OIL AND NATIONAL DEVELOPMENT IN GHANA, 2007-2014.

ABSTRACT Since Ghana attained independence in 1957, successive Governments have pursued, with varying degrees of success, policies, programmes and projects to accelerate the growth of the Ghanaian economy and raise the living standards of the people. These are policies, programmes and projects around which national and development partner’s efforts are coordinated. The discovery and exploration of oil, no doubt has increased Ghana revenue but this has not fully translated to socio-economic development as expected. The study therefore, seeks answers to the following questions; Has oil discovery and exploration accounts for high cost of living in…

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