The community of oil exporting countries; a study in government cooperation / [by] Zubayr Mikdashi.

By: Material type: TextTextPublication details: Ithaca, N.Y. : Cornell University Press, 1972.Description: 239 pages : illustrations ; 23 cmISBN:
  • 0801406900
Subject(s): DDC classification:
  • 338.2/7/2820611
LOC classification:
  • HD 9560.5 .M54 1972
Online resources:
Partial contents:
1 The problem and its setting -- A. Purpose and approach - B. The genesis of OPEC: Early attempts at co-operation -- 2 The protagonists, and the oligopoly model - A. Control by the few of supplies and markets - B. Vertical integration and posted prices - C. The concession system and governmental control - D. The undermining of the oil oligopoly and vertical integration - E. The dilemma of OPEC - F. OPEC and its environment -- 3 Co-operation among oil exporting countries - A. Measuring compatibility - B. The OPEC group -- 4 Institutional aspects of OPEC and OAPEC - A. OPEC and its Secretariat - B. OAPEC's organizational structure - C. OAPEC and the European communities -- 5 The joint regulation of production - A. Aims of production programming - B. Production programming and market realities - C. Industry's co-operation - D. Disparities among OPEC countries: A 'rational' versus a 'workable' formula - E. A historical precedent -- 6 Bargaining for economic benefits: Government revenues - A. Company profitability - B. Payment of royalty - C. Raising posted prices and tax rates -- 7 Bargaining for economic benefits: Terms of trade - A. The significance of terms of trade - B. OPEC and industry measures of terms of trade - C. The concepts and the tools - D. Statistical limitations and measurement - E. Inferences -- 8 The future of co-operative effort - A. The achievements - B. The opportunities - C. Expected structural changes
Summary: "The purpose of this study is to examine the political and economic conditions which have affected co-operation among a group of developing countries concerned with promoting their interests in the export of a single commodity, petroleum... This study suggests that OPEC is an original type of international organization... This study attempts to prove that OPEC, like a cartel, has endeavored to control production and prices... The OPEC institution has encountered serious problems in formulating and administering production and price controls. This failure is not de to negligence but to some basic difficulties which this study will define and analyse." - From Chapter 1, "The problem and its setting"
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Holdings
Item type Current library Collection Call number Status Date due Barcode
BOOKS BOOKS Niebyl-Proctor Marxist Library General Stacks The Karl H. Niebyl Collection HD 9560.5 .M54 1972 (Browse shelf(Opens below)) Not For Loan NPML20060040

Contains index.

Contains bibliographical references (pages 223-233).

1 The problem and its setting -- A. Purpose and approach - B. The genesis of OPEC: Early attempts at co-operation -- 2 The protagonists, and the oligopoly model - A. Control by the few of supplies and markets - B. Vertical integration and posted prices - C. The concession system and governmental control - D. The undermining of the oil oligopoly and vertical integration - E. The dilemma of OPEC - F. OPEC and its environment -- 3 Co-operation among oil exporting countries - A. Measuring compatibility - B. The OPEC group -- 4 Institutional aspects of OPEC and OAPEC - A. OPEC and its Secretariat - B. OAPEC's organizational structure - C. OAPEC and the European communities -- 5 The joint regulation of production - A. Aims of production programming - B. Production programming and market realities - C. Industry's co-operation - D. Disparities among OPEC countries: A 'rational' versus a 'workable' formula - E. A historical precedent -- 6 Bargaining for economic benefits: Government revenues - A. Company profitability - B. Payment of royalty - C. Raising posted prices and tax rates -- 7 Bargaining for economic benefits: Terms of trade - A. The significance of terms of trade - B. OPEC and industry measures of terms of trade - C. The concepts and the tools - D. Statistical limitations and measurement - E. Inferences -- 8 The future of co-operative effort - A. The achievements - B. The opportunities - C. Expected structural changes

"The purpose of this study is to examine the political and economic conditions which have affected co-operation among a group of developing countries concerned with promoting their interests in the export of a single commodity, petroleum... This study suggests that OPEC is an original type of international organization... This study attempts to prove that OPEC, like a cartel, has endeavored to control production and prices... The OPEC institution has encountered serious problems in formulating and administering production and price controls. This failure is not de to negligence but to some basic difficulties which this study will define and analyse." - From Chapter 1, "The problem and its setting"

From the library of Karl and Elizabeth Niebyl.

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