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Despite Ghana's strong democratic track record in recent decades, the economy remains underdeveloped. Industrial policies are necessary to transform the colonial trading economy that Ghana inherited at independence, but successive governments have been unwilling or unable to implement them. In this highly original interpretation, supported by new empirical material, Lindsay Whitfield exposes the reasons for why the Ghanaian economy remains underdeveloped and sets her theory in the wider African context. She offers a new way of thinking about the political economy of Africa that charts a clear path away from defining Africa in terms of neopatrimonial politics and that provides new conceptual tools for addressing what kind of business-state relations are necessary to drive economic development. As a study of Ghana that addresses both the economy and politics from early colonialism to the present day, this is a must-read for any student or scholar interested in the political economy of development in Africa.

Economic development --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Ghana --- Chia-na --- Dēmokratia tēs Gkanas --- Gáana --- Gana --- Gana ka Fasojamana --- Gana Konghwaguk --- Gana Respublikaḣy --- Ganæ --- Ganah --- Ganao --- Ganmudin Orn --- Ghana Vabariik --- Ghanako Errepublika --- Ghaney --- Ghanská republika --- Gkana --- Government of Ghana --- Gweriniaeth Ghana --- Hana (Ghana) --- IGana --- Ochíchìíwú Ghana --- Pobblaght ny Ganey --- Poblachd Ghàna --- Poblacht Ghána --- Qana --- Qana Respublikası --- Repubblica del Ghana --- Republic of Ghana --- República de Ghana --- Rèpublica du Gana --- Republik Ghana --- Republika Gana --- Republiḳat Ganah --- République du Ghana --- Rėspublika Hana --- Respublikæ Ganæ --- Tjóðveldið Gana --- Yn Ghaney --- Γκάνα --- Δημοκρατία της Γκάνας --- Рэспубліка Гана --- Республикæ Ганæ --- Република Гана --- Ганæ --- Гана --- Ганмудин Орн --- רפובליקת גאנה --- גאנה --- ガーナ --- 가나 --- 가나 공화국 --- Ashanti --- Gold Coast --- Northern Territories of the Gold Coast --- Togoland (British) --- Economic conditions --- Commerce.

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This book explores how African countries can convert their natural resources, particularly oil and gas, into sustainable development assets. Using Ghana, one of the continent’s newest oil-producing countries, as a lens, it examines the "resource curse" faced by other producers - such as Nigeria, Angola, and Equatorial Guinea - and demonstrates how mismanagement in those countries can provide valuable lessons for new oil producers in Africa and elsewhere. Relying on a broad range of fieldwork and policymaking experience, Panford suggests practical measures for resource-rich developing countries to transform natural resources into valuable assets that can help create jobs, boost human resources, and improve living and working conditions in Ghana in particular. He suggests fiscal, legal, and environmental antidotes to resource mismanagement, which he identifies as the major obstacle to socioeconomic development in countries that have historically relied on natural resources. >.

Energy policy. --- Energy and state. --- Industrial organization. --- Development economics. --- Economics. --- African Economics. --- Development Economics. --- Industrial Organization. --- Natural Resource and Energy Economics. --- Energy Policy, Economics and Management. --- Economics --- Economic theory --- Political economy --- Social sciences --- Economic man --- Africa—Economic conditions. --- Natural resources. --- National resources --- Natural resources --- Resources, Natural --- Resource-based communities --- Resource curse --- Industries --- Organization --- Industrial concentration --- Industrial management --- Industrial sociology --- Economic development --- Economic aspects --- Energy and state --- Power resources --- State and energy --- Industrial policy --- Energy conservation --- Government policy --- 2000-2099 --- Ghana --- Africa. --- Ghana. --- Economic conditions --- Chia-na --- Dēmokratia tēs Gkanas --- Gáana --- Gana --- Gana ka Fasojamana --- Gana Konghwaguk --- Gana Respublikaḣy --- Ganæ --- Ganah --- Ganao --- Ganmudin Orn --- Ghana Vabariik --- Ghanako Errepublika --- Ghaney --- Ghanská republika --- Gkana --- Gold Coast --- Government of Ghana --- Gweriniaeth Ghana --- IGana --- Ochíchìíwú Ghana --- Pobblaght ny Ganey --- Poblachd Ghàna --- Poblacht Ghána --- Qana --- Qana Respublikası --- Repubblica del Ghana --- Republic of Ghana --- República de Ghana --- Rèpublica du Gana --- Republik Ghana --- Republika Gana --- Republiḳat Ganah --- République du Ghana --- Rėspublika Hana --- Respublikæ Ganæ --- Tjóðveldið Gana --- Yn Ghaney --- Africa --- Eastern Hemisphere --- Hana (Ghana) --- Γκάνα --- Δημοκρατία της Γκάνας --- Рэспубліка Гана --- Республикæ Ганæ --- Република Гана --- Ганæ --- Гана --- Ганмудин Орн --- רפובליקת גאנה --- גאנה --- ガーナ --- 가나 --- 가나 공화국 --- Ashanti --- Northern Territories of the Gold Coast --- Togoland (British) --- Dēmokratia tēs Gkanas --- Gáana --- Gana Respublikaḣy --- Ganæ --- Ghanská republika --- Ochíchìíwú Ghana --- Poblachd Ghàna --- Poblacht Ghána --- Qana Respublikası --- República de Ghana --- Rèpublica du Gana --- RepublikÌ£at Ganah --- République du Ghana --- Rėspublika Hana --- Respublikæ Ganæ --- Tjóðveldið Gana --- D�emokratia t�es Gkanas --- G�aana --- Gana Respublika�hy --- Gan� --- Ghansk�a republika --- Och�ich�i�iw�u Ghana --- Poblachd Gh�ana --- Poblacht Gh�ana --- Qana Respublikas� --- Rep�ublica de Ghana --- R�epublica du Gana --- Republi�kat Ganah --- R�epublique du Ghana --- R�espublika Hana --- Respublik� Gan� --- Tj�o�veldi� Gana