Munich Personal RePEc Archive

Oil prices and the developing countries- the evidence of the last decade

Chichilnisky, Graciela (1985): Oil prices and the developing countries- the evidence of the last decade. Published in: Intereconomics , Vol. 20, No. no. 6 (1985): pp. 288-296.

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Abstract

Many of the present difficulties of the world economy have been blamed on the two oil-price explosions of the 1970s. Professor Chichilnisky shows that, at least in the case of the oil-importing developing countries, the negative effects have been overestimated. In fact, in some respects the oil exporters among the developing countries fared worse than the oil importers.

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