£87.00

Cambridge University Press Oil Is Not a Curse: Ownership Structure and Institutions in Soviet Successor States (Cambridge Studies in Comparative Politics)

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£87 today · all-time low £85 (May 2026) · usually the usual

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£89.99 £84.49 £85.69 £86.89 £88.09 £89.29 £90.49 09 May 2026 22 May 2026 04 June 2026 17 June 2026 01 July 2026

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2 days 18 days · current 34 days 0 9 17 26 34 £85 £87 £90 Days at Price

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Most common price: £90 (34 days, 63.0%)

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Description

This book makes two central claims: first, that mineral-rich states are cursed not by their wealth but, rather, by the ownership structure they choose to manage their mineral wealth and second, that weak institutions are not inevitable in mineral-rich states. Each represents a significant departure from the conventional resource curse literature, which has treated ownership structure as a constant across time and space and has presumed that mineral-rich countries are incapable of either building or sustaining strong institutions - particularly fiscal regimes. The experience of the five petroleum-rich Soviet successor states (Azerbaijan, Kazakhstan, the Russian Federation, Turkmenistan, and Uzbekistan) provides a clear challenge to both of these assumptions. Their respective developmental trajectories since independence demonstrate not only that ownership structure can vary even across countries that share the same institutional legacy but also that this variation helps to explain the divergence in their subsequent fiscal regimes.

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