Review: International Economics: Oil Crisis Management

Published date01 December 1981
DOI10.1177/002070208103600415
Date01 December 1981
Subject MatterReview
REVIEWS/INTERNATIONAL
ECONOMICS
921
tract and
property,
along
with the creation
of
new
forms
of
interna-
tional
regulation
and
distribution,
the
International
Law
Association
set
up
a
working
group
in
1978
to
initiate
a
study
of
the
NIEO.
In
March
1979
this
group participated
in
a
seminar organized
by
the
Centre
for
Research on
the
New
International
Economic
Order;
the
papers
and
edited
versions of
individual
remarks
from
this
meeting
form
most
of
this
book.
As
well,
there
is a
carefully
edited
introduc-
tion
providing
a
clear
concise
summary
of the
major
issues,
including
the
legal
character
of
the
NIEO,
transnational
corporations, transfer
of
technology,
the
law
of
the
sea,
international
trade
law,
permanent
sovereignty over
natural
resources,
and
so
forth.
Although
taken
as
a
whole
they
may
seem
somewhat
repetitive,
the
nineteen papers
discuss these
matters
and
others
quite
thoroughly.
Furthermore,
since most
of
them
are
written
from
a
definite
Third
World
perspective,
they
serve
as
a
valuable guide
for
the
First
World
to
the
attitudes
and
approaches
of
their
neighbours.
Whether
or
not
one
agrees
with
the
analysis
of
the developing countries
or with
the
solutions
they
propose,
there
is
no
doubt that
our
common
problems
require
common
solutions
and
that
it
is
essential
to
continue the dia-
logue
in the
search
for
mutually
satisfactory
means
to
achieve
the
ever
elusive
goal
of
justice
and prosperity
for all.
Louise de
LaFayette/Ottawa
OIL
CRISIS
MANAGEMENT
Strategic
stockpiling
for
international
security
Edward
N.
Krapels
Baltimore:
John
Hopkins
University
Press,
198o,
xiv,
173pp,
us$15.00
For
those
who
are concerned
with
the
policies
propounded and
the
statistics
published
on
strategic
stockpiles
designed
to
enable
oil-im-
porting
countries
to
weather
oil
crises
of
various
kinds,
this
book
is
essential
reading,
both
as
a
source
of
information and
for
its
incisive
analysis.
After
a
general
discussion
of
the importance
of
oil for
na-
tional
security
and
an analysis
of
the
1973-4
oil
crisis
from
this
point
of
view,
Mr
Krapels
examines
the problems
of
crisis
management,
not-

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