Full Description
This book explores Ghana's newfound oil wealth and how the revenues it generates can be used to produce inclusive economic growth and development. Comparisons are made with neighboring countries, including Nigeria, Angola, and Equatorial Guinea, to highlight how petroleum resources can create jobs, increase research and development skills, and generate government revenue to invest in local services and infrastructure. The impact of global developments, such as the 2014-16 oil slump and innovation within the industry, are also covered.
Petroleum Resource Management in Africa to provide policy suggestions and an operational framework for other petroleum producing countries. It will be of interest to academics and policymakers interested in resource and development economics.
Contents
1. Introduction: Ghana's Petroleum Industry in Transition.- 2. Examining Ghana's New Exploration and Production Act and Other Legislative Developments.- 3. The Ghana-Cote-d'Ivoire Maritime Border Dispute and Transboundary Resource Management in the Gulf of Guinea.- 4. Upstream Petroleum Fiscal Regimes: Is Ghana's Tax Regime Fit for Purpose?.- 5. The Petroleum Commission and Management of Ghana's Petroleum Resources.- 6. The Ghana National Petroleum Corporation (GNPC) and its Contribution as a National Oil Company.- 7. Social Equity and Conflicts in the Six Coastal Communities of the Western Region of Ghana.- 8. Local Content and Local Participation in Ghana's Oil and Gas Industry: Has Ghana Gotten It Right?.- 9. Fiscal Policy and Petroleum Revenue Management: Is Ghana on the Path to Beating the Resource Curse?.- 10. Oil and Socio-Urban Economic Development in the Western Region.- 11. The State, Governance and the Upstream Oil and Gas Industry in Ghana.- 12. Public Interest Organisations, Transparency Initiatives and Petroleum Sector Oversight and Accountability.- 13. Utilising Ghana's Gas Resources: Implications for Industrial Development and Inclusive Growth.- 14. The Energy Transition and Africa's Oil and Gas Resources: Opportunities and Challenges.- 15. Petroleum Resource Management Lessons from New African and Other Petroleum-Producing Countries.- 16. Conclusion: The Future of Africa's Petroleum Industry.
