CEU Electronic Theses and Dissertations, 2012
| Author | Harguth, Benjamin John |
|---|---|
| Title | Extracting Ghana's Potential: Dodging the Resource Curse and Promoting Development |
| Summary | Ghana’s recent oil discovery has led to optimism over its economic future. The potential revenues are considered to be a solution to the country’s human and economic development issues. However, in developing countries, oil wealth is often associated with poor economic performance, socioeconomic inequalities, corruption, and conflict – a paradox that has been coined the ‘resource curse.’ In order to beat the resource curse, Ghana must determine how to wisely use its newfound profits. To determine what reforms are necessary to best promote economic and human development, Ghana must perform a critical assessment of its constraints, challenges, and opportunities. In order to best utilize oil revenues, the government of Ghana must increase its institutional capacity, promote a robust governance framework, and stabilize its economy. Once these institutional reforms have been implemented, the government can determine how to best invest oil revenues, to foster economic and social development, and to create a sustainable future. |
| Supervisor | Thilo Bodenstein |
| Department | Public Policy MA |
| Full text | https://www.etd.ceu.edu/2012/harguth_benjamin.pdf |
Visit the CEU Library.
© 2007-2021, Central European University