The oil curse [electronic resource] : how petroleum wealth shapes the development of nations / Michael L. Ross.
Ross, Michael, 1961-
2012
HD9578.D44 R67 2012eb
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Title
The oil curse [electronic resource] : how petroleum wealth shapes the development of nations / Michael L. Ross.
Author
Ross, Michael, 1961-
ISBN
9781400841929 (electronic bk.)
9780691145457
Publication Details
Princeton, N.J. : Princeton University Press, c2012.
Language
English
Description
1 online resource (xxi, 289 p.) : ill.
Call Number
HD9578.D44 R67 2012eb
Dewey Decimal Classification
338.9009172/4
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.
Bibliography, etc. Note
Includes bibliographical references and index.
Access Note
Access limited to authorized users.
Source of Description
Description based on print verision record.
Available in Other Form
Oil curse.
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Oil and the size of government
Government size in selected oil and non-oil states
Petroleum in the economy and government, 2007
Oil prices and oil rents in selected countries, 2008
Government expropriation of oil companies, 1960n-93
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Price of a barrel of oil, 1861n-2009
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Number of oil-producing democracies and autocracies, 1960n-2008
Democracy levels over time, 1960n-2004
Government spending-to-revenue ratios in autocracies, 1970n-2008
Oil income and gasoline prices, 2006
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Women in parliament by region, 2002
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Oil and female parliamentary seats in the Middle East, 2002
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Fraction of oil and non-oil countries with new conflicts, 1965n-2006
Number of oil and non-oil states with ongoing conflicts, 1960n-2006
Fraction of ongoing conflicts in states with oil, 1960n-2006
Annual conflict rates, oil and non-oil countries
Annual conflict rates by petroleum location (%)
Incomes of the leading oil producers, 1950n-2006
Incomes of the leading oil producers and oil prices, 1950n-2006
Changes in income per capita, 1974n-89
Oil production in Oman and world oil prices, 1960n-2006
Oil production in Malaysia and world oil prices, 1960n-2006
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