Abstract
ABSTRACTThis article explores the re-emergence of resource nationalism in Ecuador during Rafael Correa’s government. In 2010, Ecuador pursued a shift in oil contracts from production sharing agreements to service contracts. I argue that resource nationalist policies were intended to maximize rent appropriation and increase state control. Nevertheless, in order to spell out the complexities of natural resource governance in post-neoliberal Ecuador, it is important to integrate the structural constraints of the Ecuadorian state to enact resource nationalist policies. Despite the nationalist sentiments that originated these reforms, the renegotiation of contracts continued to benefit foreign corporations due to the centralized attitude of the Correa government and the perennial limitations of state capacity in the regulation of the industry.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.