ARTICLE REVIEW :THE ROLE OF URBAN MARKETING IN LOCAL ECONOMIC DEVELOPMENT A POLITICAL ECONOMIC PERSPECTIVE

The aggressive marketing of cities to attract private finance and capital is one important aspect of municipal neoliberalism. Urban marketing, as it is called, is said to be the the surest way to deliver urban economic development. Using a political-economic framework, this paper provides an alternative analysis of urban marketing, and highlights other avenues for addressing the urban question.Political Economy, Cities, Markets, Economic Development

TRANSFORMING THIRD WORLD CITIES THROUGH GOOD URBAN GOVERNANCE: FRESH EVIDENCE

Many Ghanaians believe that introducing multi-party elections at the metropolitan, municipal and district levels would ensure the election of competent people to manage the urban or local economy. This belief is premised on the assumption that electorates are informed and would vote for competent politicians. Using the 2008 elections in Ghana, it is argued that only a minority of electorates vote on issues; the majority vote along tribal and party lines; and based on how “humble” a politician is or simply based on monetocracy. This means that introducing elections into the local government system would not necessarily lead to a transformation of the local or urban economy; greater local democracy is not the answer to the housing problem, sanitation crisis, unemployment burden and the poverty challenge. There may be the need for a new form of local democracy.Democracy, Urban, Governance, Ghana, Elections

'Managing Land for the Common Good? Evidence from a community development project in Agona, Ghana'

The common and dominant view that customary land tenure systems in Africa are inefficient because they forbid individuation, are not registered, are insecure, discourage access to credit, and provide incentive for free rider problems is examined through a case study of one community in Ghana, West Africa. A ninety-day field study in the case study area explored the extent to which the land tenure system has supported a community-based housing project and how that, in turn, has shaped or constrained infrastructural and socio-economic and political development. The paper reveals that communal ownership in the case study area deviates from the orthodox description of land tenure systems in Africa and escapes the problems associated with the so-called `tragedy of the commons. Abuse by both the corporation and corporators is possible and probable, but not because of custom. Growing processes of modernisation, commodification, and secularisation will undermine this syste

Avoiding the Oil Curse in Ghana: Is Transparency Sufficient?

This article assesses measures put in place by the government of Ghana to manage Ghana’s newly found oil. It uncovers two actors – the people in the ‘oil communities’ and the oil companies – that have been ‘forgotten’ by the government and yet are critical to unlocking the so-called ‘oil blessing’. It is argued that the existing policies do not sufficiently account for the peculiar needs of the communities in which oil will be drilled. The existing policy paradigm implies that the activities of the oil companies might set in motion corrupt practices among public officials and worsen the plight of the poor.Key Words: Oil, poor, curse, corruption, Ghana, activism

Land and Finance : Farming as Financial Asset: Global Finance and the Making of Institutional Landscapes

Book review. Reviewed work: Farming as Financial Asset: Global Finance and the Making of Institutional Landscapes / by Ouma, S. - Newcastle Upon Tyne : Agenda Publishing, 2020. i–x + 204 pp. (Paperback). ISBN: 978-1-78821-187-1.Non peer reviewe

Book Review - Arrival City: How the Largest Migration in History is Reshaping our World

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Africa: On the rise, but to where?

© 2015, The Association for Social Economics. Africa’s hitherto negative image is now being rapidly replaced by a new persona: ‘Africa on the rise’. Developed mainly from Africa’s growth experience, this re-imaging of Africa has generated considerable interest even among Africanists concerned that the continent has often been the target of crisis jokes. Even more notably, the rebranding of Africa has gained traction in corridors of power and centres of finance. For this latter group, however, the narrative signals more than a cultural repackaging. It is about confirming that Africa is ripe and ready to host investment and to open up markets in areas where they did not exist or existed but were not capitalist in form. Either way, however, the ‘Africa on the rise’ narrative achieves a major political and economic goal. Neglecting ethical questions about sustainable jobs, inequality and ecological crisis, while extolling the virtues of capital accumulation, it extends a particular neoliberal ideology which favours people with market power, not the majority with precarious positions or their relationship with nature

Politično-ekonomski temelji novega zahodnoafriškega naftnega mesta Sekondi-Takoradi

V članku se z institucionalno-analitično metodo ekonomske zgodovine preučujejo izvor, rast in razvoj novega zahodnoafriškega naftnega mesta Sekondi-Takoradi. Posebna pozornost je namenjena vlogi pristanišč in železnic, njihovemu razvoju in sodelovanju s politično-ekonomskimi ustanovami v preteklih stotih letih. Ta pregledna zgodovinska analiza nakazuje, da je novo zahodnoafriško mesto spet tam, kjer je bilo na začetku. Podobno kot v 20. letih 20. stoletja v državnih in mednarodnih krogih danes ponovno vzbuja nacionalno, regionalno in mednarodno pozornost. Vse kaže, da je treba znova ovrednotiti sodobne zgodbe, ki trdijo, da sta razmah virov in družbeni propad v determinističnem odnosu

Mainstream Economics and Conventional Environmental Policies

Is mainstream economics only about growth, efficiency, and sustainability? Many critics contend so, but the recent state of the art in economics suggests not. Respectively drawing on reformist neoclassical economics, neoclassical microeconomics "proper," and behavioral economics, major studies show that mainstream economics provides theories of inequality and unsustainability. However, the theories of causation utilized remain largely neoclassical. Similarly, the bases for repairing the harms are grounded in neoclassical reasoning, while the mechanisms for restoration-ranging from minimalist interventions and income and substitution effects to behavioral nudges-are still mainstream. Fundamentally, they say little or nothing substantial about ecological imperialism, at the heart of which are rent theft and ecological debt, two critical cornerstones of world ecological crises. Therefore, mainstream economists certainly have, use, and apply theories of inequality and unsustainability, but mainstream economists neither have, use, nor apply transformative theories of social stratification, nor ecological imperialism generally. The overall effect of this disconnect from real-world ecological crises is not simply that conventional environmental policies are incomplete, but that mainstream economics and conventional policies deflect attention from ecological imperialism behind veils of rhetoric, prices, and behaviors.Peer reviewe

The informal sector in Ghana under siege

In order to develop effective policies to improve conditions for people working in the informal sector of the economy, it is crucial to understand how that sector arises, operates, and relates to the state. This article analyses the informal sector in Ghana from this perspective, drawing insight from a wide range of sources such as radio and newspaper accounts to overcome the dearth of official information on the subject. The analysis shows the limits of various approaches that have aimed at revamping the informal sector. It puts the case for a more comprehensive approach to the informal sector than has been evident in previous policies toward the urban economy. © 2011 SAGE Publications