The Sovereign Entrepreneur: Oil Policies in Advanced and Less Developed Capitalist Countries

Capitalist governments around the world, however strongly they profess free market principles, have become deeply involved in the international market for petroleum. What success have they had as oil entrepreneurs, and what do their achievements and failures tell us about the nature of the state? In The Sovereign Entrepreneur, Merrie Gilbert Klapp develops a compelling comparative logic of state oil entrepreneurship. Drawing upon dozens of interviews with policymakers and company executives...