IDEAS home Printed from https://ideas.repec.org/a/taf/ceasxx/v64y2012i4p737-760.html
   My bibliography  Save this article

Purchasing Power: Oil, Elections and Regime Durability in Azerbaijan and Kazakhstan

Author

Listed:
  • Andrea Kendall-Taylor

Abstract

This article examines the link between oil abundance and regime durability by providing insight into how and why oil-rich leaders use elections to maintain power. Using data from presidential elections in Central Asia, the article argues that oil-rich leaders are better able to manipulate their economies in the run-up to elections than their resource-poor counterparts. Oil-rich leaders use oil profits to increase pre-electoral spending to increase popular support, to deter potential opposition and to secure elite loyalty. Such electorally timed increases in spending help oil-rich leaders increase their re-election prospects and ensure their continued control over their countries' resources.

Suggested Citation

  • Andrea Kendall-Taylor, 2012. "Purchasing Power: Oil, Elections and Regime Durability in Azerbaijan and Kazakhstan," Europe-Asia Studies, Taylor & Francis Journals, vol. 64(4), pages 737-760.
    • Handle: RePEc:taf:ceasxx:v:64:y:2012:i:4:p:737-760
    DOI: 10.1080/09668136.2012.671567
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/09668136.2012.671567
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09668136.2012.671567?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Wintrobe,Ronald, 2000. "The Political Economy of Dictatorship," Cambridge Books, Cambridge University Press, number 9780521794497, September.
    2. International Monetary Fund, 2011. "Republic of Croatia: 2011 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Croatia," IMF Staff Country Reports 2011/159, International Monetary Fund.
    3. International Monetary Fund, 2005. "Republic of Estonia: Staff Report for the 2005 Article IV Consultation," IMF Staff Country Reports 2005/394, International Monetary Fund.
    4. Alberto Alesina & Nouriel Roubini & Gerald D. Cohen, 1997. "Political Cycles and the Macroeconomy," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262510944, April.
    5. International Monetary Fund, 2011. "France: 2011 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion," IMF Staff Country Reports 2011/211, International Monetary Fund.
    6. International Monetary Fund, 2008. "Malta: 2008 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Malta," IMF Staff Country Reports 2008/276, International Monetary Fund.
    7. International Monetary Fund, 2011. "United Kingdom: 2011 Article IV Consultation: Staff Report; Staff Supplement; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for ," IMF Staff Country Reports 2011/220, International Monetary Fund.
    8. International Monetary Fund, 2010. "People's Republic of China: 2010 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion," IMF Staff Country Reports 2010/238, International Monetary Fund.
    9. International Monetary Fund, 2008. "Republic of Uzbekistan: 2008 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Uzbekistan," IMF Staff Country Reports 2008/235, International Monetary Fund.
    10. Leonard Wantchekon, 2002. "Why do Resource Abundant Countries Have Authoritarian Governments?," Journal of African Development, African Finance and Economic Association (AFEA), vol. 5(2), pages 145-176.
    11. International Monetary Fund, 2010. "Australia: 2010 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion," IMF Staff Country Reports 2010/331, International Monetary Fund.
    12. International Monetary Fund, 2010. "Republic of Azerbaijan: 2010 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Azerbaijan," IMF Staff Country Reports 2010/113, International Monetary Fund.
    13. International Monetary Fund, 2008. "The Kingdom of Swaziland: 2007 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director," IMF Staff Country Reports 2008/085, International Monetary Fund.
    14. International Monetary Fund, 2005. "Sweden: 2005 Article IV Consultation — Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Sweden," IMF Staff Country Reports 2005/343, International Monetary Fund.
    15. International Monetary Fund, 2011. "Republic of Belarus: 2011 Article IV Consultation-Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion," IMF Staff Country Reports 2011/066, International Monetary Fund.
    16. International Monetary Fund, 2010. "Nepal: 2010 Article IV Consultation and Request for Disbursement Under the Rapid Credit Facility: Staff Report; Staff Supplements; Public Information Notice on the Executive Board Discussion; Press Re," IMF Staff Country Reports 2010/185, International Monetary Fund.
    17. International Monetary Fund, 2008. "Singapore: 2007 Article IV Consultation: Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion," IMF Staff Country Reports 2008/100, International Monetary Fund.
