Overseas Energy Investment of Korea and Japan
How did Two East Asian Resources-Rare Industrial Giants Respond to Energy Security Challenges
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Beschreibung
Under the contraction of global energy supply brought on by geopolitical situation, this timely book addresses how resource-scarce developing countries respond to challenges in energy security. In particular, for countries underpinning efforts for an autonomous supply of energy, either oil/natural gas, nuclear power or renewable energy, this book revisits the evolution of overseas energy investment of two industrial giants in East Asia, Korea and Japan. It will provide meaningful lessons of how the state sets up policies and navigates political procedures for energy security. While a historical case study, it also offers its readers new insight into the international energy market by taking the stark déjà vu in its repetitive nature and putting it into context.
The book provides an in-depth study highlighting the differences in political systems which led to contrasting outcomes. The one with a small number of veto players succeeded in establishing and expanding state-owned oilcompanies while producing policy inconsistency at the same time and vice versa. This comprehensive review of East Asian politics will add value to East Asian Studies by presenting a new approach through a universal theory rather than cultural uniqueness. As a readable case study on energy security, this book will be an essential reference for scholars, policymakers, industry insiders and citizens who are interested in how nations respond to historic challenges in a political and international context.Seong Ik Oh received master’s degrees from Harvard Kennedy School and Fletcher School, Tufts University, respectively. Also, he earned a Ph.D. from Johns Hopkins University’s School of Advanced International Studies (SAIS). Continuing much of his career in public service, from the Korean Ministry of Maritime Affairs and Fisheries, the Ministry of Land, Infrastructure and Transport, to the Presidential Committee on Regional Development, he is currently a director at the Ministry of Land, Infrastructure and Transport. He also teaches as adjunct professor at the Graduate School of Public Administration, Yonsei University.
Under the contraction of global energy supply brought on by geopolitical situation, this timely book addresses how resource-scarce developing countries respond to challenges in energy security. In particular, for countries underpinning efforts for an autonomous supply of energy, either oil/natural gas, nuclear power or renewable energy, this book revisits the evolution of overseas energy investment of two industrial giants in East Asia, Korea and Japan. It will provide meaningful lessons of how the state sets up policies and navigates political procedures for energy security. While a historical case study, it also offers its readers new insight into the international energy market by taking the stark déjà vu in its repetitive nature and putting it into context.
The book provides an in-depth study highlighting the differences in political systems which led to contrasting outcomes. The one with a small number of veto players succeeded in establishing and expanding state-owned oilcompanies while producing policy inconsistency at the same time and vice versa. This comprehensive review of East Asian politics will add value to East Asian Studies by presenting a new approach through a universal theory rather than cultural uniqueness. As a readable case study on energy security, this book will be an essential reference for scholars, policymakers, industry insiders and citizens who are interested in how nations respond to historic challenges in a political and international context.Explores how resource scarcity fueled creativity Explains energy economics in East Asia Provides context for decarbonization efforts
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Seong-ik Oh
Themen in »Overseas Energy Investment of Korea and Japan«
Current turbulence of energy Energy security Oil development Government agency
Stimmen zu »Overseas Energy Investment of Korea and Japan«
“Dr. Seong-Ik Oh’s analysis transforms our understanding of the geopolitics of energy from the historic quest for oil, money, and power into today’s demand for closer allied collaboration to increase our shared national security. I recommend this fascinating book not only to industry experts, but also to policy analysts interested in politics and diplomacy. In fact, it is a good read for everyone who wants to better understand South Korea and Japan and to gain a new perspective on these two key American allies who share our values of individual opportunity, national freedom, and closer collaboration with our global friends.” (Edwin J. Feulner, Ph.D., Founder and Former President of The Heritage Foundation)
“Energy is the Achilles Heel of East Asia's two largest market-oriented democracies. This outstanding study of their policy response by a seasoned practitioner, offers both practical and theoretical insights into how politics complicates their response. A must read for energy policy professionals, East Asian political economy specialists, and interested general readers alike.” (Kent Calder, Director, Reischauer Center for East Asian Studies, Johns Hopkins University SAIS)
“An insightful and valuable guide into the political economy of two industrial giants in East Asia, Korea and Japan, which, as resource-scarce countries, confronted serious challenges of energy security. Focusing on the role of veto players, this excellent historical case study of oversea oil development policies of Korea and Japan provides important policy implications as well as a fresh alternative theoretical perspective to the developmental state explanations.” (Yoon Young-kwan, Professor Emeritus in the Department of Political Science and International Relations, Seoul National University, and Former Minister of Foreign Affairs and Trade of the Republic of Korea)
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