CEU Electronic Theses and Dissertations, 2016
Author | Anaya Villafana, Luis Rodrigo |
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Title | The Resource Curse and Rentierism in a Non-Oil Dependent Country: An Assessment of the Mexican Oil Sector |
Summary | This thesis aims to identify if a country that has substantial oil endowments and a diversified economy can show symptoms of the resource curse. To achieve this, seven analytical categories were elaborated based on the economic and political manifestations linked to the resource curse. These include the economic effects of the volatility of oil prices, the dominance of the oil sector over other economic sectors and indicators of a rentier state, repression and lack of modernization. Mexico is the case studied in this thesis, since it has one of the biggest oil sectors in the world and its economy is comprised of diverse economic sectors. Through historical analysis and statistical data, the results indicate the following: 1) the volatility of oil prices has had both positive and negative effects on the Mexican economy, 2) the oil sector only dominated the economy from the late 1970’s to the mid 1980’s and it has not limited the growth of other economic sectors, 3) There are some signals of a rentier state in Mexico, 4) Signs of government repression were prevalent from the 1960īs to the 2000īs but they have waned since, and 5) The influence of oil on the modernization of the country was not identified. In conclusion, Mexico has benefited and suffered from the socioeconomic effects of oil and it does show some mild symptoms of the resource curse. Further operationalization to identify symptoms of the resource curse should be the subject of future research. |
Supervisor | Attila Folsz |
Department | Political Science MA |
Full text | https://www.etd.ceu.edu/2016/anaya_luis.pdf |
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