Download or read book Venezuela written by Juan Carlos Boué and published by . This book was released on 1993 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first book in a new series on oil exporting countries, Venezuela: the Political Economy of Oil is indispensable for all observers of the world oil market. As the founding member of OPEC, Venezuela continues to hold a central position in the world petroleum market. Its national oil company, PdVSA, the third largest oil company in the world, is pursuing a revolutionary policy of external acquisitions in developed countries. At the same time, there are early signs of a shift in its attitudes towards allowing foreign investment. This study provides a comprehensive and masterly analysis of the Venezuelan oil industry within the context of the political economy of the country. In particular, Boue considers the potential reserves of the Orinco Oil Basin, the environmental challenges facing Venezuela's oil industry, and the uncertain future of orimulsion, a possibly revolutionary new fuel. In light of two attempted military coups in 1992, this study assesses the prospects for the Venezuelan oil industry in the near and longer-term future.
Download or read book The Political Economy of Venezuelan Oil written by Laura Randall and published by Praeger. This book was released on 1987-11-17 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Political Economy of Venezuelan Oil describes the historic role of multinationals in establishing the oil industry there and the resulting coordination of an integrated, nationalized industry. Randall posits that the nationalization of the Venezuelan oil industry was strikingly different from that in Brazil and Mexico. Besides giving a detailed description of the structure and management of this industry, she also provides a history of labor conditions and an analysis of the impact of the oil industry on Venezuela's overall economy.
Download or read book The Political Economy of Mexican Oil written by Laura Randall and published by Praeger. This book was released on 1989-12-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work follows upon the author's previous volume, The Political Economy of Venezuelan Oil, and investigates the general workings of the Mexican oil industry in relationship to the economics and politics of Mexico. Specifically the author examines Mexico's state-run oil concern, PEMEX, and the costs and benefits of Mexican oil policy--for the nation as a whole and for special groups. Using in-depth interviews and extensive data from PEMEX and other sources, Randall explores issues such as PEMEX's relationships with workers and the oil union, with suppliers of capital goods and services, with the regions in which oil is produced, and with specific groups of oil consumers. Given the critical and negative publicity PEMEX has received over its lifetime, Randall also seeks to answer questions regarding the extent of corruption, overstaffing, and lax management within PEMEX, which she finds to be less than is often alleged. Students of energy and development economics will find Randall's study an important contribution to the literature of Latin American economic policy. In addition to examining the internal workings of PEMEX, Randall describes and analyzes measures taken to correct earlier abuses and to increase efficiency. She reveals the intricate relationships among Mexican oil production, OPEC, the United States, and other nations, and explores the contradictory aspects of Mexican economic and oil policies that inhibit the ability of the oil industry to reach official goals. Throughout, Randall traces the transformation of PEMEX from a nationalized industry that mainly produced crude oil for export to one that has expanded to include refined products and petrochemicals. As a result of this expansion, Randall demonstrates, PEMEX has had a major impact both on the market for labor and capital goods and on the regions in which it operates. Her conclusions regarding the current and future prospects for PEMEX have important implications for the study of economic and energy development throughout the Third World.
Download or read book The Political Economy of the Venezuelian Oil Industry written by Sebastian Plappert and published by GRIN Verlag. This book was released on 2010-08-17 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2007 in the subject Politics - Topic: Globalization, Political Economics, grade: Distinction, Macquarie University, course: IRPG 849 International Political Economy, language: English, abstract: This paper will explore and analyse the connections between political power, the mode of oil production in Venezuela and its implications internationally. Special focus will be put on the changing position of multinational corporations and the role of the state in shaping the economic framework.
Download or read book From Windfall to Curse written by Jonathan Di John and published by Penn State Press. This book was released on 2015-12-21 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the discovery of abundant oil resources in the 1920s, Venezuela has had an economically privileged position among the nations of Latin America, which has led to its being treated by economic and political analysts as an exceptional case. In her well-known study of Venezuela’s political economy, The Paradox of Plenty (1997), Stanford political scientist Terry Karl argued that this oil wealth induced extraordinary corruption, rent-seeking, and centralized intervention that resulted in restricting productivity and growth. What this and other studies of Venezuela’s economy fail to explain, however, is how such conditions have accompanied both growth and stagnation at different periods of Venezuela’s history and why countries experiencing similar levels of corruption and rent-seeking produce divergent developmental outcomes. By investigating the record of economic development in Venezuela from 1920 to the present, Jonathan Di John shows that the key to explaining why the economy performed much better between 1920 and 1980 than in the post-1980 period is to understand how political strategies interacted with economic strategies—specifically, how politics determined state capacity at any given time and how the stage of development and development strategies affected the nature of political conflicts. In emphasizing the importance of an approach that looks at the political economy, not just at the economy alone, Di John advances the field methodologically while he contributes to a long-needed history of Venezuela’s economic performance in the twentieth century.
Download or read book The Political Economy of Brazilian Oil written by Laura Randall and published by Praeger Publishers. This book was released on 1993 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book in English about Brazil's largest firm, Petroleo Brasileiro, S.A., PETROBRAS, the state-owned monopoly oil firm. The work provides a history and analysis of PETROBRAS' organization, administration, operations, and efficiency. It analyzes its labor relations; the development of its suppliers of capital goods and research; and its impact on the economy and environment in Brazil. The study compares and contrasts PETROBRAS to the state-owned oil firms of Mexico and Venezuela, including current information regarding their organization. And it examines the trend toward reorganization and privatization as it has affected PETROBRAS and similar state-owned monopolies. This study completes Laura Randall's examination of the oil producers of Latin America, begun with The Political Economy of Venezuelan Oil and followed by The Political Economy of Mexican Oil. It will be of interest to scholars and industry experts in energy economics and Latin American studies.
