Party Financing in Ghana: A Case for Regulated Elite Funding

Abstract

This article explores party financing in the developing world, analyzing an African case to suggest ways of improving regulations as part of reducing corruption in the political process. With evidence from a nationwide survey conducted in Ghana, we argue that the economic situation of developing countries creates the required policy environment for the implementation of regulated elite funding of political parties. Building the will of political actors is cardinal for these conditions. We also offer suggestions on how political will can be built to increase transparency and openness in electoral politics and party funding in general.