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Europe during the energy crisis

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  • Standke, Klaus-Heinrich

Abstract

Shortages of fuels and raw materials had been pre dicted for the world not before the turn of the century, and even experts were surprised that a situation of general undersupply arrived so soon. As there is little scope for substitution, and the currency system of the world is in peril, industrialised nations have only a narrow field for remedial action. In the long term, there may be some hope, however, for breaking out of the dilemma with the aid of a new technology.

Suggested Citation

  • Standke, Klaus-Heinrich, 1974. "Europe during the energy crisis," Intereconomics – Review of European Economic Policy (1966 - 1988), ZBW - Leibniz Information Centre for Economics, vol. 9(7), pages 217-220.
    • Handle: RePEc:zbw:inteco:139045
    DOI: 10.1007/BF02929092
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    Keywords

    Energy Problems;

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