Oil in the new world order /

In this volume of papers from the 1992 conference "International Oil in the 1990s," the editors, and likewise several contributors, follow the "New World Order," according to President Bush, and accordingly build a "new oil order" upon it. Therefore, the tendency in this collection is to capitalize on the residue of "Pax Americana" rather than to take as its point of departure a more powerful thesis of the globalization of economy and polity beyond the nation-states. The book is divided into five parts, beginning with discussion of global issues, continuing with case studies, coverage of the former Soviet states and the Middle East, and ending with several managerial perspectives in the appendixes. Part 1, "Global Issues" and part 4, "The Middle East" are by far the most interesting and informative sections of this volume. On the global issues, G. Luciani, K.C. Brown and R.F. Semmons, and P.R. Odell inform us about the dynamics of reintegration, innovations in the financial markets, and "regionalization" of oil markets. On the issue of Middle East oil, H. Amirahmadi, P. Sluglett, and D.E. Long provide specific background about one of the most volatile regions of the globe, dealing with Iran, Iraq, and the so-called Gulf Cooperation Council (GCC) states. An appropriate volume for academic, professional, and public libraries. C. Bina Harvard University