Work Process, oil revenue and financial restructuring in world economy (Preliminary versión)

Morera Camacho, Carlos (2006): Work Process, oil revenue and financial restructuring in world economy (Preliminary versión). In: Second Conference of International Forum on Comparative Political Economy of Globalization Papers. School of Oriental & African Studies, University of London, Beijing, pp. 149-180.

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PDF (Se analizan los cambios en los procesos de trabajo, los ingresos petroleros y la reestructuración financiera en la economía mundial, como consecuencia de las crisis económicas posteriores a la 2a Guerra Mundial.) - Versión Publicada Descargar (28MB)

Resumen

World economy has experienced deep transformations during the last three decades. These dramatic changes have resulted from three basic facts: 1) The profound economic crisis after de first oil price hike from 1973 to 1974, 2) The dissolution of real existing socialism in Eastern Europe and the former Soviet Union; 3) Global and generalized restructuring that followed these two events, whose definitive characteristics and inmediate perspectives have to be unwound, for example, the predominance of a financial capital that has also undergone a profound restructuring. The dynamism that world finances have achieved shows the extremely condensed articulations resulting between monetary systems and national systems -closed and segmented until then- encouraged the emergence of a new financing world space where practically all national systems transit today.

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