Africa's natural resources and underdevelopment : how Ghana's petroleum can create sustainable economic prosperity / Kwamina Panford.

This book explores how African countries can convert their natural resources, particularly oil and gas, into sustainable development assets. Using Ghana, one of the continent's newest oil-producing countries, as a lens, it examines the "resource curse" faced by other producers - such...

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Bibliographic Details
Online Access: Full Text (via Springer)
Main Author: Panford, Martin Kwamina (Author)
Format: eBook
Language:English
Published: New York, NY, U.S.A. : Palgrave Macmillan, [2017]
Subjects:

MARC

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245 1 0 |a Africa's natural resources and underdevelopment :  |b how Ghana's petroleum can create sustainable economic prosperity /  |c Kwamina Panford. 
264 1 |a New York, NY, U.S.A. :  |b Palgrave Macmillan,  |c [2017] 
264 4 |c ©2017. 
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505 0 |a Preface; List of Abbreviations ; Contents; Chapter 1: Introduction; 1.1 Chapters and Organization of Book; Notes; Chapter 2: The Paradox of Africa's Natural Resource Wealth; 2.1 Africa's Natural Resource Wealth Side by Side with Daunting Poverty; 2.2 Africa's Abundant Natural Resources; Notes; Chapter 3: Can Natural Resource-Related Social and Economic Maladies Be Avoided in Africa?; 3.1 The Resource Curse Theorem: A Critical Analysis; 3.2 How Are Ghana's Resource-Rich Neighbors Doing?; 3.2.1 Nigeria: Big Oil and Gas Mismanagement; Nigeria's Legislation, Local Content and Practices. 
505 8 |a Nigeria's Oil-Related Sovereign Fund3.2.2 Angola: Conflict Diamond, Oil and the Mismanagement of Resources; Angola's Sovereign Wealth Account; 3.2.3 Democratic Republic of Congo: From King Leopold of Belgium to Mobutu and Exploitation by Neighbors; The Post-Mobutu Years; 3.2.4 Equatorial Guinea: A Small Petroleum-Rich but not Socially Prosperous Country; Notes; Chapter 4: Ghana's Petroleum: Will the Myth of Ghanaian Exceptionalism in Africa Be Sustained or Broken?; 4.1 120 Years of Disastrous Gold and Diamond Mining in Ghana; 4.1.1 Ghanaian Diamonds; 4.2 Early Oil Exploration in Ghana. 
505 8 |a 4.3 Background Information on Jubilee Field: Ghana's First Commercial Oil Field4.3.1 Gas from the Jubilee Field; 4.4 Ghana's Baptism of Fire; 4.5 Is Ghana Catching the Resource Disease and Its Enclave Effects?; 4.6 Sources of Petroleum Law and Key Institutions in Ghana; Notes; Chapter 5: Petroleum Production Challenges in Ghana; 5.1 Democracy and Transparency in Oil: Ineffective Parliamentary Oversight1; 5.2 Oil Revenue Management: Liberal Oil Leases and Low Corporate Taxes; 5.3 Local Content and Employment: Another Weak Link in Ghana's Oil and Gas Sector. 
505 8 |a 5.4 Corporate Social Responsibility: Public Relations, Image Building or a Social Development Tool?Notes; Chapter 6: Actual and Potential Conflicts Off- and Onshore in Ghana's Oil-Producing Region; 6.1 High Seas No-Go, No Light Restrictions and the Livelihoods of Artisanal Fishermen and Local Communities; 6.2 Potentially Combustible Mix of Land, Chieftaincy, Petroleum and CSR Funds On-Shore; 6.3 Latent Anger, Escalating, Rent, Land, Housing and Other Cost of Living in Ghana's New Oil Hub in Sekondi-Takoradi; Notes. 
505 8 |a Chapter 7: Policies for High-Value Contributions of Africa's Resources to Sustainable Development7.1 Lessons from Successful Countries; 7.2 Robust Local Content: Boosting Meaningful Local Participation; 7.3 Pivotal Roles of Tertiary Institutions in Science, Engineering, Technology, Education, Training and Work; 7.3.1 Existing University-Based Petroleum-Related Training Programs; 7.3.2 The Next Frontier of Tertiary Education: Training and Employment in Oil and Gas; 7.4 Converting Petroleum into Value Added and a Socially Transformative National Asset. 
504 |a Includes bibliographical references and index. 
520 |a This book explores how African countries can convert their natural resources, particularly oil and gas, into sustainable development assets. Using Ghana, one of the continent's newest oil-producing countries, as a lens, it examines the "resource curse" faced by other producers - such as Nigeria, Angola, and Equatorial Guinea - and demonstrates how mismanagement in those countries can provide valuable lessons for new oil producers in Africa and elsewhere. Relying on a broad range of fieldwork and policymaking experience, Panford suggests practical measures for resource-rich developing countries to transform natural resources into valuable assets that can help create jobs, boost human resources, and improve living and working conditions in Ghana in particular. He suggests fiscal, legal, and environmental antidotes to resource mismanagement, which he identifies as the major obstacle to socioeconomic development in countries that have historically relied on natural resources. > 
588 0 |a Vendor-supplied metadata. 
650 0 |a Economic development  |z Africa. 
650 0 |a Natural resources  |z Africa  |x Management. 
650 0 |a Oil fields  |z Ghana. 
650 0 |a Gas reservoirs  |z Ghana. 
651 0 |a Ghana  |x Economic conditions  |y 21st century. 
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