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South-South — Nothing to Speak of

  • G. Adler-Karlsson
Chapter
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Part of the Studien über Wirtschafts- und Systemvergleiche book series (STUDIEN)

Abstract

The 1973 oil crisis gave rise to a certain optimism for Southern nations about their ability to speed up their development through effective intra-Southern co-operation of the sort demonstrated by OPEC. The oil-producing Southern nations showed that by joint action and a certain withholding of supply they could force the world market price for oil to rise by several hundred per cent.

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Notes

  1. 1).
    An excellent study of this co-operation is to be found in Edith T. Penrose, The Large Inter national Firm in Developing Countries. The International Petroleum Industry. Allen & Unwin, 1968.Google Scholar
  2. 2).
    C. F. Bergsten, “The Threat from the Third World”, Foreign Policy, No. 11, Summer 1973, p. 102.Google Scholar
  3. 3).
    Mahbub ul Haq, “The Third World Crisis.” The Washington Post, April 30, 1972.Google Scholar
  4. 4).
    A. Emmanuel, Unequal Exchange. A Study of Imperialism of Trade. New York and London 1972.Google Scholar
  5. 5).
    M.S. Wionczek, “The Central American Common Market”, in P. Robson, editor, International Economic Integration. Selected Readings. Penguin 1972.Google Scholar
  6. 6).
    See e.g. D. Morawetz, The Andean Group: A Case Study in Economic Integration Among Developing Countries. The MIT Press 1974; A. B. Wardlaw, The Andean Integration Move ment. U.S. Department of State, Publication 87/9, Washington DC, 1973; A. Inotai, The Possibilities and Limits of a Balanced and Harmonious Development in the Andean Integra tion. Institute for World Economics of the Hungarian Academy of Sciences, Budapest 1975.Google Scholar

Copyright information

© Springer-Verlag Wien 1976

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  • G. Adler-Karlsson

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