Developing countries in Africa, the Middle East and Latin America have made huge profits from exporting oil in recent years and have won great control over world markets. This book looks at the background to examine why this vast oil revenue has done so little to bring about sustained economic and political development in these countries. Separate chapters consider: the impact of oil on individual developing countries, from initial exploitation through to the present day; the evolution of the international oil industry as a whole; and US and British oil policies. The work is fully up-to-date and contains statistical material.

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The Political Economy of International Oil

Publisher

Edinburgh University Press

ISBN

0748604901

Language

en

Release

1994

Pages

220

Categories

Business & Economics / Industries / General

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About the Author

George Philip

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