After thinking more on the topic after our discussion, i would want my part of the research project in this format. I realise that if i limit my self to Iran on OPEC and oil price, the research would be too narrow, besides it would not reflect the topic " Concise History of the MENA Region".
1. The effects of the OPEC formation and OECD strategies; How did it impact the Geo-political and economic development of the North and South in global politics?
a. Did OPEC achieved it goals as a cartel organization or did it drifted as a result of Western influence on some of its members?
b. what effect did OPEC have on economic and political development of both North and South since it inception?
c. Has OPEC outlive its usefulness in determing oil price in the global markets or is still useful.
d. Where OECD strategies effective enough to counter OPEC goals of high oil prices? If effective to what extent, did it achieved it ultimate goal of stopping and decreasing high oil prices in the global market or preventing third world countries nationalism in the oil industry.
e. Did the OECD countires adopt a more peaceful or militarized strategies to counter OPEC goals? If more peaceful startegies were adopted, what would have happen if they have adopted more militarized strategies?
Was OPEC damaging or how did affect America hegemonic power in the region or was the formation of OPEC shock to americn political leaders? If a shock, how do they handle it?
This are the questions, i seek to address in this important group project work of " Concise History of the MENA region. I would use Yergin's Book " The Prize", resources provided in the course and other relevant resources to the project.
Anthony and Andrea, i would appreciate your inputs. Any resources that you think migh be useful in this group project work.
Your corperation is needed
