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A multi-layered transition of natural-resource dependent countries: The cases of Venezuela and Equatorial Guinea

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Resumo:Natural resource dependency has been discussed widely in relation to its direct and indirect effects on national resource-rich countries. Meanwhile, several terms have been coined to define the dependency feature of the natural resources. The effects are not only confined in economic aspect. Economy and politics are often interconnected, to which they also drive a societal change. This paper aims to analyze the effect of natural resources in the economic, political and societal changes while environmental aspect is also underlined. It begins by analyzing the effects of natural resources in underdeveloped and developing countries and underlining a wide range of short and long-term effects of natural resources in economy, politics and society in natural resource-rich countries. Furthermore, the paper makes a comparative analysis of two oil-rich countries, namely Venezuela and Equatorial Guinea. Natural resource dependency is a complex and lengthy discussion topic The paper attempts to overcome the problem of being too broad by first underlining the general effects of natural resource dependency in a separate chapter and by proceeding to make a comparative analysis between two of the same natural resource producer countries. In short, the paper is based on qualitative comparative analysis where economic, political and societal components are underlined. There are several decades of difference in the discovery of oil between Venezuela and Equatorial Guinea. Therefore, the similarities and differences were not observed at the same period due to the different economic, political and societal structure of each country and the chronological difference in the date of independence and discovery of oil.
Autores principais:Aghalarli, Orkhan
Assunto:Natural resources Dependência -- Dependency Transition Oil-rich countries Recursos naturais Transição Países ricos em petróleo
Ano:2022
País:Portugal
Tipo de documento:dissertação de mestrado
Tipo de acesso:acesso aberto
Instituição associada:ISCTE
Idioma:inglês
Origem:Repositório ISCTE

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