ABSTRACT

Using highly-readable, non-technical language, the authors, both professional economists, describe all the major global economic forces at work in the 1970s and forecast the kind of future which such forces are creating (and which has indeed been the case). Inflation and recession, an energy crisis, international monetary disorder and a food crisis in the developing world are all discussed.

chapter |3 pages

What This Book Is About

chapter 1|16 pages

The Deteriorating World Economy

chapter 2|13 pages

Monetary Order and Disorder

chapter 3|16 pages

Oil Tips the Balance

chapter 4|19 pages

The Turn of the Screw

chapter 5|14 pages

Coping With the Oil Billions

chapter 6|18 pages

The Cowardice of Money