scholarly journals Chapter 6-International economic cooperation among nations in international business

2021 ◽  
Author(s):  
Dao Duy Tung

Lecture notes, quizzes, a summary content of the book International business: The challenges of globalization

2018 ◽  
Vol 9 (06) ◽  
pp. 20475-20182
Author(s):  
Ige Ayokunle O ◽  
Akingbesote A.O

The Belt and Road initiative is an important attempt by China to sustain its economic growth, by exploring new forms of international economic cooperation with new partners. Even though the B&R project is not the first attempt at international cooperation, it is considered as the best as it is open in nature and does not exclude interested countries. This review raised and answered three questions of how the B&R project will affect Nigeria’s economy?  How will it affect the relationship between Nigeria and China? What could go wrong?, The review concluded that Nigeria can only benefit positively from the project.


Author(s):  
Giuliano Garavini

Chapter 6 describes the failure of international negotiations between petrostates, key oil consumers, and developing countries during the Conference for International Economic Cooperation (also known as the North–South dialogue) held in Paris from 1975 to 1977. The chapter concludes with the “second oil shock” of 1979–80 that coincided with the revolution in Iran and the beginning of war between Iraq and Iran, and ends describing the failure of OPEC’s Long Term Strategy sealed at the OPEC Conference in Bali in December 1980.


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