Asia's Rising Energy and Resource Nationalism
Implications for the United States, China, and the Asia-Pacific Region
Publication Year: 2011
Published by: National Bureau of Asian Research
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Title Page, Copyright
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Table of Contents
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Introduction: Asia’s Rising Energy and Resource Nationalism
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Over the past decade, Asia has become the center of global energy and commodity markets as demand for these resources has mirrored the region’s rapid economic growth. This trend is most pronounced in the case of energy, in which rapid industrialization, massive urbanization, rising per capita incomes, and the expansion of transportation...
Resource Nationalism in the Asia-Pacific: Why Does It Matter?
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Fears about resource nationalism tend to rise and fall with the price of gas at the pump. In the mid-1980s, policymakers and analysts were sanguine about energy security risks as oil prices fell to $10–$20 a barrel in nominal terms. But the perceived risks of relying on a volatile international oil market increased when prices began to trend upward in the 2000s...
Energy Nationalism Goes to Sea in Asia
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Energy nationalism describes a situation in which governments seek assertively to obtain and protect energy supplies, employing tactics ranging from augmented diplomatic and financial support for acquiring oil and gas reserves to using military posturing and action to secure resource deposits and protect supply lines such as sea lanes.1 Maritime energy...
Asia’s National Oil Companies and the Competitive Landscape of the International Oil Industry
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Over the past fifteen years, Asia’s national oil companies (NOC) have become active and increasingly substantial players in the global oil and gas industry. While China’s “big three” NOCs—China Petrochemicals Corporation (Sinopec), China National Petrolium Corporation (CNPC, or PetroChina), and China National Offshore Oil Corporation...
Rare Earth Minerals and Commodity Resource Nationalism
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In July 2010, China’s Ministry of Commerce announced that it would cut rare earth element (REE) exports by 72% for the second half of 2010.1 Half a year later on December 28, 2010, and despite international outcry, Beijing announced its 2011 REE export quotas would be 14,446 tons, further cutting its outbound shipment of REEs by more than 11%.2 This curb heightened...
Rare Earth Trade Challenges and Sino-Japanese Relations:A Rise of Resource Nationalism?
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This essay considers the challenges in the trade of rare earth minerals (REM) and the impact of these issues on the Sino-Japanese relationship. The first section examines the role of REMs in the Japanese economy and the Sino-Japanese trade relationship, while the second section discusses China’s restrictions on rare earth exports. Sections three and...
Asia’s Rising Energy and Resource Nationalism: Conclusions and Implications for the United States
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The conference discussion, essays, and comparative analysis of this year’s annual Energy Security Conference bring into sharp relief the range of new political and diplomatic challenges rippling outward from energy and resource insecurity in Asia. Put simply, the atmosphere of zero-sum competition between countries over access to and control...
NBR’s Energy Security Program and the Pacific Energy Summit
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Page Count: 74
Publication Year: 2011