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Ghana: Selected Petroleum Laws and Sources of Law 1. Constitution of the Republic of Ghana, 1992. 2. GNPC Law (PNDCL 64) 1983. 3. Petroleum Commission Act 821, 2011. 4. Petroleum Revenue Management Act 815, 2011. 5. Petroleum (Local Content and Local Participation) Regulations, 2013 LI 2204. 6. Model Petroleum Agreement (2000). 7. Petroleum Exploration and Production Bill. August 4 2016. Index

A 164–6, 171, 182, 184–6, 188, Accra, vii, 10n3, 18, 29n7, 37, 100, 198–202 101, 106, 110, 117n15, 117n17, Africa-neocolonialism 117n23, 117n25, 118n30, impact on resource extraction/ 118n31, 119n37, 131, 138, utilization, 2, 42 142n12, 157, 159n11, 167, 168, role in underdevelopment, 2, 42 172, 174, 175, 179, 186, 190n11 African human resources/capital, 53, Ada and salt production, 168 71n7, 85, 125, 126, 133, 136, Africa coffee production, 187 170, 172, 180, 183, 201 Africa gold production, 26, 86, African natural resources, vii–x, 1–3, 116n14 5–8, 13–35, 37–45, 47, 50–4, 64, African agriculture, 19, 24, 36, 55, 56, 67, 77, 104, 105, 113, 122, 125, 64, 90, 111, 170, 183, 185, 187, 126, 128, 133, 136, 140, 161, 200–2 170, 176, 177, 179, 186, 193–6, African development planning, 184 198, 202, 203n3 African economy, 10n4, 14, 15, 18, African trade 19, 22, 23, 34–8, 40, 42, 43, 47, natural resources, 13–32, 41, 43, 50, 51, 54–6, 59, 61, 63, 71n7, 51, 52 71n9, 72n10, 72n12, 76, 78, 80, raw materials, 2, 7, 9, 25, 40, 41, 82, 89, 97, 99, 101, 105, 44, 52, 66, 67, 75, 87, 130, 118n26, 118n27, 125, 133, 162, 136, 184–8, 200

Note: Page numbers with “n” denote notes.

© The Author(s) 2017 233 K. Panford, Africa’s Natural Resources and Underdevelopment, DOI 10.1057/978-1-137-54072-0 234 INDEX

African Union (AU), 18, 19, 24, artisans 30n9, 54, 61, 62, 69, 94, 197 employment, 60 African wealth, 8, 13–32, 35, 38, 40, Ghana, 60 41, 51, 56, 61–4, 67, 68, 73n18, local content, 60–1 179, 202 OG, 60 Africa potential for solar Aryeetey, Ernest, 51, 162, 163 hydro power, 2, 24, 28, 177 industrial policy, 50, 162 agricultural development in Africa, 36, Asante, kingdom of gold, 76, 77, 79, 170, 202 116n14 agricultural economy, 19, 36, 55, 56, Ashanti Goldfields Corporation 64, 105, 188, 202 (AGC), 78 agricultural raw materials, 20, 185, AU. See African Union (AU) 200 AU, oil leases and race to the bottom, agricultural system, 24, 25, 36, 105, 115n8, 197, 198 200 austerity measures/policies agriculture IMF and World Bank, 31n11 in Africa, 19, 24, 36, 55, 56, 64, 90, 111, 170, 183, 185, 187, 200–2 B cash crop production, 183 Bank of Ghana (BoG), viii, 4, 6, 10n7, systems, 24, 25, 36, 105, 200 11n10, 53, 64, 104, 109–12, unscientific, 19 119n38, 126, 127, 198 aid and donors, roles in Africa donors, Bank of Ghana Petroleum Secretariat, 3, 15, 16, 18, 21, 43–5, 63, 67, 4, 112 78, 81–3, 86, 110, 117n20, 125, bauxite, 14 141n6, 143n19, 143n20, 183 Ghana production, 45, 75 AIDs, 15, 17, 20, 57, 88, 166, 203n5 Belgian Akosombo (Volta) Dam, Congo, 3, 65, 66 (see also Congo) hydro–electric power, 89 DR Congo and Zaire, 29, 38 Algeria Belgium natural gas, 62 DRC resource curse, 3, 65 sovereign fund, 61, 112 King Leopold, 64–8 Angola Berlin Conference, 66 Cold War and the US, 62, 65, 67, Black Star Line, 136, 191n25 193 Boahen, A., 76–8, 81, 101, 118n24, oil and gas sovereign fund, 64, 112 118n26 apartheid BoG. See Bank of Ghana (BoG) cold war US, 62 Botswana, 25, 31n17, 38, 70n4, South Africa, 45, 62, 70n2, 77 73n15, 165, 166, 199, 203n5 Zaire and Mobutu Sese Seko, 45, 62 British colonial education Apple Corporation, 29n2, 164 economic development, 43, 54, 66 apprentices, 177, 179, 180 Ghana, 135, 137 INDEX 235

