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Erschienen in:
1987 | OriginalPaper | Buchkapitel
OPEC — The Making and Breaking of ‘Third World Economic Power’
verfasst von : Kunibert Raffer
Erschienen in: Unequal Exchange and the Evolution of the World System
Verlag: Palgrave Macmillan UK
Enthalten in: Professional Book Archive
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Like any other science, economics and development research have their legends and fairy tales, an especially popular and widespread example being the legend of oil, OPEC and Third World power. Whenever problems of dependency are discussed someone is likely to introduce OPEC as a precedent of reverse dependence: albeit the only example, the argument might run — it shows that industrialised countries too are dependent on the South. Oil shocks and oil crises prove it.