Date of Award
12-18-2013
Degree Type
Thesis
Degree Name
Master of Arts (MA)
Department
Political Science
First Advisor
Charles Hankla
Second Advisor
Carrie Manning
Third Advisor
Michael Herb
Abstract
The 1959 discovery of oil and gas in the North Sea provides the analyst with an opportunity to observe the design of institutions governing the extraction of natural resources. Three states - the UK, the Netherlands and Norway - all industrialized, constitutional monarchies, faced significant political, economic and technical challenges in managing their new-found resources. All three states shared similar histories and yet designed different institutions to govern the extraction process. The wide variation creates a most similar systems comparison, lending itself to guided, constructed qualitative analysis. This analysis shows that regime preferences, domestic demand and international prices are significant variables in explaining the choice of level of state participation in the extraction process
DOI
https://doi.org/10.57709/4864598
Recommended Citation
Verleger, Katherine, "Institutional Design under Windfall Conditions: the North Sea." Thesis, Georgia State University, 2013.
doi: https://doi.org/10.57709/4864598