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The Transformation of the Global Oil Industry and its Impact on International Relations

Appleyard, James

International Journal, September 1994, Vol.49(3), pp.635-672 [Periódico revisado por pares]

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  • Título:
    The Transformation of the Global Oil Industry and its Impact on International Relations
  • Autor: Appleyard, James
  • Assuntos: History & Archaeology ; International Relations
  • É parte de: International Journal, September 1994, Vol.49(3), pp.635-672
  • Descrição: THIS ARTICLE DISCUSSES THE TRANSFORMATION OF OWNERSHIP AND CONTROL IN THE OIL INDUSTRY SINCE THE FIRST OIL SHOCK OF 1973-74 AND EXPLORES THE IMPACT OF THAT CHANGE ON INTERNATIONAL RELATIONS. IT ARGUES THAT STRUCTURAL CHANGES IN THE INDUSTRY AFFECT INTERSTATE RELATIONS IN WAYS THAT ARE OF CENTRAL CONCERN TO THE DISCIPLINE OF INTERNATIONAL RELATIONS. IT ALSO ARGUES THAT STUDENTS OF INTERNATIONAL RELATIONS WHO ARE CONCERNED WITH THE DISTRIBUTION OF POWER AND RESOURCES THROUGHOUT THE INTERNATIONAL SYSTEM CANNOT AFFORD TO IGNORE THE ENORMOUS CHANGES THAT HAVE TAKEN PLACE IN THE OIL INDUSTRY. A KEY CHANGE IS THE SHIFT IN THE BALANCE OF CONTROL OF THE OIL INDUSTRY FROM THE PRIVATELY OWNED WESTERN COMPANIES TO THE PUBLICLY OWNED NATIONAL OIL COMPANIES OF PRODUCER STATES. THUS, A GROWING NUMBER OF STATES MUST BE CONSIDERED AS BEHAVING MUCH LIKE "FIRMS" IN A COMPETITIVE MARKET. THE NEW INTERNATIONAL OIL ORDER BOTH CONSTRAINS AND PROVIDES OPPORTUNITIES FOR THESE "STATE FIRMS."
  • Idioma: Inglês

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