Still in the Danger Zone

Jonathan Nitzan and Shimshon Bichler

EconStor Preprints from ZBW - Leibniz Information Centre for Economics

Abstract: In December 2017, we posted a RWERB entry, titled ‘Profit warning: there will be blood’. We warned that, although the Weapondollar-Petrodollar Coalition might no longer be in the Middle East driver’s seat, the oil and armament companies, the region’s oil-exporting autocracies and various non-state groups were all keen on seeing their oil incomes rise from record lows. And we ob-served that, in this context, ‘the prospects of a new energy conflict, whether premeditated or co-incidental, seem extremely high’. [. . .] We can only hope that the current round of Middle East hostilities won’t be proportional to the size of its current danger zone.

Keywords: differential accumulation; Middle East Energy Conflicts (search for similar items in EconPapers)
JEL-codes: D74 P16 Q4 (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-ara and nep-ene
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:esprep:210481

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