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Economic sanctions are intended to be a nonmilitary means used by states to force their prerogatives on other states, entities, and individuals. Yet while sanctions have been increasingly used as a foreign policy tool, they are ineffective if executed without a clear strategy that is responsive to the nature and changing behavior of the target. In The Art of Sanctions, Richard Nephew offers a much-needed practical framework that focuses not just on...
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Over roughly the past decade, oil and gas production in the United States has surged dramatically-thanks largely to technological advances such as high-volume hydraulic fracturing, more commonly known as "fracking." This rapid increase has generated widespread debate, with proponents touting economic and energy-security benefits and opponents highlighting the environmental and social risks of increased oil and gas production. Despite the heated debate,...
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After the discovery of oil in the 1930s, the Gulf monarchies--Saudi Arabia, Kuwait, Qatar, the United Arab Emirates, Oman, and Bahrain--went from being among the world's poorest and most isolated places to some of its most ostentatiously wealthy. To maintain support, the ruling sheikhs provide their subjects with boundless cheap energy, unwittingly leading to some of the highest consumption rates on earth. Today, as summertime temperatures set new...
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"Disruptive digital technologies are poised to reshape world energy markets. A new wave of industrial innovation, driven by the convergence of automation, artificial intelligence, and big data analytics, is remaking energy and transportation systems in ways that could someday end the age of oil. What are the consequences-not only for the environment and for daily life but also for geopolitics and the international order? Amy Myers Jaffe provides an...
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"Sanctions have become a go-to diplomatic tool for the US, be it against Iran, Russia or Turkey. However, sanctions come with unexpected, global side-effects that are rarely discussed. All of these side-effects have a meaningful impact on businesses, financial markets and governments. First, US sanctions are pushing countries that are at odds with the US, such as Turkey, Russia and Iran, closer to each other, with massive consequences on traditional...
6) Oil Leaders: An Insider's Account of Four Decades of Saudi Arabia and OPEC's Global Energy Policy
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Oil is an unusual commodity in that individual decisions can have an outsized effect on the market. OPEC+'s choice to increase production, for instance, might send prices falling, affecting both oil producers and consumers worldwide. What do the leading oil market players consider before making a fateful move?
Oil Leaders offers an unprecedented glimpse into the strategic thinking of top figures in the energy world from the 1980s through the recent...
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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 curse." In such cases, governments allegedly display "resource nationalism," which destabilizes the economy, society, and politics. In this book, David R. Mares dispels these beliefs and develops a powerful new account of the relationship between state resource ownership and energy policy.
Mares...
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India is driving some of the most important trends in global energy markets-with vast environmental implications. As the country grows wealthier, Indians are buying more cars, air conditioners, plane tickets, and other goods that increase demand for fossil fuels. At the same time, the country still faces widespread poverty, and it struggles to address persistent environmental and energy-sector problems, from frequent power outages to a significant...
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Today, Qatar is among the world's wealthiest countries. Its rich hydrocarbon resources have transformed this small Gulf state into an energy powerhouse, funded its outsized global ambitions, and allowed it to forge an identity separate from those of its large and powerful neighbors.
Drawing on Michael D. Tusiani's firsthand accounts and deep personal experience in the energy sector and Anne-Marie Johnson's years of reporting, this book explores how...
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The remarkable success of twentieth-century Hong Kong was driven by electricity. The British colony's stunning export-driven economic growth, its status as a Cold War capitalist dynamo, its energetic civil society, its alluring urban modernity-all of these are stories of electricity's transformative power.
“Let There Be Light” is a groundbreaking history of electrification in Hong Kong. Mark L. Clifford traces how a power company and its visionary...
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