Industrialisation and trade policies of OPEC countries

by Mohammad Gholi Yousefi

The Book is Written by an Iranian Scholar Presently working as associate Professor of Allamea Tabatabai University.In this book the author presents a vivid picture of growth and structural changes of OPEC economies emphasizing particularly on the Impact of oil sector in creation of consumer oriented socities.The book highlights the main factors and important determinants of industrial output,imports and exports in oil producing countries. and tries to explain the main causes of import dependence and export concentration in these countries. It shows how an economy suddenly flooded with foreign exchange and resources without well developed institutions and lack of suitable climate could make several mistakes and fail to direct these resources in appropriate direction.It also shows how concentration of wealth in the hands of fewer people and deprivation of large proportion of population create instability and limit the size of domestic markets,creating backwardness of all kinds.His Ideas