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Ghana adds forests to potential victims of the resource curse

By Steve LeVine in east Africa

A link from Ghanaweb

Both the east and west coasts of Africa are in the midst of big oil booms. The question has been whether they will manage the bonanza in a way that raises the continent’s rock-bottom economic and living-standard rankings, or whether they will fall victim to the so-called resource curse, a phenomenon in which oil-rich nations end up with deeper poverty. Now Ghana, a west African leader in averting the resource curse, says keeping an eye on oil is not enough. It wants to scrutinize how forestry income is earned and spent as well. In doing so, Ghana becomes the leading edge in a push to expand local public oversight of government income.