03018cam a2200457 i 4500 17825998 BJBSDDR 20240626161222.0 ta 130725s2014 enka b 001 0 eng 2013028332 9781107041998 1107041996 DLC eng DLC rda DLC eng pcc e-fr--- a-ja--- n-us--- HD 9560.6 H893g 2014 338.2/7282 Hughes, Llewelyn 36772 Globalizing oil : firms and oil market governance in France, Japan, and the United States / Llewelyn Hughes. Cambridge ; New York : Cambridge University Press, 2014. xi, 254 pages : illustrations ; 24 cm. text rdacontent unmediated rdamedia volume rdacarrier Business and public policy Includes bibliographical references and index. Preface; 1. The puzzle of oil; 2. Oil markets and the physiocratic fallacy; 3. Explaining changes in oil market governance; 4. Transforming French oil market governance; 5. Adjusting oil market governance in Japan; 6. The United States and energy independence; 7. Firms, governments, and oil market governance; Appendix A. Liberalization in the advanced industrialized states. Oil is the world's most important commodity. It is also its most politicized. Yet in Globalizing Oil Llewelyn Hughes shows that since the 1970s governments across the advanced industrial states liberalized oil markets by freeing prices, lowering trade barriers, and privatizing national oil companies. How did this come about? And why do some governemnts continue to intervene in support of domestic firms? In answering these questions, Hughes shows that the transformation of the international oil market in the 1970s changed the risks and opportunities facing firms. He also shows their ability to benefit was conditioned by previous attempts to shape the competitive landscape. Changes in oil market governance in the 1980s and 1990s can thus be understood as a temporal process, in which institutional legacies affected firm sstrategies towards liberalization. Hughes' study has important implications not only for the politics of oil, but also for the study of economic liberalization. Petroleum industry and trade Government policy France. Industria y comercio del petróleo 15294 Industria del petróleo Política gubernamental 9881 Petroleum industry and trade Government policy Japan. Petroleum industry and trade Government policy United States. Business and public policy 36861 7 cbc orignew 1 ecip 20 y-gencatlg lcc BK sba 121429 121429 0 0 lcc 0 0 CS BJB BJB CS 2024-06-21 0 HD 9560.6 H893g 2014 00000177504 2024-06-21 00:00:00 1 2024-06-21 BK