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Institutional Design and Capacity to Enhance Effective Governance of Oil and Gas Wealth: The Case of Kurdistan Region pp 151–174Cite as

General Conclusions and Discussion

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Abstract

This chapter discusses causal explanations of the resource curse confronting most petroleum-exporting countries by investigating the political, social and economic factors through which petroleum revenues are converted into a curse rather than a blessing. The findings reveal that well-designed governance of the oil and gas sector is a key determinant of the oil and gas producing countries’ success in the management of petroleum resources. The findings of the research are significant, given that few previous studies in the resource curse literature have applied a mixed methods approach. This research has shown that empirical studies are insufficient to assist petroleum exporters in addressing the transmission channels of the resource curse, whereas case studies help to highlight policy options that will deal most successfully with channels contributing to the curse. The implications of this research may be useful in helping new petroleum exporters to avoid the resource curse.

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Authors and Affiliations

  1. Kurdistan Regional Government, Kiel, Germany

    Khazal Abdullah Auzer

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  1. Khazal Abdullah Auzer
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Correspondence to Khazal Abdullah Auzer .

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Abdullah Auzer, K. (2017). General Conclusions and Discussion. In: Institutional Design and Capacity to Enhance Effective Governance of Oil and Gas Wealth: The Case of Kurdistan Region. Perspectives on Development in the Middle East and North Africa (MENA) Region. Springer, Singapore. https://doi.org/10.1007/978-981-10-4518-9_7

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  • DOI: https://doi.org/10.1007/978-981-10-4518-9_7

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  • Online ISBN: 978-981-10-4518-9

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