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Oil Is Not a Curse

Oil Is Not a Curse
Author: Pauline Jones Luong
Publisher: Cambridge University Press
Total Pages:
Release: 2010-08-23
Genre: Political Science
ISBN: 1139491156
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This book makes two central claims: first, that mineral-rich states are cursed not by their wealth but, rather, by the ownership structure they choose to manage their mineral wealth and second, that weak institutions are not inevitable in mineral-rich states. Each represents a significant departure from the conventional resource curse literature, which has treated ownership structure as a constant across time and space and has presumed that mineral-rich countries are incapable of either building or sustaining strong institutions - particularly fiscal regimes. The experience of the five petroleum-rich Soviet successor states (Azerbaijan, Kazakhstan, the Russian Federation, Turkmenistan, and Uzbekistan) provides a clear challenge to both of these assumptions. Their respective developmental trajectories since independence demonstrate not only that ownership structure can vary even across countries that share the same institutional legacy but also that this variation helps to explain the divergence in their subsequent fiscal regimes.

The Oil Curse

The Oil Curse
Author: Michael L. Ross
Publisher: Princeton University Press
Total Pages: 314
Release: 2013-09-08
Genre: Political Science
ISBN: 0691159637
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Countries that are rich in petroleum have less democracy, less economic stability, and more frequent civil wars than countries without oil. What explains this oil curse? And can it be fixed? In this groundbreaking analysis, Michael L. Ross looks at how developing nations are shaped by their mineral wealth--and how they can turn oil from a curse into a blessing. Ross traces the oil curse to the upheaval of the 1970s, when oil prices soared and governments across the developing world seized control of their countries' oil industries. Before nationalization, the oil-rich countries looked much like the rest of the world; today, they are 50 percent more likely to be ruled by autocrats--and twice as likely to descend into civil war--than countries without oil. The Oil Curse shows why oil wealth typically creates less economic growth than it should; why it produces jobs for men but not women; and why it creates more problems in poor states than in rich ones. It also warns that the global thirst for petroleum is causing companies to drill in increasingly poor nations, which could further spread the oil curse. This landmark book explains why good geology often leads to bad governance, and how this can be changed.

Oil Is Not a Curse

Oil Is Not a Curse
Author: Pauline Jones Luong
Publisher:
Total Pages: 446
Release: 2010
Genre: Petroleum industry and trade
ISBN: 9781139042130
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This book argues that these outcomes are linked to the ownership structure that petroleum-rich states choose to manage their wealth.

Oil to Cash

Oil to Cash
Author: Todd Moss
Publisher: CGD Books
Total Pages: 190
Release: 2015-06-10
Genre: Business & Economics
ISBN: 1933286695
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Oil to Cash explores one option to help countries with new oil revenue avoid the so-called resource curse: just give the money directly to citizens. A universal, transparent, and regular cash transfer would not only provide a concrete benefit to regular people, but would also create powerful incentives for citizens to hold their government accountable. Oil to Cash details how and where this idea could work and how policymakers can learn from the experiences with cash transfers in places like Mexico, Mongolia, and Alaska.

Curse of the Black Gold

Curse of the Black Gold
Author: Michael Watts
Publisher:
Total Pages: 232
Release: 2008-05-13
Genre: Photography
ISBN:
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Nigeria is the sixth largest producer of oil in the world and one of the major suppliers of oil to the US. Set against a backdrop of what has been called the scramble for African oil, this text documents the consequences of a half-century of oil exploitation and production in one of the world's foremost centres of biodiversity.

Understanding and Avoiding the Oil Curse in Resource-rich Arab

Understanding and Avoiding the Oil Curse in Resource-rich Arab
Author: Ibrahim Elbadawi
Publisher: Cambridge University Press
Total Pages: 497
Release: 2016-07-14
Genre: Business & Economics
ISBN: 1107141729
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A variety of perspectives from leading economists provides fresh insight into how Arab countries may best exploit their oil revenues.

Oil, Dollars, Debt, and Crises

Oil, Dollars, Debt, and Crises
Author: Mahmoud A. El-Gamal
Publisher: Cambridge University Press
Total Pages: 232
Release: 2010
Genre: Business & Economics
ISBN: 0521896142
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This book explains the links between past and present oil crises, financial crises, and geopolitical conflicts.

Blood Oil

Blood Oil
Author: Leif Wenar
Publisher: Oxford University Press
Total Pages: 553
Release: 2016
Genre: Business & Economics
ISBN: 0190262923
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Tyranny, war, corruption, and terrorism follow oil and other natural resources - because of the same law that once allowed the slave trade and genocide, conquest, and apartheid. Political philosopher Leif Wenar shows how the West can lead the world beyond blood oil and conflict minerals to a more united, enlightened future.

Resource Curse and Post-Soviet Eurasia

Resource Curse and Post-Soviet Eurasia
Author: Vladimir Gel'man
Publisher: Lexington Books
Total Pages: 228
Release: 2010-08-06
Genre: Social Science
ISBN: 0739143751
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By the end of the 2000s, the term 'resource curse' had become so widespread that it had turned into a kind of magic keyword, not only in the scholarly language of the social sciences, but also in the discourse of politicians, commentators and analysts all over the world-_like the term 'modernization' in the early 1960s or 'transition' in the early 1990s. In fact, the aggravation of many problems in the global economy and politics, against the background of the rally of oil prices in 2004D2008, became the environment for academic and public debates about the role of natural resources in general, and oil and gas in particular, in the development of various societies. The results of numerous studies do not give a clear answer to questions about the nature and mechanisms of the influence of the oil and gas abundance on the economic, political and social processes in various states and nations. However, the majority of scholars and observers agree that this influence in the most of countries is primarily negative. Resource Curse and Post-Soviet Eurasia: Oil, Gas, and Modernization is an in-depth analysis of the impact of oil and gas abundance on political, economic, and social developments of Russia and other post-Soviet states and nations (such as Kazakhstan and Azerbaijan). The chapters of the book systematically examine various effects of 'resource curse' in different arenas such as state building, regime changes, rule of law, property rights, policy-making, interest representation, and international relations in theoretical, historical, and comparative perspectives. The authors analyze the role of oil and gas dependency in the evolution and subsequent collapse of the Soviet Union, authoritarian drift of post-Soviet countries, building of predatory state and pendulum-like swings of Russia from 'state capture' of 1990s to 'business capture' of 2000s, uneasy relationships between the state and special interest groups, and numerous problems of 'geo-economics' of pipelines in post-Soviet Eurasia.

Covering Oil

Covering Oil
Author: Svetlana Tsalik
Publisher: Lifting the Resource Curse
Total Pages: 160
Release: 2005
Genre: Language Arts & Disciplines
ISBN:
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The Revenue Watch program and the Initiative for Policy Dialogue promote transparency and civic participation in natural resource policymaking. Journalists know how hard it is to report on government management of oil, gas, and other natural resource revenues. Governments and industry are seldom forthcoming. And reporters themselves usually lack the background in economics, engineering, geology, and corporate finance helpful to understanding the energy industry and the effects of resource wealth. This book attempts to redress the balance with practical information in easy to understand language. Chapters include Understanding the Resource Curse, A Primer on Oil, Oil Companies and the International Oil Market, the ABCs of Petroleum Contracts, and the Environmental, Social, and Human Rights Impacts of Oil Development. Tip sheets inform reporters about stories to pursue and questions to ask.