Abstract
One of the more unhappy effects of the recent, massive rise in the price of crude oil has been its impact on those developing countries not fortunate enough to be oil exporters themselves. The authors offer a proposal for rechanneling some of the oil revenues to the impacted developing countries.
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The authors teach international economics and finance at the Graduate School of Business Administration, New York University.
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Hawkins, R.G., Walter, I. Oil and the poor countries: A proposal. Intereconomics 9, 310–312 (1974). https://doi.org/10.1007/BF02929228
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DOI: https://doi.org/10.1007/BF02929228