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Handbook of Oil Politics (Paperback)
Loot Price: R1,876
Discovery Miles 18 760
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Handbook of Oil Politics (Paperback)
Series: Routledge International Handbooks
Expected to ship within 12 - 17 working days
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These days, one would have a difficult time picking up a newspaper,
or watching a newscast that did not have a lead story dealing with
some aspect of oil. From instability in the Middle East, to stock
market crashes and concerns over the health of the world economy,
to wars that seem to break out unexpectedly around the world, to
discussions of global warming, and even speculation over the fate
of mankind, oil is usually lurking somewhere in the background. To
many, oil markets and their linkages to a whole spectrum of events
remain something of a mystery. Unfortunately, most of the easily
obtained information on oil is deeply flawed. Whole web-conspiracy
sites depict ruthless insiders and reckless dictators manipulating
energy markets at will. The 30 essays in this volume, written by
the leading experts in the field, attempt to set the record
straight. While their assessments may lack the sensationalism of
many popular pundits, serious readers will find their insights
invaluable in the years to come in providing a framework for
understanding many of the events of the day. The volume is divided
into sections. Part I provides a broad overview of the political
dimensions underlying the supply of oil. Some of the key questions
addressed include: is the world running out of oil? And if so, is
the cause physical scarcity or political/policy failure? Why are
many of the oil-producing countries in the developing world so
unstable? Can oil markets be made to provide more stability to the
world system? Part II examines some of the political responses to
oil-related developments. Here, the key questions concern the role
of the political process in the development of alternative sources
of energy. The various means through which countries approach their
energy security is assessed, as is the problem of climate change.
The section ends with the provocative question: do governments
really need to go to war for oil? Oil production, energy markets,
and the political environment produce distinct regional patterns.
Part III examines oil and political power in Africa, Latin America,
the Middle East and South-East Asia. Part IV expands some of the
main regional themes through a series of case studies on specific
countries: Iraq, Iran, Saudi Arabia, Egypt, Russia and Brazil. A
final section looks to the future: will the oil curse continue for
many countries? How will the growth and expansion of China affect
oil prices and availabilities? Will oil-based sovereign wealth
funds contribute to global stability or will they create increased
political tensions between consuming and producing countries? Will
volatile oil markets undermine the US dollar as well as the global
financial system? Perhaps appropriately, the volume ends with an
assessment of the future of oil in a carbon constrained world. All
in all, the essays in this volume cover the whole spectrum of the
politics of oil. They will help shed light on this vital, yet still
often misunderstood topic. The book does not represent any
particular political or ideological position. Instead, each author
has sought to objectively seek a deeper understanding as to the
complexity and subtlety of forces that have all too often eluded
policymakers around the world.
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