Category Global Political Economy

The Promise – and Pitfalls – of State-led Development in Resource-rich Countries: Resource Nationalism in Latin America and Beyond


Originally posted on Developing Economics:
The eclipse of neoliberalism in 2000s coincided with the so-called commodity ‘super cycle’ that lasted between 2002 and 2012. In search of a new model, resource-rich states began to articulate resource nationalism as a development strategy. While ownership and control of minerals and hydrocarbons are intricately tied to claims of…

Debating the oil fund


Norway is about to debate what to do with their US$ 840 billion oil fund – that is, to continue investing in oil, gas and coal companies or to think about using the third largest sovereign wealth fund in the world towards sustainable energy transition. Mr. Petter Jonssen, Norway’s fund manager in equity markets who control […]