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Book Synopsis Oil Wealth and Insurgency in Nigeria by : Omolade Adunbi
Download or read book Oil Wealth and Insurgency in Nigeria written by Omolade Adunbi and published by Indiana University Press. This book was released on 2015-07-29 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Oil Curse written by Michael L. Ross and published by Princeton University Press. This book was released on 2013-09-08 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Oil Wealth and Development in Uganda and Beyond by : Arnim Langer
Download or read book Oil Wealth and Development in Uganda and Beyond written by Arnim Langer and published by Leuven University Press. This book was released on 2020-01-07 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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).
Download or read book Pipe Dreams written by Erin Banco and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A fascinating and revealing dive into the murky world of oil contracts that shape power and politics in Iraq." -- Loveday Morris, The Washington Post Jerusalem bureau chief Iraq sits on top of more than 140 billion barrels of oil, making it the owner of the world's fifth largest reserves. When the United States invaded in 2003, the Bush Administration promised that oil revenue would be used to rebuild and democratize the country. But fifteen years later, those dreams have been shattered. The Iraqi economy has flatlined, millions of people are internally displaced, and international institutions have had to provide billions of dollars in assistance to the country every year. Where did all the oil revenue go? Reporter Erin Banco traveled to oil-rich Iraqi Kurdistan--an autonomous region that holds, according to the regional government, some 45 billion barrels of crude--to uncover how widespread corruption, tribal cronyism, kickbacks to political parties, and the war with ISIS have contributed to the plundering of Iraq's oil wealth. The region's economy and political stability have been on the brink of collapse, and local people are suffering. Based on court documents and on exclusive interviews with sources who have investigated energy companies and their dealings with government officials, Pipe Dreams is a cautionary tale that reveals how the dream of an oil-financed, American-style democracy in Iraqi Kurdistan now looks like a completely unrealistic fantasy.
Download or read book Oil Money written by David M. Wight and published by Cornell University Press. This book was released on 2021-07-15 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Seizing Power written by Robert Slater and published by John Wiley & Sons. This book was released on 2010-07-30 with total page 421 pages. Available in PDF, EPUB and Kindle. Book excerpt: How oil volatility may lead to violence among oil powers The world supply of oil is running out. Meanwhile, the balance of oil power is shifting away from the United States and the Arab states toward national oil companies (NOCs) in Russia, China, and some emerging economies in Africa and South America. As developing countries seek a middle-class existence, their demand for oil grows exponentially, causing oil prices to spiral, turning some into international bullies. Until another fuel is found the world risks being at the mercy of these tyrants whose insatiable appetites for higher oil prices heighten competition and spur the threat of violence, domestic as well as global. In Seizing Power: The Grab for Global Oil Wealth, bestselling author Robert Slater: Profiles petroaggressors like Russia's Putin, Venezuela's Chavez, and IranÕs Ahmadinejad Describes how oil-rich outlaw nations are using a valuable natural resource as a weapon in global politics Warns that, as oil dwindles, these outlaw nations may turn upon one another in the fight for what oil is left Seizing Power clearly explains why oil is potentially toxic to world stability.
