Globalizing Oil

Firms and Oil Market Governance in France, Japan, and the United States

Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Conditions, Business & Finance
Cover of the book Globalizing Oil by Llewelyn Hughes, Cambridge University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Llewelyn Hughes ISBN: 9781139862202
Publisher: Cambridge University Press Publication: January 16, 2014
Imprint: Cambridge University Press Language: English
Author: Llewelyn Hughes
ISBN: 9781139862202
Publisher: Cambridge University Press
Publication: January 16, 2014
Imprint: Cambridge University Press
Language: English

Oil is the world's most important commodity. It is also one of the most politicized, with national oil companies controlling most of the world's reserves. Contrary to conventional wisdom, Llewelyn Hughes shows that governments across the advanced industrial states responded to the politicization of oil in the 1970s by freeing prices, lowering barriers to trade, and privatizing national oil companies. How did this come about? And why do some governments continue to support domestic firms? In answering these questions, Hughes shows that the politicization of oil also led to a transformation in oil market governance by changing the balance of risk and opportunities facing firms. He also shows that their ability to benefit from this change was conditioned by previous attempts to shape the competitive landscape in their favor. Hughes' study has important implications not only for the politics of oil, but also for the study of economic liberalization.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Oil is the world's most important commodity. It is also one of the most politicized, with national oil companies controlling most of the world's reserves. Contrary to conventional wisdom, Llewelyn Hughes shows that governments across the advanced industrial states responded to the politicization of oil in the 1970s by freeing prices, lowering barriers to trade, and privatizing national oil companies. How did this come about? And why do some governments continue to support domestic firms? In answering these questions, Hughes shows that the politicization of oil also led to a transformation in oil market governance by changing the balance of risk and opportunities facing firms. He also shows that their ability to benefit from this change was conditioned by previous attempts to shape the competitive landscape in their favor. Hughes' study has important implications not only for the politics of oil, but also for the study of economic liberalization.

More books from Cambridge University Press

Cover of the book Carl Schmitt's International Thought by Llewelyn Hughes
Cover of the book The Mandrill by Llewelyn Hughes
Cover of the book Handbook of Research Methods in Social and Personality Psychology by Llewelyn Hughes
Cover of the book CMOS and Beyond by Llewelyn Hughes
Cover of the book Relative Clauses by Llewelyn Hughes
Cover of the book The Great Recession by Llewelyn Hughes
Cover of the book The Nativist Prophets of Early Islamic Iran by Llewelyn Hughes
Cover of the book Climate Justice and Historical Emissions by Llewelyn Hughes
Cover of the book Global Powers by Llewelyn Hughes
Cover of the book Shakespeare Survey: Volume 62, Close Encounters with Shakespeare's Text by Llewelyn Hughes
Cover of the book Christianity and Family Law by Llewelyn Hughes
Cover of the book A History of Islam in America by Llewelyn Hughes
Cover of the book Supersymmetric Field Theories by Llewelyn Hughes
Cover of the book Inequality by Llewelyn Hughes
Cover of the book The Cambridge Companion to Frege by Llewelyn Hughes
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy