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Oil And Politics In The Gulf Of Guinea
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Book Synopsis Oil and Politics in the Gulf of Guinea by : Ricardo Soares de Oliveira
Download or read book Oil and Politics in the Gulf of Guinea written by Ricardo Soares de Oliveira and published by Hurst & Company. This book was released on 2007 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates the paradox at the heart of present-day Gulf of Guinea politics. The governance crisis festering throughout every one of the region's states ought to discourage outsiders from capital-intensive, long-term commercial involvement and cast doubts over the political survival of ruling cliques. However, the presence of large petroleum deposits radically changes this equation: the negative dynamics of state failure and widespread violence affect the general population but spare the oil nexus. The material and political resources made available by oil allow states to survive regardless of bad policies, facilitate their governing elites' material success regardless of reckless management, earn international allies regardless of erratic domestic conduct, and make companies want to invest regardless of risk. The recent oil boom only strengthens this paradoxical viability. Making possible what is arguably the largest inflow of resources into Africa in history, it is of a different order from the short-term viability afforded by the exploitation of other natural resources. Nonetheless, the partnership between insiders and outsiders that permits the extraction of oil is not conducive to positive long-term outcomes in institution-building or broad-based economic growth. Highly dependent on uninterrupted money flows and beset by various destabilising trends, the political economy of oil in the Gulf of Guinea is poised in a state of 'permanent crisis'. This study, based on extensive fieldwork, interviews and engagement with primary and secondary sources, is the first on the subject to take on the regional, as opposed to the country-specific, dimension. It has four key aims. The first is to bring out the extent to which oil has forged the interaction of the region with the world economy and how the ongoing expansion of the oil sector will deepen this pivotal role. Secondly, how this international relevance of petroleum has shaped postcolonial domestic politics and institutions. Thirdly, it examines the interests of different sets of empowered actors in the partnership between importers, producers and oil companies, their interplay, and the manner and contexts in which their goals diverge or converge. Finally, it analyses the sources of long-term sustainability of the political economy of oil in the Gulf of Guinea amidst seemingly unmanageable chaos.
Book Synopsis Oil and Terrorism in the New Gulf by : James J.F. Forest
Download or read book Oil and Terrorism in the New Gulf written by James J.F. Forest and published by Lexington Books. This book was released on 2006-03-07 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil and Terrorism in the New Gulf examines the national security implications of U.S. energy security policies in the Middle East, and the emerging U.S. involvement in oil exploration and extraction in West Africa. Similar political, social, and economic challenges_poverty, corruption, lack of infrastructure, and weak governments_are seen in the oil-producing states of both the Middle East and Africa. Drawing comparisons between these two regions allows Forest and Sousa to formulate policy recommendations for how to handle foreign policy toward Africa in the future based on lessons learned from past interaction with the Middle East. Oil and Terrorism in the New Gulf promises to inform a lively debate over the future of U.S. foreign policies toward Africa and is a valuable resource for policymakers and the academic community that should be approached in a coherent, integrated fashion to ensure the success of the United State's energy and national security agendas.
Book Synopsis Oil and the political economy in the Middle East by : Martin Beck
Download or read book Oil and the political economy in the Middle East written by Martin Beck and published by Manchester University Press. This book was released on 2021-08-17 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: The downhill slide in the global price of crude oil, which started mid-2014, had major repercussions across the Middle East for net oil exporters, as well as importers closely connected to the oil-producing countries from the Gulf. Following the Arab uprisings of 2010 and 2011, the oil price decline represented a second major shock for the region in the early twenty-first century – one that has continued to impose constraints, but also provided opportunities. Offering the first comprehensive analysis of the Middle Eastern political economy in response to the 2014 oil price decline, this book connects oil market dynamics with an understanding of socio-political changes. Inspired by rentierism, the contributors present original studies on Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The studies reveal a large diversity of country-specific policy adjustment strategies: from the migrant workers in the Arab Gulf, who lost out in the post-2014 period but were incapable of repelling burdensome adjustment policies, to Egypt, Jordan, and Lebanon, who have never been able to fulfil the expectation that they could benefit from the 2014 oil price decline. With timely contributions on the COVID-19-induced oil price crash in 2020, this collection signifies that rentierism still prevails with regard to both empirical dynamics in the Middle East and academic discussions on its political economy.
