Ghana has recently discovered oil, will this new oil wealth be managed properly or is it just anothe
Ghana's new found oil wealth, is it a curse or a blessing?
I don't know the specifics of Ghana's situation, so I am no expert to answer this question.
But the precedents aren't terribly encouraging. Oil wealth has too often brought inequality, strife, violence, or crushing authoritarian politics.
It doesn't always have to be like that, but often has been, in practice. I imagine we can all think of some nations serving as cases in point.
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