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Oil and development

Journal Article:

Abstract

The shift in world income due to the increase in oil prices has resulted in a world economy that has been thrown off balance. Nine papers are presented that explore the background and the main implications of this ''watershed'' in international relations, particularly the extent to which it will affect the development prospects of poor countries and the climate of trade between poor and rich nations in the next few years. Two papers, ''Diary of Events in the Oil Market 1971--1974'' and ''Statistical Background,'' provide information on the financial changes implied by the price increase; some of the figures should be treated as preliminary estimates only. ''Large International Firms in the Oil Industry'' examines the part played by the major oil companies in developments in the oil market leading up to the events of 1973. Two papers, ''Can OPEC Maintain Current Prices'' and ''OPEC As a Model for Other Mineral Exporters,'' present optimistic conclusions, from the viewpoint of developing countries, on their future capability for controlling their own destinies in trade. ''A Note on Some Issues Raised for Science and Technology Policy by the Increase in Oil Prices'' looks at options open to producers and consumers of raw materials. ''Assessing  More>>
Authors:
Publication Date:
Oct 01, 1974
Product Type:
Journal Article
Reference Number:
ERA-02-013827; EDB-77-018284
Resource Relation:
Journal Name: Inst. Dev. Stud. Bull.; (United Kingdom); Journal Volume: 6:2; Other Information: Special Issue
Subject:
29 ENERGY PLANNING, POLICY AND ECONOMY; 02 PETROLEUM; DEVELOPING COUNTRIES; ECONOMIC DEVELOPMENT; MIDDLE EAST; PETROLEUM; MARKET; BANGLADESH; CHARGES; ECONOMIC POLICY; ENERGY POLICY; GOVERNMENT POLICIES; INCOME; INDIA; INTERNATIONAL COOPERATION; SRI LANKA; STATISTICS; TRADE; UNITED KINGDOM; ASIA; ENERGY SOURCES; EUROPE; FOSSIL FUELS; FUELS; MATHEMATICS; 294002* - Energy Planning & Policy- Petroleum; 020700 - Petroleum- Economics, Industrial, & Business Aspects
OSTI ID:
7246682
Country of Origin:
United Kingdom
Language:
English
Other Identifying Numbers:
Journal ID: CODEN: BUSSD
Submitting Site:
TIC
Size:
Pages: 1-131
Announcement Date:

Journal Article:

Citation Formats

Ellis, F. Oil and development. United Kingdom: N. p., 1974. Web.
Ellis, F. Oil and development. United Kingdom.
Ellis, F. 1974. "Oil and development." United Kingdom.
@misc{etde_7246682,
title = {Oil and development}
author = {Ellis, F}
abstractNote = {The shift in world income due to the increase in oil prices has resulted in a world economy that has been thrown off balance. Nine papers are presented that explore the background and the main implications of this ''watershed'' in international relations, particularly the extent to which it will affect the development prospects of poor countries and the climate of trade between poor and rich nations in the next few years. Two papers, ''Diary of Events in the Oil Market 1971--1974'' and ''Statistical Background,'' provide information on the financial changes implied by the price increase; some of the figures should be treated as preliminary estimates only. ''Large International Firms in the Oil Industry'' examines the part played by the major oil companies in developments in the oil market leading up to the events of 1973. Two papers, ''Can OPEC Maintain Current Prices'' and ''OPEC As a Model for Other Mineral Exporters,'' present optimistic conclusions, from the viewpoint of developing countries, on their future capability for controlling their own destinies in trade. ''A Note on Some Issues Raised for Science and Technology Policy by the Increase in Oil Prices'' looks at options open to producers and consumers of raw materials. ''Assessing the Economic Impact on Developing Countries and Some Policy Suggestions,'' ''A Note on the Implications of the Oil Price Increases for British Aid Policy,'' and ''Confrontation Versus Co-operation'' are three papers concerned with difficulties of developing countries and particularly India, Bangladesh, and Sri Lanka. (MCW)}
journal = {Inst. Dev. Stud. Bull.; (United Kingdom)}
volume = {6:2}
journal type = {AC}
place = {United Kingdom}
year = {1974}
month = {Oct}
}