OG employment, 135, 137 Central Region, 101, 114n3, 117n17, British colonialism, 54, 77, 135 148, 155, 158n7, 168 British Commonwealth Secretariat, Centre for Policy Analysis (CEPA), 127, 196 180 Ghana’s Model Petroleum chief (taincy), 9, 149, 151–3 Agreement, 99 China British gold coin Ghana and Angola, 9, 25, 26, 53, the Guinea, 76 61, 92, 95, 100, 124, 148, Bucknor, Jude Kofi and Ghana’s 167, 179 Petroleum Funds, 112 import of Africa oil, 26, 31n19, 61, 62, 100, 124 SINOPEC and OG, 28, 92, 95, C 153, 179 Canadian International Development civil conflicts (civil wars) Agency (CIDA), 78, 84 Angola, 62 Cape Coast, vii, 32n21, 88, 116n14, coltan, 68, 73n19, 87 117n17, 134, 142n12, 158n7, diamond, 3, 62, 195 169, 177 Liberia and Eastern Congo and property value creep, 155 natural resources, 87, 195 Cape Three Points civil society, 47, 109, 119n35, 130, jubilee oil field, 92–7 198 capital gains tax, 84, 141n5 clans and land ownership tenure, and oil production in Ghana, 127, Ghana, 150 198 clothing captured state, 98, 157 imported second hand (used) Ghana and natural resources in Africa, 62 and Zambia, 168, 187 Carter, Jimmy cocoa cash crop, 152 Africa’s output, 24, 80 production natural resources, 183 DR Congo, 24, 25 cash-crop economy, 183 Ghana, 9, 19, 24, 31n16, 40, 75, cash-crop farming, 86, 152, 153, 200 80, 86, 90, 91, 97, 112, 126, Cassava, 152, 187 152, 167, 185, 187, 188, Niger Delta and environmental 201 impact of oil, 57 Ivory Coast, 24, 31n16 Cecil Rhodes Nigeria, 31n16, 36, 55, 112 diamond mining, 97 Cohen, Herman, 3, 25, 29n2 Southern Africa, 97 Cold War, 2, 3, 17, 42–6, 62, 65–8, wild catting, 97 193, 198 Central Intelligence Agency (CIA) Cold War policies Coup, 62 Africa, 2, 3, 17, 43, 45, 141, 198 Ghana 1966 and Ghana’s economic natural resource mismanagement, 3, decline, 62 17, 43–6, 62, 65–8, 193, 198 236 INDEX

Cold War policies (cont.) Zambia, 6, 25, 34, 196, 204 South East Asia industrialization, 2, copper production in Zambia and DR 44, 46, 193 Congo, 34 colonial, 15, 17, 22, 43, 54, 60, 65, corn. See also maize; Malawi; Zambia 67, 68, 75, 77, 78, 81, 117n19, agricultural subsidies, 36, 187 132, 135, 167 neoliberal/IMF/World Bank, 36, colonial education 187 British, 135 corporate income tax and oil French, 132 companies in Ghana colonial governments, 60, 65, 81 low or non-payment, 127, 198 colonialism, 2, 40, 71n9 corporate social responsibility (CSR) colonial legacy, 68, 167 Ghana, 9, 81, 130, 138–40, 147, colonial political system, 15 149, 153, 158n4, 158n9, colonial rule, effects of, 17 177 colonies, 42, 132 oil in Ghana, 9, 139, 150, 153, commodity trap 158n9, 177 Africa’s poverty, 2, 41 roles of Jubilee Partners, 140 natural resource mismanagement, 2, social conflicts and 6 oil districts, 41 152, 153 conflict coltan, Dr Congo, 66, 68, corruption in Africa, 48 73n19 coups in Ghana, 91, 136, 154, 167 conflict diamonds, 65 craftsmen Congo, 24, 27, 29n2, 33, 64–70, Ghana artisans tradesmen and 73n17, 73n19, 87, 161, 193 women, 130, 136, 143n17 Consolidated African Selection Trust CSR (CAST) Limited, 76 community improvement or Constitution, 195 development, 9, 81, 130, 139, Ghana 1992, 8, 11n12, 29n4, 147, 149, 153, 158n4 103–5, 109, 113, 121, 122, conflicts, 9, 139, 147, 149, 153, 125, 189n7 158n4, 158n9 constitutionalism, 109, 122, 125 corporate taxes, 6, 46, 48, 53, 108, constitutional rule 110, 125–9, 138 Ghana, 122 cost benefit analysis, 138 Convention People’s Party (CPP) development tool, 138–40 boom in jobs in Ghana–­ Model Petroleum Agreement industrialization, 101, 136, (2000), 8, 11n12, 99, 103, 167, 182, 186, 189n5 104, 107, 108, 127, 195, state-owned enterprises, 136 203n2 copper mining value for dollar, 81, 138–40, 149 DRC, 3, 5, 6, 25, 66 who benefits?, 42, 137 world market price collapse and customary land tenure system, economy, 14, 204n6 150 INDEX 237

