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The State and the International Oil Market - Competition and the Changing Ownership of Crude Oil Assets (Hardcover, 2000 ed.)
Loot Price: R3,129
Discovery Miles 31 290
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The State and the International Oil Market - Competition and the Changing Ownership of Crude Oil Assets (Hardcover, 2000 ed.)
Series: Studies in Industrial Organization, 23
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Abbreviations . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . ix Chapter 1 INTRODUCTION . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . 1 Chapter 2 REDRAWING THE BOUNDARIES BETWEEN STATE AND
COMPANY . . . 3 Chapter 3 STATE PARTICIPATION IN THE ECONOMY . . .
. . . . . . . . . . . . . . . . . . 25 Chapter 4 INTERNATIONAL
ECONOMIC INSTABILITY . . . . . . . . . . . . . . . . . . . . . 49
Chapter 5 THE FAILURE OF OPEC TO SECURE ECONOMIC RENTS . . . . . .
. . . . 67 Chapter 6 TURNING BLACK GOLD INTO DEVELOPMENT . . . . .
. . . . . . . . . . . . . 81 Chapter 7 NATIONAL OIL COMPANIES . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97
Chapter 8 AMBITIOUS CONSOLIDATION . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . 127 Chapter 9 STRATEGIC CONSOLIDATION . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . 151
References . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . 155 Index . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. 165 PREFACE This book has been kicking around my desk for quite
some time. On and off I returned to my work on the role of the
state in the economy and the international oil market, but for a
long time I was not satisfied with the shape it was in. I
understand now that I needed the insights developed over the past
couple of years on the role of the state, regulation,
liberalization, privatization, and the recent events in the
international oil industry to bring all my ideas together in a more
coherent format. It was the events that followed the Asian
financial crisis that drew me back to finish writing this book. The
early beginnings of this book were developed at the Institute of
International Affairs, Chatham I-louse, in London, where I was a
research fellow with the Energy and Environment Programme in 1992
and 1993. At the Colorado School of Mines, I had the opportunity to
test my ideas in a graduate class, and continue the research.
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