Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 24th Aug 2026, 01:48:13am WEST
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Daily Overview |
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Political Economy of Energy Supply Location: B131 Session Chair: Stephan A. Schneider, Stanford University | |
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The Geoeconomics of Contract Enforcement 1: NES and UiS, Germany; 2: Universitat Autònoma de Barcelona; 3: Stockholm Institute of Transition Economics (SITE) Historically, international contract enforcement relied on military power. In the late 1960s, Western Great Powers—US, UK, France—reduced military interventions, increasing expropriation risk in developing countries. Using microdata from the petroleum industry, we show that this geopolitical shift led to a 2–4-year delay in production (“backloading”) in developing countries by multinationals headquartered in Western Great Powers, matching the extent of backloading exhibited by multinationals based in other advanced economies. As a results of the backloading, resource-rich developing economies experienced annual revenue losses of $1 billion per country, which was offset by higher government rent shares. These patterns are consistent with the emergence of self-enforcing agreements. | |