The Political Economy of the Venezuelian Oil-Industry - A Case Study

Essay from the year 2007 in the subject Politics - International Politics - Topic: Globalization, Political Economics, grade: Distinction, Macquarie University, course: IRPG 849 International Political Economy, language: English, abstract: This paper will explore and analyse the connections between political power, the mode of oil production in Venezuela and its implications internationally. Special focus will be put on the changing position of multinational corporations and the role of the state in shaping the economic framework.