Fundação Getulio Vargas’s Sao Paulo School of Business Administration is hosting a debate on the book "Oil Wealth and Federal Conflict in American Petrofederations" edited by Beni Trojbicz, published by Elsevier in 2022.
The book documents the critical relationship between oil rents and federal conflicts, illustrated with six representative cross-regional case studies. Each case study encompasses qualitative, quantitative and comparative elements under a common structure. With each petrofederation ranging in conflict types and modalities, the work as a whole identifies key differences including oil rent decentralization, in terms of resource property, sector management and distribution of revenues; sectoral importance, considered at national and subnational levels; and federation redistribution policy, in terms of fiscal federal imbalance, fiscal equalization, and oil rent use for regional equity. Collectively, it advances toward a theory of causality between oil rents and federal conflicts, taking into account systemic variables. Its conclusions serve as a guide for researchers and policymakers seeking pathways to translate oil rents into development and stability.
We are pleased to announce the authors of the chapters on Argentina, Brazil and Canada, besides the book editor, will participate in the debate. Our panelists will discuss the book's main ideas and their implications, providing a valuable opportunity to delve into this timely and important topic.