OPEC as omen.
The four Caspian states that recently discovered significant oil and gas reserves would be well advised to learn from the failures of the members of the Organization of Petroleum Exporting Countries (OPEC). The four former Soviet republics of Azerbaijan, Kazakhstan, Turkmenistan, and Uzbekistan are...
| Publicado en: | Foreign Affairs Vol. 77; no. 6; pp. 95 - 112 |
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| Formato: | Artículo |
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Foreign Affairs
November/December 1998
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=503577690&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 503577690 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00157120 FAF jtl: Foreign Affairs issn: 00157120 maglogo: N pubinfo: dt: November/December 1998 vid: 77 iid: 6 pid: 883 pub: Foreign Affairs artinfo: ui: 503577690 10.2307/20049133 ppf: 95 ppct: 17 formats: fmt: @attributes: type: T tig: atl: OPEC as omen. aug: au: Amuzegar, Jahangir su: Organization of Petroleum Exporting Countries Petroleum Petroleum industry Caspian Sea sug: subj: Caspian Sea Organization of Petroleum Exporting Countries Petroleum Petroleum industry keyword: Caspian Sea region -- Economic policy ab: The four Caspian states that recently discovered significant oil and gas reserves would be well advised to learn from the failures of the members of the Organization of Petroleum Exporting Countries (OPEC). The four former Soviet republics of Azerbaijan, Kazakhstan, Turkmenistan, and Uzbekistan are estimated to be endowed with gas and oil reserves worth between $2.5 trillion and $3 trillion at today's prices. The full extent of these states' subterranean energy resources are still unknown, but their mineral wealth is by all accounts the largest discovery in 30 years. OPEC's rise and subsequent fall from economic prosperity is powerful proof of the dangers of a tempting but temporary energy boom, and although there are significant historical and institutional differences between OPEC and the Caspian states, the newcomers appear to be following a similar route to industrial and financial development. The writer discusses OPEC's failings and how the Caspian states can avoid repeating the mistakes of the past. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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