Hallwood, Paul and Sinclair, Stuart (1981): OPEC and the non-oil developing countries in the 1970s.
Download (2MB) | Preview
This paper assesses the nature of the economic relationships which evolved between members of the Organization of Petroleum Exporting Countries and the non-oil less developed countries in the several years following the oil shocks of 1973 and 1974. Since these relationships can be appraised only against the background of the world economic system and its institutions at that time, attention is first focused on those issues. It is argued that no simple or easily interpreted economic relationship existed between these economic groups of developing countries; all are tied up in the matrix of the wider world economic system.
|Item Type:||MPRA Paper|
|Original Title:||OPEC and the non-oil developing countries in the 1970s|
|Keywords:||non-oil developing countries, oil shock, OPEC, terms of trade.|
|Subjects:||F - International Economics > F0 - General > F02 - International Economic Order|
|Depositing User:||Paul Hallwood|
|Date Deposited:||23. Aug 2010 02:13|
|Last Modified:||17. Feb 2013 21:37|
Balassa, B. (1981), “The Newly-Industrializing Developing Countries After the Oil Crisis”, Weltwirtschaftliches Archiv, Band 117, Heft 1, 142-194.
Birks, J.S. and Sinclair, C.A. (1979), “International Labour Migration in the Arab Middle East”, Third World Quarterly, volume 1, number 2, April 87-99.
Chandavarkar, A.G. (1980), “Use of Migrants Remittances in Labour-Exporting Countries”, Finance and Development, June, 36-39.
Diebold, W. (1978), “Adapting Economies to Structural Change: The International Aspect”, International Affairs, October, 573-588.
Economist Intelligence Unit (1979), Construction in the Middle East, Special Report.
Gerakis, A.S. and Thayanithy, S. (1978), “Wave of Middle East Migration Raises Questions of Policy in Many Countries” IMF Survey, September 4th.
Hallwood, P. and Sinclair, S. (1981), Oil, Debt and Development: OPEC in the Third World, Allen and Unwin, London.
IMF (1978), Annual Report, Washington DC.
IMF (1978), Balance of Payments Manual, Washington DC.
IMF (1980), Direction of Trade Yearbook, Washington DC.
IMF (various issues), International Financial Statistics, Washington DC.
International Labour Organization (1981), “Employment, Trade and North-South Cooperation”, ILO, Geneva.
Middle East Economic Digest, May, 1980.
Middle East Economic Digest (1981), Special Report, March.
Saudi Newsletter (1979), June 18th.
UNCTAD (1979), International Yearbook of Trade and Development Statistics, Geneva.
UNCTAD (1978), Trade Among Developing Countries, TD/B/C 7/21), September.