The effects of globalization on economy and society are highly contested subjects in academic and political arenas. This study brings an empirical perspective to the crucially important arguments that encapsulate the major debates in this area. Using quantitative data, this book addresses the...

Many find that oil wealth produces political conflict. It is also argued that oil makes countries susceptible to the “resource curse” because rulers more easily buy off opposition and stave off economic reforms. We explore this issue by examining whether oil price volatility affects...