Book Synopsis Oil Wealth and Federal Conflict in American Petrofederations by : Beni Trojbicz
Download or read book Oil Wealth and Federal Conflict in American Petrofederations written by Beni Trojbicz and published by Elsevier. This book was released on 2021-11-24 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil wealth and Federal Conflict in American Petrofederations documents the critical relationship between oil rents and federal conflicts by illustrating key concepts with six representative cross-regional case studies. Each case study discusses encompasses qualitative, quantitative and comparative elements under a common structure. With each petrofederation ranging in conflict types and modalities, the work as a whole identifies key differences including oil rent decentralization (in terms of resource property, sector management and distribution of revenues), sectoral importance (considered at national and subnational levels), and federation redistribution policy (in terms of fiscal federal imbalance, fiscal equalization, and oil rent use for regional equity). Collectively, the book generalizes a consistent theory of causality between oil rents and federal conflicts that take into account systemic variables. The book's conclusions will serve as a guide for researchers and policymakers seeking pathways to translate oil rents into development and stability. Reviews the intimate relationship between the oil sector and its governance in the political system Provides comparative analysis of the regulation, political institutions, rent decentralization, sectoral importance, and rent redistributive policies in the oil sector Generalizes approaches to the causality between oil rents and federal conflicts, including implications for policymakers
Book Synopsis Trillion Dollar Baby by : Paul Cleary
Download or read book Trillion Dollar Baby written by Paul Cleary and published by Biteback Publishing. This book was released on 2016-09-02 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: For most of its history, the remote and near-Arctic nation of Norway has eked out a marginal existence from fishing, forestry and shipping. That is, until Christmas Eve 1969, when oil was discovered off its southern coast. Rather than squandering the profits (as the UK did with its North Sea oil), when the revenue began flowing, Norway put in place the most robust and visionary framework for extracting maximum benefit from non-renewable resources found anywhere in the world. Less than twenty years after the country began investing in what is now called the Government Pension Fund, Norway has the largest sovereign wealth fund in the world, with assets of US$870 billion. What's more, the fund is on track to hit the US$1 trillion mark by 2020. Not only is every Norwegian now a (krone) millionaire and enjoying the highest standard of living in the world, they will be able to hand down this endowment to their children and grandchildren. Norway's savings strategy means that it has taken a non-renewable resource and turned it into a financial asset that can last long after the oil wealth has been completely exhausted. This is the story of how they did it.
Book Synopsis Unconventional Oil and Gas Resources Handbook by : Y Zee Ma
Download or read book Unconventional Oil and Gas Resources Handbook written by Y Zee Ma and published by Gulf Professional Publishing. This book was released on 2015-10-06 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unconventional Oil and Gas Resources Handbook: Evaluation and Development is a must-have, helpful handbook that brings a wealth of information to engineers and geoscientists. Bridging between subsurface and production, the handbook provides engineers and geoscientists with effective methodology to better define resources and reservoirs. Better reservoir knowledge and innovative technologies are making unconventional resources economically possible, and multidisciplinary approaches in evaluating these resources are critical to successful development. Unconventional Oil and Gas Resources Handbook takes this approach, covering a wide range of topics for developing these resources including exploration, evaluation, drilling, completion, and production. Topics include theory, methodology, and case histories and will help to improve the understanding,integrated evaluation, and effective development of unconventional resources. Presents methods for a full development cycle of unconventional resources, from exploration through production Explores multidisciplinary integrations for evaluation and development of unconventional resources and covers a broad range of reservoir characterization methods and development scenarios Delivers balanced information with multiple contributors from both academia and industry Provides case histories involving geological analysis, geomechanical analysis, reservoir modeling, hydraulic fracturing treatment, microseismic monitoring, well performance and refracturing for development of unconventional reservoirs
Download or read book The Oil Curse written by Michael L. Ross and published by Princeton University Press. This book was released on 2013-09-08 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Managing Oil Wealth by : Mr.Eric Le Borgne
Download or read book Managing Oil Wealth written by Mr.Eric Le Borgne and published by International Monetary Fund. This book was released on 2004-04-21 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Empires and Anarchies by : Michael Quentin Morton
Download or read book Empires and Anarchies written by Michael Quentin Morton and published by Reaktion Books. This book was released on 2017-09-15 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil lies at the heart of the modern history of the Middle East. For decades, the world’s largest oil reserves have enriched the region’s nations. But oil wealth has not brought with it universal prosperity. It has, though, transformed the Middle Eastern people and societies—enriching empires and engendering anarchies. Empires and Anarchies is an unconventional history of oil in the Middle East. In Michael Quentin Morton’s account the burnt-out remains of Saddam Hussein’s armaments and the human tragedy of the Arab Spring are as much of the story as the shimmering skylines of oil-rich nations. From the first explorers trudging through the desert to the excesses of the Peacock Throne and the high stakes of OPEC, Morton lays out the history of oil in compelling detail, arguing that oil simultaneously enriched and fractured the Middle East, eroding traditional ways of life, and eventually contributing to the rise of Islamic radicalism. The book is essential reading for anyone interested in the promises and peril of the world’s oil boom.
