Recent developments in the oil kingdoms of the Middle East demonstrate that rentier governments are engaging their citizens with energy policymaking in ways that do not follow rentier state theory, writes fellow Jim Krane.
Indigenous natural resource wealth can provide a basis for robust economic development and broad macroeconomic development, especially when there is appropriate governance and robust legal and regulatory institutions. But a lack of institutional fortitude in many regions around the world has contributed to failure to translate resource wealth into broader macroeconomic wealth.
Key industry practices followed by international oil and gas companies, if adequately implemented by Pemex, may complement Mexico's energy plan to help recognize areas of opportunity for Pemex, the authors write.
Hurricane surge flooding is often overlooked in Houston, yet it poses a significant threat to the region in the form of property damage and a potentially massive loss of life. Rice faculty scholar Jim Blackburn outlines this problem and possible solutions to mitigate surge flooding.
The author gives an overview of the USMCA's implications for Mexico, finding that while challenges remain for the U.S.-Mexico relationship, the possibility of the trade agreement going into effect by 2020 should greatly reduce uncertainties about the future of North American trade.
A newly released study from the Project on Middle East Political Science at George Washington University includes a contribution from fellow Jim Krane on subsidy reform and tax increases in the Middle East.
Saudi Arabia’s massive hydrocarbon endowment and ownership of Islamic holy sites have created a unique political economy. In this research paper, energy fellow Jim Krane explores established policy practices and assesses Saudi Arabia’s emerging strategy for future participation in the oil business.
This report highlights the results from an expert survey carried out as part of a two-year research project on pluralism and inclusion in the post-Arab Spring regional landscape, funded by the Carnegie Corporation of New York.
The survey generated policy-relevant responses that provide nuanced insight into key public policy challenges in Gulf countries that — Bahrain apart —did not experience significant political upheaval after 2011 but nevertheless could see economic (un)sustainability develop into major determinants of political (in)stability in the years ahead.
Nobody can ensure that the economic gamble underlying the 2013–2014 energy reform will achieve the desired or expected success. However, the author presents evidence demonstrating that Mexico has gradually been building the institutions that will be able to perform governmental operations with reasonable effectiveness.
