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Business of the State: Why State Ownership Matters for Resource Governance (Critical Frontiers of Theory, Research, and Policy in International Development Studies) - Softcover

 
9780198892212: Business of the State: Why State Ownership Matters for Resource Governance (Critical Frontiers of Theory, Research, and Policy in International Development Studies)
  • PublisherOxford University Press
  • Publication date2024
  • ISBN 10 0198892217
  • ISBN 13 9780198892212
  • BindingPaperback
  • LanguageEnglish
  • Number of pages368

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Published by Oxford University Press, 2024
ISBN 10: 0198892217 ISBN 13: 9780198892212
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ISBN 10: 0198892217 ISBN 13: 9780198892212
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Jewellord T. , The Hague) Nem Singh
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ISBN 10: 0198892217 ISBN 13: 9780198892212
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Paperback. Condition: new. Paperback. As the world moves towards decarbonization and the race for clean energy technologies accelerates, states in the global south are increasingly called upon to supply critical minerals to fuel the transition. Business of the State details how mineral states might design effective growth strategies in this context of strategic competition and climate emergency, via the rise of a hybrid developmental strategy during 1990s and 2010s- the embrace ofmarket-conforming policies to attract FDI and the re-assertion of state-owned enterprises (SOEs) as players in industrial development. Drawing from the experiences of Brazil's Petrobras and Chile's Codelco, the book arguesthat SOEs might open new pathways for technological innovation and even support industrial policy, if subjected to effective governance reforms and aligned with the private sector. In this way, the book shifts the analytical lens away from extractivism as a growth model and towards hybrid development strategies formulated through SOEs.Business of the State asks fundamental questions about states and markets: why do states seek to intervene in the affairs of publicenterprises? And what role might they play in structural transformation? The book provides answers using a historical institutionalist framework, process tracing the complex process of market reforms in highlystrategic natural resource industries. Business of the State asks fundamental questions about states and markets: why do states seek to intervene in the affairs of public enterprises? And what role might they play in structural transformation? Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780198892212

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