An event co-sponsored by the Clements Center, Strauss Center, Sanford School of Public Policy, and Triangle Institute
Thursday, May 16, 2013 | | Duke University
What role do historical knowledge and historical analogies play in decision-making processes in foreign policy? What role should they play? Policymakers and historians alike have long grappled with these questions, but rarely in a sustained or systematic fashion. This conference brings together a group of distinguished scholars and policy practitioners to consider these questions.
The History Behind the Hustle: Petrodollars, Abscam, and the Arab-American Political Activism, 1973-1981
Co-sponsored by the Clements Center and Middle Eastern Studies
| | History Department, First Floor
The sharp spike in the price of oil in the early 1970s provided petroleum-producing countries with enormous revenues--petrodollars--to invest in the global economy. By the second half of the decade, there was widespread fear in the United States that Arab governments, companies, and individuals were using their vast wealth the "buy up America."