Rise and Fall of Opec in the Twentieth Century

The most comprehensive history of the Organization of the Petroleum Exporting Countries (OPEC) and of its members, this study takes the reader from the formation of the first petrostate in the world, Venezuela, in the late 1920s, to the global ascent of petrostates and OPEC during the 1970s, to their crisis in the late-1980s and early- 1990s.

List of contents

• Introduction


• 1: Fifty-Fifty


• 2: OPEC


• 3: Petromodernization


• 4: The Energy Crisis


• 5: The Oil Revolution


• 6: Uneasy Dialogue


• 7: The Failed Cartel


• Epilogue: The Crisis of the Petrostate

About the author

Giuliano Garavini teaches International History at Roma Tre University in Rome. His main research interests include European integration, decolonization, and global struggles over natural resources. He has taught classes at various universities and institutions, including the Graduate Institute in Geneva, the European University Institute in Florence, and NYU Abu Dhabi. He has published on the interconnection between European integration and decolonization (After Empires, 2012), and on the global history of petroleum and of energy, in particular on the origins and significance of the 1973 'oil shock' (Oil Shock: The 1973 Crisis and its Economic Legacy, 2016) and on the 'counter-shock' in 1986 (Counter-Shock: The Oil Counter-Revolution of the 1980s, 2018).

Summary

The most comprehensive history of the Organization of the Petroleum Exporting Countries (OPEC) and of its members, this study takes the reader from the formation of the first petrostate in the world, Venezuela, in the late 1920s, to the global ascent of petrostates and OPEC during the 1970s, to their crisis in the late-1980s and early- 1990s.

Additional text

The meticulous reconstruction that Garavini makes of the events inside the individual petrostats and their intertwining with the strategies of the companies and government policies is commendable and compelling.

Product details

• Authors: Giuliano Garavini, Giuliano (Professor of International His Garavini, Giuliano (Professor of International History Garavini, Giuliano (Senior Research Fellow in the Garavini, Garavini Giuliano
• Publisher: Oxford University Press
• Languages: English
• Product format: Hardback
• Released: 31.07.2019
• EAN: 9780198832836
• ISBN: 978-0-19-883283-6
• No. of pages: 448
• Subjects: Humanities, art, music > History > 20th century (up to 1945); Social sciences, law, business > Business > Individual industrial sectors, branches; History: specific events & topics, BUSINESS & ECONOMICS / Industries / General, 20th century history: c 1900 to c 2000, General & world history, 20th century, c 1900 to c 1999, OPEC, History: specific events and topics, General and world history, History and Archaeology, Petroleum & oil industries, Energy industries and utilities, HISTORY / Modern / 20th Century / General, OPEC (Organization of the Petroleum Exporting Countries)