Global political economy and Frontier economies in Africa: Implications from the oil and gas industry in Ghana

Obeng‐Odoom, Franklin

doi:10.1016/j.erss.2015.06.009

Cited by 48 publications

(17 citation statements)

References 70 publications

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“…Some of the earlier studies on STMA have increasingly depicted the city as becoming an important hub for both local and trans-national economic activities (see Debrah and Graham, 2015;Eduful and Hooper, 2015;Obeng-Odoom, 2015). The current study highlights the tangible benefits ordinary residents in STMA enjoy from the oil bounty.…”

Section: The Survey Results and Analysismentioning

confidence: 66%

‘The Oil is Drilled in Takoradi, but the Money is Counted in Accra’: The Paradox of Plenty in the Oil City, Ghana

Oteng-Ababio

2016

Journal of Asian and African Studies

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Recent scholarship on Ghana's oil industry has focused primarily on its grand contributions to the national economy while its intra-city impact has received less academic attention. Borrowing from Terry Karl's interpretation of the paradox of plenty, and drawing on empirical evidence from 25 purposefully selected interviewees, the study examines how the oil production off the shores of Sekondi-Takoradi is creating complex processes of accumulation, contradiction, and displacement in a low-income community-New Takoradi. The results point to the accentuation of socio-economic risks in the community following the inflow of oil revenue which is shaping government's macro-level policies. The paper opines that without attention to place-specific contexts, understanding its socio-economic risks and decadence, and its semblance of strong resilience becomes deceptive. The paper concludes that context and situation are significant for how and to what degree the oil boom matters in the oil city.

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Section: The Survey Results and Analysismentioning

confidence: 66%

‘The Oil is Drilled in Takoradi, but the Money is Counted in Accra’: The Paradox of Plenty in the Oil City, Ghana

Oteng-Ababio

2016

Journal of Asian and African Studies

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“…Lewis the great pragmatic economist was always skilled in this way, even when the politics eventually stretched economics to the limit. ‡ ‡ ‡ The impact of oil is of course a complex matter with a range of interacting causal factors-see Obeng-Odoom (2015).…”

Section: Resultsmentioning

confidence: 99%

W. Arthur Lewis and the Roots of Ghanaian Economic Policy

Kanbur¹

2017

The Economy of Ghana Sixty Years After Independence

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“…Like other studies, the work by Kumah-Abiwu and his colleagues has underscored the significance of the strong institutions/good governance argument, but these scholars have also suggested the need for further scholarly works on oil sector governance [13]. Obeng-Odoom's authoritative review of the state of gas and oil research in Ghana [14] has equally set a good scholarly tone for this article's central argument. As one of the leading scholars on Ghana's oil and gas sector, Obeng-Odoom provides wise counsel on the need to bolster the theoretical aspect of the fast growing studies on Ghana's oil and gas sector [14].…”

Section: Introductionmentioning

confidence: 99%

“…Obeng-Odoom's authoritative review of the state of gas and oil research in Ghana [14] has equally set a good scholarly tone for this article's central argument. As one of the leading scholars on Ghana's oil and gas sector, Obeng-Odoom provides wise counsel on the need to bolster the theoretical aspect of the fast growing studies on Ghana's oil and gas sector [14]. This article shares similar ideas and extends the scholarly and policy works on Ghana's oil wealth, especially on oil sector governance with a strong theoretical grounding.…”

Section: Introductionmentioning

confidence: 99%

Democratic Institutions, Natural Resource Governance, and Ghana’s Oil Wealth

Kumah-Abiwu

2017

Social Sciences

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Abstract:The literature on natural resources is endowed with works on countries that have experienced slow economic performance despite their abundant natural resources (resource curse), with the exception of Norway and other few countries. Strong institutions and good governance practices have been underscored as some of the explanatory factors to the high performance of the outlier countries. Ghana's oil discovery in the era of its advancing democratic practices has led some to argue that the country might escape the resource curse phenomenon. While recognizing the importance of this argument, this article, however, argues that Ghana's likelihood of escaping the resource curse could be problematic due to its exclusive emphasis on democratic governance without greater focus on oil sector governance. Drawing on the theory of agenda setting and the existing literature, the article makes the case for agenda shift in the debate on Ghana's oil wealth and development. It stresses the need for a dualistic governance (the democratic and the oil sector) approach in the broader discourse on how Ghana can escape the resource curse.

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Global political economy and Frontier economies in Africa: Implications from the oil and gas industry in Ghana

Cited by 48 publications

References 70 publications

‘The Oil is Drilled in Takoradi, but the Money is Counted in Accra’: The Paradox of Plenty in the Oil City, Ghana

‘The Oil is Drilled in Takoradi, but the Money is Counted in Accra’: The Paradox of Plenty in the Oil City, Ghana

W. Arthur Lewis and the Roots of Ghanaian Economic Policy

Democratic Institutions, Natural Resource Governance, and Ghana’s Oil Wealth

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