D economic development, 14, 44, 50, Dams 56, 105, 163, 181 Akosombo, 89 sustainable and shared, 82 Chinese in Ghana, 90 economic liberalization, 186. See also Davidson, Basil, 66, 76, 97 rice, trade liberalization deforestation, 186 economic planning, 17, 18, 21, 36, democracy, 2, 3, 85, 121–5 51, 63, 79, 90, 129, 161, 162, Democratic Republic of Congo (DR 165, 171, 182 Congo, Zaire), 2, 24, 29n2, economic policy(ies), 8, 10n6, 13, 43, 64–8, 161, 193 79, 136 internal conflicts in, 65 Economic Recovery Program (ERP) democratization and domestic capital and industrial and Rawlings, 122, 141n7 sector, 23, 140 and transition, 3, 15, 122 and policy, 10n6, 167 Department of International education, ix, 7, 9, 19, 21–3, 30n10, Development (DFID) (Britain), 50, 69, 71n7, 85, 90, 130, 132, 78, 84 136, 137, 143n21, 163, 169–83, developing countries, 115n8, 203 190n18, 190n19, 202 and theories of resource curse, roles of Ghanaian tertiary 33–53 institutions in Oil and gas, viii, development 178 economic (see economic education and development, ix, 1–3, development) 6–9, 13–16, 19, 21–3, 25, 27, 28, human development, 13, 16, 56, 30n10, 33–6, 38–42, 44, 50–2, 57, 63, 65, 69, 85 54, 56, 57, 60, 63–5, 69, 71n7, developmental state, 9, 164 71n9, 73n18, 78, 79, 81, 82, development planning, 184 84–5, 90, 91, 94, 97, 98, 102, dearth of in Africa, 2, 181 105, 108, 109, 113, 116n13, diamonds 116n15, 117n20, 118n25, Angola, 26, 61–4, 73n15 118n27, 119n39, 125, 127, 129, Ghana, 24, 26, 75–91, 188 130, 132, 133, 136–40, 141n6, Sierra Leone, 26, 31n17, 65, 86 143n18, 143n19, 143n21, 148, 155, 161–92, 202 education training, 7, 19, 21, 50, 130, E 169–82 Economic Commission for Africa, 21, enabling environment and roles of the 23 state, 163, 183 Economic Community of West African energy resource, 19, 24, 26–8, 53, 54, States (ECOWAS) 57, 122, 172, 178, 180, 181, and race to the bottom and natural 183, 192n26 resource management, 197 environment, 5, 7, 44, 46, 50, 54, 57, economic competiveness, 51, 163, 186 61, 79, 85–8, 103, 108, 113, 238 INDEX

118n31, 139, 149, 163, 176, F 183, 186, 193, 195, 202 factors of production, 8, 17, 21, 49, environmental cost impact, 5, 55, 129, 53, 57, 79, 96, 125, 126, 146, 158n4, 186 165, 167, 184, 186, 198, 201 environmental degradation, 87, 126 Financial Times, 41 environmental diversification, 43, 55, Firestone, Harvey 61 exploitation, 43 EPA land leases, 43 environmental protection, 103 rubber natural resources Liberia, 43 functions, 103, 104, 113, 149, 175 Firestone rubber company Ghana, 103, 104, 113, 149, 175 Ghana, 186, 187, 191n24, 191n25 oil production, 103, 113, 149, 175 industrialization, 186, 187 equality fiscal crisis of African state, 182 distribution, 88 fishermen economic, 19, 47, 66, 129 artisanal Ghana, 145–9 Equatorial Guinea no-go security zones, 146 corruption, 70, 193 off-shore oil-related conflicts/ LPG supplies to the US, 28, 54, tensions, 145, 149 198 oil production, 145–9, 187 European colonial rule. See colonialism fishing European industrialization and free artisanal, 147–9 trade, 40, 51 Ghana challenges, 148 European manufactures and free trade, livelihood and oil production, 5, 35, 51, 66, 162 148, 149, 188 European Union (EU), 24, 115n8, food, 24, 36, 43, 55–7, 71n9, 86, 198, 203n4 101, 155, 157, 162, 187, 200–3 fishing resources Africa, 5, 25, 147, food vs. cash crops, 152, 183 152, 158n6, 188 food security, 43, 71n9, 162, 187 exogenous, 42, 49, 53, 79 foreign aid exploitation, 24, 40, 41, 43, 64–8, and dependency and role of donors, 105, 116n15, 194, 197 15, 44 exports, 30n9, 35, 36, 41, 54, 55, 59, Ghana/Africa, 15 61, 80, 84, 94, 97, 101, 126, foreign direct investment (FDI) 165, 169, 188, 203n6. See also donor preferences, 125, 142n11 cocoa; gold; timber Ghana, 18, 19, 23, 81, 83–5, 87, extended family, 150. See also clans and 119n33, 125, 142n11, land ownership tenure, Ghana 142n16, 184, 197 Exxon-Mobil, 47, 98, 99, 109, gold extraction, 19, 83, 125 118n29, 178 preference in Africa, 125, 142 stakes in Jubilee Field Ghana, 72n foreign exchange, 7, 15, 36, 89, 101, 10 185 INDEX 239

