Political economy of non-oil-exporting LDCs: the oil crisis as the threshold of exploratory change

Thesis/Dissertation · Fri Jan 01 04:00:00 EST 1982

OSTI ID:5263841

Inoguchi, K Y

This dissertation analyzes the external behavior of non-oil-exporting LDCs in response to the OPEC strike of 1973. By addressing the oil crisis not only as an economic crisis but also as a catalyst in the Third World's quest for alternative North-South and South-South economic relations, this study presents a framework of analysis which helps place into perspective the wide range of reactions of the South in post-oil crisis years. In this study the set of external-behavior patterns most commonly observed among Third World countries is first conceptualized and then made the subject of empirical studies that identify the causal elements behind each pattern of behavior. For each pattern observed, an explanatory multiple regression model is specified and estimated using aggregate data from international organizations, and events data and content analysis data compiled by the author from numerous sources for a sample of forty non-oil-exporting LDCs. The results of the analysis demonstrate the importance of political variables in determining the Third World's foreign economic behavior. The successful specification of the models also suggests that the Third World's call for a New International Economic Order following the oil crisis was based on solid political-economic calculations of Third World interests and needs.

• OSTI ID: 5263841
• Country of Publication: United States
• Language: English

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