Soft covered book titled THE OIL CRISIS, edited by Raymond Vernon, 1976, 300 pages.

The Arab oil embargo of 1973 had a seismic effect on the world economy. Even more drastic dislocations occurred during the after-shock, as the oil producing counties tired to maintain control of the international oil market. In a set of closely integrated essays, an international group of distinguished scholars probes behind the surface events for the origins, consequences, and probable future course of the crisis. Several of the authors provide a new perspective on the role of OPEC, a perspective that assigns it only a secondary role in the crisis and sets limits to its effectiveness in the future.

This book is in VG condition, pages intact, and the binding is tight. Highlighting present on some pages.