International politics of oil and the clash of dependencies

Abstract


Ago-Iwoye and Antonia T. Simbine*

The term dependency has a direct reference to the Southern developing nations, which through their underdeveloped state, are reliant on the Northern developed nations. However, the international oil politics gives a totally different picture of dependency. This is because Northern developed nations, disadvantaged in both reserves and production, but with a very large appetite for oil, are dependent on the South for he product that is critical to their economics and civilization. There is therefore a clash of the two dependencies; one that is structural and the other that is product. A critical analysis is thus done in this notable clash in contemporary international relations

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