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The Oil Curse How Petroleum Wealth Shapes the Development of Nations

By Michael L. Ross

"The Oil Curse is the best and most thorough examination that we have of the causes and consequences of oil wealth for poorly governed states. Oil revenues are massive, opaque, and volatile; they destroy the relationship between a state and its own citizens. Ross substantiates some of the common assertions about oil wealth, finds that others are incorrect, and offers some surprising discoveries. Very worth reading."–Stephen D. Krasner, Stanford University

"This important book brings new and timely insight into a key global phenomenon. High oil prices have triggered oil strikes concentrated in the poorest countries–the bottom billion. Will this time be different? Will oil drive transformation or cause a repeat of the history of plunder? Ross presents new research in an accessible style. Read it: understanding is the foundation for change."–Paul Collier, author of The Bottom Billion

"This is a masterful book. It provides a balanced and thoughtful overview of the wide variety of issues surrounding the politics of oil while also breaking new ground in research. The Oil Curse is essential reading for scholars and those engaged in public debates. An important contribution."–Robert Bates, Harvard University

"This is the single most important book on the resource curse to date. The Oil Curse addresses a timely, policy-relevant issue in a way that nonacademics and academic specialists alike can appreciate. Ross is the preeminent voice on the subject."–Erik Wibbels, Duke University

ISBN-13: 9780691159638
Publisher: Princeton University Press
Publication date: 9/8/2013
Edition description: Reprint
Pages: 312
Sales rank: 377935

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