Title
The Paradox of Plenty: Oil Booms and PetroStates (Studies in International Political Economy),Used
Delivery time: 8-12 business days (International)
The Paradox of Plenty explains why, in the midst of two massive oil booms in the 1970s, oilexporting governments as different as Venezuela, Iran, Nigeria, Algeria, and Indonesia chose common development paths and suffered similarly disappointing outcomes. Meticulously documented and theoretically innovative, this book illuminates the manifold factorseconomic, political, and socialthat determine the nature of the oil state, from the coherence of public bureaucracies, to the degree of centralization, to patterns of policymaking.Karl contends that oil countries, while seemingly disparate, are characterized by similar social classes and patterns of collective action. In these countries, dependence on petroleum leads to disproportionate fiscal reliance on petrodollars and public spending, at the expense of statecraft. Oil booms, which create the illusion of prosperity and development, actually destabilize regimes by reinforcing oilbased interests and further weakening state capacity.Karl's incisive investigation unites structural and choicebased approaches by illuminating how decisions of policymakers are embedded in institutions interacting with domestic and international markets. This approachwhich Karl dubs 'structured contingency'uses a state's leading sector as the starting point for identifying a range of decisionmaking choices, and ends by examining the dynamics of the state itself.
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We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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