
The Kuwait Petroleum Corporation and the Economics of the New World Order
- 248 pages
- English
- PDF
- Available on iOS & Android
The Kuwait Petroleum Corporation and the Economics of the New World Order
About this book
Economic and strategic power is not the exclusive province of powerful, developed countries. Kuwait has used its main resource, oil, to integrate itself into the world economy as an autonomous actor rather than as a dependent commodity exporter. This daring economic strategy enabled Kuwait to claim military support from governments hosting its direct investments overseas in 1990-91 following its invasion by Iraq. Based on five years of research, including interviews with more than 200 people, Dr. Tetreault's book analyzes the development of the Kuwait Petroleum Corporation in the context of domestic, regional, and world politics. Contrary to current thinking, she argues that multinational vertical integration under state ownership can be an optimal strategy for oil-exporting, developing countries, particularly those whose resource endowments are otherwise highly limited. This book is directed toward executives in natural resource industries, economic and strategic planners in public and private institutions, and those charged with the formulation and implementation of national, international, and transnational economic policy; in addition, it is of interest to academics specializing in political economy, development, industrial organization, regional and domestic politics, and international relations.
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Information
Table of contents
- Contents
- Acknowledgments
- Acronyms
- 1. Introduction
- 2. Strategy and Politics
- 3. Foreign Investments I: Swimming Upstream
- 4. Foreign Investments II: Sailing Downstream
- 5. Foundations
- 6. War and Reconstruction
- 7. Culture and Interests
- 8. KPC and the New World Order
- Bibliography
- Index