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n African Review of Economics and Finance - Oiling the urban economy : land, labour, capital and the state in Sekondi-Takorad, Ghana, Franklin Obeng-Odoom (2014) : book review

Volume 7, Issue 2
  • ISSN : 2042-1478
  • E-ISSN: 2410-4906

Abstract

Oiling the urban economy is a pioneering book with a very apt title. Its focus on the impact which the Ghanaian oil boom had on urbanisation, is timely. Recent exploration has revealed oil wealth in several low-income African countries, now eager to achieve economic development. But as Obeng-Odoom observes, Africa's prodigious offshore oil wealth tends to be conflated with the Niger Delta quagmire. Many assume that African oil extraction will inevitably be mired in corruption,impoverishment and violence. This book tells a different, far more complex story, about the vitality and pitfalls of Ghana's newly evolving oil economy based on offshore crude oil, gas condensate and natural gas.

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/content/aref/7/2/EJC182429
2015-12-01
2019-08-17

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