Petro-politics refers to the intersection of political power and the control of oil resources, where the flow of oil significantly influences international relations and domestic policies. It is characterized by a dependence on oil revenues, impacting geopolitical strategies, economic stability, and often the governance and democratic processes of oil-rich countries.

Petro-politics

Political power is the capacity of an individual or group to influence the actions, beliefs, or conduct of others within a political system. It is often derived from authority, resources, and social influence, and can manifest through various forms such as coercion, persuasion, or legitimate authority.

Political Power

Control of oil resources

Flow of oil

International relations is the study of the interactions among states and non-state actors on the global stage, focusing on diplomacy, conflict, and cooperation. It encompasses a wide range of issues including security, trade, human rights, and environmental policies, seeking to understand the underlying forces that shape global politics.

International Relations

Domestic policies refer to the decisions and actions that a government takes to address issues within its own borders, focusing on improving the welfare of its citizens and the country's internal conditions. These policies cover a wide range of areas including economic management, healthcare, education, and social welfare, tailored to meet the specific needs and challenges of the nation.

Domestic Policies

Dependence on oil revenues

Geopolitical Strategies

Economic stability refers to a state in which an economy experiences constant output growth and low and stable inflation, fostering an environment conducive to investment and long-term planning. It is crucial for maintaining confidence among consumers and investors, reducing uncertainty, and promoting sustainable economic development.

Economic Stability

Governance refers to the frameworks, processes, and systems by which organizations, institutions, or societies are directed, controlled, and held accountable. It encompasses the mechanisms through which power and authority are exercised, ensuring transparency, accountability, and stakeholder participation in decision-making.

Governance

Democratic processes are structured methods used to ensure citizen participation, representation, and accountability within a political system. These processes are crucial for the functioning of democratic societies, as they provide mechanisms for free and fair elections, decision-making, and protection of individual rights.

Concepts

Relevant Degrees

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