Additional information
by Giuliano Garavini (Author)
The Organization of the Petroleum Exporting Countries (OPEC) is one of the most recognizable acronyms among international organizations. It is mainly associated with the 'oil shock' of 1973 when prices of petroleum quadrupled and industrialized countries and consumers were forced to face the
limits of their development model.
early- 1990s. Formed in 1960, OPEC was the first international organization of the Global South. It was perceived as acting as the economic 'spearhead' of the Global South and acquired a role that went far beyond the realm of oil politics. Petrostates such as Venezuela, Nigeria, Algeria, Saudi Arabia, Iraq, and
Iran were (and continue to be) key regional actors, and their enduring cooperation, defying wide political and cultural differences and even wars, speaks to the centrality of natural resources in the history of the twentieth century, and to the underlying conflict between producers and consumers of
these natural resources.
Author Biography
Giuliano Garavini, Professor of International History, Roma Tre University, Rome
Number of Pages: 448
Dimensions: 1.1 x 9.3 x 6.3 IN
Illustrated: Yes
Publication Date: September 04, 2019
