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Lecture

Lecture- Oil, IPE, and the Gulf.docx

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Department
Political Science
Course Code
POLI 341
Professor
Julie Norman

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Lecture: Oil, IPE, and the Gulf
In the news this week
the US has been operating a base out of Saudi Arabia
OPEC
Founding members: Iran, Iraq, Kuwait, Saudi Arabia, Venezuela
seek sovereignty over resources
state response to influence of "Seven Sisters"
now includes: Algeria, Libya, Qatar, UAE; also Angola, Nigeria, Ecuador
Iran, Iraq, Kuwait, Saudi Arabia, UAE = 65% of world oil reserves
Middle East production < capacity
coordinates oil production, prices, and policies
oil is not a competitive industry
So, how political is oil re state policy?
1973 Oil embargo….
Gulf States and the GCC
established in 1981
Bahrain, Kuwait, Oman, Qatar, UAQ, Saudi Arabia founded it
economic integration/cooperation?
security alliance/balance of threat?
protect from external threat?
domestic unrest?
changes in Gulf states?
Saudi Arabia
Bahrain
Qatar
Inter-Arab Relations: Haves and Have Nots
Oil-Rich
Oil-Pooor
new states
historic states
small states
large states
monarchies
republics
religious regime
secular regime
allocation (rentier)
production
rent sharing b/w states?
short-lived; political payoff not forthcoming
labour flow; remittances
power shift?
Political Economy and Oil: Rentier States
rentier state
depends on external capital (e.g. oil revenues) more than taxes
rentier states in Middle East
Gulf States, S. Arabia, Algeria, Libya, Iraq, Iran
non-rentier states?
external rent liberate states from domestic extraction (collecting taxes)
rentier states = allocation states (v. production states)
Rentier States

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Description
Lecture: Oil, IPE, and the Gulf In the news this week • the US has been operating a base out of Saudi Arabia OPEC • Founding members: Iran, Iraq, Kuwait, Saudi Arabia, Venezuela ◦ seek sovereignty over resources ◦ state response to influence of "Seven Sisters" • now includes: Algeria, Libya, Qatar, UAE; also Angola, Nigeria, Ecuador ◦ Iran, Iraq, Kuwait, Saudi Arabia, UAE = 65% of world oil reserves ◦ Middle East production < capacity • coordinates oil production, prices, and policies ◦ oil is not a competitive industry • So, how political is oil re state policy? ◦ 1973 Oil embargo…. Gulf States and the GCC • established in 1981 • Bahrain, Kuwait, Oman, Qatar, UAQ, Saudi Arabia founded it • economic integration/cooperation? • security alliance/balance of threat? ◦ protect from external threat? ◦ domestic unrest? • changes in Gulf states? ◦ Saudi Arabia ◦ Bahrain ◦ Qatar Inter-Arab Relations: Haves and Have Nots • Oil-Rich • Oil-Pooor • new states • historic states • small states • large states • monarchies • republics • religious regime • secular regime • allocation (rentier) • production • rent sharing b/w states? ◦ short-lived; political payoff not forthcoming • labour flow; remittances • power shift? Political Economy and Oil: Rentier States • rentier state ◦ depends on ex
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