Book Synopsis The Petro-developmental State in Africa by : Jesse Salah Ovadia
Download or read book The Petro-developmental State in Africa written by Jesse Salah Ovadia and published by Hurst & Company. This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Local initiatives, local control and local ownership are increasingly characteristic of Africa's petroleum sector, as Ovadia sets out in his book
Book Synopsis Poisoned Wells by : Nicholas Shaxson
Download or read book Poisoned Wells written by Nicholas Shaxson and published by St. Martin's Press. This book was released on 2007-03-20 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Each week the oil and gas fields of sub-Saharan Africa produce well over a billion dollars' worth of oil, an amount that far exceeds development aid to the entire African continent. Yet the rising tide of oil money is not promoting stability and development, but is instead causing violence, poverty, and stagnation. It is also generating vast corruption that reaches deep into American and European economies. In Poisoned Wells, Nicholas Shaxson exposes the root causes of this paradox of poverty from plenty, and explores the mechanisms by which oil causes grave instabilities and corruption around the globe. Shaxson is the only journalist who has had access to the key players in African oil, and is willing to make the connections between the problems of the developing world and the involvement of leading global corporations and governments.
Book Synopsis Maritime Security Cooperation in the Gulf of Guinea by : Kamal-Deen Ali
Download or read book Maritime Security Cooperation in the Gulf of Guinea written by Kamal-Deen Ali and published by BRILL. This book was released on 2015-07-28 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Maritime Security Cooperation in the Guinea: Prospects and Challenges, Kamal-Deen Ali provides ground-breaking analyses of the maritime security situation in the Gulf of Guinea and its implications for shipping, energy security, sustainable fisheries as well as national and regional security. The book juxtaposes the growing strategic importance of the Gulf of Guinea against the rising insecurity in the maritime domain, especially from piracy. Ali points out key gaps in prevailing regional and international approaches to maritime security cooperation in the Gulf of Guinea and sets out several suggestions for combating piracy as well as other maritime security threats while effectively enhancing maritime security cooperation in the region.
Book Synopsis The Political Economy of Oil and Gas in Africa by : Soala Ariweriokuma
Download or read book The Political Economy of Oil and Gas in Africa written by Soala Ariweriokuma and published by Routledge. This book was released on 2008-10-22 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a thoroughly researched guide to the Nigerian Oil and Gas Industry, providing students, potential investors, academics and policy makers the opportunity to get acquainted with various dimensions of the oil and gas industry.
Book Synopsis Magnificent and Beggar Land by : Ricardo Soares de Oliveira
Download or read book Magnificent and Beggar Land written by Ricardo Soares de Oliveira and published by Oxford University Press. This book was released on 2015-04-02 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: Magnificent and Beggar Land is a powerful account of fast-changing dynamics in Angola, an important African state that is a key exporter of oil and diamonds and a growing power on the continent. Based on three years of research and extensive first-hand knowledge of Angola, it documents the rise of a major economy and its insertion in the international system since it emerged in 2002 from one of Africa's longest and deadliest civil wars. The government, backed by a strategic alliance with China and working hand in glove with hundreds of thousands of expatriates, many from the former colonial power, Portugal, has pursued an ambitious agenda of state-led national reconstruction. This has resulted in double-digit growth in Sub-Saharan Africa's third largest economy and a state budget in excess of total western aid to the entire continent. Scarred by a history of slave trading, colonial plunder and war, Angolans now aspire to the building of a decent society. How has the regime, led by President José Eduardo dos Santos since 1979, dealt with these challenges, and can it deliver on popular expectations? Soares de Oliveira's book charts the remarkable course the country has taken in recent years.
