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Books > Business & Economics > Economics > Political economy
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OPEC Behaviour and World Oil Prices (Hardcover)
Loot Price: R3,986
Discovery Miles 39 860
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OPEC Behaviour and World Oil Prices (Hardcover)
Series: Routledge Library Editions: The Economics and Politics of Oil and Gas
Expected to ship within 12 - 17 working days
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Donate to Against Period Poverty
Total price: R4,006
Discovery Miles: 40 060
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This volume, originally published in 1982, brings together
economists, political scientists and industry experts to explain
OPEC's past achievements and future (in the early 1980s) prospects.
The book opens with a clear, concise amd easy to follow treatment
of the economics of exhaustible resources under monopoly and
competition, the framework frequently used to examine pricing
issues. The role of wealth maximisation, wealth satisficing and
political factors as OPEC objectives are discussed and implications
for world oil prices assessed. The stability of OPEC and the
limitations of its pricing policy are examined and OPEC oil pricing
and importers' policies analysed.
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