In This Review

Oil and Politics in Latin America
Oil and Politics in Latin America
By George Philip
Cambridge, 1982, 579 pp

Very long and detailed, but blessedly free of ambiguity and jargon, this clearly written work is indeed professional. The world oil environment is sketched, as are the major expropriations and the characteristics and performances of state oil companies in Mexico, Brazil, Argentina, Bolivia and Venezuela. Increasing state control is foreseen, and also a growing role for private Latin American capital.