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The Oil Curse

2013-09-08 Political Science
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Release : 2013-09-08
Genre : Political Science
Kind : eBook
Book Rating : 637/5 ( reviews)

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Book Synopsis The Oil Curse by : Michael L. Ross

Download or read book The Oil Curse written by Michael L. Ross. This book was released on 2013-09-08. Available in PDF, EPUB and Kindle. Book excerpt: 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 to Cash

2015-06-10 Business & Economics
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Release : 2015-06-10
Genre : Business & Economics
Kind : eBook
Book Rating : 695/5 ( reviews)

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Book Synopsis Oil to Cash by : Todd Moss

Download or read book Oil to Cash written by Todd Moss. This book was released on 2015-06-10. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Understanding and Avoiding the Oil Curse in Resource-rich Arab

2016-07-14 Business & Economics
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Release : 2016-07-14
Genre : Business & Economics
Kind : eBook
Book Rating : 729/5 ( reviews)

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Book Synopsis Understanding and Avoiding the Oil Curse in Resource-rich Arab by : Ibrahim Elbadawi

Download or read book Understanding and Avoiding the Oil Curse in Resource-rich Arab written by Ibrahim Elbadawi. This book was released on 2016-07-14. Available in PDF, EPUB and Kindle. Book excerpt: A variety of perspectives from leading economists provides fresh insight into how Arab countries may best exploit their oil revenues.

Beyond the Resource Curse

2011-12-30 Political Science
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Release : 2011-12-30
Genre : Political Science
Kind : eBook
Book Rating : 177/5 ( reviews)

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Book Synopsis Beyond the Resource Curse by : Brenda Shaffer

Download or read book Beyond the Resource Curse written by Brenda Shaffer. This book was released on 2011-12-30. Available in PDF, EPUB and Kindle. Book excerpt: When countries discover that they possess large deposits of oil and natural gas, the news is usually welcome. Yet, paradoxically, if they rely on their wealth of natural resources, they often set down a path of poor economic performance and governance challenges. Only a few resource-rich countries have managed to develop their economies fully and provide a better and sustainable standard of living for large segments of their populations. This phenomenon, known as the resource curse, is a core challenge for energy-exporting states. Beyond the Resource Curse focuses on this relationship between natural wealth and economic security, discussing the particular pitfalls and consistent perils facing oil- and gas-exporting states. The contributors to this volume look beyond the standard fields of research related to the resource curse. They also shed new light on the specific developmental problems of resource-rich exporting states around the globe, including Azerbaijan, Bahrain, Cambodia, East Timor, Iran, Norway, Russia, Trinidad and Tobago, the United Arab Emirates, and Venezuela. Policy makers and academics think of energy security solely in terms of the interests of energy importers. Beyond the Resource Curse shows that the constant volatility in energy markets creates energy security challenges for exporters as well.

Oil and Development in Ghana

2020-11-09 Business & Economics
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Release : 2020-11-09
Genre : Business & Economics
Kind : eBook
Book Rating : 850/5 ( reviews)

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Book Synopsis Oil and Development in Ghana by : Nathan Andrews

Download or read book Oil and Development in Ghana written by Nathan Andrews. This book was released on 2020-11-09. Available in PDF, EPUB and Kindle. Book excerpt: This book gives a comprehensive overview of Ghana’s hydrocarbon economy using actor network and assemblage theories to contest the methodological nationalism of mainstream accounts of the resource curse in resource-rich countries. Drawing upon recent field research focused on Ghana’s oil and gas sector and utilizing the theoretical framework of actor network theory, the authors contend that there is an assemblage of political, economic, social and environmental networks, processes, actions, actors, and structures of power that coalesce to determine the extent to which the country’s hydrocarbon resources could be regarded as a "curse" or "blessing." This framing facilitates a better understanding of the variety (and duality) of local and global forces and power structures at play in Ghana’s growing hydrocarbon industry. Giving a nuanced and multi-perspectival analysis of the factors that underlie oil-engendered development in Ghana, this book will be of interest to students and scholars of African political economy, development and the politics of resource extraction.

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