Download or read book Dragon in the Tropics written by Javier Corrales and published by Rowman & Littlefield. This book was released on 2011-02-01 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since he was first elected in 1999, Venezuelan President Hugo Chávez Frías has reshaped a frail but nonetheless pluralistic democracy into a semi-authoritarian regime—an outcome achieved with spectacularly high oil income and widespread electoral support. This eye-opening book illuminates one of the most sweeping and unexpected political transformations in contemporary Latin America. Based on more than fifteen years' experience in researching and writing about Venezuela, Javier Corrales and Michael Penfold have crafted a comprehensive account of how the Chávez regime has revamped the nation, with a particular focus on its political transformation. Throughout, they take issue with conventional explanations. First, they argue persuasively that liberal democracy as an institution was not to blame for the rise of chavismo. Second, they assert that the nation's economic ailments were not caused by neoliberalism. Instead they blame other factors, including a dependence on oil, which caused macroeconomic volatility; political party fragmentation, which triggered infighting; government mismanagement of the banking crisis, which led to more centralization of power; and the Asian crisis of 1997, which devastated Venezuela's economy at the same time that Chávez ran for president. It is perhaps on the role of oil that the authors take greatest issue with prevailing opinion. They do not dispute that dependence on oil can generate political and economic distortions—the "resource curse" or "paradox of plenty" arguments—but they counter that oil alone fails to explain Chávez's rise. Instead they single out a weak framework of checks and balances that allowed the executive branch to extract oil rents and distribute them to the populace. The real culprit behind Chávez's success, they write, was the asymmetry of political power.
Download or read book The Impact of Venezuelan Oil and International Corporations on the Political Economy of the Netherlands Antilles written by Clark Gomes Casseres and published by . This book was released on 1971 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Rise and Fall of the Oil Nation Venezuela written by Carlos A. Rossi and published by Springer Nature. This book was released on 2023-12-28 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains why Venezuela is so rich in natural resources—it has been producing oil since 1922 and harbors the largest oil reserves in the world—and yet it is also a failed nation of class-divided citizens exhibiting deep poverty in a corrupt, incompetent state. Venezuela is a bipolar nation, where two marked poles in the society exist which have historical origins and are mutually exclusive. The book provides a critical analysis of Venezuela's history, economy and politics and explains the context and implications of the bipolar poles, known as the elite pole and the resentful pole. Both, it shows, have done serious harm to Venezuela’s prosperity. The author describes the vicious circle of oil wealth, corruption, inefficiency and world market dependency and gives recommendations for a better future.
Download or read book From Windfall to Curse written by Jonathan DiJohn and published by . This book was released on 2009 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Examines the political economy of growth in Venezuela since the discovery of oil in 1920"--Provided by publisher.
Download or read book Rent Seeking Institutions and Commitment the Political Economy of Foreign Investment in the Venezuelan Oil Industry written by Francisco Monaldi and published by . This book was released on 2002 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation explores an alternative type of commitment mechanism to attract foreign capital based on external enforcement of the investment deal using offshore assets and future export revenues as hostages . The key feature of this institutional arrangement is that it makes government reneging costly and provides effective third-party external enforcement to the deal.
Download or read book Venezuela Before Ch vez written by Ricardo Hausmann and published by Penn State Press. This book was released on 2015-06-13 with total page 549 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the beginning of the twentieth century, Venezuela had one of the poorest economies in Latin America, but by 1970 it had become the richest country in the region and one of the twenty richest countries in the world, ahead of countries such as Greece, Israel, and Spain. Between 1978 and 2001, however, Venezuela’s economy went sharply in reverse, with non-oil GDP declining by almost 19 percent and oil GDP by an astonishing 65 percent. What accounts for this drastic turnabout? The editors of Venezuela Before Chávez, who each played a policymaking role in the country’s economy during the past two decades, have brought together a group of economists and political scientists to examine systematically the impact of a wide range of factors affecting the economy’s collapse, from the cost of labor regulation and the development of financial markets to the weakening of democratic governance and the politics of decisions about industrial policy. Aside from the editors, the contributors are Omar Bello, Adriana Bermúdez, Matías Braun, Javier Corrales, Jonathan Di John, Rafael Di Tella, Javier Donna, Samuel Freije, Dan Levy, Robert MacCulloch, Osmel Manzano, Francisco Monaldi, María Antonia Moreno, Daniel Ortega, Michael Penfold, José Pineda, Lant Pritchett, Cameron A. Shelton, and Dean Yang.
Download or read book Venezuela Oil and Politics written by Rómulo Betancourt and published by Boston : Houghton Mifflin. This book was released on 1979 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Oil and the American Century written by David S. Painter and published by Baltimore : Johns Hopkins University Press. This book was released on 1986 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Political Economy of Oil written by Ferdinand E. Banks and published by Free Press. This book was released on 1980 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Political Economy of International Oil and the Underdeveloped Countries written by Michael Tanzer and published by Boston : Beacon Press. This book was released on 1969 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph on economic implications for developing countries of the activities of multinational enterprises of the petroleum industry, with particular reference to Iraq, India, Mexico, China and parts of Latin America - covers political aspects, trade problems, monopolys, ownership and location of industry, financial aspects, transportation costs and prices, industrial policy in respect of oil, the role of USA, the role of USSR, etc. References and statistical tables.
Download or read book The Political Economy of Petrodollars written by Terry Lynn Karl and published by . This book was released on 1982 with total page 650 pages. Available in PDF, EPUB and Kindle. Book excerpt:
