OPEC has lived through deep internal conflicts thanks to a sound foundation and constructive ethos
What is it about?
OPEC has survived while many international associations have failed or are failing. The secret of its endurance can be traced back to a healthy foundation, and efficient organizational set up and unique internal processes which have made this organization of developing, and often conflicting states a survivor for nearly six decades.
Why is it important?
As an example of a successful multi-national grouping, this article on OPEC can offer lessons in how to organize or re-organize such groupings to ensure their survival in face of political and ideological differences among the member states. It is also of interest to those following developments in the energy sector as the role and fate of OPEC is crucial in the way the sector evolves in the future.
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