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 Core Topics in Vascular Anaesthesia by Llewelyn Hughes
Cover of the book Teaching Contested Narratives by Llewelyn Hughes
Cover of the book Kernel Methods for Pattern Analysis by Llewelyn Hughes
Cover of the book Rights and Retrenchment by Llewelyn Hughes
Cover of the book Interdisciplinary Perspectives on International Law and International Relations by Llewelyn Hughes
Cover of the book Data Structures and Algorithms Using C# by Llewelyn Hughes
Cover of the book Gendering European Working Time Regimes by Llewelyn Hughes
Cover of the book Biogeochemical Dynamics at Major River-Coastal Interfaces by Llewelyn Hughes
Cover of the book Thucydides by Llewelyn Hughes
Cover of the book American Literature in Transition, 1970–1980 by Llewelyn Hughes
Cover of the book Money for Votes by Llewelyn Hughes
Cover of the book The Application of the Precautionary Principle in Practice by Llewelyn Hughes
Cover of the book Optical Coherence and Quantum Optics by Llewelyn Hughes
Cover of the book Radio Systems Engineering by Llewelyn Hughes
Cover of the book Carnap, Quine, and Putnam on Methods of Inquiry 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