SAT 23.5. Disturbances-lecture: The political economy of oil now
Submitted by dille on 1 April, 2015 - 18:45At Kupoli (Mannerheimintie 5 B, 7th floor). Doors open at 18:00, lecture starts at 18:15.
Why did the price of oil collapse? And why is the lower price not all good? And even more strangely: why would a rise in price also be bad? The presentation deals with an apparent paradox: both the decline and the rise of the price of oil are bad for global economy. We will also analyse who benefits and who suffers because of the low price, and discuss some "conspiracy theories" dealing with the question.