The Oil Curse: How Petroleum Wealth Shapes the Development of Nations (Paperback)
  • The Oil Curse: How Petroleum Wealth Shapes the Development of Nations (Paperback)
zoom

The Oil Curse: How Petroleum Wealth Shapes the Development of Nations (Paperback)

(author)
£20.00
Paperback 312 Pages / Published: 13/09/2013
  • We can order this from the publisher

Usually dispatched within 10 working days

  • This item has been added to your basket
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.

Publisher: Princeton University Press
ISBN: 9780691159638
Number of pages: 312
Weight: 425 g
Dimensions: 235 x 152 x 20 mm

You may also be interested in...

The Violence of Petro-Dollar Regimes
Added to basket
Worcester Warrior
Added to basket
The Oil Road
Added to basket
£12.99
Paperback
Poisoned Wells
Added to basket
£17.99
Paperback
Blood and Oil
Added to basket
£11.99
Paperback
Wheel of Fortune
Added to basket
Vultures' Picnic
Added to basket
£10.99
Paperback
Ride Like Hell and You'll Get There
Added to basket
The Squeeze
Added to basket
£12.99
Paperback
Crude World: The Violent Twilight of Oil
Added to basket
Crude
Added to basket
£9.99
Paperback
Rigged
Added to basket
£12.99
Paperback
A Swamp Full of Dollars
Added to basket

Please sign in to write a review

Your review has been submitted successfully.