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Provide a 40 pages analysis while answering the following question: EFFECTIVE MANAGEMENT OF THE IMERGING OIL AND GAS INDUSTRY IN GHANA(CAN GHANA AVOID A RESOURSE CURSE). Prepare this assignment accord

Provide a 40 pages analysis while answering the following question: EFFECTIVE MANAGEMENT OF THE IMERGING OIL AND GAS INDUSTRY IN GHANA(CAN GHANA AVOID A RESOURSE CURSE). Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required. Whether or not Ghana’s current institutional framework will be capable of meeting the challenges posed by oil exploitation, and will be able to use this opportunity to bring greater prosperity and stability to the country, is a difficult question. In this paper, the reasons why other oil producers have failed to make a success of this industry will be examined. Having made this analysis, recommendations will be given for how Ghana can channel its new mineral wealth into strong economic growth and an improvement in living standards across the country. Contents 1. Introduction 1.1 West African Oil Production 1.2 Western Interests 1.3 Advantages of West African Oil 1.4 The ‘Resource Curse’ 1.5 Ghana 1.6 Oil Exploitation in Ghana 1.7 Drilling Begins 1.8 Chinese Interest 2. Literature Review 2.1 Ghana’s Success 2.2 Kosmos-Exxon Mobil Contract 2.3 Warnings of a Resource Curse 2.4 The Beginnings of Insurgency 2.5 Excessive Borrowing 2.6 The Nigerian Experience 3. Methodology 3.1 Choice of Subject 3.2 Data Collection and Analysis 4. Recommendations 4.1 Democracy 4.2 Transparency and Accountability 4.3 Investor Confidence 4.4 Role of Foreign Oil Companies and Governments 4.5 Revenue Management 4.6 A Diverse Economy 5. Conclusion Bibliography Figures Fig.1. Sources of U.S. Oil Imports, 2007 Fig.2. Ghana’s offshore oil fields. Fig.3.

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