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Oil Wealth and the Poverty of Politics

Author

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  • Lowi,Miriam R.

Abstract

How can we make sense of Algeria's post-colonial experience - the tragedy of unfulfilled expectations, the descent into violence, the resurgence of the state? Oil Wealth and the Poverty of Politics explains why Algeria's domestic political economy unravelled from the mid-1980s, and how the regime eventually managed to regain power and hegemony. Miriam Lowi argues the importance of leadership decisions for political outcomes, and extends the argument to explain the variation in stability in oil-exporting states following economic shocks. Comparing Algeria with Iran, Iraq, Indonesia and Saudi Arabia, she asks why some states break down and undergo regime change, while others remain stable, or manage to re-stabilise after a period of instability. In contrast with exclusively structuralist accounts of the rentier state, this book demonstrates, in a fascinating and accessible study, that political stability is a function of the way in which structure and agency combine.

Suggested Citation

  • Lowi,Miriam R., 2009. "Oil Wealth and the Poverty of Politics," Cambridge Books, Cambridge University Press, number 9780521113182.
  • Handle: RePEc:cup:cbooks:9780521113182
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    Cited by:

    1. Shabafrouz, Miriam, 2010. "Fuel for Conflict or Balm for Peace? Assessing the Effects of Hydrocarbons on Peace Efforts in Algeria," GIGA Working Papers 132, GIGA German Institute of Global and Area Studies.
    2. Minakshi Sardar, 2018. "Parliamentary Elections in Algeria, 2017," Contemporary Review of the Middle East, , vol. 5(1), pages 74-86, March.
    3. Ragui Assaad, 2014. "Making sense of Arab labor markets: the enduring legacy of dualism," IZA Journal of Labor & Development, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 3(1), pages 1-25, December.
    4. Melani Cammett & Ishac Diwan & Andrew Leber, 2019. "Is Oil Wealth Good for Private Sector Development?," Working Papers 1299, Economic Research Forum, revised 2019.
    5. Siakwah, Pius, 2017. "Are natural resource windfalls a blessing or a curse in democratic settings? Globalised assemblages and the problematic impacts of oil on Ghana's development," Resources Policy, Elsevier, vol. 52(C), pages 122-133.
    6. Arshad, 2017. "Challenges to Democratization Process in Algeria," Contemporary Review of the Middle East, , vol. 4(3), pages 254-277, September.
    7. Andrzej Polus & Dominik Kopinski & Wojciech Tycholiz, 2015. "Ready or Not: Namibia As a Potentially Successful Oil Producer," Africa Spectrum, Institute of African Affairs, GIGA German Institute of Global and Area Studies, Hamburg, vol. 50(2), pages 31-55.

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