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Academic Term Papers Catalog THE ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES: A STUDY OF ECONOMIC COOPERATION AND POLITICAL CONFLICT.
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| 07271. THE ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES: A STUDY OF ECONOMIC COOPERATION AND POLITICAL CONFLICT. Detailed history of OPEC through 1983, sympathetically investigating how political differences have always existed in the cartel. Includes pre-OPEC situation of oil industry and cartel of major companies, early moves by Saudi Arabia, Venezuela, and others to gain income, establishment of OPEC in 1960, how 1971-72 price rises were politically influenced, how Arab-Israeli war contributed to '73 price explosion, development of radicals and moderates within OPEC, history of price conflict through '83, effects of oil glut since '81, Iran's position as OPEC troublemaker; concludes that even if OPEC breaks up some cooperation for mutual benefit will undoubtedly continue. 30 pages, 53 footnotes, 22 bibliographic sources. | $133 |
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