{"product_id":"the-oil-curse-how-petroleum-wealth-shapes-the-development-of-nations-9780691159638","title":"The Oil Curse: How Petroleum Wealth Shapes the Development of Nations","description":"\u003cp\u003e\u003cb\u003eExplaining--and solving--the oil curse in the developing world\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eCountries that are rich in petroleum have less democracy, less economic stability, and more frequent civil wars than countries without oil. What explains this oil curse? And can it be fixed? In this groundbreaking analysis, Michael L. Ross looks at how developing nations are shaped by their mineral wealth--and how they can turn oil from a curse into a blessing. \u003cp\u003e\u003c\/p\u003eRoss traces the oil curse to the upheaval of the 1970s, when oil prices soared and governments across the developing world seized control of their countries' oil industries. Before nationalization, the oil-rich countries looked much like the rest of the world; today, they are 50 percent more likely to be ruled by autocrats--and twice as likely to descend into civil war--than countries without oil. \u003cp\u003e\u003c\/p\u003e\u003ci\u003eThe Oil Curse\u003c\/i\u003e shows why oil wealth typically creates less economic growth than it should; why it produces jobs for men but not women; and why it creates more problems in poor states than in rich ones. It also warns that the global thirst for petroleum is causing companies to drill in increasingly poor nations, which could further spread the oil curse. \u003cp\u003e\u003c\/p\u003eThis landmark book explains why good geology often leads to bad governance, and how this can be changed.\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cb\u003eMichael L. Ross\u003c\/b\u003e is professor of political science and director of the Center for Southeast Asian Studies at the University of California, Los Angeles. He has published widely on the politics of resource-rich countries and served on advisory boards for the World Bank, the Revenue Watch Institute, and the Natural Resource Charter. His work has appeared in \u003ci\u003eForeign Affairs\u003c\/i\u003e, \u003ci\u003eForeign Policy\u003c\/i\u003e, and the \u003ci\u003eNew York Times\u003c\/i\u003e, and has been featured in the \u003ci\u003eWashington Post\u003c\/i\u003e, \u003ci\u003eNewsweek\u003c\/i\u003e, and many other publications. In 2009, he received the Heinz Eulau Award from the American Political Science Association.\u003cbr\u003e","brand":"Princeton University Press","offers":[{"title":"Default Title","offer_id":50514312954130,"sku":"9780691159638","price":27.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_83f7cf40-91eb-4b78-9733-eab302dc1b33.jpg?v=1730979247","url":"https:\/\/surprise-castle.myshopify.com\/products\/the-oil-curse-how-petroleum-wealth-shapes-the-development-of-nations-9780691159638","provider":"Surprise Castle","version":"1.0","type":"link"}