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Detail
ArtikelOil and the World Economy  
Oleh: Klein, Lawrence R.
Jenis: Article from Bulletin/Magazine
Dalam koleksi: Economic Impact no. 3 (1978), page 49-55.
Topik: Productivity; Oil; World Economy; Price
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: EE6.3, EE6.6
    • Non-tandon: 2 (dapat dipinjam: 0)
    • Tandon: tidak ada
    Lihat Detail Induk
Isi artikelActing like an axcise tax, the OPEC oil price rise in 1974 triggered a recession which was then aggravated by excessively restrictive U.S. monetary policies, according to Dr. Klein. This well-known economist, who was an adviser to President Carter during his campaign for presidency in 1976, believes that slower world economic and trade growth rates are possible in the future, but not inevitable, particularly if the United States pursues policies leading to greater energy independence, and higher productivity. A graduate of the Massachusetts Institute of Technology, Dr. Klein is professor of economics and finance at the University of Pennsylvania, and chairman of the Board of the Wharton Econometric Forecasting Association. This article was drawn from a paper presented by Dr. Klein at a session sponsored by the American Professors for Peace in the Middle East at the annual meeting of the Allied Social Science Associations in New York in December 1977.
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