Spikes and Shocks The Financialisation of the Oil Market from 1980 t
This 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 shorta
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Angelos Gkanoutas-Leventis
Spikes and Shocks The Financialisation of the Oil Market from 1980 to the Present Day
Angelos Gkanoutas-Leventis London, United Kingdom
ISBN 978-1-137-59460-0 DOI 10.1057/978-1-137-59461-7
ISBN 978-1-137-59461-7 (eBook)
Library of Congress Control Number: 2016955694 © The Editor(s) (if applicable) and The Author(s) 2017 The author(s) has/have asserted their right(s) to be identified as the author(s) of this work in accordance with the Copyright, Designs and Patents Act 1988. This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Cover illustration: Détail de la Tour Eiffel © nemesis2207/Fotolia.co.uk Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Macmillan Publishers Ltd. The registered company address is: The Campus, 4 Crinan Street, London, N1 9XW, United Kingdom
ACKNOWLEDGEMENTS
Writing a book is a long and challenging process, in many different levels. I consider myself very lucky for having the support of a number of exceptional individuals who directly or indirectly helped me in successfully producing a piece of work which I am truly proud of. Therefore, I would like to dedicate this space in recognising those individuals and the support and inspiration that they have so abundantly provided me with. First, I want to thank Dr. Anastasia Nesvetailova who has been a constant source of support both in my academic and personal life. I appreciate all her patience, time, long discussions and ideas that made my academic experience productive and, most importantly, exciting. I would also give special thanks to both Daria Nochevnik and Giovanni Mangraviti who took a great interest in my ideas, and through unparalleled patience, attention to detail and creativity have supported me in editing this book, turning it into a beautiful text. I am lucky to have had a wonderful group of friends whom I would also like to thank for their constant support and influence in my
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