Energy

5 Items

(Economic Research Forum)

(Economic Research Forum)

Journal Article - Economic Research Forum

Is Oil Wealth Good for Private Sector Development?

| March, 2019

When do autocratic rulers in oil-producing countries support private sector development? We argue that the size of oil rents per capita has an important effect on ruler support for the rule of law, respect for private property rights, and other factors that promote private investment.

- Belfer Center for Science and International Affairs, Harvard Kennedy School Belfer Center Newsletter

Conference Spotlights Saudi Arabia’s Role in the Middle East

Summer 2013

Saudi Arabia’s Prince Turki Al Faisal told a standing-room only audience at Harvard Kennedy School in April that his nation is investing huge sums in solar, wind, and nuclear energy to reduce domestic reliance on its oil reserves. Prince Turki said Saudi Arabia’s security depends on a healthy energy policy that uses oil to earn export revenues rather than for domestic consumption.