Skip to content
Register Sign in Wishlist
Look Inside Power Grab

Power Grab
Political Survival through Extractive Resource Nationalization

$99.99 (C)

Part of Business and Public Policy

  • Date Published: No date available
  • availability: Not yet published - available from
  • format: Hardback
  • isbn: 9781108478892

$ 99.99 (C)
Hardback

Pre-order Add to wishlist

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
  • For rulers whose territories are blessed with extractive resources -- such as petroleum, metals, and minerals that will power the clean energy transition -- converting natural wealth into fiscal wealth is key. Squandering the opportunity to secure these revenues will guarantee short tenures, while capitalizing on windfalls and managing the resulting wealth will fortify the foundations of enduring rule. This book argues that leaders nationalize extractive resources to extend the duration of their power. By taking control of the means of production and establishing state-owned enterprises, leaders capture revenues that might otherwise flow to private firms, and use this increased capital to secure political support. Using a combination of case studies and cross-national statistical analysis with novel techniques, Mahdavi sketches the contours of a crucial political gamble: nationalize and reap immediate gains while risking future prosperity, or maintain private operations, thereby passing on revenue windfalls but securing long-term fiscal streams.

    • Proposes a new theory on the rise and fall of political leaders in extractive-resource economies, providing insights into modern political paradoxes, such as Iran, Saudi Arabia, and Venezuela
    • Combines statistical analysis with interviews and archival records on national oil companies, offering evidence from multiple perspectives for readers versed in either quantitative, qualitative, or mixed-method approaches
    • Unpacks the opaque politics surrounding state-owned enterprises and will appeal to readers interested in learning deep insights about the world's largest companies
    Read more

    Reviews & endorsements

    'Political survival is essential to rulers. In this thoughtful and far-ranging new book, Paasha Mahdavi shows exactly how rulers use control over energy and mining companies to advance their own political survival – often at the peril of their own people and the planet.' David Victor, Professor of International Relations, School of Global Policy and Strategy, University of California, San Diego

    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

    • format: Hardback
    • isbn: 9781108478892
    • dimensions: 229 x 152 mm
    • contains: 29 b/w illus. 16 tables
    • availability: Not yet published - available from
  • Table of Contents

    1. The puzzle of extractive resource nationalization
    2. The theory of political survival through nationalization
    3. Defining and measuring operational nationalization
    4. Why nationalize? Evidence from national oil companies around the world
    5. NOCs, oil revenues, and leadership survival
    6. The dynamics of nationalization in Pahlavi Iran
    7. Conclusion: the implications of nationalization.

  • Author

    Paasha Mahdavi, University of California, Santa Barbara
    Paasha Mahdavi is Assistant Professor of Political Science at the University of California, Santa Barbara. His research on energy governance and political economy has appeared in Comparative Political Studies, Nature Energy, and World Politics, among other journals, and has received media attention from The Financial Times, The Wall Street Journal, and The Washington Post. Mahdavi earned his M.S. in Statistics and Ph.D. in Political Science from UCLA. He has held fellowships at the Initiative for Sustainable Energy Policy, the Payne Institute, and the World Economic Forum, and currently serves as Term Member at the Council on Foreign Relations.

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

Join us online

This site uses cookies to improve your experience. Read more Close

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.
×