Book Synopsis The Licit Life of Capitalism by : Hannah Appel
Download or read book The Licit Life of Capitalism written by Hannah Appel and published by Duke University Press. This book was released on 2019-12-13 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Licit Life of Capitalism is both an account of a specific capitalist project—U.S. oil companies working off the shores of Equatorial Guinea—and a sweeping theorization of more general forms and processes that facilitate diverse capitalist projects around the world. Hannah Appel draws on extensive fieldwork with managers and rig workers, lawyers and bureaucrats, the expat wives of American oil executives and the Equatoguinean women who work in their homes, to turn conventional critiques of capitalism on their head, arguing that market practices do not merely exacerbate inequality; they are made by it. People and places differentially valued by gender, race, and colonial histories are the terrain on which the rules of capitalist economy are built. Appel shows how the corporate form and the contract, offshore rigs and economic theory are the assemblages of liberalism and race, expertise and gender, technology and domesticity that enable the licit life of capitalism—practices that are legally sanctioned, widely replicated, and ordinary, at the same time as they are messy, contested, and, arguably, indefensible.
Book Synopsis Dead Ends of Transition by : Michael Dauderstädt
Download or read book Dead Ends of Transition written by Michael Dauderstädt and published by Campus Verlag. This book was released on 2006 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: After war, many countries, such as Bosnia, Kosovo, Afghanistan, or Iraq, the transition to a democratic market economy extremely difficult. This failure to thrive, Dead Ends of Transition demonstrates, is often the result of national reliance on foreign aid. Rentier states, the contributors to this study argue, have few incentives to respond to the needs of their societies. Taking a closer look at the policies of rentier economies, this book further identifies new ways in which these countries and their international partners could work together to ease the critical transition to democracy.
Book Synopsis Oil and Terrorism in the New Gulf by : James J. F. Forest
Download or read book Oil and Terrorism in the New Gulf written by James J. F. Forest and published by Lexington Books. This book was released on 2006 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil and Terrorism in the New Gulf promises to inform a lively debate over the future of U.S. foreign policies toward Africa. This coherent, integrated debate will engage policymakers and the academic community to ensure the success of the United States' energy and national security agendas.
Download or read book Oil Leaders written by Ibrahim AlMuhanna and published by Columbia University Press. This book was released on 2022-05-17 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil is an unusual commodity in that individual decisions can have an outsized effect on the market. OPEC+’s choice to increase production, for instance, might send prices falling, affecting both oil producers and consumers worldwide. What do the leading oil market players consider before making a fateful move? Oil Leaders offers an unprecedented glimpse into the strategic thinking of top figures in the energy world from the 1980s through the recent past. Ibrahim AlMuhanna—a close adviser to four different Saudi oil ministers during that period—examines the role of individual and collective decision making in shaping market movements. He analyzes how powerful individuals made critical choices, tracking how they responded to the flow of information on pivotal market and political events and predicted reactions from allies and adversaries. AlMuhanna highlights how the media has played an increasingly important role as a conduit of information among multiple players in the oil market. Energy leaders have learned to manage the signals they send to the market and to other relevant players in order to avoid sending oil prices into a spiral. AlMuhanna draws on personal familiarity with many of these individual decision makers as well as his participation in decades of closed-door sessions where crucial choices were made. Featuring revelatory behind-the-scenes perspective on pivotal oil market events and dynamics, this book is a must-read for practitioners and policy makers engaged with the global energy world.
