"History of how international petrodollar flows transformed the role of the Middle East within the global empire of the United States during the 1970s and 1980s, both increasing Middle East-US cooperation and generating cultural and political backlashes, with particular focus on…
In Oil Money, David M. Wight offers a new framework for understanding the course of Middle East-US relations during the 1970s and 1980s: the transformation of the US global empire by Middle East petrodollars. During these two decades, American, Arab, and Iranian elites reconstit…
Oil, US empire, and the Middle East -- The road to the oil shock -- Pursuing petrodollar interdependence -- The triangle to the Nile -- The petrodollar economy -- Visions of petrodollar promise and peril -- Reform and revolt -- Revolution and invasions -- Recoveries and crises -…
"History of how international petrodollar flows transformed the role of the Middle East within the global empire of the United States during the 1970s and 1980s, both increasing Middle East-US cooperation and generating cultural and political backlashes, with particular focus on…