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These include a more stable macroeconomic environment through the fiscal consolidation programme, a more favourable balance of trade buttressed by expanding oil exports and an increasingly sophisticated financial system, as evidenced by a soon-to-be-launched com­modities exchange and increased integration with regional and international securities markets. Risks remain, however. High interest rates, inflation and public debt in the face of stubbornly low levels of private sector lending and insurance penetration will likely remain through 2017. Nonetheless, the govern­ment has demonstrated a commitment to undertak­ing the structural reforms that are necessary to bring down interest rates, stabilise the currency and get Ghana’s fiscal house in order.
This book explores the myriad issues that play out in the upstream petroleum industry of Ghana from a legal perspective. Focusing on Ghana as an emerging petroleum country, Thomas Kojo Stephens begins by examining whether the existing constitutional framework will be effective in governing the expanding oil and gas sector. Drawing on various approaches proffered by other experts in the field, Stephens looks at possible institutional structures that could be put in place and juxtaposes these ideas with the experience of Ghana to test the efficacy of these proposals. He also explores the types of contractual frameworks currently implemented in Ghana for comparison with other emerging petroleum economies, examining the barriers to effectiveness, novel provisions that must be incorporated, and lessons learned from other regions. Finally, the book highlights how vital it is for the Ghanaian State to monitor the use of petroleum revenue and make ethical investment decisions that prioritize the interests of Ghanaian citizens. Upstream Oil and Gas in Ghana will be of great interest to students and scholars of energy law and policy, oil and gas management, and African Studies more broadly, as well as those working in the upstream petroleum industry.
In Pursuit of Jubilee Field is about a businessman who rose to the challenge and initiated an effort that would result in one of the largest discoveries of premium grade oil on the African continent. It was the opportunity of a lifetime. Yet, even before a drop of oil could be pumped, a firestorm would ensue when the new government of Ghana launched a criminal investigation of George Owusu, bringing the nation's fledgling oil industry to the brink of chaos and plunging his life into a nightmare. This riveting story answers many of the questions from George's point of view and captures how one man, upon whom the nation had bestowed its most coveted award, becomes a target, overnight. As often as not in life, good deeds, honesty and hard work aren't always met with joy. But integrity and fortitude always triumphs.
Ghana, the former British West African colony of the Gold Coast, is known for its rich agricultural, mineral, and petroleum resources. Ghana has made tremendous strides in all areas of life and has become the gateway to West Africa, if not all of Africa. Observers now cite the country’s achievement of economic recovery, political stability, and democratized governance as an example worthy of emulation by other African countries. Historical Dictionary of Ghana, Fifth Edition contains a chronology, an introduction, and an extensive bibliography. The dictionary section has more than 900 cross-referenced entries on important personalities as well as aspects of the country’s politics, economy, foreign relations, religion, and culture. This book is an excellent resource for students, researchers, and anyone wanting to know more about Ghana.
This book gives a comprehensive overview of Ghana’s hydrocarbon economy using actor network and assemblage theories to contest the methodological nationalism of mainstream accounts of the resource curse in resource-rich countries. Drawing upon recent field research focused on Ghana’s oil and gas sector and utilizing the theoretical framework of actor network theory, the authors contend that there is an assemblage of political, economic, social and environmental networks, processes, actions, actors, and structures of power that coalesce to determine the extent to which the country’s hydrocarbon resources could be regarded as a "curse" or "blessing." This framing facilitates a better understanding of the variety (and duality) of local and global forces and power structures at play in Ghana’s growing hydrocarbon industry. Giving a nuanced and multi-perspectival analysis of the factors that underlie oil-engendered development in Ghana, this book will be of interest to students and scholars of African political economy, development and the politics of resource extraction.
This book explores the significant economic transformation of Ghana over the three decades since the end of the Cold War, focusing on the role of political-economic change and reform. The Politics of Economic Reform in Ghana presents a range of perspectives from scholars drawn from both academia and policy-making on the way Ghanaian economic reforms have been shaped by various political and economic actors. First, it establishes and debates the uniqueness of Ghana as a case study in Africa, and the developing world. Second, the book offers a broad account of how global and domestic political or institutional actors have contributed to shaping economic development in Ghana. Drawing on theoretical perspectives, the volume assesses how major political-economic changes have affected Ghana’s economic development. This book will be of interest to students, scholars, policymakers, and organizations interested in the economic and political advancement of Africa, as well as African Politics and Economics.
The Book, The Broadcasters Companion, described as the first of its kind, discusses the genesis of the broadcast industry and the history of broadcasting in Ghana. Furthermore, it treats script writing, programme production, news gathering, editing and presentation on both radio and television. Again, broadcast ethics and professionalism are underscored. Moreover, the amazingly fast growing phenomenon of broadcasting in the emerging global transformation is examined. Finally, there are appendices on broadcast vocabulary and questions. The book constitutes a treasured resource material for the practitioner, researcher, teacher, student and indeed the general reader.
Ghana, the former British colony of the Gold Coast, is historically known for being the first country to the south of the Sahara to attain political independence from colonial rule. It is known for its exports of cocoa and a variety of minerals, especially gold, and it is now an oil exporting country. But Ghana’s importance to the African continent is not only seen in its natural resources or its potential to expand its agricultural output. Rather the nation’s political history of nationalism, the history of military engagement in politics, record of economic depression and the ability to rise from the ashes of political and economic decay is the most unique character of the country. This fourth edition of Historical Dictionary of Ghana covers its history through a chronology, an introductory essay, appendixes, and an extensive bibliography. The dictionary section has over 900 cross-referenced entries on important personalities, politics, economy, foreign relations, religion, and culture. This book is an excellent access point for students, researchers, and anyone wanting to know more about Ghana.