Repository Article

·2009 OPEN ACCESS

Oil Prices, Great Depression, Middle East or Hegemony War of USA

Melike Bildirici YTU , Tahsin Bakırtaş , Elçin Aykaç YTU , Seçkin Sunal YTU

SSRN Electronic Journal

Abstract

In this study, it is discussed whether this crisis is the hegemony war of USA or not, by moving from the idea that the crisis experienced recently can be considered as a great depression. In this discussion, the theoretical structure of the great depression and the historical dimension of the crisis were taken into consideration and while we examine the great depression within the framework of oil prices and hegemony war, we will use mortgage credits, current deficits and budget deficits as key concepts.

Keywords

Middle East Great Depression Hegemony Depression (economics) Ancient history Economics Political science Development economics Economic history History Keynesian economics Politics Law

Subject Areas

Market Dynamics and Volatility ·Economics and Econometrics ·Social Sciences

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SDGs auto-classified by OpenAlex (score ≥ 0.4 shown).

Decent work and economic growth 41%