OPEC members and the new international economic order

Journal Article · · J. Energy Dev.; (United States)

OSTI ID:7300162

Al-Khalaf, N

International cooperation toward eliminating the inequities felt by developing countries can be strengthened by their joint efforts to gain control over natural resources and production and to maintain a purchasing power based on having prices of raw materials commensurate with the cost of imported services and goods. A tracing of the history of all developing countries, including the United States, reveals a parallel sequence of colonialization, exploitation, and finally primary commodity production. Today's industrialized countries enjoyed the benefits of international efforts like the International Telegraph Union, the League of Nations, and the United Nations. The Third World has recently been shedding its colonial status and seeks several major objectives: adequate food, improved health conditions, better demographic understanding, efficient use of natural resources, industrialization, transportation, communication, and education in order to get rid of the disparities between it and the developed countries. International subgroups of the United Nations and the efforts of the Organization of Petroleum Exporting Countries have proceeded to implement development plans. Economic aid from developed countries and stronger cooperation among the developing nations is needed to bring in a higher international economic order. (DCK)

• Research Organization: Organization of Petroleum Exporting Countries, Vienna
• OSTI ID: 7300162
• Journal Information: J. Energy Dev.; (United States), Journal Name: J. Energy Dev.; (United States) Vol. 2:2; ISSN JENDD
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200* -- Energy Planning & Policy-- Economics & Sociology
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
CHARGES
DEVELOPING COUNTRIES
ECONOMIC DEVELOPMENT
ECONOMIC IMPACT
ENERGY SOURCES
FOREIGN POLICY
GOVERNMENT POLICIES
INDUSTRY
INTERNATIONAL COOPERATION
INTERNATIONAL ORGANIZATIONS
INVESTMENT
MARKET
OPEC
PRODUCTION
SOCIAL IMPACT
TRADE