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A timely and informative new look at the oil crisis, which examines both the causes and consequences of events, not only within the oil industry and the Middle East, but also their impact on the world economy, the role of Third World nations in the international system, and relations between the leading oil consuming nations.

This textbook offers a chronological introduction to the New Deal which incorporates material on events and developments outside as well as within Washington DC and on popular reaction to the policies. Reference is made to President Roosevelt and his role but the main emphasis is upon policy formation and implementation and the context in which the New Deal evolved. Bearing in mind the requirements of students Fiona Venn draws comparisons between American and European responses to the depression and provides explanations of American institutions and traditions as appropriate.

First Published in 1999. Routledge is an imprint of Taylor & Francis, an informa company.

In October 1973 two crises - one economic, one political - intersected, with dramatic and long term consequences for international relations. On 6 October, Egypt and Syria launched an attack on Israel, and within a few days the major Arab oil producers announced their support by use of the 'oil weapon', including a boycott of supplies for countries friendly to Israel and a programme of production cuts. This was followed by the unilateral declaration of a steep increase in the price of oil by the Organization of Petroleum Exporting Countries (OPEC). The result was international panic and world...