The kingdom’s current economic model is highly integrated with its ability to trade with its neighbours, a model that, thus far, appears to be working well. Despite less than favourable economic headwinds, the World Economic Forum’s (WEF’s) “Global Competiveness Report” for 2012-13, ranked Jordan 64th out of 144 countries surveyed, rising seven places over the previous year.
Located on Africa’s western coast, Ghana is home to 24m people and a variety of ethnic groups. The country is divided into 10 administrative regions and has a strong executive branch, a unicameral legislature made up of 230 members, and an independent judiciary.
While the government has been exporting its share of the country’s oil, demand at home continues to increase. With erratic and restricted refinery capacity hampering delivery to the domestic market, the cost of meeting this demand is becoming an increasing burden.
One of the most important and often heated debates in the energy sector centres on the revenue agreements between the government and operators. While the contracts for the partners at the Jubilee Field were drawn up as far back as 2005, there is an increasing belief in the media and among local think tanks that Ghana should be getting more from its...
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