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Full-Text Articles in Law
The European Community And The Recycling Of Petrodollars, Peter Herzog
The European Community And The Recycling Of Petrodollars, Peter Herzog
Syracuse Journal of International Law and Commerce
The author discusses the ways and means how surplus funds from oil producing countries can be channeled into Western Europe.
The Petrodollar Energy Crisis: An Overview And Interpretation, Abbas Alnasrawi
The Petrodollar Energy Crisis: An Overview And Interpretation, Abbas Alnasrawi
Syracuse Journal of International Law and Commerce
Any meaningful analysis of the current petrodollar situation requires an understanding of the evolution of relationships between oil companies and the governments of the oil producing countries during the first half of this century, due to the great influence these relationships have had on the present situation. This paper hope to present an understanding of these dynamic players during the 20th century.
Petrodollars-The Recycling Problem: Some Introductory Remarks, David M. Sassoon
Petrodollars-The Recycling Problem: Some Introductory Remarks, David M. Sassoon
Syracuse Journal of International Law and Commerce
Whatever the actual size and volume of surplus funds that ultimately accrue to the oil producing countries as a result of the quadrupling of oil prices in late 1973 and early 197 4, there is no doubt that a dramatic and unprecedented shift in financial resources from the oil importing to the oil exporting countries has occurred. This trend will continue for at least the immediate future and probably will not reverse before the end of this decade, when new or alternative energy sources and changes in consumption patterns may begin to show their effects. To be sure, early forecasts …
Recycling The Petrodollar: Current Problem, Future Opportunity, Donald M. Pattillo
Recycling The Petrodollar: Current Problem, Future Opportunity, Donald M. Pattillo
Syracuse Journal of International Law and Commerce
Have the U.S. balance of payments position and the value of our currency in relation to other national currencies been weakened by the increased petroleum prices? The answer is not self-evident. While increased imported oil prices have undoubtedly caused certain difficulties in the U.S. economy and in the BOP, it is entirely possible that over the long-term this situation could be economically advantageous to the United States. This paper seeks to illustrate the multifaceted dimension of currency movements and how money moves through the world's economy.
The Politicization And Death Of Rebus Sic Stantibus, William L. Scheffler
The Politicization And Death Of Rebus Sic Stantibus, William L. Scheffler
Syracuse Journal of International Law and Commerce
Rebus sic stantibus is a doctrine which, in simple terms, holds that an agreement may, when certain conditions are met, be partially or wholly abrogated. OPEC nations threaten to use this doctrine to change aggreements with oil consuming trading partners.