The Sovereign Entrepreneur : : Oil Policies in Advanced and Less Developed Capitalist Countries / / Merrie Gilbert Klapp.

Capitalist governments around the world, however strongly they profess free market principles, have become deeply involved in the international market for petroleum. What success have they had as oil entrepreneurs, and what do their achievements and failures tell us about the nature of the state? In...

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Superior document:Title is part of eBook package: De Gruyter Cornell University Press Archive Pre-2000
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Place / Publishing House:Ithaca, NY : : Cornell University Press, , [2019]
©1987
Year of Publication:2019
Language:English
Series:Cornell Studies in Political Economy
Online Access:
Physical Description:1 online resource (256 p.)
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Other title:Frontmatter --
Contents --
Preface --
CHAPTER ONE. The Struggle for Control of National Oil --
CHAPTER TWO. A Statist Perspective on Public Enterprise in Petroleum Resource Management --
CHAPTER THREE. Oil Policy Options --
CHAPTER FOUR. A Statist Interpretation of Oil Policy Choices --
CHAPTER FIVE. The Sovereign Entrepreneur Model: Implications for Other Countries --
CHAPTER SIX. Contrasting Perspectives on the Role of the State --
Notes --
List of Informants --
Index
Summary:Capitalist governments around the world, however strongly they profess free market principles, have become deeply involved in the international market for petroleum. What success have they had as oil entrepreneurs, and what do their achievements and failures tell us about the nature of the state? In The Sovereign Entrepreneur, Merrie Gilbert Klapp develops a compelling comparative logic of state oil entrepreneurship. Drawing upon dozens of interviews with policymakers and company executives in Norway, Britain, Indonesia, and Malaysia, Klapp addresses a little understood determinant of policy—the pivotal bargaining power that domestic and international interests wield in different countries. Advanced capitalist countries, she finds, have generally not achieved their goals in the oil sector; they have been constrained by powerful, well-organized domestic interests. Less developed countries, by contrast, have faced little opposition at home, but the international banks and the multinationals have severely limited their attempts to expand into the global petroleum market. klapp argues that bureaucratic and domestic politics, not just economics, underlie the varying success of different countries in the marketplace.
Format:Mode of access: Internet via World Wide Web.
ISBN:9781501745225
9783110536171
DOI:10.7591/9781501745225
Access:restricted access
Hierarchical level:Monograph
Statement of Responsibility: Merrie Gilbert Klapp.