Oil, Debt and Development: OPEC in the Third WorldThis book, originally published in 1981, discusses the various welfare effects – including ai, debt, trade and labour flows - of the rise in oil prices and revenues which took place in the 1970s. These complex effects and the negotiating stances of the developing countries are all examined an dinvestigated, drawing upon a wide range of sources and material for the more quantitative parts. Throughout, however, the treatment is non-mathematical and is written in clear English accessible not only to bankers and polititians, but also students of economics, international relationjs and area studies. |
Contents
| 1846 | |
| 1857 | |
The Changing World Economic Climate | 1874 |
The Organisation of Petroleum Exporting Countries | 1891 |
Energy and the NOPECs Terms of Trade | 1910 |
OPEC and Debt in the Developing World | 1928 |
OPEC | 1953 |
The Growth of Trade between OPEC and the Developing Countries | 1932 |
Labour Migration and Remittances | 1951 |
Interrupted Growth Patterns? | 1967 |
The debt position before 1974 | 1974 |
An Assessment | 1983 |
Bibliography | 1998 |
| 2016 | |
Other editions - View all
Oil, Debt and Development: OPEC in the Third World Paul Hallwood,Stuart Sinclair Limited preview - 2016 |
Oil, Debt and Development: OPEC in the Third World Paul Hallwood,Stuart Sinclair No preview available - 2016 |
Common terms and phrases
$6 per barrel $6/barrel extra $8/barrel extra cost aid donors annual Arab aid average balance of payments barrel extra bilateral aid billion Brazil cartel Chapter country’s crude oil debt service demand developing countries deviations economic Egypt energy Eurocurrency Eurocurrency banks export prices exports to OPEC factors Figure GNP per capita growth rates higher oil prices IBRD import bill imports at $8/barrel income India industrial countries industrialisation inflation Iran Iraq Kuwait labour ldcs Libya manufactures Middle East migration multilateral non-oil ldcs NOPECs OECD oil exporting countries oil imports oil price rises oil products OPEC aid OPEC aid disbursements OPEC countries OPEC members OPEC’s output Pakistan payments deficits period petroleum petroleum products primary commodities Qatar recipients regional relationship remittances Saudi Arabia share shows Somalia Source South Korea surplus Table terms of trade Third World trade deficit trend UNCTAD Venezuela workers Yemen