Edith Penrose – författare

This book is a study of the economics of the large international firm, but is at the same time a study of one of the world’s most important industries. International firms face difficult problems in attempting to deal with the conflicts between their own interest as world-wide economic organisations on the one hand, that of the countries in which they operate on the other, and with the conflicts of interest among the countries which are related to the international policies of the firms. The author analyses the underlying problems and points to possible solutions. When it was first published this was the first book by a professional economist to look widely at the economics of the international petroleum industry outside the industrialized countries.

This book is a study of the economics of the large international firm, but is at the same time a study of one of the world’s most important industries. International firms face difficult problems in attempting to deal with the conflicts between their own interest as world-wide economic organisations on the one hand, that of the countries in which they operate on the other, and with the conflicts of interest among the countries which are related to the international policies of the firms. The author analyses the underlying problems and points to possible solutions. When it was first published this was the first book by a professional economist to look widely at the economics of the international petroleum industry outside the industrialized countries.

Oil revenues have made Libya rich since 1961, when oil exports began. This new wealth has affected all sectors of the economy and especially the agricultural sector; there have been considerable movements of population, changes in the use of land, and, possibly most important, there has been a profound change in the expectations of the Libyan people. Agriculture was the major contributor to GDP before oil and even in 1968 it was still the major sector in terms of employment, occupying 32 per cent of the employed population; as such it has always been given prominence in government planning. This study begins by introducing the major economic and geographical features relevant to agricultural development and examines the extension of agricultural activity in the twentieth century, prior to independence in 1951. The later chapters deal with the changes which have taken place since the discovery of oil with respect to land use in all parts of Libya, and deals in detail with agricultural investment and wages.

First published in 1973.

Oil revenues have made Libya rich since 1961, when oil exports began. This new wealth has affected all sectors of the economy and especially the agricultural sector; there have been considerable movements of population, changes in the use of land, and, possibly most important, there has been a profound change in the expectations of the Libyan people. Agriculture was the major contributor to GDP before oil and even in 1968 it was still the major sector in terms of employment, occupying 32 per cent of the employed population; as such it has always been given prominence in government planning. This study begins by introducing the major economic and geographical features relevant to agricultural development and examines the extension of agricultural activity in the twentieth century, prior to independence in 1951. The later chapters deal with the changes which have taken place since the discovery of oil with respect to land use in all parts of Libya, and deals in detail with agricultural investment and wages.

First published in 1973.