The impact of international military crises on OPEC policies (1991-2011)
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Özet (EN)
The current research uses the theoretical framework of economic realism, which focuses on the thoughts of Robert Gilpin, who believes in the central role of government in international political economy, including in international organizations. Also, using the statistical data extracted from the scientific productions of some international organizations, especially OPEC and oil companies, I tried to estimate the impact of the three military crises of the Second Persian Gulf War, September 11, 2001, and the 2003 Iraq War on the energy economy and as much as possible scientific explanation, following the mentioned crises, the OPEC organization decided to control the oil market, and according to the research's findings, throughout the mentioned military crises, there was a decline in oil production, which led to an increase in its price. Intending to increase the production of this energy carrier, OPEC has devised measures primaryss the market's needs, particularly the primary consumers, including the United States. These measures involve utilizing the surplus capacity of Saudi Arabia to meet the demand. However, following these actions, while diverging from the national interests of member states, especially the most powerful member, Saudi Arabia, has not been in the benefits to other members who seek to sell this energy carrier at a higher price.
Yazar
Basir Ahmad Joya
Kurum
İstanbul Gelişim University
Siyaset Bilimi ve Kamu Yönetimi Bilim Dalı
Bu Yayına Nasıl Atıf Yapılır
Basir Ahmad Joya (Master Thesis). The impact of international military crises on OPEC policies (1991-2011), 2023, İstanbul Gelişim University.
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