How oil price volatility explains these uncertain times By TOM THERRAMUS, 2016/03/01. As oil prices gyrate vigorously in the $30 range, oil-price.net reflects on how surging oil price volatility, the measure of variation in the oil price, is playing out in the oil and stock markets. More Articles:
Cronyism is a more specific form of favoritism, referring to partiality towards friends and associates. Cronyism occurs within a network of insiders-the good ol' boys, who confer favors on one another. Nepotism is an even narrower form of favoritism.
communalism. 1  a theory or system of government according to which each commune is virtually an independent state and the nation is merely a federation of such states. 2  the principles or practices of communal ownership. 3  strong allegiance to one's own ethnic group rather than to society as a whole.