The Political Economy of Strengthening Resource Control in Hydrocarbon-Rich States: Incentives, Constraints, and State Strategies in Eurasia

• In Event: Bureaucracy, State and What it Does to People

Brief Overview

This paper explains why Eurasian hydrocarbon states developed divergent resource-control strategies toward Western oil capital. It proposes an incentive–constraint framework modeled as a dynamic game between host governments and foreign firms.

Author

• Zitong Yang, Tsinghua University