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State Capitalism and the Politics of Resources

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Abstract

The neo-liberal consensus which characterized the political economy of oil and minerals since the late 1980s began disintegrating towards the end of the first decade of the 21st century (De Graaff, 2012; Gustafson, 2012; Dannreuther and Ostrowski, 2013). Subsequently, the politics of resources started uneven transitions towards a new form of arrangement labelled as state capitalism. This state capitalism is likely to impact on the rules of the game in relationships surrounding the access to resources which took shape during the neo-liberal period. However, the question arises: what will change and what will stay the same?

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© 2015 Wojciech Ostrowski

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Ostrowski, W. (2015). State Capitalism and the Politics of Resources. In: Belyi, A.V., Talus, K. (eds) States and Markets in Hydrocarbon Sectors. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137434074_5

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