The Political Economy of Oil

  • Mark Cleary
  • Shuang Yann Wong
Part of the Studies in the Economies of East and South-East Asia book series (SEESEA)

Abstract

The nature and progress of development planning in the state has been of considerable significance in shaping the evolving political economy of Brunei both domestically and in the international context. Oil and gas — its production, processing, role in the generation of income and wealth and concomitant international linkages — have been fundamental in shaping the political development of the state and securing its future. Domestic and foreign policy in Brunei has both shaped and reflected the changing economic and political position of the country since the first oil price rise and the achievement of independence.

Keywords

Hydrocarbon Income Assure Social Stratification Arena 

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Copyright information

© Mark Cleary and Shuang Yann Wong 1994

Authors and Affiliations

  • Mark Cleary
    • 1
  • Shuang Yann Wong
    • 2
  1. 1.University of PlymouthUK
  2. 2.Nanyang Technological UniversitySingapore

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