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Choice Reviews Online· 2012· Review

The oil curse: how petroleum wealth shapes the development of nations

Short summary

This book argues that petroleum wealth paradoxically hinders national development, leading to less democracy, perpetuated patriarchy, and increased violence.

AI-generated from the title and abstract; the full text is not read.

Key points

  • Petroleum wealth is paradoxically linked to negative developmental outcomes.
  • Oil revenues correlate with decreased levels of democracy.
  • Petroleum resources contribute to the perpetuation of patriarchal systems.
  • Oil-based economies show a higher incidence of violence and civil conflict.

AI-generated from the title and abstract; the full text is not read.

Abstract

List of Illustrations ix List of Tables xi Preface xiii Abbreviations xvii Country Abbreviations xix Chapter One: The Paradoxical Wealth of Nations 1 Appendix 1.1 A Note on Methods and Measurements 14 Chapter Two: The Trouble with Oil Revenues 27 Chapter Three: More Petroleum, Less Democracy 63 Appendix 3.1 A Statistical Analysis of Oil and Democracy 93 Chapter Four: Petroleum Perpetuates Patriarchy 111 Appendix 4.1 A Statistical Analysis of Oil and the Status of Women 132 Chapter Five: Oil-Based Violence 145 Appendix 5.1 A Statistical Analysis of Oil and Civil Conflict 178 Chapter Six: Oil, Economic Growth, and Political Institutions 189 Chapter Seven: Good News and Bad News about Oil 223 References 255 Index 281

The authors' abstract, as published at the source. Choice Reviews Online, 2012 · DOI ↗

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Field: General Economics, Econometrics and Finance

General Economics, Econometrics and FinanceEconomics, Econometrics and Finance