opec’s dilemma and the future of oil: navigating the path to net zero

This book is a new stress test in applied econometric analysis of oil producing countries. It includes positive economic analysis using a sample of 11 OPEC countries from 1970 to 2019; and presents an empirical analysis of OPEC’s operating model - the state-owned oil monopoly, hence its dilemma.

Weshah Razzak is Honorary Research Fellow at the School of Economics and Finance, Massey University, Palmerston North, New Zealand.