African Journal of Religion and Society | 23 July 2008

The Political Economy of Natural Resource Extraction in Ghana: A Mixed-Methods Inquiry into Central African Dynamics

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Abstract

Natural resource extraction in Ghana has been a subject of significant interest in African studies due to its economic importance and potential environmental impacts. The study employs a combination of qualitative interviews with key informants and quantitative analysis of government reports and market trends. Data triangulation is used for robustness and validity checks. A notable finding is the significant disparity in revenue distribution between local communities and central government, where communities often receive only 10% of total extraction profits, highlighting a critical issue in resource governance. The study underscores the need for more equitable resource allocation policies to ensure sustainable development in Ghana's natural resource sector. Policy recommendations include increasing transparency in revenue sharing agreements and enhancing community participation in decision-making processes related to resource extraction.