Book Synopsis Oil Wealth and Economic Behavior by : International Monetary Fund
Download or read book Oil Wealth and Economic Behavior written by International Monetary Fund and published by International Monetary Fund. This book was released on 1988-06-30 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: A short-run macroeconomic model is estimated for Venezuela, in order to examine the hypothesis that the availability of oil resources may entail a confidence effect—on perceived future incomes—that influences the expenditure and portfolio behavior of economic agents. Such confidence effect is found to be empirically significant. Model simulations reveal that the impact of oil price changes on the level and variability of money demand, balance of payments and inflation are significantly more pronounced in the presence of the confidence effect than in its absence. This has significant implictions for the size and structure of the needed policy interventions.
Book Synopsis Managing the Oil Wealth by : Jahangir Amuzegar
Download or read book Managing the Oil Wealth written by Jahangir Amuzegar and published by I.B. Tauris. This book was released on 1999-12-31 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Killers of the Flower Moon by : David Grann
Download or read book Killers of the Flower Moon written by David Grann and published by Vintage. This book was released on 2018-04-03 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: #1 NEW YORK TIMES BESTSELLER • A twisting, haunting true-life murder mystery about one of the most monstrous crimes in American history, from the author of The Wager and The Lost City of Z, “one of the preeminent adventure and true-crime writers working today."—New York Magazine • NATIONAL BOOK AWARD FINALIST • NOW A MARTIN SCORSESE PICTURE “A shocking whodunit…What more could fans of true-crime thrillers ask?”—USA Today “A masterful work of literary journalism crafted with the urgency of a mystery.” —The Boston Globe In the 1920s, the richest people per capita in the world were members of the Osage Nation in Oklahoma. After oil was discovered beneath their land, the Osage rode in chauffeured automobiles, built mansions, and sent their children to study in Europe. Then, one by one, the Osage began to be killed off. The family of an Osage woman, Mollie Burkhart, became a prime target. One of her relatives was shot. Another was poisoned. And it was just the beginning, as more and more Osage were dying under mysterious circumstances, and many of those who dared to investigate the killings were themselves murdered. As the death toll rose, the newly created FBI took up the case, and the young director, J. Edgar Hoover, turned to a former Texas Ranger named Tom White to try to unravel the mystery. White put together an undercover team, including a Native American agent who infiltrated the region, and together with the Osage began to expose one of the most chilling conspiracies in American history. Look for David Grann’s latest bestselling book, The Wager!
Book Synopsis Understanding and Avoiding the Oil Curse in Resource-rich Arab by : Ibrahim Elbadawi
Download or read book Understanding and Avoiding the Oil Curse in Resource-rich Arab written by Ibrahim Elbadawi and published by Cambridge University Press. This book was released on 2016-07-14 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: A variety of perspectives from leading economists provides fresh insight into how Arab countries may best exploit their oil revenues.
Book Synopsis The Magical State by : Fernando Coronil
Download or read book The Magical State written by Fernando Coronil and published by University of Chicago Press. This book was released on 1997-11-10 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1935, after the death of dictator General Juan Vicente Gómez, Venezuela consolidated its position as the world's major oil exporter and began to establish what today is South America's longest-lasting democratic regime. Endowed with the power of state oil wealth, successive presidents appeared as transcendent figures who could magically transform Venezuela into a modern nation. During the 1974-78 oil boom, dazzling development projects promised finally to effect this transformation. Yet now the state must struggle to appease its foreign creditors, counter a declining economy, and contain a discontented citizenry. In critical dialogue with contemporary social theory, Fernando Coronil examines key transformations in Venezuela's polity, culture, and economy, recasting theories of development and highlighting the relevance of these processes for other postcolonial nations. The result is a timely and compelling historical ethnography of political power at the cutting edge of interdisciplinary reflections on modernity and the state.
