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Description - Managing the Oil Wealth by Jahangir Amuzegar

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.

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Book Details

ISBN: 9781860646485
ISBN-10: 1860646484
Format: Hardback
(234mm x 153mm x mm)
Pages: 288
Imprint: I.B.Tauris
Publisher: I.B.Tauris & Co Ltd.
Publish Date: 25-Jan-2001
Country of Publication: United Kingdom

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Author Biography - Jahangir Amuzegar

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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