Managing the Oil Wealth

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A01=Jahangir Amuzegar
Author_Jahangir Amuzegar
Category=GTP
Category=JPS
Category=KCZ
Category=KNBP
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Product details

  • ISBN 9781860646485
  • Dimensions: 153 x 234mm
  • Publication Date: 25 Jan 2001
  • Publisher: Bloomsbury Publishing PLC
  • Publication City/Country: GB
  • Product Form: Hardback
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Whatever happened to OPEC? This text unravels the puzzle: why did countries with such major divergences in size, population, resources, economic structures, governmental systems, culture and ethnicity all follow the same path to political and economic development, and with such wretched results? How did OPEC members benefit from their three trillion-dollar windfall? And where did all that money go? Why did the anticipated plenty, affluence, political stability and liberation all turn into austerity, deficits, debts, disappointment and decay? It explores OPEC's rise, decline and virtual disappearance as a world commercial force.

Jahangir Amuzegar is a distinguished economist and former member of the Executive Board of the IMF who lectures at Johns Hopkins University.

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