The oil curse : how petroleum wealth shapes the development of nations / Michael L. Ross.

Format:

Book

Author/Creator:

Ross, Michael L., author.

Language:

English

Subjects (All):

Civil war--Developing countries.

Civil war.

Natural resources--Developing countries.

Natural resources.

Women--Developing countries--Social conditions.

Women.

Petroleum products--Prices.

Petroleum products.

Revenue--Developing countries.

Revenue.

Petroleum industry and trade--Government policy--Developing countries.

Petroleum industry and trade.

Developing countries--Economic policy.

Developing countries.

Physical Description:

1 online resource (312 p.)

Place of Publication:

Princeton, NJ : Princeton University Press, [2012]

Language Note:

English

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 upon print version of record.

Includes bibliographical references (p. [255]-279) and index.

Description based on online resource; title from PDF title page (publisher's Web site, viewed 23. Mai 2019)

ISBN:

9786613379641

9781283379649

1283379643

9781400841929

1400841925

OCLC:

769343164