Abstract
The concerns related to the increase cost of petroleum in 1974 and 1975 centered around the enormous transfer of funds needed to pay for petroleum imports by most countries. Although this transfer is successfully taking place in the developed countries, it is taking place with serious long run external financial consequences for the less developed countries. In addition, these countries' continued agricultural development will probably depend on finding new paths to agricultural efficiency that are not as dependent on high-priced fuels.
Recommended Citation
Vellianitis-Fidas, Amalia, "The Demand and Supply of World Petroleum and its Consequences for Agricultural Economic Development" (1976). UMR-MEC Conference on Energy / UMR-DNR Conference on Energy. 120, pp. 146-155.
https://scholarsmine.mst.edu/umr-mec/120
Meeting Name
3rd Annual UMR-MEC Conference on Energy (1976: Oct. 12-14, Rolla, MO)
Document Type
Article - Conference proceedings
Session
International Aspects of the Energy Question
Document Version
Final Version
File Type
text
Language(s)
English
Rights
© 1977 University of Missouri--Rolla, All rights reserved.
Publication Date
12 Oct 1976