and local content in oil and gas functions, 104–6 production, 35 local content, vii, 4, 103, 107, 108, foreign investment, 18, 80 113–38 Fourth Republic, Ghana and and oil discovery in Ghana, 3, 96, constitutional rule, 103, 109, 121 155 FPSO , 5km security training, 106–8, 113, 172, 175, or no go area/ security perimeter, 178, 179 146 Ghana Petroleum Funds, 111, 112 freedom of the press, 140n4 Ghana Science City freehold land tenure, 115 nuclear potentials, 29n2, 54, 182 free trade (GSE), 19 myth of, 163 Ghana TUC, oil policy, viii roles, 51, 163 Ghana TUC, roles in training in OG, 143n17, 168, 177 GIHOC Bricks and Tile Factory, G pharmaceutical manufacturing, Galamsey Ghana, 167, 191n25 local artisanal mining, 76, 81, 86 global competiveness origins of word, 10n8, 76, 81 Ghana/Africa, 83, 131, 141n5, role in Ghana’s gold production, 145, 151, 153, 163, 169 10n8, 81, 85–9 neo-liberalism, 50, 79, 83, 198 Ghana atomic /nuclear potential, 25, global economy, 14, 18, 19 182 globalization, 22, 23, 85, 118n28 Ghana constitutional rule, 122 GNPC. See Ghana National Petroleum Ghana major goldfields Corporation (GNPC) Konongo and development, 77, 90, gold 116n14 development, 1, 3, 6, 8, 25, 75–91, Obuasi, 77, 79, 80, 89, 90, 116n12, 116n15, 125 116n15 environmental pollution, 86–8 Ghana Mine Workers Union. See Mine Ghana, 1, 3, 5, 6, 8, 9, 19, 24, 49, Workers Union 53, 75–91, 97, 100–2, 108, Ghana National Petroleum 112, 114n1–3, 115n11, Corporation (GNPC), 11n12, 28, 116n12, 116n14, 116n15, 91, 93, 95, 96, 98–100, 103–7, 126, 138, 188n3, 196, 201 109, 112, 113, 118n26, 119n32, production/mining, 6, 26, 49, 53, 124, 127, 135, 146, 149, 158n1, 77, 78, 80, 81, 86–9, 91, 158n3, 175, 178, 179, 190n20, 115n11, 116n14, 135, 174, 196, 201 188n3, 196 employment, viii, 107, 113, South Africa, 26, 40, 49, 70n2, 77, 128–38, 175, 179, 201 80, 90, 97 establishment, 4, 105, 118n32, 146, Gold Coast, 1, 77, 92 178, 196 gold coins, 76 240 INDEX gold mining, 6, 49, 53, 77, 78, 80, and entrepreneurial weakness, 183 81, 86–9, 91, 115n11, 116n14, and infrastructure, 81 135, 174, 188n3, 196 preconditions for development, 81, gross domestic product (GDP) 167, 183, 202 and agriculture, 36 industrial development and industrial sector, 36 and colonial rule, 22, 60, 75, 135, and investment, 35 167 and manufacturing, 36 Ghana/Africa, 184 and private sector, 132 IMF, 132, 166, 167, 172 groundnut: peanuts, 24, 36, 55 neo-liberal policies, 2, 110, 125, growing unemployment, 21, 57 136, 162, 163, 167, 187 Guinea coin, 76 World Bank, 132, 163, 166, 167, Gulf oil 172 BP oil spill, 115n8 industrialization, 7, 46, 51, 60, 71n8, Gulf of Mexico oil production, 47, 78, 136, 163, 167, 184, 186, 115n8 187, 194, 195 industrial policy-industrial sector, 51, 164, 201. See also manufacturing H informal sector, 13, 18, 29n8, 30n10, health and sanitation, 181 133, 181 health services, public, 69 information communications human capital, 71n7, 85, 125, 126, technology 133, 136, 170, 180, 183, 201. Africa’s development, 20 See also African human resources/ lag of, 20 capital infrastructure, 11n11, 20, 21, 28, human development (indicators), 16, 31n12, 56, 57, 63, 64, 71n9, 81, 56, 57, 63, 65. See also 92, 95, 116n14, 129, 146, 152, development 179, 181. See also social services Hutchful, Eboe, 10n6, 114n5 Institute of Statistical, Social and hydroelectric power Economic Research (ISSER), Akosombo Dam green/renewable 176, 177 energy, 89, 183 International Development Agency (US) US AID, 3, 78, 84 I International Finance Corporation ICT and economic development, 14, (IFC), World Bank, 81, 128 19, 44, 50, 56, 105, 163, 181 International Financial Institution ICT development, 19 (IFIs), 82 imports, 30n9, 55, 56, 144n24, 167, International Monetary Fund (IMF), 169, 187 3, 4, 10n6, 20, 22, 31n11, indigenous capitalism 31n14, 43, 46, 49, 53, 63, 78, constraints on, 50, 52 81–4, 86, 114n5, 114n6, INDEX 241

