Regionalism, Development and the Post-Commodities Boom in South America by Ernesto Vivares

Author:Ernesto Vivares
Language: eng
Format: epub
Publisher: Springer International Publishing, Cham

3The IEA is the cartel of the oil importer countries. As a result of the two oil conflicts, the countries of the IEA implemented a strategic re-service that would enable them to combat price wars driven by the OPEC countries and to face sudden shortages.

4The WB launched its “Energy Strategy” in 1992, focused on private investment, commercial orientation of state-owned companies, and new regulatory frameworks (Arelovich 2012: 18).

5In the project portfolio of IIRSA, there are projects, such as the extension of the oil pipeline in Northern Peru, the gas pipeline in Northeastern Argentina, the gas pipeline of URAPABOL trache 1 and 2, and the gas pipeline Brazilian Aldea (Argentina) – Uruguaiana – Brazil, bordering US$5 billion (IIRSA, n/s).

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