Friday, November 25, 2011

Booklist on Global Economy

Please note I have used the following books in the production of Lectures 1 and 2:

Title and Author
Location and Code
Focus Area(s)
David Reynolds, One World Divisible: Global History since 1945
Libaria, 909.82 Rey
Japan, South Korea and Taiwan

Generally a good overall text
Henry C. Dethloff, The United States and the Global Economy since 1945
Libaria, 337.73 Det
United States prior to 1975
Sidney Pollard, The International Economy since 1945
Libaria, 940 Pol
Low inflation during the Golden Age of Capitalism (p.108)

Multinational Companies

Numbers for growth in passenger cars (p.21)


Updated 25 Nov 2011, Chen Weilun

Ronald Reagan-OPEC and the end of the Cold War

This is an entry to promote research US President Reagan's confrontational policies towards the USSR. Economically, it has been said that he persuaded OPEC to raise production to decrease oil prices. As the Soviet Union was an oil producer, this added to its economic strain on top of the grain embargo begun in 1979 by US president Carter for the Soviet invasion of Afghanistan. The USSR was therefore deprived of funds to import technology and other goods. Reagan also banned technology transfer to the USSR. I recall that the US also restricted Japanese sales of computer technology to the USSR.

We can research on the numerical depth of the impact e.g. how much profits was lost. It is an interesting aspect of economic competition in the Cold War.

Chen Weilun