Download or read book Private Empire written by Steve Coll and published by Penguin. This book was released on 2012-05-01 with total page 654 pages. Available in PDF, EPUB and Kindle. Book excerpt: “ExxonMobil has met its match in Coll, an elegant writer and dogged reporter . . . extraordinary . . . monumental.” —The Washington Post “Fascinating . . . Private Empire is a book meticulously prepared as if for trial . . . a compelling and elucidatory work.” —Bloomberg From the Pulitzer Prize-winning and bestselling author of Ghost Wars and The Achilles Trap, an extraordinary exposé of Big Oil. Includes a profile of current Secretary of State and former chairman and chief executive of ExxonMobil, Rex Tillerson In this, the first hard-hitting examination of ExxonMobil—the largest and most powerful private corporation in the United States—Steve Coll reveals the true extent of its power. Private Empire pulls back the curtain, tracking the corporation’s recent history and its central role on the world stage, beginning with the Exxon Valdez accident in 1989 and leading to the Deepwater Horizon oil spill in the Gulf of Mexico in 2010. The action spans the globe—featuring kidnapping cases, civil wars, and high-stakes struggles at the Kremlin—and the narrative is driven by larger-than-life characters, including corporate legend Lee “Iron Ass” Raymond, ExxonMobil’s chief executive until 2005, and current chairman and chief executive Rex Tillerson, President-elect Donald Trump's nomination for Secretary of State. A penetrating, news-breaking study, Private Empire is a defining portrait of Big Oil in American politics and foreign policy.
Book Synopsis Escaping the Resource Curse by : Macartan Humphreys
Download or read book Escaping the Resource Curse written by Macartan Humphreys and published by Columbia University Press. This book was released on 2007-05-22 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: The wealth derived from natural resources can have a tremendous impact on the economics and politics of producing countries. In the last quarter century, we have seen the surprising and sobering consequences of this wealth, producing what is now known as the "resource curse." Countries with large endowments of natural resources, such as oil and gas, often do worse than their poorer neighbors. Their resource wealth frequently leads to lower growth rates, greater volatility, more corruption, and, in extreme cases, devastating civil wars. In this volume, leading economists, lawyers, and political scientists address the fundamental channels generated by this wealth and examine the major decisions a country must make when faced with an abundance of a natural resource. They identify such problems as asymmetric bargaining power, limited access to information, the failure to engage in long-term planning, weak institutional structures, and missing mechanisms of accountability. They also provide a series of solutions, including recommendations for contracting with oil companies and allocating revenue; guidelines for negotiators; models for optimal auctions; and strategies to strengthen state-society linkages and public accountability. The contributors show that solutions to the resource curse do exist; yet, institutional innovations are necessary to align the incentives of key domestic and international actors, and this requires fundamental political changes and much greater levels of transparency than currently exist. It is becoming increasingly clear that past policies have not provided the benefits they promised. Escaping the Resource Curse lays out a path for radically improving the management of the world's natural resources.
Download or read book Guinea written by Bram Posthumus and published by Hurst & Company Limited. This book was released on 2016 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: Guinea is rich, both materially and culturally, with the world's largest bauxite reserves, gold, diamonds and iron ore. It abounds in culture and traditions and has a remarkable, if often turbulent, history. Guinea is also exceptional in that it was the first French colony proudly to declare its independence, in 1958. Thereafter, the country suffered under the tyranny of Sekou Toure. Today, headed for the first time by an elected president, Guineans are trying to put their troubled past behind them and fulfil the promise of a decent life for all. It will not be easy. Tens of thousands perished in the years of chaos and even more human potential continues to go to waste. Guinea is the classic paradox: there are vast mineral reserves, its peoples are resourceful and the earning potential of agriculture and tourism is evident. And yet, most citizens are desperately poor and lack even the most basic services. Governance lies at the heart of this problem. Posthumus touches on all these themes, while taking the reader to all corners of Guinea, which is captivating and exasperating in equal measure. He also highlights Guinea's remarkable cultural accomplishments, most notably its globally renowned music.
Download or read book Crude Existence written by Kristin Reed and published by Univ of California Press. This book was released on 2009-11-15 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: After decades of civil war and instability, the African country of Angola is experiencing a spectacular economic boom thanks to its most valuable natural resource: oil. Focusing on the everyday realities of people living in the extraction zones, Reed explores the exclusion, degradation, and violence that are the fruits of petrocapitalism in Angola.
Download or read book The Price of Oil written by Bronwen Manby and published by Human Rights Watch. This book was released on 1999 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Attempts to Import Weapons