115n10, 132, 143n18, 143n19, L 164, 166, 167, 169, 172, 183, land 196, 197, 203n3, 203n5, 204n6 ghana property value creep, 155 international political economy, 198 latent conflict, 154–8 International Tribunal for the Law of land degradation, 86. See also pollution the Sea and Ghana Ivory Coast oil diamond mining, 86 and border dispute, 117n22, 178 gold, 86 internet connectivity, Africa and timber logging, 88 development, 22 land tenure Internet connectivity, Africa, cost, 22 ghana chiefs oil and gas, 150, 151, investment(s), viii, 10n4, 18, 19, 26, 153 28, 50, 64, 80, 83, 89, 94–6, potentials for on-shore conflicts, 112, 125, 151, 166, 180, 187 145 Investment Advisory Board (IAB), 4, law 64, 104, 112 ghana and zero corporate taxes, 53 irrigation oil tax law, 138 African agriculture, 24 roles of law schools, 176 food production, 24 leather Ivory Coast OG by products, 130, 136, 167, and cocoa production, 24, 31 191n23, 200 local content oil sector, 154 Leopold II, King of Belgium Democratic Republic of Congo (DRC), 64–8 J natural resource curse, 33, 34, 37, Japan and industrialization, role of 40, 42, 47, 52, 54, 194 Cold War, 3, 45, 46, 193 Lesotho judiciary AIDS, 17 corruption, 139 diamonds and poverty, 17, 26, role in Ghana, 140 73n15 neo-liberal policies, 79, 198 LI 2204 K Ghana (Petroleum Local Content & Kenya Local Participation) regulations neo-liberal policies and rise of slums, 2013, 103, 108, 113 79 local content, 103, 108, 113, 130, oil gas local employment, 5, 199, 132, 155 200 liberalization Kuffour, John Agyekum Ghana/Africa, 30n8, 80, 81, 85, Ghana and oil, 3, 10n3, 50, 101, 91, 186 102, 125, 155 globalization and New Patriotic Party (NPP), 50, 101, deindustrialization, 85 102, 125, 155 trade, 30n8, 186 242 INDEX

Liberia markets, 9, 23, 26, 46, 53, 93, 96, Africa, 6, 16, 20, 26, 27, 31n12, 40, 150, 163, 198 42, 43, 48, 65, 94 protection, 45 latex, 42, 43 media. See private media race to the bottom and low military royalties, 6 coup 1966, 91, 136, 154, 167 rubber, 31n12, 42, 43, 48 Ghana, 3, 27, 34, 45, 46, 48, 82, US Automobile industry and US 92, 103, 136, 167 foreign policies, 42 Mills, John Evans Atta Libya president Ghana and oil Africa sovereign wealth funds, 61, management, 3, 10n3, 101, 112 102, 119n34, 155, 170 oil resource, 111 Minerals and Mining Laws local content Ghana, 82 employment, 5, 60, 129–38, 140n5, Mine Workers Union 154, 174, 182, 201 equal wages for indigenous legislation Ghana, 4, 5, 60, 61, 103, Ghanaian workers, 77 108, 113, 179 mobile phone banking local employment, oil contracts, viii, 5, African innovation, 16, 22, 164 7, 37, 102, 130, 154, 175, 199, M-PESA-Kenya, 16 200 Mobutu, Sese Seko London stock exchange, 80 DR Congo, 38, 64–8, 73n18 Lumumba resource curse, 38, 44, 65 Patrice DRC assassination and Zaire, 38, 44, 62 resource curse, ix, 66, 67 Model Petroleum Agreement (MPA 2000), 8, 11n12, 99, 103, 104, 106–8, 117n24, 127, 136, 138, M 195, 196 maize, 15. See also corn multiparty democracy/government, Malawi, 15 15, 121 Malaysia multiparty politics, 15, 121 Cold War, 2, 45 multiplier effects development, 2, 51 enclave effects, 2, 5, 100–2 South East Asia, 2, 51 mining/extractive industries, 18, manufacturing, 29n2, 29n6, 35, 55, 19, 40, 83, 107 56, 66, 132, 136, 162, 167, 170, 183, 187, 189n6, 200, 202 value addition, 183, 185 N manufacturing industry, 132 Namibia manufacturing sector, 183, 189n6 diamond and jobs, 38, 70n4, 165, market economies, 23, 44–6, 53, 54, 166 86, 118, 133, 163 education, 69, 163 INDEX 243

