The Oil Curse

List of Illustrations ix List of Tables xi Preface xiii Abbreviations xvii Country Abbreviations xix Chapter One: The Paradoxical Wealth of Nations 1 Appendix 1.1 A Note on Methods and Measurements 14 Chapter Two: The Trouble with Oil Revenues 27 Chapter Three: More Petroleum, Less Democracy 63 Appendix 3.1 A Statistical Analysis of Oil and Democracy 93 Chapter Four: Petroleum Perpetuates Patriarchy 111 Appendix 4.1 A Statistical Analysis of Oil and the Status of Women 132 Chapter Five: Oil-Based Violence 145 Appendix 5.1 A Statistical Analysis of Oil and Civil Conflict 178 Chapter Six: Oil, Economic Growth, and Political Institutions 189 Chapter Seven: Good News and Bad News about Oil 223 References 255 Index 281

Michael L. Ross is professor of political science and director of the Center for Southeast Asian Studies at the University of California, Los Angeles. He has published widely on the politics of resource-rich countries and served on advisory boards for the World Bank, the Revenue Watch Institute, and the Natural Resource Charter. His work has appeared in Foreign Affairs, Foreign Policy, and the New York Times, and has been featured in the Washington Post, Newsweek, and many other publications. In 2009, he received the Heinz Eulau Award from the American Political Science Association.

One of Choice?s Outstanding Academic Titles for 2012 "Economists have mostly shied away from full costings of the ecological and social devastation of oil use. Were they to do so with thoroughness and authority displayed by Ross in The Oil Curse, they might start to develop the new economic model for oil and other extractive industries that is so desperately needed."--John Vidal, Nature "[P]articularly timely... Ross has an easy style and his central points are made clearly."--Ed Crooks, Financial Times "[A]n excellent book ..."--Tyler Cowen, Marginal Revolution "The Oil Curse leads us into the hidden world of the oil business. It presents some surprising discoveries and provides important information in a very accessible way. It is the most up-to-date book on a timely and important topic."--Lisa Kaaki, Arab News "[S]tunning ..."--Johnny West, Huffington Post UK "Ross [is] to be applauded for advancing the conversation beyond reveling in the history of human extraction of resources to expressing sorrow for the negative impacts of mineral rushes, which most social science books in this genre tend to follow... Cautionary narratives such as th[is] ... are important for engineers and chemists to read to further hasten the search for solutions to resource scarcity dilemmas."--Saleem H. Ali, Chemical & Engineering News "Much has been written about the topic of how oil wealth hampers economic development as well as the building of institutions, but this book will help introduce a much wider audience to this issue. Ross has produced a comprehensive examination of the oil curse, analyzing data from 170 countries... [T]his is a valuable and accessible study of an important topic."--Choice "Michael Ross is an eminent political scientist, who distinguishes himself even further with this book... Ross's book is readable, and provides substance and nuance to the basic underlying story that resource revenues are hard to manage."--Mark Henstridge, Business Economist "His study