The Rise and Fall of OPEC in the Twentieth Century

The Rise and Fall of OPEC in the Twentieth Century
Author: Giuliano Garavini
Publisher: Oxford University Press, USA
Total Pages: 445
Release: 2019
Genre: Business & Economics
ISBN: 0198832834

The most comprehensive history of the Organization of the Petroleum Exporting Countries (OPEC) and of its members, this study takes the reader from the formation of the first petrostate in the world, Venezuela, in the late 1920s, to the global ascent of petrostates and OPEC during the 1970s, to their crisis in the late-1980s and early- 1990s.

OPEC in a Shale Oil World

OPEC in a Shale Oil World
Author: Mohamed Ramady
Publisher: Springer
Total Pages: 293
Release: 2015-10-15
Genre: Political Science
ISBN: 3319223712

RAMADy, Mahdi OPec in a sHALE oil world –where to NEXT? With PREFACE by Dr. Sadad Al Husseini , former Board Member and Executive Vice President , Saudi Aramco. "OPEC has played an important role since its founding and continues to do so, but it has to recognize that this role has now changed and the organization has to adapt to new challenges. This book provides some possible solutions" Abdulsamad Al Awadhi, former Kuwait National Representative at OPEC . "Authoritative, well-informed, and excellent account of the role of OPEC in managing the oil market, present, past, and future" Hassan Qabazard, former Director of Research Division , OPEC. ". The call for action by Mohamed Ramady and Wael Mahdy in this book makes it clear that time, and not oil, is the precious commodity that is running out fast on OPEC’s side", Sadad Al Husseini , former Board Member and EVP Saudi Aramco “OPEC is dead. Long live OPEC”. The organization is now going through a mid life crisis in its 54 years of existence trying to figure out where it goes next in a world where OPEC has been relegated from being the energy swing producer, and Saudi Arabia as the ‘Sultan of the Swing,’ to one where it now faces competition from both non- OPEC traditional well as non-conventional shale producers. The Authors examine how OPEC has had to come to terms with the reality that the earlier decades ‘call on OPEC’ has now been replaced by a ‘call on non-OPEC’ and that a new ‘swing’ has been identified- the producers of shale oil. Drawing upon the Authors combined academic and practical first hand insights on OPEC, the book discusses how a new OPEC paradigm has emerged following the oil price rout of 2014, whereby the organization’s principal concern is now protecting market share, without being in charge unlike earlier fleeting periods of the late 1970’s, which brought with it a lasting myth of the OPEC cartel. Mohamed Ramady is Visiting Associate Professor, King Fahd University of Petroleum and Minerals, Saudi Arabia; Wael Mahdi is Bloomberg OPEC Energy Correspondent.

Wealth & Poverty

Wealth & Poverty
Author: Sidney Pollard
Publisher: Oxford University Press, USA
Total Pages: 264
Release: 1990
Genre: Business & Economics
ISBN:

"Nearly every one of the several hundred photographs is memorable, and the collection makes the book a pleasure to browse....A helpful reference supplement as well as interesting reading"--Booklist. Lavishly illustrated and authoritatively written, Wealth and Poverty provides an engaging introduction to the economic history of the twentieth century. The authors carefully weave the century's political and social events together with its economic developments, offering an integrated account of the role economics has played in shaping our times. Special features include chronological timelines of major events at the beginning of every chapter, special feature sections that focus on topics of particular importance, and hundreds of capsule biographies of critical figures in the economic history of our century. And the text offers a truly global perspective, examining such problems as acid rain and third world debt. Wealth and Poverty is an ideal introduction to the economic history of our times.

After Empires

After Empires
Author: Giuliano Garavini
Publisher: OUP Oxford
Total Pages: 302
Release: 2012-10-25
Genre: History
ISBN: 0191634085

After Empires describes how the end of colonial empires and the changes in international politics and economies after decolonization affected the European integration process. Until now, studies on European integration have often focussed on the search for peaceful relations among the European nations, particularly between Germany and France, or examined it as an offspring of the Cold War, moving together with the ups and downs of transatlantic relations. But these two factors alone are not enough to explain the rise of the European Community and its more recent transformation into the European Union. Giuliano Garavini focuses instead on the emergence of the Third World as an international actor, starting from its initial economic cooperation with the creation of the United Nations Conference for Trade and Development (UNCTAD) in 1964 up to the end of unity among the countries of the Global South after the second oil shock in 1979-80. Offering a new - less myopic - way to conceptualise European history more globally, the study is based on a variety of international archives (government archives in Europe, the US, Algeria, Venezuela; international organizations such as the EC, UNCTAD, and the World Bank; political and social organizations such as the Socialist International, labour archives and the papers of oil companies) and traces the reactions and the initiatives of the countries of the European Community, but also of the European political parties and public opinion, to the rise and fall of the Third World on the international stage.