National Democratic Congress monocultural economy and Dutch (NDC), 101–3, 109, 115n7, disease, 36, 55 118n30, 121, 124, 125, 140n3, Nigerian National Petroleum 154, 155, 189n7 Corporation (NNPC), 60 oil laws in Ghana, 99 Nigerian oil economy, 56, 60 National Development Planning Niger river, 24, 44, 57 Commission (NDPC) Nile river, 24 autonomy, 170 Nkrumah, Kwame composition and role, 170, 171, and the Convention People’s Party 174, 180, 181, 183, 184, 201 (CPP), 91, 101, 136, 144n23, Ghana’s development and OG, 170, 159n12, 167, 182, 186, 189n5 171, 174, 180, 181, 183, 184, industrialization Ghana, 71n8, 136, 201 167, 186 national oil companies (NOC), 60, 91, prime minister, ix, 24, 71n8, 91–5, 93, 104–6, 112, 158n1 100, 101, 128, 134, 136, natural resource curse theory, 40 144n23, 146, 147, 152, 154, natural resource mismanagement, 38 157, 158n3, 159n12, 167, neoliberal economic reforms, 2, 8, 13, 169, 182, 186, 188n2, 189n5 18, 43, 136. See also Economic non-governmental organizations, 122 Recovery Program (ERP); Norway structural adjustment policies role of planning, viii, 11n11, 39, 42, New Patriotic Party (NPP) 61, 102, 112, 122, 165, 166, Ghana, 50, 77, 83, 101, 102, 109, 180, 198 114n4, 118n30, 123, 125, and the state in oil and gas, viii, 112 140n3, 154, 155, 189n7 Norway-OG/sovereign wealth/funds, and oil laws, 99 viii, 11n11, 39, 42, 61, 64, 102, New York Mercantile Exchange 112, 122, 180, 199 (NYMEX) nuclear power-Ghana Nkrumah/ international commodities market, Convention People’s Party (CPP), 9, 198 182 and sale of African Oil, 198 Niger Delta conflict poverty population, 56, 57, O 139 oil palm. See palm oil corporate social responsibility oil, petroleum hydrocarbons, OG, 2, (CSR), 139, 149 6, 26, 28 ecology, 86 oil production, vii, 5, 34, 36, 37, 40, oil Nigeria, 38, 54–9, 61, 87, 139, 46, 48, 56, 57, 60, 71n7, 95, 97, 149 126, 131, 137, 142n14, 151, Nigeria 159n12, 168, 178, 199 economic and agricultural organization of petroleum exploring diversification, 188 countries, 106, 126 244 INDEX

