IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-05794-8_7.html
   My bibliography  Save this book chapter

1975–78: The Erosion of Real Prices

In: Opec

Author

Listed:
  • Ian Seymour

Abstract

The majority of OPEC Countries, whatever their public posture may have been, were prepared for at least some degree of inflationary erosion of the real price level decided upon in Tehran at the end of 1973. The question was: how far, how fast, and where to draw the line? After the 1974 shakedown of government take, the whole of OPEC had agreed to a price freeze until the end of September 1975. This was as far as most of OPEC was prepared to go as regards the reduction of purchasing power, but Saudi Arabia wanted to see it stretched still further.

Suggested Citation

  • Ian Seymour, 1980. "1975–78: The Erosion of Real Prices," Palgrave Macmillan Books, in: Opec, chapter 0, pages 148-181, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-05794-8_7
    DOI: 10.1007/978-1-349-05794-8_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-05794-8_7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.