Petrodollars
Petrodollar recycling is the international spending or investment of a country's revenues from petroleum exports ("petrodollars"). It generally refers to the phenomenon of major petroleum-exporting nations, mainly the OPEC members plus Russia and Norway, earning more money from the export of crude oil than they could efficiently invest in their own economies. The resulting global interdependencies and financial flows, from oil producers back to oil consumers, can reach a scale of hundreds of billions of US dollars per year – including a wide range of transactions in a variety of currencies, some pegged to the US dollar and some not. …
WikipediaPublications
CIGI: Centre for International Governance Innovation · 22 February 2024 English
Headquartered understanding of the socio-economic and technological in Waterloo, Canada, CIGI has received support impacts of digitalization and improve the quality and from the Government of Canada, the Government relevance …
economic inertia that has been fuelled globally by petrodollars in order to implement effective policies to …
UAP: University of Alberta Press · 1 December 2023 English
All the World’s a Mall is a memorable, hallucinatory travel adventure to five of the biggest malls in the world.
somewhere between Qatar and Norway in terms of petrodollars per inhab- itant. It has the world’s largest …
Global Risk Institute in Financial Services · 8 March 2023 English
Moreover, the baby the Trump Administration and Brexit in 2016, boom-driven increase in workers in advanced and accelerated strongly with pandemic-driven economies from the mid-1960s through the supply chain problems …
spending to be a longer-term trend.22 Both of petrodollars. Global savings outside the US the secular stagnation …
Homeless Hub · 24 August 2022 English
For this purpose, the USA reached a series of agreements with the leading oil pro- ducers to price oil in dollars to maintain the global dollar demand.iii Thus, the dollar …
The substitu- tion of the gold standard by the petrodollars system and the twin US deficit gave free rein …
C.D. Howe Institute · 10 August 2022 English
Soviet Union was based on trade integration, as it imported machinery and equipment paid for by petrodollars and welcome foreign investment. [...] The costs outlined above, which in good measure stem from …
imported machinery and equipment paid for by petrodollars and welcome foreign investment. This culminated …
CHA: Canadian Historical Association · 19 October 2021 English
Starting in the sixteenth century, Filipino men travelled to the Americas, first as seafarers in the Manila Galleon, a Spanish co- lonial link between its Philippine colony and Mexico, and …
went to the Middle East in search of so-called ‘petrodollars’ of the region’s rich oil fields, but many looked …
CHA: Canadian Historical Association · 19 October 2021 French
Tout comme les premiers immigrants au Canada ont répondu aux be- soins en main-d’œuvre des industries en plein essor comme celles de l’agriculture, du chemin de fer et de l’exploitation …
dirigée vers le Moyen-Orient à la recherche des « pétrodollars » des riches gisements de pétrole de la région …
desLibris · 18 June 2019 English
This includes the United Nations and Multilateralism in its modern form dates to the related organizations (including the World Bank early nineteenth century and the creation of the group and …
Development was created in 1977 largely to recycle petrodollars to the developing world and, in its governance …
CIGI: Centre for International Governance Innovation · 18 June 2019 English
This includes the United Nations and Multilateralism in its modern form dates to the related organizations (including the World Bank early nineteenth century and the creation of the group and …
(“Brexit”) vote created in 1977 largely to recycle petrodollars to the developing world to leave the union and …
CCPA: Canadian Centre For Policy Alternatives · 11 June 2019 English
very word “correct” gets my Missing in action The second issue T back up, evoking the most of contention is the uptight, self-righteous and Excellent articles on the twice-mentioned use …
fighting among the U.S. Navy can blockade Russia if petrodollars, the crucial driver of U.S. rival factions. …
