We analyse fiscal policy responses in oil rich countries by developing a Bayesian regimes-witching panel country analysis. We use parameter restrictions to identify procyclical and countercyclical fiscal policy regimes over the sample in 23 OECD and non-OECD oil producing countries. We find that...

Introduction -- A Primer on the Oil Industry -- The Legacy of Oil: 1858-2000 -- The Oil Market, 2000-2014: Rising Prices and the Perils of Profit -- The Politics, Geopolitics, and Global Governance of Oil: 2000-2014 -- The Politics and Markets of a Price Fall: 2014-2019 -- 2020 and Beyond: Oil...

Properties of petroleum -- Petroleum knowledge -- Calculating technologies in crisis -- What kind of oil worker does an oil industry require to survive? -- Assembling intractability: managing nationalism, combating nationalization -- Long-distance machineries of oil -- Conclusion : petroleum...

Chapter 7 of Geo-Economics: The Interplay between Geopolitics, Economics, and Investments focuses on globally connected economies, the economic damage caused by successful cyber attacks, and the potential impact of a large-scale cyber attack. Could a successful cyber attack cause a prolonged...

This report assesses the role of fiscal rules for countercyclical economic management in Kazakhstan and simulates the behavior of different types of fiscal rules. The work represents technical assistance to the ministry of economy and budget planning and has been financed by the joint economic...

After opening up of the Interconnector, the liberalized UK natural gas market and the regulated Continental gas markets became physically integrated. The oil-linked Continental gas price became dominant, due to both the large volume of the Continental market and to the fact that the significant...

"No sector has been as vital as oil to the Russian economy since Vladimir Putin came to power. The longest serving leader since Stalin, Putin has presided during a period of relative economic prosperity driven largely by booming oil windfalls. Oil in Putin’s Russia offers an in-depth...

Introduction -- The nature of a political resource -- Capturing oil -- Marketing oil -- Living with oil -- Securing oil -- Developing through oil -- Governing oil -- Better and beyond: the future of oil