The way in which international trade in crude oil is conducted has changed drastically since the beginning of 1979. Who has access to crude oil in producing countries, in what quantity, at what prices, and for how long is in question. Jochen Mohnfeld analyses, recent trends and future...

The aim of the concept of inclusive growth is to derive political recommendations on the basis of selected indicators so that a maximum number of socio-economic groups may benefit from the economic progress of a country. On the one hand, this initiative continues the long-running debate on...

The author discusses the short-term and long-term aspects of the present energy crisis. He describes the various scenarios for the immediate future and the long run that could be given place by the emerging hold of OPEC over the oil consuming countries.

One of the more unhappy effects of the recent, massive rise in the price of crude oil has been its impact on those developing countries not fortunate enough to be oil exporters themselves. The authors offer a proposal for rechanneling some of the oil revenues to the impacted developing countries.