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Managing the Oil Wealth

Managing the Oil Wealth PDF Author: Jahangir Amuzegar
Publisher: I.B. Tauris
ISBN:
Category : Business & Economics
Languages : en
Pages : 284

Book Description
Charting OPEC's rise, decline and virtual disappearance as a commercial force in the world, this text strives to unravel the puzzle of why so many countries all followed the same path to economic development and with such wretched consequences.

Managing the Oil Wealth

Managing the Oil Wealth PDF Author: Jahangir Amuzegar
Publisher: I.B. Tauris
ISBN:
Category : Business & Economics
Languages : en
Pages : 284

Book Description
Charting OPEC's rise, decline and virtual disappearance as a commercial force in the world, this text strives to unravel the puzzle of why so many countries all followed the same path to economic development and with such wretched consequences.

Oil Wealth and Development in Uganda and Beyond

Oil Wealth and Development in Uganda and Beyond PDF Author: Arnim Langer
Publisher: Leuven University Press
ISBN: 9462702004
Category : Social Science
Languages : en
Pages : 396

Book Description
Multidisciplinary perspectives to governance of oil in African countries Large quantities of oil were discovered in the Albertine Rift Valley in Western Uganda in 2006. The sound management of these oil resources and revenues is undoubtedly one of the key public policy challenges for Uganda as it is for other African countries with large oil and/or gas endowments. With oil expected to start flowing in 2021, the current book analyses how this East African country is preparing for the challenge of effectively, efficiently, and transparently managing its oil sector and resources. Adopting a multidisciplinary, comprehensive, and comparative approach, the book identifies a broad scope of issues that need to be addressed in order for Uganda to realise the full potential of its oil wealth for national economic transformation. Predominantly grounded in local scholarship and including chapters drawing on the experiences of Nigeria, Ghana, and Kenya, the book blazes a trail on governance of African oil in an era of emerging producers. Oil Wealth and Development in Uganda and Beyond will be of great interest to social scientists and economic and social policy makers in oil-producing countries. It is suitable for course adoption across such disciplines as International/Global Affairs, Political Economy, Geography, Environmental Studies, Economics, Energy Studies, Development, Politics, Peace, Security and African Studies. Contributors: Badru Bukenya (Makerere University), Moses Isabirye (Busitema University), Wilson Bahati Kazi (Uganda Revenue Authority), Corti Paul Lakuma (Economic Policy Research Centre), Joseph Mawejje (Economic Policy Research Centre), Pamela Mbabazi (Uganda National Planning Authority), Martin Muhangi (independent researcher), Roberts Muriisa (Mbarara University of Science and Technology), Chris Byaruhanga Musiime (independent researcher), Germano Mwabu (University of Nairobi), Jackson A. Mwakali (Makerere University), Tom Owang (Mbarara University of Science and Technology), Joseph Oloka-Onyango (Makerere University), Peter Quartey (University of Ghana), Peter Wandera (Transparency International Uganda), Kathleen Brophy (Transparency International Uganda), Jaqueline Nakaiza (independent researcher), Babra Beyeza (independent researcher), Jackson Byaruhanga (Bank of Uganda), Emmanuel Abbey (University of Ghana).

Oil to Cash

Oil to Cash PDF Author: Todd Moss
Publisher: CGD Books
ISBN: 1933286695
Category : Business & Economics
Languages : en
Pages : 190

Book Description
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.

The Oil Curse

The Oil Curse PDF Author: Michael L. Ross
Publisher: Princeton University Press
ISBN: 0691159637
Category : Political Science
Languages : en
Pages : 314

Book Description
Explaining—and solving—the oil curse in the developing world 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.

Managing Oil Wealth

Managing Oil Wealth PDF Author: Mr.Eric Le Borgne
Publisher: International Monetary Fund
ISBN: 1589063082
Category : Business & Economics
Languages : en
Pages : 52

Book Description
Oil and gas production in Azerbaijan were projected to increase sharply in 2005 and 2006, respectively, reaching peaks of 1.3 million barrels a day in 2009 and 20 billion cubic meters a year in 2010. Although expected revenues over the next 20 years will be substantial, they are projected to return to 2004 levels by 2024. Managing this temporary windfall in a way that allows for economic diversification and increased living standards is the subject of this book, which provides extensive guidance based largely on lessons drawn from the experiences--mostly negative--of other countries.

Understanding and Avoiding the Oil Curse in Resource-rich Arab

Understanding and Avoiding the Oil Curse in Resource-rich Arab PDF Author: Ibrahim Elbadawi
Publisher: Cambridge University Press
ISBN: 1107141729
Category : Business & Economics
Languages : en
Pages : 497

Book Description
A variety of perspectives from leading economists provides fresh insight into how Arab countries may best exploit their oil revenues.