Orthodox natural resource curse political economy theory, 40 Africa, 15, 42, 80, 198 Ghana, 15, 42, 80, 198 political parties P Ghana, 123, 124 palm oil, 36, 55, 86 partisanship, 123, 124, 141n9 parliament political transition Ghana, 113 Ghana, 121 ineffectiveness, 121–5, 143n18 pollution, 86–8, 108, 139, 186, 197 parliamentary elections Ghana, 121 population parliamentary oversight, 121–5, and development, 13–15, 20, 21, 143n18 29n7, 56, 69, 86, 133, 162, nature and causes of weaknesses, 181 121–5 employment, 13, 17, 18, 21, partisan politics, electoral politics, 123, 143n21, 201 124, 141n9 jobs, 13, 21, 22, 143n21, 162, 166, partisanship in Ghana, 123, 124, 177, 181, 201 141n9 post-Cold War partition of Africa, 65. See also colonial Africa, 65, 121, 141n6, 198 rule, effects of DR Congo, 65 party functionaries, 73n18. See also Ghana, 121, 141n6, 198 partisanship in Ghana; party Nigeria, 2, 44, 46, 62, 193 operatives retardation of development, 198 party operatives, 123 South East Asia economic growth/ peanut, 24, 36, 55. See also groundnut: development, 2, 44, 46, 193 peanuts poverty per capita income Africa, 2, 3, 7, 8, 13–15, 17, 19, 21, Africa, 41, 52, 65, 69 28n1, 34, 37, 41, 51, 57, 87, Petroleum Commission (PC) 143n21, 166, 187, 192n26 employment of Ghanaians, 50 in contrast with natural wealth, 13, establishment, 4 14 local content, 4, 103, 108, 112, private media, 140n4 114, 130, 131, 174, 201 privatization petroleum funds deindustrialization Ghana/Africa, 7, Ghana, 4, 64, 104, 111, 112 60, 78, 167, 184 Heritage Fund (HF), 4, 11n11, IMF-World Bank, 20, 31n14, 78, 109, 111, 112, 180, 181, 195 143n19, 166, 167 Stabilization Fund (SF), 4, 109, 111 neo-liberal policies, 198 Petroleum Revenue Management Act poverty, 34, 51, 87 (815), 2011, 103, 108–12, un-employment, 7, 18, 19, 21, 57 189n7, 196 privatization of public enterprises, 187, policy making, 79, 141n6, 191n21 191n25 INDEX 245 production Rhodes, Cecil factors of, 26, 42, 43, 47, 96, 122, and diamonds in Africa, 97 125, 126, 129, 134, 135, 146, rice 167, 184 foreign exchange, 36 means of, 5, 28, 96, 128, 138, 199 imports Ghana, 165, 187 productivity, 17, 21, 23, 30n8, 50, trade liberalization, 30n8, 186 180 Rodney, Walter Provisional National Defence Council Africa colonial DR of Congo, 2 (PNDC), 80, 82, 103, 114n5 natural resource curse, 40 Public Interest & Accountability natural resource exploitation, 43 Committee (PIAC) Royal Dutch Shell composition, 109 Nigeria start of oil production, 46 functions, 104 royalties public sector, 72n11, 79, 132, 163, race to bottom in Africa, 83, 115n8, 166 196, 197 the resource curse, 46, 47 rubber R DR Congo, 24 race to the bottom, 6, 83, 84, 115n8, latex, 24, 42, 43, 185 196–8, 203n4 Liberia, 31n12, 42, 43, 48 railroads, 169. See also railways raw, 19, 42, 185 Rawlings, Jerry John, 122, 141n7 resource expolitation, 19, 24, 42, flight Lieutenant, 155, 172 43, 48, 185 raw materials Russia cash crop, 152, 183 Cold War, 62 commodities, 2, 136, 200 Nigerian steel mill and role, 44 commodity trap, 2, 41, 52, 129, 184, 185, 188, 200 resource extraction (extractive S industries), 6, 33, 36, 39, 41, 51, salt 52, 87, 122, 138, 140, 176, 201, local content, 101, 137, 168 202 oil production, 57, 137, 168 resources, 8, 15, 33–73, 75, 122, 148, salt industry 161–93 Ghana and OG, 25, 75, 91, 101, natural resources, vii, viii, ix, x, 1–3, 153, 168 5–8, 18, 23–8, 31n15, 33–5, Savimbi, Jonas 37–45, 47, 50–4, 64, 67, 77, Angola conflict diamond and 104, 105, 113, 122, 125, 126, resource mismanagement, 128, 133, 136, 140, 161, 170, 61–4 176, 177, 179, 186, 193–6, Sawyerr, Akilakpa 198, 202, 203n3 (see also (raw Ghana gold mining and low materials, commodities)) government revenues, 84 246 INDEX schools. See technical training, roles of social services, 108. See also social tertiary institutions infrastructure science, technology engineering and socio-economic development, 56 mathematics (STEM) fields, 163 soil productivity OG in Ghana/Africa, 7, 134, 181, Africa, 24, 57, 77, 88, 106, 179 182 agriculture, 24 scramble for Africa, 178. See also South Africa colonial rule, effects of apartheid Cold war DR of Congo, seven-year development plan ix, 2, 17, 25, 26, 45, 62 development planning and resource curse in Africa, viii, 42 indusrtialization, 184 US role in apartheid, 45, 62, 70n3, Ghana, 96 77 Shell oil South Korea conflicts and pollution, 58 Cold War, 2, 45, 46, 193 Nigeria, 55, 58, 60 industrialization, 46, 51, 163, 194 US courts, 60 leadership, 51, 162, 163, 188n1 Sierra Leone technological leader, 45, 164, diamond liberal leases, 26, 31n17, 188n2 65, 71n6, 86, 195 sovereign wealth funds, 61 gem diamond, 62, 75 Soviet Empire/Soviet Union liberal leases /low royalties, 79, collapse and planning in Africa, 17, 141n5 141n6, 164 Singapore state-owned enterprises (SOE), 136 Cold War, 2, 44, 46, 194 state/public land, 150 development, 2, 44, 51, 162–4, structural adjustment policies, 79 194 structural adjustment programme industrial success, 2, 46, 51, 71n8, (SAP), 10n6, 83, 167, 183 143n20, 162–4, 188n2, 194, subsistence farming 195 Africa, 15, 46 leadership, 163 food production, 56, 57, 187 technological innovation, 164 sugar cane social inequality bio fuel, 14, 24 DR Congo, 8, 16, 33, 35, 38, 39, energy source, 28 41, 64–8, 195 Switzerland Equatorial Guinea, 5, 8, 16, 33, 35, Ghana, 9, 29n8 38, 41, 68–70, 193, 195 gold refining, 37, 185 Niger Delta (Nigeria), 38, 41, 54–61, 87, 139 social infrastructure T Africa, 21, 31n11, 63 Takoradi development, 21, 63, 71n9 oil hub, vii, 93, 154–8, 175 impact, 21, 63 rising socio-economic inequality, 37, role, 21, 63 166 INDEX 247

