Stagflation is Back
@@ Conventional oil supplies will re-main tight in the years ahead.New dis-coveries will not suffice.World crude-oil production nearly tripled in 1960-73 (from 21 million barrels a day to 56 mil-lion), but has grown a mere 30% since then, to around 73 million barrels per day in 2006.In fact, Persian Gulf crude-oil production stopped growing entirely after 1974, peaking at around 21 million bar-reis per day.
back、stagflation
2008-11-18(万方平台首次上网日期,不代表论文的发表时间)
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