Oil-producing countries in the world economy

Focusing on the economic, political, and social evolution of Indonesia, Iran, and Saudi Arabia from the mid-20th century to the early 21st century, the author utilizes statistical data to analyze the impact of oil production on these nations' roles in the global economy. The study employs neoclassical and endogenous growth models, particularly a world growth model by Prof. György Simon Sr., which incorporates physical and human capital alongside temporal factors to assess total factor efficiency against global benchmarks.