The Political Economy of Venezuelan Oil

by Laura Randall

Overview

The Political Economy of Venezuelan Oil describes the historic role of multinationals in establishing the oil industry there and the resulting coordination of an integrated, nationalized industry. Randall posits that the nationalization of the Venezuelan oil industry was strikingly different from that in Brazil and Mexico. Besides giving a detailed description of the structure and management of this industry, she also provides a history of labor conditions and an analysis of the impact of the oil industry on Venezuela's overall economy.

Product Details

ISBN-13:	9780275928230
Publisher:	Bloomsbury Academic
Publication date:	11/17/1987
Edition description:	New Edition
Pages:	260
Product dimensions:	6.14(w) x 9.21(h) x 0.62(d)

About the Author

LAURA RANDALL is Professor of Economics at Hunter College.

Table of Contents

Preface and Acknowledgments
Introduction
What the Multinationals Brought Other than Oil
The Road to Nationalization
Nationalizing the Oil Industry
Workers and Managers in the Venezuelan Oil Industry
The Oil Industry and the Development of the Services Sector
Nationalizing Capital Goods Production for the Oil Industry
Planning
Oil and the Rest of the Economy
Conclusion
Bibliography
Index