Book description
A comprehensive challenge to prevailing understanding of international implications of oil wealth that shows why it can create bad actors
In a world where oil-rich states are more likely to start war than their oil-dependent counterparts, it's surprising how little attention is still paid to these so-called petrostates. These states'…
Why read it?
1 author picked Oil, the State, and War as one of their favorite books. Why do they recommend it?
There are many books that attempt to demonstrate a link between oil and war, and anyone who watches the news knows intuitively that such a link likely exists.
Ashford’s book lays out in brilliant detail how oil wealth is in some cases largely spent on military equipment (p. 74 to 81 covers Russia’s military modernization) and rightly asks the question if all this purchasing of armaments creates a “lubricant” to war. But she keeps open the option that the oil wealth-war connection is not destiny.
In closing chapters, she offers a few cases where oil states have chosen to use…
From Amy's list on why oil and global banking crises happen at the same time.
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