Litigation Associate Carlos Ramos-Mrosovsky published, “Can Ghana Escape the ‘Oil Curse?” in the November 2011 edition of the American Bar Association’s Africa Law Today newsletter.
Ramos-Mrosovsky’s article assesses the state of ongoing efforts to put an effective legal architecture in place to manage the development and stewardship of Ghana’s newfound oil wealth. More than 2 billion barrels have been discovered off the Ghanaian coast since 2007, and reserves may be higher still.
Ramos-Mrosovsky’s article evaluates the Ghanaian government’s mixed record of compliance with the cutting-edge public accountability and transparency provisions of Ghana Petroleum Revenue Management Act, No. 815 (2011). He argues that proper implementation of the Revenue Management Act would make Ghana “one of the few African societies truly to benefit from its oil resources.”
Ramos-Mrosovsky advises firm client Oxfam America on international resource management and other issues and recently travelled to Ghana to consult with civil society organizations and government officials on implementation of the Revenue Management Act.
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