DE-MONETIZING ELECTORAL POLITICS, STRENGTHENING ACCOUNTABLE GOVERNANCE: WHICH WAY FORWARD FOR GHANA?
Since the 2004 general elections, Ghana has experienced a rise in monetization of electoral politics. In a 2017 survey, the Westminster Foundation for Democracy (WFD) found that it cost approximately US$87, 000 or about GHC 500,000 to get elected to Parliament (Asante and Kunnath,2018). Today, many aspirants would put that figure at not less than GHC 1 million or $200,000.
Monetization threatens the credibility of election outcomes as a true reflection of the will of the people. It turns political leadership into a commercial product that is up for auction to the highest bidder (IDEG, 2018, WFD, 2018). In Ghana, political parties and politicians are increasingly raising the alarm on the need to address this problem if the country’s multiparty democracy is to deliver the expected dividends of development (IDEG, 2020).
The purpose of the webinar was to create a platform for political parties and citizens to reflect on the concept of monetization and the challenges that it poses to Ghana’s multiparty democracy and national development; and to deliberate on proposals put together by IDEG towards demonetizing electoral politics in Ghana. The webinar was designed as an interactive panel discussion. Panelists were selected from the New Patriotic Party (NPP), the National Democratic Congress (NDC) and the Progressive People’s Party (PPP).
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