Overseas Energy Investment of Korea and Japan: How did Two East Asian Resources-Rare Industrial Giants Respond to Energy Security Challenges
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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This book examines how resource-scarce developing countries respond to challenges in energy security, focusing on the evolution of overseas energy investment of two industrial giants in East Asia, Korea and Japan. It provides valuable lessons on how the state sets up policies and navigates political procedures for energy security, and offers insights into the international energy market.
Format: Hardback
Length: 291 pages
Publication date: 07 April 2023
Publisher: Springer Verlag, Singapore
The contraction of global energy supply due to geopolitical tensions has prompted the publication of this timely book, which delves into the responses of resource-scarce developing countries to challenges in energy security. In particular, it examines the evolution of overseas energy investment by two industrial giants in East Asia, Korea and Japan, with a focus on countries pursuing autonomous energy supply options such as oil/natural gas, nuclear power, or renewable energy. Through a historical case study, the book offers valuable insights into how states establish policies and navigate political procedures for energy security. While rooted in historical events, the book also provides a fresh perspective on the international energy market by contextualizing the repetitive nature of past events.
The book conducts an in-depth analysis highlighting the contrasting outcomes resulting from different political systems. One case study illustrates how a small number of veto players successfully established and expanded state-owned oil companies, while simultaneously creating policy inconsistencies. Conversely, another case study demonstrates how a larger number of veto players led to policy consistency but hindered the establishment and expansion of state-owned oil companies. This comprehensive review of East Asian politics adds value to the field of 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 serves as an essential reference for scholars, policymakers, industry insiders, and citizens interested in understanding how nations respond to historic challenges in a political and international context.
Weight: 641g
Dimension: 235 x 155 (mm)
ISBN-13: 9789819902842
Edition number: 1st ed. 2023
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