Oil, politics, and economic policy making: Venezuela and the Andean Common Market
Venezuela's entry into the Andean Common Market (ACM) represents a case of systems transformation. Venezuelan membership has led both to major changes in economic provisions of the Common Market, and to significant alterations in political relations among members. Analysis of these changes depe...
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description | Venezuela's entry into the Andean Common Market (ACM) represents a case of systems transformation. Venezuelan membership has led both to major changes in economic provisions of the Common Market, and to significant alterations in political relations among members. Analysis of these changes depends on an understanding of the political debate in Venezuela, which was prolonged, and which led to membership under favorable terms earned through hard negotiations. Any assessment of the ultimate impact of Venezuelan participation in the ACM must remain guarded. As a wealthy and dynamic member, Venezuela could become an important catalyst for integration in the region. But with its superior economic capacity, Venezuela could also come to dominate the integrative effort, accruing most of the benefits to itself and in the process creating disruptions and dissatisfaction among the other members. |
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Venezuelan membership has led both to major changes in economic provisions of the Common Market, and to significant alterations in political relations among members. Analysis of these changes depends on an understanding of the political debate in Venezuela, which was prolonged, and which led to membership under favorable terms earned through hard negotiations. Any assessment of the ultimate impact of Venezuelan participation in the ACM must remain guarded. As a wealthy and dynamic member, Venezuela could become an important catalyst for integration in the region. 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Organ.; (United States)</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Avery, William P.</au><aucorp>Univ. of Nebraska, Lincoln</aucorp><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Oil, politics, and economic policy making: Venezuela and the Andean Common Market</atitle><jtitle>Int. Organ.; (United States)</jtitle><addtitle>Int Org</addtitle><date>1976-01-01</date><risdate>1976</risdate><volume>30</volume><issue>4</issue><spage>541</spage><epage>571</epage><pages>541-571</pages><issn>0020-8183</issn><eissn>1531-5088</eissn><abstract>Venezuela's entry into the Andean Common Market (ACM) represents a case of systems transformation. Venezuelan membership has led both to major changes in economic provisions of the Common Market, and to significant alterations in political relations among members. Analysis of these changes depends on an understanding of the political debate in Venezuela, which was prolonged, and which led to membership under favorable terms earned through hard negotiations. Any assessment of the ultimate impact of Venezuelan participation in the ACM must remain guarded. As a wealthy and dynamic member, Venezuela could become an important catalyst for integration in the region. But with its superior economic capacity, Venezuela could also come to dominate the integrative effort, accruing most of the benefits to itself and in the process creating disruptions and dissatisfaction among the other members.</abstract><cop>New York, USA</cop><pub>Cambridge University Press</pub><doi>10.1017/S0020818300018440</doi><tpages>31</tpages></addata></record> |
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source | Periodicals Index Online; Jstor Complete Legacy; Cambridge University Press Journals Complete |
subjects | 02 PETROLEUM 021000 - Petroleum- Legislation & Regulations 290200 - Energy Planning & Policy- Economics & Sociology 293000 - Energy Planning & Policy- Policy, Legislation, & Regulation 294002 - Energy Planning & Policy- Petroleum Andean Common Market ARGENTINA BOLIVIA BRAZIL Calderas Capital investments CHILE COLOMBIA Common markets Economic benefits ECONOMIC POLICY ECUADOR ENERGY PLANNING, POLICY AND ECONOMY ENERGY POLICY ENERGY SOURCES Foreign investments FOSSIL FUELS FUELS GOVERNMENT POLICIES Industrial market inter-American institutions International agreements International economic blocs LATIN AMERICA MARKET MEXICO NORTH AMERICA Organization of American States and other inter-American institutions PERU PETROLEUM Political integration Private sector SOUTH AMERICA Tariffs Taxation VENEZUELA |
title | Oil, politics, and economic policy making: Venezuela and the Andean Common Market |
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