First published in 1999, this volume focuses on the impact of democratic bargaining on the process of oil policy-making in Venezuela, stressing the constraints

In the decades that followed World War II, cheap and plentiful oil helped to fuel rapid economic growth, ensure political stability, and reinforce the legitimac

In these countries, dependence on petroleum leads to disproportionate fiscal reliance on petrodollars and public spending, at the expense of statecraft.

2011 Updated Reprint. Updated Annually. Venezuela Oil and Gas Exploration Laws and Regulation Handbook

It is widely thought that state ownership of natural resources, oil and natural gas in particular, causes countries to fall under the sway of the “resource cu