The OPEC Fund for International Development

The Formative Years

By Ibrahim F. I. Shihata

© 2011 – Routledge

300 pages

Purchasing Options:
Paperback: 9781138865631
pub: 2015-04-07
US Dollars$49.95
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Hardback: 9780415592703
pub: 2010-11-26
US Dollars$125.00
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About the Book

The OPEC countries’ collective policy is to offer external development assistance free from political or commercial ties, with the purpose of expressing the solidarity of one group of developing countries with the rest. Since 1976, this policy has found vigorous practical expression in the operations and activities of the OPEC fund.

First published in 1983, this book describes the Fund’s organisational evolution into a fully-fledged international body, detailing the fund’s achievements in providing loans and grants to over 80 countries with operations based on principles that have influenced the whole development movement. Concrete examples are outlined, such as where the fund has acted as a catalyst for development, or a spokesman for a group of countries in international negotiations.

Table of Contents

1. The Establishment and Evolution of the OPEC Fund 2. The OPEC Fund’s Experience (mid-1976 to mid-1983): Its Approaches and Procedures, the Magnitude of its Assistance, and its impact on Development 3. Agriculture and Energy in the OPEC Fund’s Activities – A Sectoral Perspective 4. The OPEC Fund and Africa – A Geographical Perspective 5. The OPEC Fund and the Least Developed Countries: an Orientation Towards the Poor 6. Innovative Forms of Co-operation: The OPEC Fund’s Approach 7. The OPEC Fund and the North-South Dialogue – Some Personal Reflections

About the Series

Routledge Library Editions: Development

Routledge Library Editions: Development will re-issue works which address economic, political and social aspects of development. Published over more than four decades these books trace the emergence of development as one of the most important contemporary issues and one of the key areas of study for modern social science.

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Subject Categories

BISAC Subject Codes/Headings:
BUS068000
BUSINESS & ECONOMICS / Development / Economic Development