A Paradox of Plenty? Rent Distribution and Political Stability in Oil States

Basedau, Matthias; Lacher, Wolfram

doi:10.2139/ssrn.909189

Cited by 23 publications

(14 citation statements)

References 40 publications

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“…In this way, the democratization process fails to bring "real" changes in the top of executive. For instance, in Gabon, oil revenues involve corruption of high officials and political and opinion leaders (Basedau & Lacher, 2006). Corruption allows the perpetuation of clientelism networks centered on President Bongo.…”

Section: Interpreting the Resultsmentioning

confidence: 99%

On the Duration of Political Power in Africa

Omgba

2008

Comparative Political Studies

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It is often underlined that African oil-producing countries are politically unstable as a result of the role that this resource can play in political incentives. Based on data documenting the duration in office of heads of state of 26 African countries (North Africa and sub-Saharan Africa), this study reveals a surprising twist on the conventional wisdom: The purported instability of African oil-producing countries does not appear to extend to the executive branch of the state. Conversely, using survival analysis, this research suggests a positive link between oil rents and the duration in office of African leaders. Findings also reveal that other mineral rents do not exhibit the same stabilizing effect. The author's interpretation of these results is grounded in an analysis of the practicalities of oil investment and the strategic aspect of oil.

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Section: Interpreting the Resultsmentioning

confidence: 99%

On the Duration of Political Power in Africa

Omgba

2008

Comparative Political Studies

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“…As Davis [10] notes, "When the entire set of mineral economies is examined, the heterogeneity and inter-temporal variability of their performances prevents any useful typification". For them, the problems associated with mineral dependence are political rather than economic and they can be linked to the capacity of governments and society to respond to large windfall revenues from mineral production.…”

Section: Empirical Literaturementioning

confidence: 99%

The Impact of Extractive Industry on Sierra Leone Economy: (Implication for Poverty Reduction)

Faroh¹

2019

JBED

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Extractive industry which consists of agriculture, mineral and hydrocarbon products such as gold, phosphates, diamonds, oils, gas, etc. The industry is the economic block for many developing countries; in some cases this industry constitutes the sole source of fiscal revenues, foreign exchange earnings and surpluses to finance the needed socioeconomic development. This paper used different approach by taking the entire extractive industry and examining its impact on economic growth and also the link between resource revenue and poverty reduction. This study used multivariate regression techniques in econometric to analyze time series data for period of forth nine years (49) from 1964 to 2012, using quantitative and explanatory research approach, both E-view and Stata Software were used to analyzed the data, the necessary diagnostic tests associated with time series data were carried out in order to make the results reliable and valuable. Our results indicate a positive relationship between resource wealth and economic growth. The finding appears robust in the sense that it remains significant in growth model after controlling for a variable like population; we find that the effect remains the same. The exchange rate is significant, meaning that exchange rate volatility is key factor affecting the growth rate of the economy of Sierra Leone. The domestic savings is significant, and shows a positive relationship with economic growth, as many empirical literatures shows that savings and investment are good for economic growth, this finding has been proven in our case here for Sierra Leone. The population variable is significant with positive sign, meaning that population can contribute to economic growth positively, especially when the labor force is provided with adequate training and skills. Finally, we conclude by accepting the null hypothesis; that extractive resources particularly the hydrocarbon and other mines resources have a positive relationship with economic growth. Some policy recommendations are; The Government should promote and enforced mineral resources revenue stabilization and reducing fiscal imbalances, Encouraging mining companies to behave in a more social and corporate responsible manner with a view to improving the social relevance of mining. The government through the central bank and the ministry of finance should direct policy towards inflation and exchange rate volatility. The government should maintain all the principles and guidelines and strictly follow the Extractive Industry Transparency Initiative (EITI) rules.

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“…The second involves a patronage‐based system more commonly linked with the occurrence of violence. Qatar and Kuwait fall under the former (Basedau and Lacher ).…”

Section: Theory Data and Methodologymentioning

confidence: 99%

A Preliminary Comparative Study of Policy Making in Two GCC Countries—Qatar and Kuwait: Processes, Politics, and Participants

Khodr

2014

Politics & Policy

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Drawing from extensive fieldwork and a rich literature on policy dynamics, I offer a preliminary comparative analysis of the policy process in Qatar and Kuwait focusing mainly on the participants. I assess the broad outlines of politics and power in decision‐making processes in the Gulf Cooperation Council (GCC) while suggesting means of making them more efficient, representative, and responsive to the needs of citizens. This is the first academic article investigating similarities and differences through a systematic analysis of the policy participants in these two countries and their role in the policy‐making process; few studies analyze comparatively the dynamics of policy making in the GCC. Considering the emerging need for governments to develop and implement better processes and increase public participation in government decisions as the result of the Arab revolutions, this article provides recommendations for Qatar and Kuwait, with potential application in the region.

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A Paradox of Plenty? Rent Distribution and Political Stability in Oil States

Cited by 23 publications

References 40 publications

On the Duration of Political Power in Africa

On the Duration of Political Power in Africa

The Impact of Extractive Industry on Sierra Leone Economy: (Implication for Poverty Reduction)

A Preliminary Comparative Study of Policy Making in Two GCC Countries—Qatar and Kuwait: Processes, Politics, and Participants

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