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Full-Text Articles in Social and Behavioral Sciences

Oil Wealth, Resource Curse And Development: Any Lessons For Ghana?, Felix Kumah-Abiwu, Edward Brenya, James Agbodzakey Jan 2015

Oil Wealth, Resource Curse And Development: Any Lessons For Ghana?, Felix Kumah-Abiwu, Edward Brenya, James Agbodzakey

Felix Kumah-Abiwu

Ghana’s new status as an oil-producing country has invigorated the scholarly debate on the resource curse theory, which assumes that countries with vast natural resource wealth like oil, diamond and gold are likely to experience slow economic growth and development as compared to countries with scarce natural resources. Although the development literature is well endowed with cases of countries with huge natural resources that have experienced slow economic growth, the literature is also clear on few other countries with enormous natural resources that continue to experience high economic growth due to strong political institutions and democratic practices. Norway and Botswana …


A Functionalist Theory Of Oversight, Riccardo Pelizzo, Abel Kinyondo, Aminu Umar Jan 2015

A Functionalist Theory Of Oversight, Riccardo Pelizzo, Abel Kinyondo, Aminu Umar

riccardo pelizzo

The literature on oversight provides various approaches that have been used to measure oversight effectiveness. They include inferring oversight from the quality of governance, equating it with the presence of oversight activities as well as equating it with oversight capacity. However all these approaches are problematic as they wrongly consider oversight to be unidimensional. As a result they tend to produce measures that are too general and vague to provide a meaningful assessment of oversight effectiveness. It is in this context that this paper identifies the structural elements of oversight and goes on to contend that since oversight is a …


Oil Wealth, Resource Curse And Development: Any Lessons For Ghana?, Felix Kumah-Abiwu, Edward Brenya, James Agbodzakey Jan 2015

Oil Wealth, Resource Curse And Development: Any Lessons For Ghana?, Felix Kumah-Abiwu, Edward Brenya, James Agbodzakey

Faculty Research and Creative Activity

Ghana’s new status as an oil-producing country has invigorated the scholarly debate on the resource curse theory, which assumes that countries with vast natural resource wealth like oil, diamond and gold are likely to experience slow economic growth and development as compared to countries with scarce natural resources. Although the development literature is well endowed with cases of countries with huge natural resources that have experienced slow economic growth, the literature is also clear on few other countries with enormous natural resources that continue to experience high economic growth due to strong political institutions and democratic practices. Norway and Botswana …