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Africa's Natural Resources and Underdevelopment - How Ghana's Petroleum Can Create Sustainable Economic Prosperity (Hardcover, 1st ed. 2017)
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Africa's Natural Resources and Underdevelopment - How Ghana's Petroleum Can Create Sustainable Economic Prosperity (Hardcover, 1st ed. 2017)
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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.
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