Resource Nationalism and Energy Policy : : Venezuela in Context / / David R. Mares.

• Superior document: Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2022
• VerfasserIn: Mares, David R.,
• Place / Publishing House: New York, NY : : Columbia University Press, , [2022]; ©2022
• Year of Publication: 2022
• Language: English
• Series: Center on Global Energy Policy Series
• Physical Description: 1 online resource

It is widely thought that state ownership of natural resources, oil and natural gas in particular, causes countries to fall under the sway of the “resource curse.” In such cases, governments allegedly display “resource nationalism,” which destabilizes the economy, society, and politics. In this book, David R. Mares dispels these beliefs and develops a powerful new account of the relationship between state resource ownership and energy policy.Mares examines variations in energy policy across a wide range of countries, underscoring the fact that in most of the world outside the United States, subsoil natural resources are owned by the state. He considers the history of Latin American oil and gas policies and provides an in-depth analysis of Venezuela from 1989 to 2016—before, during, and after the presidency of Hugo Chávez. Mares demonstrates that the key factors that influence energy policy are the inclusiveness of the political system, the level of competitiveness within policy making, and the characteristics of individual leaders. Domestic politics, not state ownership, determines the effectiveness and efficiency of energy policies: the “resource curse” is avoidable. Drawing on these findings, Mares reconceptualizes resource nationalism, arguing that government intervention into resource extraction is legitimate as long as the benefits are shared through the provision of public goods. Featuring a sophisticated grasp of both Latin American politics and energy policy, this book sheds new light on why some governments are responsible stewards of natural resources while others appropriate national wealth for partisan or private benefit.

Table of Contents

Frontmatter -- CONTENTS -- ACKNOWLEDGMENTS -- LIST OF ACRONYMS AND ABBREVIATIONS -- Introduction Resource Nationalism and the Political Economy of Energy Policy -- Part I. Energy Policy and Resource Nationalism -- Chapter One The Parameters of Nationalism and Energy Policy -- Chapter Two The Paths to Diverse Partnerships in the Context of Resource Nationalism -- Chapter Three Explaining Oil and Gas Policy -- Part II. Venezuela Case Study -- Chapter Four Venezuela’s Political Economy, 1989– 2016 -- Chapter Five Scoring the Variables -- Chapter Six Explaining Energy Policy Under a Collapsing Punto Fijo -- Chapter Seven Energy Policy in the Bolivarian Revolution -- Conclusions Resource Nationalism and Energy Policy -- NOTES -- BIBLIOGRAPHY -- INDEX