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010   $a9781137594617
010   $a1137594616
024 7 $a10.1057/978-1-137-59461-7
035   $a(PPN)292560192
035   $a(CKB)3710000000985350
035   $a(DE-He213)978-1-137-59461-7
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035   $a(Perlego)3498464
035   $a(EXLCZ)993710000000985350
100   $a20161220d2017      u|         0
101 0 $aeng
135   $aurnn#008mamaa
181   $ctxt$2rdacontent
182   $cc$2rdamedia
183   $acr$2rdacarrier
200 10$aSpikes and Shocks $eThe Financialisation of the Oil Market from 1980 to the Present Day /$fby Angelos Gkanoutas-Leventis
205   $a1st ed. 2017.
210  1$aLondon :$cPalgrave Macmillan UK :$cImprint: Palgrave Macmillan,$d2017.
215   $a1 online resource (XIII, 157 p. 4 illus.)
311 08$a9781137594600 
311 08$a1137594608 
320   $aIncludes bibliographical references at the end of each chapters and index.
327   $aChapter 1) Introduction -- Chapter 2) The History of the Oil Market until the 1980s -- Part 1) Conceptualising Financialisation -- Chapter 3) the Many Faces of Financialisation -- Chapter 4) Finance and the Oil Market: Introducing a Comprehensive Approach to analysing the Financialisation Process -- Part 2) The Three Phases of Oil Financialisation -- Chapter 5) Oil Products and Oil-Based Financial Products -- Chapter 6) Oil Shocks as Barometers of the Financialisation Process -- Chapter 7) The Three Phases of Oil Financialisation : Early Financialisation (1980-1999) -- Chapter 8) The Three Phases of Oil Financialisation: Low Financialisation (1999-2002) -- Chapter 9) The Three Phases of Financialisation: Advanced Financialisation (2002-2015) -- Part 3: Financialisation of Oil Market and Evolution of Oil Market?s Actor Structure -- Chapter 10) Financialisation of the Oil Market: The Four Actor Structure -- Chapter 11) Epilogue.
330   $aThis book suggests that price volatility and speculation in the oil market originate from a decades-long process of financialisation. The author contradicts mainstream critical accounts of the market that typically invoke the notion of a global oil shortage and so-called ?peak oil? arguments. Instead, he argues that the development of the market has been punctuated by recurring oil price shocks. Chapters examine the evolution of the international oil market and investigate how the process of financialisation has transformed the structure and dynamics of the global oil market from 1970 to the present. The book suggests that the financialisation process is both the cause and the proof of a profound change in the structure of the global oil market that has turned the triangle of producers, consumers, and mediators into a four-tier structure through the addition of financial actors. Angelos Gkanoutas-Leventis is a political economist with commercial experience working for national and international oil companies. He is very active in the development of the hydrocarbon industry in the South East Mediterranean, having founded the Greek Energy Forum. He is also a member of the City Political Economy Research Centre (CITYPERC). .
606   $aCapital market
606   $aFinance
606   $aHistory
606   $aEconomic history
606   $aFinancial services industry
606   $aCapital Markets
606   $aFinancial History
606   $aEconomic History
606   $aFinancial Services
615  0$aCapital market.
615  0$aFinance.
615  0$aHistory.
615  0$aEconomic history.
615  0$aFinancial services industry.
615 14$aCapital Markets.
615 24$aFinancial History.
615 24$aEconomic History.
615 24$aFinancial Services.
676   $a332.0415
700   $aGkanoutas-Leventis$b Angelos$4aut$4http://id.loc.gov/vocabulary/relators/aut$0914207
906   $aBOOK
912   $a9910156185203321
996   $aSpikes and Shocks$92048286
997   $aUNINA