Empires and Anarchies

Empires and Anarchies
Author: Michael Quentin Morton
Publisher: Reaktion Books
Total Pages: 265
Release: 2017-09-15
Genre: History
ISBN: 1780238614

Oil lies at the heart of the modern history of the Middle East. For decades, the world’s largest oil reserves have enriched the region’s nations. But oil wealth has not brought with it universal prosperity. It has, though, transformed the Middle Eastern people and societies—enriching empires and engendering anarchies. Empires and Anarchies is an unconventional history of oil in the Middle East. In Michael Quentin Morton’s account the burnt-out remains of Saddam Hussein’s armaments and the human tragedy of the Arab Spring are as much of the story as the shimmering skylines of oil-rich nations. From the first explorers trudging through the desert to the excesses of the Peacock Throne and the high stakes of OPEC, Morton lays out the history of oil in compelling detail, arguing that oil simultaneously enriched and fractured the Middle East, eroding traditional ways of life, and eventually contributing to the rise of Islamic radicalism. The book is essential reading for anyone interested in the promises and peril of the world’s oil boom.

Oil Shock

Oil Shock
Author: Elisabetta Bini
Publisher: Bloomsbury Publishing
Total Pages: 281
Release: 2016-05-27
Genre: Political Science
ISBN: 0857727559

The 1973 'Oil Shock' is considered a turning point in the history of the twentieth century. At the time it seemed to mark a definitive shift from the era of low priced oil to the era of expensive oil. For most Western industrialized countries, it became the symbolic marker of the end of an era. For many oil producers, it translated into an unprecedented control over their energy resources, and completed the process of decolonization, leading to a profound redefinition of international relations.This book provides an analysis of the crisis and its global political and economic impact. It features contributions from a range of perspectives and approaches, including political, economic, environmental, international and social history. The authors examine the origins of what was defined as an 'oil revolution' by the oil-producing countries, as well as the far-reaching effects of the 'shock' on the Cold War and decolonization, on international energy markets and the global economy. In doing so, they help place the event in its historical context as a key moment in the transformation of the international economy and of North-South relations.

Twilight in the Desert

Twilight in the Desert
Author: Matthew R. Simmons
Publisher: Wiley + ORM
Total Pages: 500
Release: 2011-01-04
Genre: Business & Economics
ISBN: 111804052X

Twilight in the Desert reveals a Saudi oil and production industry that could soon approach a serious, irreversible decline. In this exhaustively researched book, veteran oil industry analyst Matthew Simmons draws on his three-plus decades of insider experience and more than 200 independently produced reports about Saudi petroleum resources and production operations. He uncovers a story about Saudi Arabias troubled oil industry, not to mention its political and societal instability, which differs sharply from the globally accepted Saudi version. Its a story that is provocative and disturbing, based on undeniable facts, but until now never told in its entirety. Twilight in the Desert answers all readers questions about Saudi oil and production industries with keen examination instead of unsubstantiated posturing, and takes its place as one of the most important books of this still-young century.

Crude Nation

Crude Nation
Author: Ral Gallegos
Publisher: U of Nebraska Press
Total Pages: 254
Release: 2016-10-01
Genre: Political Science
ISBN: 1612347703

"Crude Nation tells the story of how ruinous mismanagement has resulted in the economic implosion of Venezuela, the country with the largest oil reserves in the world"--

Carbon Democracy

Carbon Democracy
Author: Timothy Mitchell
Publisher: Verso Books
Total Pages: 289
Release: 2013-06-25
Genre: Political Science
ISBN: 1781681163

“A brilliant, revisionist argument that places oil companies at the heart of 20th century history—and of the political and environmental crises we now face.” —Guardian Oil is a curse, it is often said, that condemns the countries producing it to an existence defined by war, corruption and enormous inequality. Carbon Democracy tells a more complex story, arguing that no nation escapes the political consequences of our collective dependence on oil. It shapes the body politic both in regions such as the Middle East, which rely upon revenues from oil production, and in the places that have the greatest demand for energy. Timothy Mitchell begins with the history of coal power to tell a radical new story about the rise of democracy. Coal was a source of energy so open to disruption that oligarchies in the West became vulnerable for the first time to mass demands for democracy. In the mid-twentieth century, however, the development of cheap and abundant energy from oil, most notably from the Middle East, offered a means to reduce this vulnerability to democratic pressures. The abundance of oil made it possible for the first time in history to reorganize political life around the management of something now called “the economy” and the promise of its infinite growth. The politics of the West became dependent on an undemocratic Middle East. In the twenty-first century, the oil-based forms of modern democratic politics have become unsustainable. Foreign intervention and military rule are faltering in the Middle East, while governments everywhere appear incapable of addressing the crises that threaten to end the age of carbon democracy—the disappearance of cheap energy and the carbon-fuelled collapse of the ecological order. In making the production of energy the central force shaping the democratic age, Carbon Democracy rethinks the history of energy, the politics of nature, the theory of democracy, and the place of the Middle East in our common world.

The Economic Development of Latin America in the Twentieth Century

The Economic Development of Latin America in the Twentieth Century
Author: André A. Hofman
Publisher: Edward Elgar Publishing
Total Pages: 344
Release: 2000
Genre: Business & Economics
ISBN:

Hofman, a researcher with the Chile-based Economic Commission for Latin America and the Caribbean, uses growth accounting methods and previously unavailable long-term series data to assess the economic performance of the region during the century from a comparative and historical perspective. In particular he compares Latin American economies to those of advanced capitalist economies, to newly industrialized economies, and to Spain and Portugal because of the historical ties. He looks at the reasons for the poor or negative growth during the 1980s and the apparent recovery in the 1990s and at such problems as debt, income inequality, high inflation, cyclical instability, and political and policy instability. Annotation copyrighted by Book News, Inc., Portland, OR