Will Oil Spoil Ghana?

July 06, 2009

Off Shore OilPresident Obama’s upcoming visit to Ghana shines the spotlight on a U.S. ally that has been a model of political and economic success in Africa. But there are potential storm clouds on the horizon: prospectors have discovered oil off Ghana’s coast and production is set to begin next year. CGD senior fellow Todd Moss explains why this could be more bust than boon.

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