Oil, Debt and Development: OPEC in the Third World; OPEC: Instrument of Change

In This Review

Oil, Debt and Development: OPEC in the Third World

By Paul Hallwood and Stuart Sinclair
Allen & Unwin, 1981
206 pp. $29.95
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OPEC: Instrument of Change

By Ian Seymour
St. Martin's, 1981
306 pp. $25.00
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Hallwood and Sinclair carefully examine the impact of OPEC on the non-oil-producing countries in the Third World. The effects, while serious, are found to be "by no means . . . disastrous." Mr. Seymour's history is sponsored by OPEC.