What is it about?
A country’s natural resources, such as oil, gas, metals and minerals, belong to its citizens. Extraction of these resources can lead to economic growth and social development. However, poor governance natural resource has often led to corruption and conflict. More openness and public scrutiny of how wealth from a country’s extractive sector is used and managed is necessary to ensure that natural resources benefit all. The EITI is a global standard to promote transparent and accountable management of natural resources. It seeks to strengthen government and company systems, inform public debate and promote understanding. Keywords: Extractive, Industry, Transparency, Initiative, Ghana, Prospects, Challenges, natural resources
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Why is it important?
Our findings show the strategies a country can be adopt in the extractive industries to enhance effective use of resources
Perspectives
I hope this article will give people more insight into EITI Ghana
Mr. Julius Kwasi Ofori
Kwame Nkrumah University of Science and Technology
Read the Original
This page is a summary of: Prospects and Challenges of Ghana's Extractive Industry Transparency Initiative (GHEITI), SSRN Electronic Journal, January 2017, Elsevier,
DOI: 10.2139/ssrn.3080457.
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