This paper studies the effects of oil rent on development using a unique panel dataset describing worldwide oil discoveries and extractions. First, we revisit the so-called curse of oil, which contends that oil rent hinders economic development. Exploiting cross-country variations in the timing...

After so many years of fruitless search for crude oil in the Ghana, in 2007 crude oil has been discovered in commercial quantities at the Jubilee offshore oil field. In fact, the offshore field is claimed to be the biggest find in offshore oilfields in West Africa in recent years. With examples...

1. Introduction: Ghana’s Petroleum Industry in Transition -- 2. Examining Ghana’s New Exploration and Production Act and Other Legislative Developments -- 3. The Ghana-Cote-d’Ivoire Maritime Border Dispute and Transboundary Resource Management in the Gulf of Guinea -- 4. Upstream Petroleum...

Purpose: The purpose of this study is to determine the resilience of oil intensive Romanian communities to oil price fluctuations. Design/methodology/approach: The methodology employed is based on identifying the communities with the most extensive oil extraction activities using GIS (Geographic...

The Paradox of Development Troubles in Resource-Endowed Countries -- The Political Assemblage: Institutions, Structures, Networks, and Actors -- 'Dutch Disease' and the Economic Assemblage -- Society and the Resource Curse: A Relational Perspective -- The 'Lost Child': A Possible Environmental...