Resource nationalism

This article may be expanded with text translated from the corresponding article in Japanese. (June 2018) Click [show] for important translation instructions. View a machine-translated version of the Japanese article. Machine translation like DeepL or Google Translate is a useful starting point for translations, but translators must revise errors as necessary and confirm that the translation is accurate, rather than simply copy-pasting machine-translated text into the English Wikipedia. Consider adding a topic to this template: there are already 2,743 articles in the main category, and specifying|topic= will aid in categorization. Do not translate text that appears unreliable or low-quality. If possible, verify the text with references provided in the foreign-language article. You must provide copyright attribution in the edit summary accompanying your translation by providing an interlanguage link to the source of your translation. A model attribution edit summary is Content in this edit is translated from the existing Japanese Wikipedia article at [[:ja:資源ナショナリズム]]; see its history for attribution. You should also add the template {{Translated|ja|資源ナショナリズム}} to the talk page. For more guidance, see Wikipedia:Translation.

This article appears to be a dictionary definition. Please rewrite it to present the subject from an encyclopedic point of view.

Resource nationalism is the tendency of people and governments to assert control over natural resources located on their territory. As a result, resource nationalism conflicts with the interests of multinational corporations.

The approach of peak oil has led many governments to take ownership or control of fossil fuel reservoirs for strategic and economic reasons, although resource nationalism applies to other resources, such as metals, or in less developed nations, mining investment.

It is mainly enforced as an economic policy (usually in populist governments) that relies on state ownership or control of natural resources located on their territories to advance political, social or industrial objectives. This emphasizes that resources belong to the people of the country in question first and foremost, and that state employment is the best manager of resources against privatization.

A recent tide of resource nationalism appeared during the period of economic liberalisation in Latin America in the 1990s,^[1] with populations and governments looking for independence of the country in terms of export and resources. An example includes the Cochabamba Water War, a series of protests against privatization of the city's water supply that took place in Bolivia. As a result, less than six months later the government cancelled the contract.

Governments that have adopted elements of resource nationalism include Bolivia under Evo Morales, Argentina under Cristina Fernández de Kirchner, and Venezuela under Hugo Chávez.^[2]

References[]

Further reading[]

• Hollingsworth, Brian, "Resource Nationalism and Energy Integration in Latin America: The Paradox of Populism" (2018). FIU Electronic Theses and Dissertations. 3790. https://digitalcommons.fiu.edu/etd/3790

• Johnson, Toni (13 August 2007). "The Return of Resource Nationalism". Council on Foreign Relations. Archived from the original on 20 July 2016.

• Mares, David R. "Resource Nationalism and Energy Security in Latin America: Implication for Global Oil Supplies." (2010). https://digitalrepository.unm.edu/la_energy_dialog/74

This economic term article is a stub. You can help Wikipedia by .

• v
• t