Cover; Half Title; Title Page; Copyright Page; Table of Contents; List of illustrations; List of tables; Preface; Part I The economics of 'black gold'; 1 Africa's oil wealth and crude interpretations of its ramifications; 2 Oil in orthodox theory: repudiation and riposte; 3 Ghana's oil industry; Part II From fishing settlements to oil city; 4 Sekondi-Takoradi: the twin city and its history; 5 Urban economic development in the age of oil; 6 Fishers and farmers in a changing twin city; Part III Towards the good city; 7 Compensation and betterment; 8 Taxation; 9 Socialisation of oil rents
10 Sekondi-Takoradi: challenges, prospects, and lessonsAppendix; Bibliography; Index
Summary
This book presents a critical analysis of the 'resource curse' doctrine and a review of the international evidence on oil and urban development to examine the role of oil on property development and rights in West Africa's new oil metropolis - Sekondi-Takoradi, Ghana. It seeks answers to the following questions: In what ways did the city come into existence? What changes to property rights are oil prospecting, explorations, and production introducing in the 21st century? How do the effects vary across different social classes and spectrums?
