Windfalls, wipeouts, and local economic development: A study of an emerging oil city in West Africa

Obeng-Odoom, F

Windfalls, wipeouts, and local economic development: A study of an emerging oil city in West Africa

Obeng-Odoom, F

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Publication Type:: Journal Article
Citation:: Local Economy, 2013, 28 (4), pp. 429 - 443
Issue Date:: 2013-06-01

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Field	Value	Language
dc.contributor.author	Obeng-Odoom, F https://orcid.org/0000-0003-3997-7751	en_US
dc.date.issued	2013-06-01	en_US
dc.identifier.citation	Local Economy, 2013, 28 (4), pp. 429 - 443	en_US
dc.identifier.issn	0269-0942	en_US
dc.identifier.uri	http://hdl.handle.net/10453/26382
dc.description.abstract	Analysis of the political economy of oil tends to be under the rubric of 'resource curse' to the neglect of the broader problematique of the distribution of windfalls and wipeouts, the mediating role of institutions, and broader issues of local economic development. This article tries to fill this lacuna by focusing on the experiences of Sekondi-Takoradi, an oil city located in Ghana. Using the principles of eminent domain and decentralisation as analytical framework, it shows 'who gets what' in an oil city; demonstrates why different levels of compensation and betterment ought to be paid and received; and reveals the role and struggles of the local State in trying to ensure harmonious local economic development. © The Author(s) 2013 Reprints and permissions: sagepub.co.uk/journalsPermissions.nav.	en_US
dc.relation.ispartof	Local Economy	en_US
dc.relation.isbasedon	10.1177/0269094213480911	en_US
dc.subject.classification	Urban & Regional Planning	en_US
dc.title	Windfalls, wipeouts, and local economic development: A study of an emerging oil city in West Africa	en_US
dc.type	Journal Article
utslib.citation.volume	4	en_US
utslib.citation.volume	28	en_US
utslib.for	1205 Urban and Regional Planning	en_US
utslib.for	1402 Applied Economics	en_US
utslib.for	1604 Human Geography	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building/School of Built Environment
pubs.organisational-group	/University of Technology Sydney/Strength - CCDP - Contemporary Design Practice
utslib.copyright.status	open_access
pubs.issue	4	en_US
pubs.publication-status	Published	en_US
pubs.volume	28	en_US

Abstract:

Analysis of the political economy of oil tends to be under the rubric of 'resource curse' to the neglect of the broader problematique of the distribution of windfalls and wipeouts, the mediating role of institutions, and broader issues of local economic development. This article tries to fill this lacuna by focusing on the experiences of Sekondi-Takoradi, an oil city located in Ghana. Using the principles of eminent domain and decentralisation as analytical framework, it shows 'who gets what' in an oil city; demonstrates why different levels of compensation and betterment ought to be paid and received; and reveals the role and struggles of the local State in trying to ensure harmonious local economic development. © The Author(s) 2013 Reprints and permissions: sagepub.co.uk/journalsPermissions.nav.

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10453/26382