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Essay (General) # 26729 :: Critical Analysis and Assessment of OPEC Effectiveness: 1973-1999
This paper discusses the political dynamics of OPEC in order to establish its effectiveness.
Written in 2002; 8,321 words; 25 sources; MLA; $ 177.95
Paper Summary:
The paper carefully examines the dynamics of OPEC including identification and assessment of the factors that influenced the determination of the (1) political dynamics of the organization, (2) the economic dynamics of OPEC, (3) the international role of the organization and (4) structural changes in OPEC.
From the Paper:
"Gilpin stated that control through the distribution of power has, throughout history, been characterized by: (1) hegemony or imperialism, in which a single powerful state "dominates the lesser states in the system"; (2) bipolarity, in which "two powerful states control ? interactions within and between their respective spheres of influence"; and "a balance of power in which three or more states control one another's actions through diplomatic maneuver, shifting alliances, and open conflict." Keohane, however, tended to discount the dominant capacity and willingness to exercise such capacity accorded to power states in Gilpin's assessment of international control. In this context, Keohane stated that claims "for the general validity of the theory of hegemonic stability are often exaggerated. The dominance of a single great power may contribute to order in world politics, in particular circumstances, but it is not a sufficient condition ?." Keohane added that hegemony "and cooperation are not alternatives; on the contrary, they are often found in symbiotic relationships with one another." Gilpin recognized a greater power for the hegemonic state."

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