Skip to content
Cart

Your Cart

×

You have 0 items in your cart.

Register Sign in Wishlist

Oil Is Not a Curse
Ownership Structure and Institutions in Soviet Successor States

$35.99 (P)

Part of Cambridge Studies in Comparative Politics

  • Date Published: August 2010
  • availability: Available
  • format: Paperback
  • isbn: 9780521148085

$ 35.99 (P)
Paperback

Add to cart Add to wishlist

Other available formats:
Hardback, eBook


Looking for an examination copy?

If you are interested in the title for your course we can consider offering an examination copy. To register your interest please contact collegesales@cambridge.org providing details of the course you are teaching.

Description
Product filter button
Description
Contents
Resources
Courses
About the Authors
  • This book makes two central claims: first, that mineral-rich states are cursed not by their wealth but, rather, by the ownership structure they chose to manage their mineral wealth and second, that weak institutions are not inevitable in mineral-rich states. Each represents a significant departure from the conventional resource curse literature, which has treated ownership structure as a constant across time and space and has presumed that mineral-rich countries are incapable of either building or sustaining strong institutions – particularly fiscal regimes. The experience of the five petroleum-rich Soviet successor states (Azerbaijan, Kazakhstan, the Russian Federation, Turkmenistan, and Uzbekistan) provides a clear challenge to both of these assumptions. Their respective developmental trajectories since independence demonstrate not only that ownership structure can vary even across countries that share the same institutional legacy but also that this variation helps to explain the divergence in their subsequent fiscal regimes.

    • Contributes to a growing, but still nascent literature that questions the long-held and widespread presumption that the possession of abundant mineral resources is inevitably a curse for developing countries
    • First comprehensive, longitudinal, and comparative study of petroleum revenue management across all five petroleum-rich Soviet successor states
    • Documents the variation in ownership structure over petroleum wealth in developing countries for the entire twentieth century and tests competing explanations for this variation using an original cross-sectional dataset
    Read more

    Reviews & endorsements

    “Do oil booms inevitably lead countries down a path of rentierism, authoritarianism, and laggard economic growth? Read this fascinating book about the Soviet successor states and find out why the effects of oil vary based on who owns it—the state, or the private sector.”
    —Stephen Haber, Stanford University

    “Pauline Jones Luong and Erika Weinthal have made a valuable contribution to the resource curse literature. Their book’s focus on the significance of ownership structure in determining whether resource abundance is a boon or a curse is novel, well-argued and supported empirically by a nice natural experiment. In addition, the book provides an accessible review of the oil and gas sector in the energy-rich Soviet successor states over the two decades since independence.”
    —Richard Pomfret, University of Adelaide; Johns Hopkins University Bologna Center

    “A fundamental premise of political economy is that the consequences of factor endowments for policy and prosperity are conditional on the nature of the political equilibrium in society. Using parsimonious theory, case studies, and econometric tests, this book brilliantly uses this perspective to demolish the confusions of the resource curse literature, showing how politics shapes the ownership structure of the oil sector which in turn determines the impact of oil.”
    —James Robinson, Harvard University

    See more reviews

    Customer reviews

    Not yet reviewed

    Be the first to review

    Review was not posted due to profanity

    ×

    , create a review

    (If you're not , sign out)

    Please enter the right captcha value
    Please enter a star rating.
    Your review must be a minimum of 12 words.

    How do you rate this item?

    ×

    Product details

    • Date Published: August 2010
    • format: Paperback
    • isbn: 9780521148085
    • length: 446 pages
    • dimensions: 231 x 155 x 25 mm
    • weight: 0.61kg
    • contains: 16 b/w illus. 5 maps 24 tables
    • availability: Available
  • Table of Contents

    1. Rethinking the resource curse: ownership structure and institutions in mineral rich states
    2. Fiscal regimes: taxation and expenditure in mineral rich states
    3. State ownership with control versus private domestic ownership
    4. Two version of rentierism: state ownership with control in Turkmenistan and Uzbekistan
    5. Petroleum rents without rentierism: domestic private ownership in the Russian Federation
    6. State ownership without control versus private foreign ownership
    7. Eluding the obsolescing bargain: state ownership without control in Azerbaijan
    8. Revisiting the obsolescing bargain: foreign private ownership in Kazakhstan
    9. Taking domestic politics seriously: explaining ownership structure over mineral resources
    10. The myth of the resource curse.

  • Authors

    Pauline Jones Luong, Brown University, Rhode Island
    Pauline Jones Luong is Associate Professor in the Department of Political Science at Brown University. Previously, she was an Assistant Professor at Yale University. At Harvard University, where she received her doctorate, she was an Academy Scholar from 1998 to 1999, and from 2001 to 2002. Her primary research interests are institutional origin and change, identity and conflict, and the political economy of development. Her empirical work to date has focused on the former Soviet Union. She has published articles in several leading academic and policy journals, including the American Political Science Review, Comparative Political Studies, Current History, Foreign Affairs, Politics and Society and Resources Policy. Her books include Institutional Change and Political Continuity in Post-Soviet Central Asia and The Transformation of Central Asia. Funding from various sources has supported her research, including the National Science Foundation, the John T. and Catherine D. MacArthur Foundation, the National Council on East European and Eurasian Research, and the Smith Richardson Foundation.

    Erika Weinthal, Duke University, North Carolina
    Erika Weinthal is Associate Professor of Environmental Policy at the Nicholas School of the Environment at Duke University. From 1998 to 2005, she taught in the Department of Political Science at Tel Aviv University. Her research focuses on environmental and natural resources policy in the former Soviet Union and the Middle East. She has published widely in journals such as Perspectives on Politics, Comparative Political Studies, the American Political Science Review, Foreign Affairs, Ground Water, Global Environmental Politics and the Journal of Environment and Development. She is the author of State Making and Environmental Cooperation: Linking Domestic Politics and International Politics in Central Asia. She has received funding from a variety of institutions to support her research, including the National Research Council for Europe and Eurasia, the United States Institute of Peace, the John T. and Catherine D. MacArthur Foundation, the Fifth Framework Programme of the European Union and the USDA. She is a member of the UNEP Expert Advisory Group on Environment, Conflict, and Peacebuilding.

Sign In

Please sign in to access your account

Cancel

Not already registered? Create an account now. ×

Sorry, this resource is locked

Please register or sign in to request access. If you are having problems accessing these resources please email lecturers@cambridge.org

Register Sign in
Please note that this file is password protected. You will be asked to input your password on the next screen.

» Proceed

You are now leaving the Cambridge University Press website. Your eBook purchase and download will be completed by our partner www.ebooks.com. Please see the permission section of the www.ebooks.com catalogue page for details of the print & copy limits on our eBooks.

Continue ×

Continue ×

Continue ×

Find content that relates to you

Are you sure you want to delete your account?

This cannot be undone.

Cancel

Thank you for your feedback which will help us improve our service.

If you requested a response, we will make sure to get back to you shortly.

×
Please fill in the required fields in your feedback submission.
×