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Book Cover
E-book
Author Luna, Joseph, author.

Title Political financing in developing countries : a case from Ghana / Joseph Luna
Published Abingdon, Oxon ; New York, NY : Routledge, 2020

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Description 1 online resource (113 pages)
Series Routledge explorations in development studies
Routledge explorations in development studies.
Contents Introduction: Two Puzzles in Politics -- Politicians, Bureaucrats, Contractors, and Chairs -- The Iron Square of Political Finance -- Diversification, Kinship, and Failed Public Goods -- Conclusion: Towards Antiheroes and Machine-Guided Development
Summary "This book argues that to fully grasp the decision-making of politicians and political actors in developing countries, we must first understand how politicians finance their campaigns for office-and to whom they are indebted and expected to repay. Political Financing in Developing Countries focuses on Ghana in depth, a country often held up as an example of a successful, two-party democracy with regular party changes in government. However, it is unlikely that candidates and political parties are wealthy enough to finance the increasing costs of campaigns and constituent demands, and successful democratic outcomes could be masking a system that actually hinders development progress. This book posits that political funds are extracted by an iron square of politicians, bureaucrats, construction contractors, and political-party chairs which rigs the procurement of local-development projects to generate kickbacks. The iron square remains robust across party changes in government due to reciprocity obligations that minimize contractors' income risks. Ultimately, this web of kickbacks diminishes the quality of development by reducing the funds available for projects and distorting incentives to monitor projects. To break this iron square, the book recommends replacing sealed-bid procurement-a "best practice" that ignores on-the-ground realities-with a system that accounts for income stabilization and social obligations. Overall, the book argues that scholars of development should advance research on political finance to identify and then alleviate the games that decision makers must play to survive in the political sphere. Political Financing in Developing Countries will be an important and timely resource for scholars across development studies, politics, economics, and African Studies"-- Provided by publisher
Notes "Routledge Focus"--Front cover
Bibliography Includes bibliographical references and index
Notes Joseph Luna is an Economist at the John A. Volpe National Transportation Systems Center, USA. He holds a PhD in Government from Harvard University and has advised international-development projects in South Asia and Sub-Saharan Africa
Description based on online resource; title from digital title page (viewed on February 24, 2020)
Subject Campaign funds -- Ghana
Campaign funds -- Corrupt practices -- Ghana
Politics, Practical -- Ghana
SOCIAL SCIENCE / Third World Development
Campaign funds
Campaign funds -- Corrupt practices
Politics and government
Politics, Practical
SUBJECT Ghana -- Politics and government -- 2001- http://id.loc.gov/authorities/subjects/sh2003011673
Subject Ghana
Form Electronic book
LC no. 2019036245
ISBN 9781003000372
1003000371
9781000754162
1000754162
9781000754421
1000754421
9781000754292
1000754294