Petrodollar - ορισμός. Τι είναι το Petrodollar
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Τι (ποιος) είναι Petrodollar - ορισμός

INTERNATIONAL SPENDING OR INVESTMENT OF A COUNTRY'S REVENUES FROM PETROLEUM EXPORTS
Petrodollar; Petro-dollars; Petrodollars; Petrodollar warfare; Petrodollar Warfare; Petrodollar cycle; Campaign to Boycott the Dollar; Campaign to boycott the dollar; Petro-dollar; Petro dollar; Petrodollar reserves
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petrodollar         
¦ noun a notional unit of currency earned from the export of petroleum.
Petrodollars         
This term refers to oil earnings of petroleum-exporting countries in excess of their domestic needs and deposited in dollars in Western banks. However, a large part of the revenues that OPEC countries were unable to spend has been recycled to oil-importing countries in an attempt to balance international accounts.
petrodollars         
also petro-dollars
Petrodollars are a unit of money used to calculate how much a country has earned by exporting petroleum or natural gas.
N-PLURAL

Βικιπαίδεια

Petrodollar recycling

Petrodollar recycling is the international spending or investment of a country's revenues from petroleum exports ("petrodollars"). It generally refers to the phenomenon of major petroleum-exporting states, mainly the OPEC members plus Russia and Norway, earning more money from the export of crude oil than they could efficiently invest in their own economies. The resulting global interdependencies and financial flows, from oil producers back to oil consumers, can reach a scale of hundreds of billions of US dollars per year – including a wide range of transactions in a variety of currencies, some pegged to the US dollar and some not. These flows are heavily influenced by government-level decisions regarding international investment and aid, with important consequences for both global finance and petroleum politics. The phenomenon is most pronounced during periods when the price of oil is historically high.

The term petrodollar was coined in the early 1970s during the oil crisis, and the first major petrodollar surge (1974–1981) resulted in more financial complications than the second (2005–2014).

Παραδείγματα από το σώμα κειμένου για Petrodollar
1. Soaring petrodollar inflows have been prudently extended so far.
2. Its government has played little part in the wave of petrodollar takeovers.
3. McKinsey & Company also said that private wealth is highly concentrated in almost all petrodollar countries.
4. Excess liquidity from petrodollar and capital inflows makes it hard for the Central Bank to tightly control the money market.
5. "The Canadian dollar is becoming a petrodollar like it never was before." Oil wealth, however, can have drawbacks.