Oil Wealth and the Poverty of Politics

Oil Wealth and the Poverty of Politics PDF

Author: Miriam R. Lowi

Publisher: Cambridge University Press

Published: 2009-11-12

Total Pages: 251

ISBN-13: 0521113180

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This book explains why Algeria's post-colonial domestic political economy unravelled, and how the regime eventually managed to regain power and hegemony.

Oil Wealth and the Poverty of Politics

Oil Wealth and the Poverty of Politics PDF

Author: Miriam R. Lowi

Publisher: Cambridge University Press

Published: 2009-11-12

Total Pages: 252

ISBN-13: 9780521113182

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How can we make sense of Algeria's post-colonial experience - the tragedy of unfulfilled expectations, the descent into violence, the resurgence of the state? Oil Wealth and the Poverty of Politics explains why Algeria's domestic political economy unravelled from the mid-1980s, and how the regime eventually managed to regain power and hegemony. Miriam Lowi argues the importance of leadership decisions for political outcomes, and extends the argument to explain the variation in stability in oil-exporting states following economic shocks. Comparing Algeria with Iran, Iraq, Indonesia and Saudi Arabia, she asks why some states break down and undergo regime change, while others remain stable, or manage to re-stabilise after a period of instability. In contrast with exclusively structuralist accounts of the rentier state, this book demonstrates, in a fascinating and accessible study, that political stability is a function of the way in which structure and agency combine.

Oil

Oil PDF

Author: Toby Shelley

Publisher: Zed Books

Published: 2005-04

Total Pages: 246

ISBN-13: 9781842775219

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Provides information for understanding the shifting structure of the global oil and gas economy: where the reserves lie, who produces what, trade patterns, consumption trends and prices. Highlights political and social issues in the global energy sector: the domestic inequality, civil conflict and widespread poverty that dependence on oil exports inflicts on developing countries and the strategies of wealthy countries (especially the United States) to control oil-rich regions. [back cover].

The Oil Curse

The Oil Curse PDF

Author: Michael L. Ross

Publisher: Princeton University Press

Published: 2013-09-08

Total Pages: 314

ISBN-13: 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.

Wealth, Poverty and Politics

Wealth, Poverty and Politics PDF

Author: Thomas Sowell

Publisher: Basic Books

Published: 2016-09-06

Total Pages: 576

ISBN-13: 0465096778

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In Wealth, Poverty, and Politics, Thomas Sowell, one of the foremost conservative public intellectuals in this country, argues that political and ideological struggles have led to dangerous confusion about income inequality in America. Pundits and politically motivated economists trumpet ambiguous statistics and sensational theories while ignoring the true determinant of income inequality: the production of wealth. We cannot properly understand inequality if we focus exclusively on the distribution of wealth and ignore wealth production factors such as geography, demography, and culture. Sowell contends that liberals have a particular interest in misreading the data and chastises them for using income inequality as an argument for the welfare state. Refuting Thomas Piketty, Paul Krugman, and others on the left, Sowell draws on accurate empirical data to show that the inequality is not nearly as extreme or sensational as we have been led to believe. Transcending partisanship through a careful examination of data, Wealth, Poverty, and Politics reveals the truth about the most explosive political issue of our time.

Oil Wealth and the Poverty of Politics

Oil Wealth and the Poverty of Politics PDF

Author: Miriam R. Lowi

Publisher: Cambridge University Press

Published: 2009-11-12

Total Pages: 251

ISBN-13: 1139481754

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How can we make sense of Algeria's post-colonial experience - the tragedy of unfulfilled expectations, the descent into violence, the resurgence of the state? Oil Wealth and the Poverty of Politics explains why Algeria's domestic political economy unravelled from the mid-1980s, and how the regime eventually managed to regain power and hegemony. Miriam Lowi argues the importance of leadership decisions for political outcomes, and extends the argument to explain the variation in stability in oil-exporting states following economic shocks. Comparing Algeria with Iran, Iraq, Indonesia and Saudi Arabia, she asks why some states break down and undergo regime change, while others remain stable, or manage to re-stabilise after a period of instability. In contrast with exclusively structuralist accounts of the rentier state, this book demonstrates, in a fascinating and accessible study, that political stability is a function of the way in which structure and agency combine.

Refining the Common Good

Refining the Common Good PDF

Author: Miriam R. Lowi

Publisher: Cambridge University Press

Published: 2024-07-31

Total Pages: 0

ISBN-13: 9781009463317

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How has Islam as a set of beliefs and practices shaped the allocation of oil revenues in Arab Gulf monarchies? In turn, how has oil wealth impacted the role of Islamic doctrine in politics? Refining the Common Good explores the relationship between Islamic norms and the circulation of oil wealth in Gulf monarchies. The study demonstrates how both oil (revenues) and Islam (as doctrine) are manipulated as tools of state power, and how religious norms are refined for the sake of achieving narrow secular interests. Miriam R. Lowi examines different institutionalized practices financed by hydrocarbon revenues and sanctioned, either implicitly or explicitly, by Islam, and uses evidence from Kuwait, Qatar, Oman and Saudi Arabia to show how these practices are infused with political purpose. The dynamic relationship between oil wealth and Islamic doctrine is exploited to contribute to the management and control of society, and the consolidation of dynastic autocracy.

Oil

Oil PDF

Author: Toby Shelley

Publisher:

Published: 2005

Total Pages: 220

ISBN-13: 9788182910119

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The book highlights political and social issues in the global energy sector the domestic inequality, civil conflict and widespread poverty that dependence on oil exports inflicts on developing countries and the strategies of wealthy countries (especially the United States) to control oil-rich regions. Here is a book that addresses what is perhaps the most pervasive and destabilizing of the issues facing humanity.

The Rise and Fall of the Oil Nation Venezuela

The Rise and Fall of the Oil Nation Venezuela PDF

Author: Carlos A. Rossi

Publisher: Springer Nature

Published: 2023-12-28

Total Pages: 574

ISBN-13: 3031346602

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This book explains why Venezuela is so rich in natural resources—it has been producing oil since 1922 and harbors the largest oil reserves in the world—and yet it is also a failed nation of class-divided citizens exhibiting deep poverty in a corrupt, incompetent state. Venezuela is a bipolar nation, where two marked poles in the society exist which have historical origins and are mutually exclusive. The book provides a critical analysis of Venezuela's history, economy and politics and explains the context and implications of the bipolar poles, known as the elite pole and the resentful pole. Both, it shows, have done serious harm to Venezuela’s prosperity. The author describes the vicious circle of oil wealth, corruption, inefficiency and world market dependency and gives recommendations for a better future.

Untapped

Untapped PDF

Author: John Hossein Ghazvinian

Publisher: Houghton Mifflin Harcourt

Published: 2007

Total Pages: 385

ISBN-13: 0151011389

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To find out how the new oil boom is affecting Africa, Ghazvinian traveled the country for a firsthand look. The result is a high-octane narrative that reveals the challenges, obstacles, reasons for despair, and reasons for hope emerging from the worlds newest energy hot spot.