Petro-Aggression

Petro-Aggression PDF Author: Jeff D. Colgan
Publisher: Cambridge University Press
ISBN: 1107311292
Category : Political Science
Languages : en
Pages : 327

Book Description
Oil is the world's single most important commodity and its political effects are pervasive. Jeff D. Colgan extends the idea of the resource curse into the realm of international relations, exploring how countries form their foreign policy preferences and intentions. Why are some but not all oil-exporting 'petrostates' aggressive? To answer this question, a theory of aggressive foreign policy preferences is developed and then tested, using both quantitative and qualitative methods. Petro-Aggression shows that oil creates incentives that increase a petrostate's aggression, but also incentives for the opposite. The net effect depends critically on its domestic politics, especially the preferences of its leader. Revolutionary leaders are especially significant. Using case studies including Iraq, Iran, Libya, Saudi Arabia and Venezuela, this book offers new insight into why oil politics has a central role in global peace and conflict.

Oil Money

Oil Money PDF Author: David M. Wight
Publisher: Cornell University Press
ISBN: 1501715747
Category : Political Science
Languages : en
Pages : 360

Book Description
In Oil Money, David M. Wight offers a new framework for understanding the course of Middle East–US relations during the 1970s and 1980s: the transformation of the US global empire by Middle East petrodollars. During these two decades, American, Arab, and Iranian elites reconstituted the primary role of the Middle East within the global system of US power from a supplier of cheap crude oil to a source of abundant petrodollars, the revenues earned from the export of oil. In the 1970s, the United States and allied monarchies, including the House of Pahlavi in Iran and the House of Saud in Saudi Arabia, utilized petrodollars to undertake myriad joint initiatives for mutual economic and geopolitical benefit. These petrodollar projects were often unprecedented in scope and included multibillion-dollar development projects, arms sales, purchases of US Treasury securities, and funds for the mujahedin in Afghanistan. Although petrodollar ties often augmented the power of the United States and its Middle East allies, Wight argues they also fostered economic disruptions and state-sponsored violence that drove many Americans, Arabs, and Iranians to resist Middle East–US interdependence, most dramatically during the Iranian Revolution of 1979. Deftly integrating diplomatic, transnational, economic, and cultural analysis, Wight utilizes extensive declassified records from the Nixon, Ford, Carter, and Reagan administrations, the IMF, the World Bank, Saddam Hussein's regime, and private collections to make plain the political economy of US power. Oil Money is an expansive yet judicious investigation of the wide-ranging and contradictory effects of petrodollars on Middle East–US relations and the geopolitics of globalization.

Petroleum Resource Management in Africa

Petroleum Resource Management in Africa PDF Author: Theophilus Acheampong
Publisher:
ISBN: 9783030830526
Category :
Languages : en
Pages : 0

Book Description
This book explores how Ghana has managed its newfound oil wealth and utilised the revenues to drive inclusive economic growth and development after ten years of oil and gas extraction. This is particularly poignant given that some of Ghana's neighbours and peers that have been producing oil and gas for several decades continue to suffer from the 'resource curse' or 'paradox of plenty syndrome'. Topics covered in the book include upstream licensing and contracting, regulatory regimes and institutional capacity, fiscal regimes, maritime border delimitation, and national oil company operations. Others include social inequities and injustice of Ghana's oil and gas, fiscal policy and revenue administration, local content, developing gas markets, and the potential impact of the energy transition. The book is a compilation of leading work on petroleum resource management practices in an emerging petroleum-producing country context. Petroleum Resource Management in Africa provides policymakers, industry and academia with a comprehensive distillation and synthesis of the operational context and the lessons learned from ten years of oil and gas in Ghana. At the same time, the findings in this book are articulated into a comprehensive series of core recommendations that serve as an international reference on Africa's upstream oil and gas industry. It will be of interest to anyone interested in resource and development economics. Theophilus Acheampong is Associate Lecturer and Honorary Research Fellow at the Aberdeen Centre for Research in Energy Economics and Finance (ACREEF), The University of Aberdeen, and also an Associate Lecturer at the Centre for Energy, Petroleum and Mineral Law and Policy (CEPMLP), The University of Dundee. He is also co-Founder of the iRIS Research Consortium, and a non-resident Senior Fellow at Ghanaian Think Tank IMANI Centre for Policy and Education, all based in Accra, Ghana. Thomas Kojo Stephens is a Senior Partner at Stobe Law in Accra, Ghana, and the Head of the Transactional, Oil and Gas Practice, as well as the Consultancy Group of the firm. He is an Advisory Board Member of the International Energy Law Advisory Group (IELAG), a Principal Trainer at the International Energy Law Training and Research Company (IELTRC), and a former Vice-Chairman of Ghana's Public Interest and Accountability Committee (PIAC), a statutory body with oversight over the use of Ghana's petroleum revenue. He is also a Senior Lecturer at the University of Ghana School of Law.

Oil Wealth and Insurgency in Nigeria

Oil Wealth and Insurgency in Nigeria PDF Author: Omolade Adunbi
Publisher: Indiana University Press
ISBN: 0253015782
Category : Political Science
Languages : en
Pages : 322

Book Description
Omolade Adunbi investigates the myths behind competing claims to oil wealth in Nigeria's Niger Delta. Looking at ownership of natural resources, oil extraction practices, government control over oil resources, and discourse about oil, Adunbi shows how symbolic claims have created an "oil citizenship." He explores the ways NGOs, militant groups, and community organizers invoke an ancestral promise to defend land disputes, justify disruptive actions, or organize against oil corporations. Policies to control the abundant resources have increased contestations over wealth, transformed the relationship of people to their environment, and produced unique forms of power, governance, and belonging.