Resource nationalism - subtle moves

Resource nationalism isn't just the expropriation of major companies or industries, like YPF in Argentina - it also takes subtler forms. James Smither, associate director at risk consultancy Maplecroft, explains to Rob Minto how shifts in commodity prices can undermine a country's resource leverage and the more nuanced ways revenue can be retained within domestic borders.

[nageshojha]

Resource nationalism's map grips the whole world in different propensity, i.e. extreme, high, medium and low. This shows a growing tendency/elements of state capitalism in a subtle manner. Though states advanced capitalism to get maximum but never left the bridle beyond a certain limit. In the name of regulations/corrections strong nations always make sure of drawing the reins by hook or crook. In fact, states consciousness to value their resources undermining that strategy of selfish states.