The case of oil in the Shetland Islands

Blackadder, Andrew

Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/39308

Title:	The case of oil in the Shetland Islands
Other Titles:	Competing strategies of socio-economic development for small islands
Authors:	Blackadder, Andrew
Keywords:	Shetland (Scotland) Shetland (Scotland) -- Economic conditions Petroleum industry and trade -- Scotland -- Shetland Islands -- Economic conditions
Issue Date:	1998
Publisher:	Institute of Island Studies, University of Prince Edward Island
Citation:	Blackadder, A. (1998). The case of oil in the Shetland Islands. In G. Baldacchino, & R. Greenwood (Eds.), Competing strategies of socio-economic development for small islands (pp. 91-118), [An Island Living Series; V. 2]. Charlottetown: Institute of Island Studies, University of Prince Edward Island.
Abstract:	Shetland is an archipelago of over one hundred windswept islands with a barren and hilly terrain. As a result of its landscape, Shetlanders have relied more on the sea for a living than on the land. This chapter examines the socio-economic impact of oil on this island community. Rather than succumbing to a notorious, "Dutch disease" -type dependence on this one commodity, the Shetlands case demonstrates the ability of a particular island community to plan the dramatic impact of a resource-based industry. The case also illustrates how valuable concessions were extracted from external developers in order to safeguard local interests and to improve long-term social and economic sustainability.
URI:	https://www.um.edu.mt/library/oar//handle/123456789/39308
ISBN:	0919013236
Appears in Collections:	Competing strategies of socio-economic development for small islands

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