The International Situation and Colombian Oil
Article from: OGEL 3 (2004), in Energy, Institutional Reforms and Development in Latin America
English Abstract
This paper reviews the core of the Colombian Natural Resources Policy during the past decade. It takes some basic elements from prior works of the author in order to discuss some of the main characteristics of Colombian energy policy: the privatisation of the national energy rents. After an introduction dealing with certain economic fundamentals, a discussion on geopolitics and world oil economics is provided in order to propose a framework for the examination of Colombian policy. The strategic conditions and the exhaustibility of energy are underlined mainly in the face of ...