Political Economy of the Mining Sector in Ghana

Political Economy of the Mining Sector in Ghana

With a focus on the institutional set-up and the political environment as central to understanding and rectifying the poor impact of mining on Ghana's economic development, this paper highlights the vulnerabilities in mining sector governance...

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Bibliographic Details
Main Authors:	Ayee, Joseph, Soreide, Tina, Shukla, G. P., Le, Tuan Minh
Format:	Policy Research Working Paper
Language:	English
Published:	2012
Subjects:	ABUSE ABUSES ACCESS TO INFORMATION ACCOUNTABILITY ACCOUNTING ADMINISTRATIVE CAPACITY ADMINISTRATIVE FUNCTIONS ADMINISTRATIVE PROCESS ALLOCATION OF RESPONSIBILITIES ANTI-CORRUPTION ANTICORRUPTION ANTICORRUPTION LEGISLATIONS ANTICORRUPTION PLAN APPOINTEES ASSETS ASYMMETRIC INFORMATION AUDITOR AUDITS AUTHORITY BAUXITE BEST PRACTICES BIDDING CASH FLOWS CENTRAL GOVERNMENT CENTRALIZATION CITIZENS CIVIL SOCIETY CIVIL SOCIETY ORGANIZATIONS COLLUSION COMPLAINTS CONFLICT OF INTEREST CONFLICT OF INTERESTS CONSTITUENCIES CONSTITUTION CORPORATE TAXES CORRUPT CORRUPTION COUNCILS CRIME CRONIES DEBT DECENTRALIZATION DECISION MAKERS DECISION MAKING DECISION-MAKING DEMOCRACIES DEMOCRACY DEMOCRATIC DEVELOPMENT DEMOCRATIC GOVERNANCE DEREGULATION DIAMONDS DISCLOSURE DISTRICTS DIVIDENDS ECONOMIC GROWTH ECONOMIC SITUATION EFFECTIVE USE EITI ELECTED OFFICIALS EMBEZZLEMENT EMPLOYMENT GENERATION ENACTMENT ENVIRONMENTAL ENVIRONMENTAL COSTS ENVIRONMENTAL DEGRADATION ENVIRONMENTAL IMPACT ENVIRONMENTAL IMPACT ASSESSMENTS ENVIRONMENTAL IMPACTS ENVIRONMENTAL PROBLEMS ENVIRONMENTAL PROTECTION EXECUTION EXECUTIVE POWER EXPENDITURE EXPENDITURES EXPLOITATION EXTRACTIVE INDUSTRIES EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE FINANCIAL CONTRIBUTION FINANCIAL TRANSFERS FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN INVESTMENT FORESTRY FORMAL INSTITUTIONS FRAUD GEOLOGICAL SURVEY GOLD GOLD DEPOSITS GOLD MINES GOLD MINING GOLD PRODUCTION GOOD GOVERNANCE GOVERNMENT AGENCIES GOVERNMENT MINISTRIES GOVERNMENT REPRESENTATIVE GOVERNMENT REVENUES GOVERNMENT'S POLICY HEALTH PROBLEMS HUMAN RESOURCE HUMAN RESOURCE DEVELOPMENT HUMAN RIGHTS INITIATIVE INSTITUTIONAL BARRIERS INSTITUTIONAL CAPACITY INSTITUTIONAL FRAMEWORK INTEGRITY INTERNAL REVENUE INVESTIGATION INVESTMENT CLIMATE JUDICIARY JUSTICE KICKBACKS LABOR FORCE LACK OF COMPETITION LACK OF TRANSPARENCY LAWS LEADERSHIP LEGAL FRAMEWORK LEGAL PROVISIONS LEGAL REFORM LEGISLATION LIABILITY LOCAL GOVERNMENT MANGANESE MARKET PRICES MEDIA MEMBERS OF PARLIAMENT MINERAL COMMODITIES MINERAL COMMODITY MINERAL EXPORTS MINERAL RESOURCE MINERAL RESOURCES MINERAL REVENUES MINERAL SECTOR MINERAL WEALTH MINERALS MINING AREAS MINING COMMUNITIES MINING COMPANIES MINING GOVERNANCE MINING INDUSTRY MINING POLICIES MINING REFORM MINING SECTOR MINING SECTOR REFORMS MINISTER MINISTERS MINISTERS OF STATE MINISTRY OF FINANCE MONOPOLY MOTIVATIONS MULTINATIONALS NATIONAL ELECTIONS NATURAL RESOURCES OFFICEHOLDER OIL OIL INDUSTRY OIL SECTOR OLD MINES PARASTATAL ORGANIZATIONS PATRONAGE PENALTIES PENALTY PERSONAL GAINS POLICE POLICY DECISIONS POLITICAL APPOINTEES POLITICAL CORRUPTION POLITICAL ECONOMY POLITICAL INSTABILITY POLITICAL POWER POLITICIAN POLITICIANS POLLUTION POPULISM PRESIDENCY PRESIDENTS PRODUCTION COSTS PRODUCTION OF GOLD PRODUCTION TECHNOLOGY PROPERTY VALUES PROSECUTION PUBLIC FINANCE PUBLIC INSTITUTIONS PUBLIC OFFICIALS PUBLIC OPINION PUBLIC PROCUREMENT PUBLIC SECTOR PUBLIC SERVICE REGULATORY FRAMEWORK REHABILITATION REPRESENTATIVES RESOURCE CURSE RESOURCE MANAGEMENT REVENUE ADMINISTRATION REVENUE COLLECTION REVENUE MANAGEMENT RISK OF CORRUPTION ROYALTY RULE OF LAW RULING PARTY RURAL COMMUNITIES SALT SANCTIONS SCANDALS SEPARATION OF POWERS SERVICE DELIVERIES SILVER SOCIAL WELFARE SOCIOECONOMIC DEVELOPMENT STATE AGENCIES STATE ENTERPRISES STATE INSTITUTIONS STATE REVENUES STATE SECURITY STEEL SUSTAINABLE DEVELOPMENT TAX ADMINISTRATION TAX AUDITING TAX COLLECTION TAX INCENTIVES TAX LAW TAX PAYMENTS TAX RATE TAX RATES TAX REGIME TAX REVENUE TAX REVENUES TAXATION TECHNOCRATS TECHNOLOGY TRANSFERS VOTING
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110721153754 http://hdl.handle.net/10986/3494

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Summary:	With a focus on the institutional set-up and the political environment as central to understanding and rectifying the poor impact of mining on Ghana's economic development, this paper highlights the vulnerabilities in mining sector governance along the industry value chain. The authors explain why it has been difficult to implement policies that would have improved social welfare. They find that incentive problems in institutions directly or peripherally involved in mining governance are a major factor, as are an excessively centralized policy-making process, a powerful executive president, strong party loyalty, a system of political patronage, lack of transparency, and weak institutional capacity at the political and regulatory levels. The paper argues that the net impact of mining on economic development is likely to be enhanced with appropriate reforms in governance. Most importantly, there should be a greater awareness of incentive problems at the political level and their possible implications for sector performance and the economy at large. The set of checks and balances, as stipulated by the Constitution, have to be reinforced. Furthermore, capacity building at different levels and institutions is needed and should be combined with efforts to enhance incentives for institutional performance.

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