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Managing the Oil Wealth: OPEC's Windfalls and Pitfalls

Jahangir Amuzegar




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 | #3978567 in Books | Color: Black |  I. B. Tauris |  2001-03-21 | Original language:English | PDF # 1 |  8.44 x.93 x6.12l,.86 | File type: PDF | 288 pages

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“A Choice Outstanding Academic Title 1999” — Choice||“A blunt, vivid, and depressing account of what each of the thirteen OPEC members did with the oil income and where their economies have now ended up.” —Mid

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 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? Where did all that money go? This is the first book that charts ...

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