Economy-Wide Impact of Oil Discovery in Ghana - World Bank

i Report No. 47321-GH Economy-Wide Impact of Oil Discovery in Ghana November 30, 2009 PREM 4 Africa Region Document of the World Bank This document has a restricted distribution and may be used by recipients only in the performance of their official

Economy of Ghana - Wikipedia

The economy of Ghana has a diverse and rich resource base, including the manufacturing and exportation of digital technology goods, automotive and ship construction and exportation, and the exportation of diverse and rich resources such as hydrocarbons and industrial minerals.

How oil is affecting Ghana's economy - How We Made It …

Ghana started with offshore oil production towards the end of 2010, and the industry has been responsible for much of the country's rapid economic growth in recent years. GDP growth decelerated from 14.4% in 2011 to 7.1% in 2012. The economic growth peak in 2011 was due to the start up of oil production. Ghana's medium-term outlook remains healthy, with projected GDP growth of 8% in 2013 ...

Review: Oiling the Urban Economy: Land, Labour, …

The twin-city of Sekondi-Takoradi was until recently better known as the site of the first of Ghana's modern seaports, and as the place where the now almost defunct Ghana rail system started from in 1902. Since 2007, however, when offshore oil and gas deposits were discovered in the Cape Three

The economic impact of Ghana's oil industry - News ...

The country, he added, should view its billion-dollar oil industry as a catalyst for economic growth and development, using revenue to invest in green energy and jobs in the oil and gas sector. "Ghana should use this money to diversify its economy and finance economic transformation," Panford said.

THE IMPACT OF OIL AND GAS DISCOVERY AND EXPLORATION …

in the Western Region of Ghana, an analysis of the oil and gas policies of Ghana from a gender perspective, and finally an assessment of the existing literature on the impact of the discovery and exploration of oil on local communities in the developing world and

Economy-Wide Impact of Oil Discovery in Ghana

Cudjoe, Godsway & Breisinger, Clemens & Diao, Xinshen, 2008. "Local impacts of a global crisis: Food price transmission and poverty impacts in Ghana," GSSP working papers 15, International Food Policy Research Institute (IFPRI).

Counting the benefits: Ghana's oil wealth and development ...

The World Bank Report "World Bank on the Economy-Wide Impact of Oil Discovery in Ghana, 2009" estimates that Ghana's infrastructure financing gap ranges between US$ 350 and 800 million. This means the provision of public infrastructure through increased budgetary allocations complemented by oil revenues could serve as an enormous boost to meeting the development needs of the country. The ...

Economy-Wide Impact of Oil Discovery in Ghana ...

Reporting Oil and Gas project was launched on 4th June 2009 at Takoradi, Western Region, Ghana by Penplusbytes () with the vision of providing a one stop online information and knowledge about Ghana's oil and gas sector read more

ADVANTAGES AND DISADVANTAGES OF THE …

2011-04-27· Ghana's recent discovery of offshore oil is seen by many as an opportunity to overcome persisting structural weaknesses and has raised Ghana's …