Handbook of the International Political Economy of Energy and Natural Resources
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Handbook of the International Political Economy of Energy and Natural Resources

Edited by Andreas Goldthau, Michael F. Keating and Caroline Kuzemko

This Handbook offers a comprehensive overview of the latest research from leading scholars on the international political economy of energy and resources. Highlighting the important conceptual and empirical themes, the chapters study all levels of governance, from global to local, and explore the wide range of issues emerging in a changing political and economic environment.
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Chapter 2: Conceptualizing the energy nexus of global public policy and international political economy

Andreas Goldthau and Nick Sitter

Abstract

Exploring the intersections between International Political Economy (IPE) and global public policy (GPP) in energy scholarship, this chapter argues that contemporary dynamics pertaining to global energy trade and security present a challenge for GPP and IPE. On the one hand, the GPP analysis of energy will need to take account of the IPE debates about geopolitics and power. IPE, in turn, is called to revisit the importance of public goods aspects such as transparency for analyses of global energy trade. The chapter identifies five themes in which it is imperative for IPE and GPP analyses to advance mutual scholarly recognition: the commercialisation of shale oil and gas; its consequence for state-level or international regulation and intervention in oil and gas markets; debates on whether the increased focus on security of supply in the USA, the EU and China (and security of demand in Russia) merits new national policies and international regimes; the kind of global rules that might be viable given the new constellations of power in the world of energy; and what kind of actors shape the future of the energy world.

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