Middle East Research and Information Project: Critical Coverage of the Middle East Since 1971

For years, economic analysts of all political persuasions have been commenting on the protracted economic crisis which began with the global recession of 1974-75 and continues to be the defining feature of world capitalism today. Most have restricted themselves to those manifestations of the crisis which have been particularly acute at various moments: the oil price shocks of the 1970s, Third World debt, African famine and the inability of the market to ensure adequate food supply, the US balance of payments deficit, and so forth. By contrast, Joyce Kolko’s Restructuring the World Economy (New York: Pantheon, 1988) links these and other issues in a comprehensive analysis of the crisis.

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How to cite this article:

Joel Beinin "Editor’s Bookshelf (November/December 1988)," Middle East Report 155 (November/December 1988).