Managing oil revenue in Ghana: Controlling spending is the key
With an average growth rate of 5 percent and a reduction of poverty by one-half over the past two decades, Ghana is a recent success story and a rising star in African development. Yet the country remains dependent on relatively few external sources of income and its external debt has started to ris...
| Main Authors: | , |
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| Format: | Brief |
| Language: | Inglés |
| Published: |
International Food Policy Research Institute
2010
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/154666 |
| _version_ | 1855524037916098560 |
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| author | Diao, Xinshen Breisinger, Clemens |
| author_browse | Breisinger, Clemens Diao, Xinshen |
| author_facet | Diao, Xinshen Breisinger, Clemens |
| author_sort | Diao, Xinshen |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | With an average growth rate of 5 percent and a reduction of poverty by one-half over the past two decades, Ghana is a recent success story and a rising star in African development. Yet the country remains dependent on relatively few external sources of income and its external debt has started to rise again (IMF 20081). The recent discovery of offshore oil is seen by many as an important new source of income, and an opportunity to overcome persisting structural weaknesses in exports and the economy as a whole, and raise Ghana's prospects of becoming a frontrunner in African development. |
| format | Brief |
| id | CGSpace154666 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2010 |
| publishDateRange | 2010 |
| publishDateSort | 2010 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1546662025-11-06T06:06:18Z Managing oil revenue in Ghana: Controlling spending is the key Diao, Xinshen Breisinger, Clemens development With an average growth rate of 5 percent and a reduction of poverty by one-half over the past two decades, Ghana is a recent success story and a rising star in African development. Yet the country remains dependent on relatively few external sources of income and its external debt has started to rise again (IMF 20081). The recent discovery of offshore oil is seen by many as an important new source of income, and an opportunity to overcome persisting structural weaknesses in exports and the economy as a whole, and raise Ghana's prospects of becoming a frontrunner in African development. 2010 2024-10-01T14:03:01Z 2024-10-01T14:03:01Z Brief https://hdl.handle.net/10568/154666 en Open Access application/pdf International Food Policy Research Institute Diao, Xinshen; Breisinger, Clemens. 2010. Managing oil revenue in Ghana: Controlling spending is the key. GSSP Policy Note 2. https://hdl.handle.net/10568/154666 |
| spellingShingle | development Diao, Xinshen Breisinger, Clemens Managing oil revenue in Ghana: Controlling spending is the key |
| title | Managing oil revenue in Ghana: Controlling spending is the key |
| title_full | Managing oil revenue in Ghana: Controlling spending is the key |
| title_fullStr | Managing oil revenue in Ghana: Controlling spending is the key |
| title_full_unstemmed | Managing oil revenue in Ghana: Controlling spending is the key |
| title_short | Managing oil revenue in Ghana: Controlling spending is the key |
| title_sort | managing oil revenue in ghana controlling spending is the key |
| topic | development |
| url | https://hdl.handle.net/10568/154666 |
| work_keys_str_mv | AT diaoxinshen managingoilrevenueinghanacontrollingspendingisthekey AT breisingerclemens managingoilrevenueinghanacontrollingspendingisthekey |