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Archive for the ‘Ghana’ Category

New From the GAO

February 7, 2013 Comments off

New GAO Reports
Source: Government Accountability Office

Cuba Democracy Assistance
USAID’s Program Is Improved, but State Could Better Monitor Its Implementing Partners
GAO-13-285, Jan 25, 2013

Space
Launch Services New Entrant Certification Guide
GAO-13-317R, Feb 7, 2013

Sex Offender Registration and Notification Act
Jurisdictions Face Challenges to Implementing the Act, and Stakeholders Report Positive and Negative Effects
GAO-13-211, Feb 7, 2013

Sex Offender Registration and Notification Act
Survey of States and Territories on Implementation of the Act (GAO-13-234SP, February 2013), an E-supplement to GAO-13-211
GAO-13-234SP, Feb 7, 2013

Sub-Saharan Africa
Case Studies of U.S and Chinese Economic Engagement in Angola, Ghana, and Kenya; a Supplement to GAO-13-199
GAO-13-280SP, Feb 7, 2013

Sub-Saharan Africa
Trends in U.S. and Chinese Economic Engagement
GAO-13-199, Feb 7, 2013

Ghana: Will it be Gifted or Will it be Cursed?

May 22, 2011 Comments off

Ghana: Will it be Gifted or Will it be Cursed?
Source: International Monetary Fund

Will Ghana’s oil production from 2011 accelerate progress toward middle-income status, or will it retard gains in living standards through a possible “resource curse”? This paper examines the likelihood of “resource curse” effects, drawing on a dataset of 150 low and middle income countries from 1973 to 2008 using static and dynamic panel estimation techniques. Results confirm that resource rich countries in Ghana’s income range do experience slower growth than their more diversified peers, an effect that appears to be related to weaker governance. Provided that Ghana can preserve and improve its economic governance and also strengthen fiscal management, prospects look good for converting its oil wealth into sustained strong economic growth.

+ Full Paper (PDF)

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