Description:

The talk explores three competing models countries that adopt to determine who owns the oil and how revenues are divided. It examines how an Indonesian innovation from 1960 has become the dominant model throughout the developing world and what that tells us about how policy ideas spread across different types of countries.

Nicole Weygandt is a Northwestern Buffett postdoctoral fellow who received her PhD in political science from Cornell University in 2017 and was previously a postdoctoral fellow at Princeton University’s Niehaus Center for Globalization and Governance. Her research centers on the diffusion of laws and policies, emphasizing the role of developing countries and private sector actors in these processes. She is working on a book manuscript that explores the mechanisms underlying the diffusion of petroleum fiscal systems across developing countries over the past half-century. 

The Northwestern Buffett Faculty & Fellows Colloquium brings together an interdisciplinary audience to build awareness of global research on campus. This series promotes dialogue on scholarship and develops a deeper sense of community among Buffett Institute affiliates. Each meeting lasts one hour; lunch is provided.