In the middle of the current decade, a new group of nations with great economic influence has emerged on the world stage: the Organization of the Petroleum Exporting Countries (OPEC). The relationship between the OPEC nations and the industrial countries during the year and a half that followed the rise in oil prices has reflected a general "winners and losers" approach. Furthermore, the OPEC countries became providers of assistance in 1974, rivaling and, in some cases, surpassing the advanced countries, as well as far surpassing in all respects the assistance provided by the communist countries. OPEC's initial policies of rigorous confrontation have tended to elicit a similar response from the United States, which has also sought to unite the Organization for Economic Cooperation and Development (OECD) in support of a common response.
Keywords:
OPEC, Oil Price, United States, OECD, Economic Aid
Author Biography
James P. Grant
Presidente de Overseas Development Council. Autor de numerosos trabajos sobre problemas del desarrollo y del orden económico internacional, los últimos de los cuáles han aparecido en Foreign Policy y Foreign Affairs.
Grant, J. P. (1975). Las naciones de la OPEP : ¿asociados o competidores?". Estudios Internacionales, 8(30), p. 100–118. https://doi.org/10.5354/0719-3769.1975.17341
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