OPEC and the Poorest

June 1979
New Republic;6/16/79, Vol. 180 Issue 24, p5
Focuses on the effect of the price increase of fuel by the Organization of the Petroleum Exporting Countries (OPEC) on the poor countries. Drainage of foreign exchange from the poor countries; Obstacle to the economic growth needed to raise the living standards of the people in the poor countries; Discussion of the poor countries which are divided on the basis of their oil consumption; Increase in the aid of the OPEC nations to the less developed countries.


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