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Party Politics and the Political Economy of Ghana’s Oil

Mohan, Giles; Asante, Kojo Pumpuni and Abdulai, Abdul-Gafaru (2018). Party Politics and the Political Economy of Ghana’s Oil. New Political Economy, 23(3) pp. 274–289.

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DOI (Digital Object Identifier) Link: https://doi.org/10.1080/13563467.2017.1349087
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Abstract

Ghana’s status as a new oil producer raises questions about the developmental effects of resources, and the role of political institutions in these processes. The conundrum this paper addresses is the rather limited impact of oil exploitation in Ghana despite the country’s strong democratic record and internationally acclaimed oil governance legislation. The reasons for this lie in the nature of elite-based political coalitions and we root our analysis of Ghana’s hydrocarbons in the political settlements literature, which moves us beyond the ‘good governance’ approaches so often linked to ‘resource curse’ thinking. We also move beyond the instrumentalism of political settlements theory to examine the role political ideas play in shaping resource governance. We argue that inter-coalitional rivalry has generally undermined the benefits of Ghana’s oil but that a crude interests-based interpretation is insufficient to explain differences between these coalitions.

Item Type: Journal Item
Copyright Holders: 2017 Informa UK Limited
ISSN: 1469-9923
Project Funding Details:
Funded Project NameProject IDFunding Body
Effective States and Inclusive DevelopmentNot SetUniversity of Manchester
Keywords: Ghana; oil; political settlements; ideas
Academic Unit/School: Faculty of Arts and Social Sciences (FASS) > Social Sciences and Global Studies > Development
Faculty of Arts and Social Sciences (FASS) > Social Sciences and Global Studies
Faculty of Arts and Social Sciences (FASS)
Research Group: Health and Wellbeing PRA (Priority Research Area)
International Development & Inclusive Innovation
Innovation, Knowledge & Development research centre (IKD)
OpenSpace Research Centre (OSRC)
Item ID: 49986
Depositing User: Giles Mohan
Date Deposited: 12 Jul 2017 13:43
Last Modified: 23 Aug 2019 09:52
URI: http://oro.open.ac.uk/id/eprint/49986
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