Security, Policy and Political Economy of Energy and Minerals

A special issue of Resources (ISSN 2079-9276).

Deadline for manuscript submissions: closed (30 June 2023) | Viewed by 9791

Special Issue Editor


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Guest Editor
Research and Development Division, Rabdan Academy, Abu Dhabi, United Arab Emirates
Interests: energy and minerals security; policy and strategy

Special Issue Information

Dear Colleagues,

The global energy system is undergoing a major transformation. This transformation, commonly referred to as energy transition, has a wide-range impacts on different regions and nations. This Special Issue aims to examine the effects of the ongoing transition in security, policy and political economy trends related to energy and critical minerals both globally, and across different nations and regions. We are specifically interested in strategic aspects of the realignment in global geopolitics and geoeconomics as a consequence of the transition. Policy options and strategies can be evaluated by balancing the inward looking, domestic risk minimization dimension (energy and resources security), and the outward looking, international power projection dimension (energy and resources statecraft). This Special Issue welcomes submissions from a broad range of inter-disciplinary experts and practitioners.

Dr. Vlado Vivoda
Guest Editor

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Keywords

  • energy
  • minerals
  • resources
  • policy
  • political economy
  • geopolitics
  • geoeconomics
  • security
  • trade
  • strategy

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Published Papers (2 papers)

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Research

18 pages, 2884 KiB  
Article
The Time-Varying Effects of Oil Shocks on the Trade Balance of Saudi Arabia
by Mohamad Husam Helmi, Mohammed I. Abu Eleyan, Abdurrahman Nazif Çatık and Esra Ballı
Resources 2023, 12(5), 54; https://doi.org/10.3390/resources12050054 - 25 Apr 2023
Cited by 1 | Viewed by 3574
Abstract
This study aims to analyze the impact of oil shocks on the external balance of Saudi Arabia, as one of the largest net oil-exporting countries. To this end, a time-varying parameter vector autoregression model (TVP-VAR) is estimated by using quarterly data covering the [...] Read more.
This study aims to analyze the impact of oil shocks on the external balance of Saudi Arabia, as one of the largest net oil-exporting countries. To this end, a time-varying parameter vector autoregression model (TVP-VAR) is estimated by using quarterly data covering the period between 1991: Q1 and 2021: Q4. We find that identifying the source of shocks plays an important role in understanding the time-varying impact of shocks on its economy. Our findings indicate that the global oil production shocks excluding Saudi Arabia have a negative and significant impact on the trade balance and are greater than the impact of the Saudi oil production shocks, which is not significant for most of the period. In addition, we found that oil price shocks have more profound and much greater impacts than global and domestic oil supply shocks. This may be attributed to the fact that oil price shocks are more than oil supply shocks, and supply shocks are linked to oil price shocks. However, impulse responses show that the effects of oil shocks are volatile over time and their effects are generally more pronounced during and immediately after global shocks. Our findings have serious implications for the trade balance of Saudi Arabia, particularly in the low and volatile oil price environment. Full article
(This article belongs to the Special Issue Security, Policy and Political Economy of Energy and Minerals)
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15 pages, 2223 KiB  
Article
Oil Theft, Energy Security and Energy Transition in Mexico
by Vlado Vivoda, Ghaleb Krame and Martin Spraggon
Resources 2023, 12(2), 30; https://doi.org/10.3390/resources12020030 - 17 Feb 2023
Cited by 7 | Viewed by 5187
Abstract
Oil theft refers to the exploitation of crude oil or refined petroleum products for criminal purposes. In Mexico, oil theft—referred to as huachicolero—is endemic and widespread. By framing it within the energy security and transition context, this paper offers a new perspective on [...] Read more.
Oil theft refers to the exploitation of crude oil or refined petroleum products for criminal purposes. In Mexico, oil theft—referred to as huachicolero—is endemic and widespread. By framing it within the energy security and transition context, this paper offers a new perspective on the problem of oil theft in Mexico. Focusing on crude oil and refined petroleum, the paper demonstrates that Mexico’s energy security—as framed around the 4As (availability, accessibility, affordability, and acceptance)—has deteriorated over the past decade. Application of the 4As framework in the Mexican context shows that the increasing frequency of oil theft has contributed to this deterioration. The proposed solution to the energy security and oil theft problems is centred on Mexico moving from gasoline and diesel to electrification in the transportation sector. The paper demonstrates that, while transport electrification in Mexico has been lagging behind other countries, recent developments in the country point to growing momentum among the country’s political and business elites, in tandem with US partners, in support for the energy transition. Areas where further emphasis should be placed to accelerate Mexico’s energy transition in the transportation sector are identified. Finally, the feasibility of and potential limitations associated with implementing the transition are evaluated. Full article
(This article belongs to the Special Issue Security, Policy and Political Economy of Energy and Minerals)
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