This article deals with the evolution of the international petroleum sector since 1973 with a special view to interdependence between the economic and political factors that influence it. Two issues are focused upon: (1) the effects of the nationalization of oil companies on the sharing of oil...

What is the appropriate economic policy for primary commodity producing developing countries given that industrialized countries are specialized in the production of technological progress? Integrating the concept of product life cycle to the static theory of comparative advantage, Harry Johnson...

The stability of OPEC may be defined as the upholding of a high level of cohesion between the members of this organisation, in order to secure for the whole a certain level of bargaining power that everyone would think to be acceptable at a given time and in a given context. This level of...