The Political Economy of Oil Production in Latin America
November 18, 2008 | Osmel Manzano, Francisco J. Monaldi
Table of Contents
Author(s)
Osmel Manzano
Principal Economist, Inter-American Development BankFrancisco J. Monaldi
Fellow in Latin American Energy Policy | Director, Latin America Energy ProgramThe 1990s witnessed a significant increase in investments in the oil and gas sector in Latin America. Recently, however, the region has experienced a new wave of resource nationalism, with increases in the government's take and state control. This recent trend is largely the outcome of the rise in the international oil price.
Read the full article in Economía.