Petroleum Resource Management in Africa

Download or read book Petroleum Resource Management in Africa written by Theophilus Acheampong and published by Springer Nature. This book was released on 2022-05-03 with total page 661 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores Ghana’s newfound oil wealth and how the revenues it generates can be used to produce inclusive economic growth and development. Comparisons are made with neighboring countries, including Nigeria, Angola, and Equatorial Guinea, to highlight how petroleum resources can create jobs, increase research and development skills, and generate government revenue to invest in local services and infrastructure. The impact of global developments, such as the 2014-16 oil slump and innovation within the industry, are also covered. Petroleum Resource Management in Africa to provide policy suggestions and an operational framework for other petroleum producing countries. It will be of interest to academics and policymakers interested in resource and development economics.