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Oil prices and the developing countries- the evidence of the last decade

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  • Chichilnisky, Graciela

Abstract

Many of the present difficulties of the world economy have been blamed on the two oil-price explosions of the 1970s. Professor Chichilnisky shows that, at least in the case of the oil-importing developing countries, the negative effects have been overestimated. In fact, in some respects the oil exporters among the developing countries fared worse than the oil importers.

Suggested Citation

  • Chichilnisky, Graciela, 1985. "Oil prices and the developing countries- the evidence of the last decade," MPRA Paper 8091, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:8091
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    File URL: https://mpra.ub.uni-muenchen.de/8091/1/MPRA_paper_8091.pdf
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    Keywords

    oil; exports; developing countries; growth; north-south; trade; exportation; OPEC; investment; productivity; agriculture; debt;
    All these keywords.

    JEL classification:

    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices

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