Resource Nationalism: From Spanish Roots to an Arab Tree
Brown Bag Lunch
Series: Dubai Initiative Seminar
Open to the Public - Belfer Center Library, Littauer-369
April 19, 2011
|Speaker:||Justin Dargin, Fellow, Dubai Initiative|
Related Project: Dubai Initiative
This presentation will discuss the myriad ways that oil and gas producing nations practice resource nationalism in the legal, political, and economic realms. “Resource nationalism” is not amenable to a single workable definition. Yet, there is the common understanding that resource nationalism, as with any other form of protectionism, feeds off the public’s misgivings about foreign involvement in a strategic sector. Lurking behind calls for enhanced host country control over natural resources are allegations of “neocolonialism” and “imperialism” perpetrated by the Global North on the resources of the South.
This presentation will examine the history of resource nationalism, from its origin in Spanish colonial philosophy to its more modern articulations. While resource nationalism covers a broad range of commodities, special focus will be given to the energy sector. Particular attention will also be paid to whether resource nationalism is simply a cyclical phenomenon that ebbs and flows in conjunction with the international pricing framework of oil and natural gas. The presentation will also review various past and present energy cartels to analyze how successful they have been and whether a new model is needed.
The Dubai Initiative
Kennedy School of Gov't
79 JFK Street, Box 134
Cambridge, MA 02139
Belfer Center for Science and International Affairs