Political Financing In Developing Countries

Download or read book Political Financing in Developing Countries written by Joseph Luna and published by . This book was released on 2019-10-30 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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"--

Download or read book The Politics of Finance in Developing Countries written by Stephan Haggard and published by Cornell University Press. This book was released on 2019-05-15 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ten original essays examine the political and institutional factors that influence the initiation and efficiency of preferential credit policies in Korea, Taiwan, Thailand, Indonesia, the Philippines, Chile, Mexico, and Brazil.

Download or read book Making Politics Work for Development written by World Bank and published by World Bank Publications. This book was released on 2016-07-14 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments fail to provide the public goods needed for development when its leaders knowingly and deliberately ignore sound technical advice or are unable to follow it, despite the best of intentions, because of political constraints. This report focuses on two forces—citizen engagement and transparency—that hold the key to solving government failures by shaping how political markets function. Citizens are not only queueing at voting booths, but are also taking to the streets and using diverse media to pressure, sanction and select the leaders who wield power within government, including by entering as contenders for leadership. This political engagement can function in highly nuanced ways within the same formal institutional context and across the political spectrum, from autocracies to democracies. Unhealthy political engagement, when leaders are selected and sanctioned on the basis of their provision of private benefits rather than public goods, gives rise to government failures. The solutions to these failures lie in fostering healthy political engagement within any institutional context, and not in circumventing or suppressing it. Transparency, which is citizen access to publicly available information about the actions of those in government, and the consequences of these actions, can play a crucial role by nourishing political engagement.

Download or read book Costs of Democracy written by Devesh Kapur and published by Oxford University Press. This book was released on 2018-06-13 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most troubling critiques of contemporary democracy is the inability of representative governments to regulate the deluge of money in politics. If it is impossible to conceive of democracies without elections, it is equally impractical to imagine elections without money. Costs of Democracy is an exhaustive, ground-breaking study of money in Indian politics that opens readers’ eyes to the opaque and enigmatic ways in which money flows through the political veins of the world’s largest democracy. Through original, in-depth investigation—drawing from extensive fieldwork on political campaigns, pioneering surveys, and innovative data analysis—the contributors in this volume uncover the institutional and regulatory contexts governing the torrent of money in politics; the sources of political finance; the reasons for such large spending; and how money flows, influences, and interacts with different tiers of government. The book raises uncomfortable questions about whether the flood of money risks washing away electoral democracy itself.

Download or read book Political Financing in Developing Countries written by Joseph Luna and published by Routledge. This book was released on 2019-10-30 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. Drawing on nearly 200 interviews and extensive fieldwork, 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.

Download or read book OECD Public Governance Reviews Financing Democracy Funding of Political Parties and Election Campaigns and the Risk of Policy Capture written by OECD and published by OECD Publishing. This book was released on 2016-02-04 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent debate on the role of money in politics has shed the light on the challenges of political finance regulations. What are the risks associated with the funding of political parties and election campaigns? Why are existing regulatory models still insufficient to tackle those risks?

Download or read book Urban Public Finance in Developing Countries written by Roy W. Bahl and published by Oxford University Press, USA. This book was released on 1992 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: And Evaluation of Local Automotive Taxation. 8. Other Urban Taxes. Policy Objectives. Local Income Taxes. General Sales Taxes. Local Taxes on Industry, Commerce, and Professions. "Terminal" Taxes. Local Sumptuary Taxes. Entertainment Taxes. Minor Local Taxes, Licenses, and Fees. Summary and Evaluation -- Pt. III. User Charges for Urban Services. 9. Issues in Pricing Urban Services. The Efficiency Argument for User Charges. Fiscal Considerations and Full Cost Pricing. Income Distribution Considerations. The Politics and Institutions of Public Service Pricing. 10. Charging for Urban Water Services. Pricing Water Supply Services. Sewerage and Drainage. Summary. 11. Charging for Other Urban Services. Electricity and Telephone Services. Collecting and Disposing of Solid Waste. Mass Transit. Housing. Development Charges -- Pt. IV. Intergovernmental Fiscal Relations. 12. The Structure of Urban Governance. Fiscal Decentralization. The National Structure of Urban Government.