Crude Calculations: Regime Stability, Economic Liberalization, and the Energy Transition

Oliver McPherson-Smith
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Crude Calculations: Regime Stability, Economic Liberalization, and the Energy Transition

Oliver McPherson-Smith
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Found in: History & Political Science, US History

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Overview

268 PAGESENGLISH

Promotional Details
  • Published date: Feb 19, 2026
  • Language: English
  • No. of Pages: 268
  • Publisher: Cambridge University Press
  • ISBN: 9781009580038
  • Dimensions: 1.0" W x 1.0" L x 1.0" H
‘Crude Calculations is an insightful analysis of the so-called resource curse, with a particular focus on energy commodities.  Comparing and contrasting Nigeria and the Kingdom of Saudi Arabia' s differing development paths, McPherson-Smith makes the case for how these two petrostates' attempts at economic reform are dependent on the oil market and that Nigeria's ability to reform is harder given its higher cost of oil production. The lessons learned from these two countries will be increasingly important as the world diversifies into more renewable forms of energy that are dependent on mineral extraction in different sovereign nations in the Global South.' The Honorable Jennifer D. J. Nordquist, former US Executive Director, The World Bank

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