Search Result

Srl

Item

ID: 091104

Bureaucratic politics and overseas investment by Chinese state-: illusory champions / Liou, Chih-shian

Liou, Chih-shian	Journal Article
	0 Rating(s) & 0 Review(s)

Publication

2009.

Summary/Abstract

From the state-centered perspective, China's hunt for foreign energy deals has generated increasing uneasiness in international relations. By exploring Chinese national oil companies' overseas expansion, this study finds that Chinese bureaucratic fragmentation in the context of the state's changing relationship with state-owned enterprises has greater impact on firms' offshore ventures than the state-centered perspective contends.

Key Words

China ; Outward Foreign Direct Investment ; National Oil Company ; Going Out Strategy ; State/Enterprise Relationship

Links

'Full Text'

In Basket

Export

ID: 109410

Exporting the Norwegian model: the effect of administrative design on oil sector performance / Thurber, Mark C; Hults, David R; Heller, Patrick R P

Thurber, Mark C	Journal Article
	0 Rating(s) & 0 Review(s)

Publication

2011.

Summary/Abstract

Norway has administered its petroleum resources using three distinct government bodies: a national oil company engaged in commercial hydrocarbon operations; a government ministry to direct policy; and a regulatory body to provide oversight and technical expertise. Norway's relative success in managing its hydrocarbons has prompted development institutions to consider whether this "Norwegian Model" of separated government functions should be recommended to other oil-producing countries. By studying ten countries that have used widely different approaches in administering their hydrocarbon sectors, we conclude that separation of functions is not a prerequisite to successful oil sector development. Countries where separation of functions has worked are characterized by the combination of high institutional capacity and robust political competition. Unchallenged leaders often appear able to adequately discharge commercial and policy/regulatory functions using the same entity, although this approach may not be robust against political changes. Where institutional capacity is lacking, better outcomes may result from consolidating commercial, policy, and regulatory functions until such capacity has further developed. Countries with vibrant political competition but limited institutional capacity pose the most significant challenge for oil sector reform: Unitary control over the sector is impossible but separation of functions is often difficult to implement.

Key Words

National Oil Company ; Oil Sector Governance ; Norwegian Model

In Basket

Export

ID: 129313

Regional council declares self-rule for Libya's eastern Barqa r / Cochrane, Richard

Cochrane, Richard	Journal Article
	0 Rating(s) & 0 Review(s)

Publication

2013.

Key Words

Libya ; National Oil Company ; Mismanagement ; Barqa Region

In Basket

Export