Home » Managing the Oil Wealth: OPECs Windfalls and Pitfalls by Jahangir Amuzegar
Managing the Oil Wealth: OPECs Windfalls and Pitfalls Jahangir Amuzegar

Managing the Oil Wealth: OPECs Windfalls and Pitfalls

Jahangir Amuzegar

Published March 15th 1999
ISBN : 9781860642920
Hardcover
256 pages
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 About the Book 

Whatever happened to OPEC? This book unravels the puzzle that has confounded all the experts: why did countries with such major divergences in size, population, resources, economic structures, governmental systems, culture and ethnicity all followMoreWhatever happened to OPEC? This book unravels the puzzle that has confounded all the experts: 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? This is the first book which charts OPEC’s rise, decline and virtual disappearance as a commercial force in the world.