    18. International Monetary Fund, 2010. "Indonesia: 2010 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Indonesia," IMF Staff Country Reports 2010/284, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sovacool, Benjamin K. & Andrews, Nathan, 2015. "Does transparency matter? Evaluating the governance impacts of the Extractive Industries Transparency Initiative (EITI) in Azerbaijan and Liberia," Resources Policy, Elsevier, vol. 45(C), pages 183-192.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Morris Goldstein, 2011. "Integrating Reform of Financial Regulation with Reform of the International Monetary System," Working Paper Series WP11-5, Peterson Institute for International Economics.
    2. Guonan Ma & Ivan Roberts & Gerard Kelly, 2016. "A Rebalancing Chinese Economy: Challenges and International Implications," RBA Annual Conference Volume (Discontinued), in: Iris Day & John Simon (ed.),Structural Change in China: Implications for Australia and the World, Reserve Bank of Australia.
    3. Ping, Luo, 2011. "The Current State of the Financial Sector and the Regulatory Framework in Asian Economies—The Case of the People’s Republic of China," ADBI Working Papers 310, Asian Development Bank Institute.
    4. Roland Beck & Geoff Barnard, 2009. "Towards a Flexible Exchange Rate Policy in Russia," OECD Economics Department Working Papers 744, OECD Publishing.
    5. Dorsch, Michael T. & Maarek, Paul, 2018. "Rent extraction, revolutionary threat, and coups in non-democracies," Journal of Comparative Economics, Elsevier, vol. 46(4), pages 1082-1103.
    6. Eduardo Wiesner, 2008. "The Political Economy of Macroeconomic Policy Reform in Latin America," Books, Edward Elgar Publishing, number 12913.
    7. Maciej Krzak & Grzegorz Poniatowski & Katarzyna Wasik, 2014. "Measuring financial stress and economic sensitivity in CEE countries," CASE Network Reports 0117, CASE-Center for Social and Economic Research.
    8. Anders Gustafsson, 2019. "Busy doing nothing: why politicians implement inefficient policies," Constitutional Political Economy, Springer, vol. 30(3), pages 282-299, September.
    9. Huub Meijers & Joan Muysken & Olaf Sleijpen, 2015. "The deposit financing gap: another Dutch disease," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 12(1), pages 32-50, April.
    10. Torsten Persson & Guido Tabellini, "undated". "Political Institutions and Policy Outcomes: What are the Stylized Facts?," Working Papers 189, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    11. Coşgel, Metin M. & Miceli, Thomas J. & Rubin, Jared, 2012. "The political economy of mass printing: Legitimacy and technological change in the Ottoman Empire," Journal of Comparative Economics, Elsevier, vol. 40(3), pages 357-371.
    12. Ftiti, Zied & Aguir, Abdelkader & Smida, Mounir, 2017. "Time-inconsistency and expansionary business cycle theories: What does matter for the central bank independence–inflation relationship?," Economic Modelling, Elsevier, vol. 67(C), pages 215-227.
    13. Harrison, Mark, 2013. "Accounting for Secrets," The Journal of Economic History, Cambridge University Press, vol. 73(4), pages 1017-1049, December.
    14. Thanh C. Nguyen & Vítor Castro & Justine Wood, 2022. "Political environment and financial crises," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(1), pages 417-438, January.
    15. Vítor Castro & Rodrigo Martins, 2015. "Budget, expenditures composition and political manipulation: Evidence from Portugal," NIPE Working Papers 4/2015, NIPE - Universidade do Minho.
    16. Antonio C. David & Can Sever, 2024. "Electoral cycles in tax reforms," Empirical Economics, Springer, vol. 67(2), pages 495-529, August.
    17. Gregory, Paul R. & Schröder, Philipp J.H. & Sonin, Konstantin, 2011. "Rational dictators and the killing of innocents: Data from Stalin's archives," Journal of Comparative Economics, Elsevier, vol. 39(1), pages 34-42, March.
    18. Michael K Miller, 2013. "Electoral authoritarianism and democracy: A formal model of regime transitions," Journal of Theoretical Politics, , vol. 25(2), pages 153-181, April.
    19. MARTÍNEZ-RUIZ, Elena & NOGUES-MARCO, Pilar, 2018. "The Political Economy of Exchange Rate Stability During the Gold Standard. Spain 1874—1914," Discussion paper series HIAS-E-75, Hitotsubashi Institute for Advanced Study, Hitotsubashi University.
    20. Stein, Ernesto H. & Streb, Jorge M., 2004. "Elections and the timing of devaluations," Journal of International Economics, Elsevier, vol. 63(1), pages 119-145, May.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:ceasxx:v:64:y:2012:i:4:p:737-760. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/ceas .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.