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The Loss of Macroeconomic Stability, the Oil Boom, and the Debt Crisis

Juan Carlos Moreno-Brid and Jaime Ros

in Development and Growth in the Mexican Economy: An Historical Perspective

Published in print:
2009
Published Online:
May 2009
ISBN:
9780195371161
eISBN:
9780199870608
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195371161.003.0006
Subject:
Economics and Finance, Economic History

Chapter 6 examines the period from 1970 to 1983 marked by continued economic growth but also by the reemergence of inflation and balance of payments crises in 1976 and 1982. It recounts the change in ... More


The Power of Petróleo: Black Gold and Middle-Class Noir, 1977–1981

in Waking from the Dream: Mexico's Middle Classes after 1968

Published in print:
2013
Published Online:
June 2013
ISBN:
9780804781510
eISBN:
9780804784573
Item type:
chapter
Publisher:
Stanford University Press
DOI:
10.11126/stanford/9780804781510.003.0004
Subject:
History, Latin American History

This chapter focuses on the short oil boom from 1977 to 1981 and analyzes “middle class” as a political discourse in the public sphere. It examines the hopes (and fears) that politicians, scholars, ... More


The Crisis of Corruption

Alexandra Gillies

in Crude Intentions: How Oil Corruption Contaminates the World

Published in print:
2020
Published Online:
January 2020
ISBN:
9780190940706
eISBN:
9780190940737
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190940706.003.0001
Subject:
Political Science, International Relations and Politics, Political Economy

Observing oil boom corruption is like placing a drop of dye in the circulatory system of global corruption, and watching it reveal the system’s channels and pathways as it spreads and spreads. ... More


The Boom, the Bust, and the Dynamics of Oil Resource Management in Ghana

Ernest Aryeetey and Ishmael Ackah

in Mining for Change: Natural Resources and Industry in Africa

Published in print:
2020
Published Online:
March 2020
ISBN:
9780198851172
eISBN:
9780191885914
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198851172.003.0005
Subject:
Economics and Finance, Development, Growth, and Environmental

Oil resources are neither a curse nor a blessing. In order to translate Ghana’s oil resources into inclusive development amid high expectations, several laws and regulations have been passed and new ... More


Divided by Blood: The Graysons and the End of the Creek Nation

Claudio Saunt

in Black, White, and Indian: Race and the Unmaking of an American Family

Published in print:
2005
Published Online:
September 2007
ISBN:
9780195176315
eISBN:
9780199788972
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195176315.003.0009
Subject:
History, Social History

The Dawes Act and allotment brought an end to the Creek Nation. Although both Creeks and black Indians struggled to hold onto their land, those with lighter skin were relatively better off. The oil ... More


The Politics of Illusion

in The Pan-African Nation: Oil and the Spectacle of Culture in Nigeria

Published in print:
2005
Published Online:
March 2013
ISBN:
9780226023540
eISBN:
9780226023564
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226023564.003.0008
Subject:
Anthropology, African Cultural Anthropology

This chapter illustrates how the seeing-is-believing of the oil boom gave way to the visual deceptions of the oil bust, a social world not of objects and things but of smoke and mirrors, a business ... More


“Liquid Modernity”: Sundown in Pawhuska, Oklahoma

Hanna Musiol

in Oil Culture

Published in print:
2014
Published Online:
August 2015
ISBN:
9780816689682
eISBN:
9781452949314
Item type:
chapter
Publisher:
University of Minnesota Press
DOI:
10.5749/minnesota/9780816689682.003.0007
Subject:
History, Environmental History

This chapter offers a reading of John Joseph Matthews’s 1934 novel Sundown as an account of the Osage oil boom that uses the bildungsroman form to dramatize the disastrous effects of unchecked ... More


The Mirror of Cultural Production

in The Pan-African Nation: Oil and the Spectacle of Culture in Nigeria

Published in print:
2005
Published Online:
March 2013
ISBN:
9780226023540
eISBN:
9780226023564
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226023564.003.0007
Subject:
Anthropology, African Cultural Anthropology

This chapter focuses on the phenomenology of the oil boom through the mirror of cultural production itself, examining its inflated costs, hidden fiscal pathways, and mercurial money forms. FESTAC ... More


The Evolution of Modern Islamic Finance

Ibrahim Warde

in Islamic Finance in the Global Economy

Published in print:
2000
Published Online:
March 2012
ISBN:
9780748612161
eISBN:
9780748653072
Item type:
chapter
Publisher:
Edinburgh University Press
DOI:
10.3366/edinburgh/9780748612161.003.0005
Subject:
Society and Culture, Middle Eastern Studies

Modern Islamic finance started in the 1970s, its emergence driven largely by the oil boom. However, it was bound to be transformed by the collapse of oil prices in the 1980s, and by the changes in ... More


Conclusion

in The Pan-African Nation: Oil and the Spectacle of Culture in Nigeria

Published in print:
2005
Published Online:
March 2013
ISBN:
9780226023540
eISBN:
9780226023564
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226023564.003.0010
Subject:
Anthropology, African Cultural Anthropology

Unlike the commodity boom of Victorian England, which was generated by the Industrial Revolution, Nigeria's bonanza was fueled by oil, reversing the historic relationship between spheres of ... More


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