Collaborative Colonialism - The Political Economy of Oil in the Persian Gulf (Hardcover)

Since the discovery of oil, the countries of the Persian Gulf have been caught in a vicious circle. With increasing oil revenues, rulers have made self-enrichment their motivation while foreign powers have exploited the region and provided support for oppressive regimes. Early exploitation of the region's oil was colonial in practice; today, oppressive rulers and foreigners work hand-in-hand to the detriment of the citizenry. Rulers have no incentives to foster good institutions, especially the rule of law, as independent and efficient institutions would undermine their control over oil revenues.This book takes a chronological look at the impact of oil in the region and examines how vast oil revenues have encouraged oppressive governance and corrupted development policies, impeding human, political, and economic progress. Hossein Askari argues that there is an urgent need for visionary political and economic reform in order to prevent a regional catastrophe. Rulers must start by publicly acknowledging that oil belongs to the people of all generations and that it must be managed accordingly - efficiently, equitably, and transparently.

General

Imprint:	Palgrave Macmillan
Country of origin:	United Kingdom
Release date:	September 2013
First published:	2013
Authors:	H. Askari
Dimensions:	216 x 140 x 18mm (L x W x T)
Format:	Hardcover
Pages:	198
ISBN-13:	978-1-137-35376-4
Categories:	Books > Business & Economics > Economics > Political economy Books > Social sciences > Politics & government > Political structure & processes > General Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > Petroleum & oil industries Promotions
LSN:	1-137-35376-7
Barcode:	9781137353764

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!