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

Graciela Chichilnisky

MPRA Paper from University Library of Munich, Germany

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.

Keywords: oil; exports; developing countries; growth; north-south; trade; exportation; OPEC; investment; productivity; agriculture; debt (search for similar items in EconPapers)
JEL-codes: Q32 Q41 (search for similar items in EconPapers)
Date: 1985
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Published in Intereconomics no. 6.20(1985): pp. 288-296

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:8091

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