Contents Tables xi Acknowledgments xiii Introduction xv 1. The Evolution of Iraq's Oil Industry 1 Oil Concessions in Iraq and the Agreement of 195 The Growth of Output and Revenue 2 Oil Output 3 The Pricing of Iraq C Price Developments, 1950-1960 6 Nationalization and Oil Price Developments in the OPECEra 8 The 1973 Oil Price Revolution 10 The Emergence of Iraq's National Oil Industry 12 Notes 13 2. Oil and Development under the Monarchy, 1950-1958 17 The Development Board and Its Programs, 1950-1958 17 Planned versus Actual Development Spending, 1951/52-1957/58 19 Highlights of Allocations for Development, 1950-1958 21 The Development Board and the Agricultural Sector 24 The Development Board and the Industrial Sector 29 Notes 33 4 2
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