Franklin

The Oil Curse : How Petroleum Wealth Shapes the Development of Nations / Michael L. Ross.

Author/Creator:
Ross, Michael L. author.
Publication:
Princeton, NJ : Princeton University Press, [2012]
Format/Description:
Book
1 online resource : 46 line illus. 31 tables.
Subjects:
Civil war -- Developing countries.
Natural resources -- Developing countries.
Petroleum industry and trade -- Government policy -- Developing countries.
Petroleum products -- Prices.
Revenue -- Developing countries.
Women -- Developing countries -- Social conditions.
Language:
In English.
System Details:
Mode of access: Internet via World Wide Web.
text file PDF
Summary:
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.
Contents:
Frontmatter
Contents
List of Illustrations
List of Tables
Preface
Abbreviations
Country Abbreviations
Chapter One. The Paradoxical Wealth of Nations
Chapter Two. The Trouble with Oil Revenues
Chapter Three. More Petroleum, Less Democracy Chapter Four Petroleum Perpetuates Patriarchy
Chapter Four. Petroleum Perpetuates Patriarchy
Chapter Five. Oil-Based Violence
Chapter Six. Oil, Economic Growth, and Political Institutions
Chapter Seven. Good News and Bad News about Oil
References
Index
Notes:
Description based on online resource; title from PDF title page (publisher's Web site, viewed 23. Mai 2019)
Contributor:
De Gruyter.
Contained In:
De Gruyter University Press Library.
ISBN:
9781400841929
OCLC:
769343164
Publisher Number:
10.1515/9781400841929 doi
Access Restriction:
Restricted for use by site license.
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