Tanzania traditional authority commodity trap global copper price corporate social responsibility collapse, 112 (CSR), 139 economic crisis, 16, 198 landownership, 150, 151, 153 gold low royalties, 79 paramount chieftaincy, 153 race to bottom, 6, 83, 196, 198 traditional stool lands, 150 taxation. See also value added tax transaction costs, 69, 77 (VAT) transfer of technology and training corporate tax, 6, 46, 48, 53, 80, fees, 136 108, 110, 125–9, 138 Ghana oil leases, 106, 107, 125–9, tax evasion, 81 142n13, 185 tax rebates, 69, 107, 138 Model Petroleum Agreement technical cooperation /support-­­ (2000), 103, 104, 108, 195 British/Commonwealth, 127 transparency Ghana Model Petroleum Agreement oil revenues, 7, 109, 181, 187 (2000), 108 resource curse, the limits of, 4, 38, technical training 39, 110, 126 jobs, 179 local content, 179 OG/employment, 179 U roles of tertiary institutions, 169–82 Uganda, 15, 27, 65, 67, 68, 94, 99, technology, 7, 9, 19, 21–5, 29n2, 137, 159n12, 199 30n8, 36, 37, 44, 45, 51, 71n9, domestic /local oil refining, 199 72n12, 77, 84, 86, 90, 91, 98, Underdevelopment 100, 107, 108, 113, 114, 130, Africa, 2, 22, 40, 41 133, 134, 136, 148, 162, 163, causes, 2, 15, 33, 34, 41–3, 56, 58, 165, 167, 169–82, 184, 188n2, 65, 110, 126, 132 189n4, 194, 201, 202 Cold War, 2, 3, 17, 42–6, 62, 65–8, textile industry 121, 141n6, 193, 198 Africa, Ghana, Zambia, 17 colonial rule, 17, 65, 77 Third World, 2, 87, 98 Ghana, vii, 1, 13, 33, 75–119, timber industry, 5, 18, 40, 136, 138, 121–43, 145, 193 167, 185, 201 orthodoxy, 2, 43, 164 trade resource curse theory, 2, 6, 8, 34, African trade, 18, 19, 30n9, 41, 43, 38–40, 42, 49, 50, 110, 193 51, 52, 77, 118n27, 163, 164, resource mismanagement, 38, 49, 186 53, 161, 182, 194, 195 free trade, 51, 163, 164, 167 underdevelopment countries trade commodities, 30n9, 52 commodity trap, 2, 41, 52, 129, Trades Union Congress (TUC). See 184, 185, 188, 200, 203n6 Ghana TUC, oil policy; Ghana features and natural resources, vii–ix, TUC, roles in training in OG 1–3, 5–8, 18, 23–8, 31n15, 248 INDEX underdevelopment countries (cont.) Volta river dam (Ghana) 33–45, 47, 50–4, 64, 67, 77, electricity Ghana and negative 104, 105, 113, 122, 125, 126, effects of gold, 89 128, 133, 136, 140, 161, 170, Ghana, 89 176, 177, 179, 186, 193–6, mining, 89 198, 202, 203n3 United Nations (UN), 21, 30n9, 41, 43, 46, 67, 68, 70 W United States, Africa policy, 2, 3, 9, western capitalism, 98 45, 49, 72n12, 78 free trade, 51, 167 United States Agency for International role of the state, 162 Development (US AID), 3, 78, 84 technological innovation and University education, vii–ix, 21, 59, industrialization, 2, 20, 42, 51, 72n12, 134, 135, 137n7, 66, 80, 145, 162 142n12, 169, 171, 173–6, 180, western donor, 8, 16, 18, 43, 83, 181, 190n12, 191n21, 203n2 141n6, 143n18, 143n19 University of Cape Coast (UCC), roles in post-Cold War Africa, 43, vii–ix, 116n14, 139, 142n12, 141 169, 171, 173, 174, 176, 179, Western Region Paramount Chiefs 180, 190n15, 203n2 Ghana, 153 University of Ghana, vii, ix, 134, implications for oil related conflicts, 141n7, 142n12, 169, 171, 173, 153 175, 176, 180 Westminster political system, UK urban employment, 72n12 Parliamentary system, 122 USAID. See United States Agency for wind turbines, 66, 177 International Development green energy, 24, 181 (US AID) Woods, Bretton, 28n28, 143n21, US Department of State 203n3. See also International Ghana Industrialization, 144n23, Monetary Fund (IMF); World 189n5 Bank roles of Kwame Nkrumah/CPP, World Bank (WB), 4, 10n6, 14, 15, 144n23, 189n5 17, 20, 31n12–14, 43, 49, 50, US economic development/ 67, 78, 81–4, 114n5, 128, 132, innovation/technology, 44, 45, 133, 143n18, 143n19, 163, 164, 51, 163 166, 167, 169, 172, 183, 197, role of free trade and of federal / 203n3, 203n5 state government, 51, 115n8, neo-liberal policies, 78, 82, 167, 163 203n5 World Bank conditionalities and Africa’s underdevelopment/ V deindustrialization, 163, value added tax (VAT), 47, 127 167 INDEX 249

Y resource curse, 38, 44 Yew, Lee Kuan, 49, 51 world copper industry, 44 Singapore’s economic success, 162 Zambia commodity trap, 203n6 global copper price collapse and Z economic crisis/currency Zaire devaluation, 204n6 coltan, 29n2 low royalties, 196 conflict diamond, 61 race to bottom, 6, 196