„Petrodollars“
What does Petrodollars stand for?
Hard currency, principally U.S. Dollars, earned by developing nations production and sale of petroleum.
Source:
Economic Theories and ConceptsView all itemsHumphreys, M., Sachs, J. D., & Stiglitz, J. E. (2007). Escaping the Resource Curse. New York: Columbia University Press.