Abstract
The finite supply of fossil fuels combined with increased demand is leading to an intensification of efforts by various states and multinational corporations (MNCs) to discover and control new sources of oil. This has become even more urgent in recent times with the Western world interested in reducing its reliance on oil from the Middle East, and the expanding economies of China and India interested in satisfying their demands irrespective of the origins of supply. Given the global importance of fossil fuels, control of these natural resources have the potential to confer great economic and strategic benefits to the countries where they are found.
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Arthur, P. (2012). Avoiding the Resource Curse in Ghana: Assessing the Options. In: Schnurr, M.A., Swatuk, L.A. (eds) Natural Resources and Social Conflict. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137002464_6
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DOI: https://doi.org/10.1057/9781137002464_6
Publisher Name: Palgrave Macmillan, London
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