The policy of the United States and, by extension, that of many oil importing countries, toward OPEC countries is in large part a function of an estimate of the factors that condition oil decisions in exporting countries. In this title, originally published in 1978, Ted Moran examines how immune OPEC can expect to be to the struggles over market shares that traditionally have beset attempts to organize natural resource cartels. Moran s research leads him to argue that skyrocketing commitments to growth and social betterment leave little slack in national budgets and thus preclude output...
The policy of the United States and, by extension, that of many oil importing countries, toward OPEC countries is in large part a function of an es...
