The paper problematises the issues of democracy and good governance in Africa and analyses their future prospects especially in the 21st century. Liberal democracy and good governance, beside market reforms are the new puzzle words on the global agenda. Indeed, the three issues appear to be organically linked in the present context, with the hegemony of the liberal capitalist ideology in the international arena.

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The Republic of Ghana benefits from strong GDP growth, strengthening oil production volumes, and a track record of political stability. However, it continues to suffer from weak fiscal management highlighted by a widening of the fiscal deficit in 2010 and increased supplier arrears.

We are therefore affirming our 'B/B' foreign- and local-currency sovereign credit ratings on the Republic of Ghana. The stable outlook balances our view of the country's strong growth prospects and track record of political stability against its weak payment culture and fiscal challenges.

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The clamor for democracy all over the globe is not accidental. Those who go about such business of agitating for democratization are convinced that no society truly desirous of development can ignore democracy. The democratic experiences of the developed countries of the world lend credence to the truth of this claim. However, the reverse seems to be the case in many of the third world countries where there has been a huge golf between the anticipated gains of democracy and the reality on ground.

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A national opinion poll conducted by international market research organization, Synovate, has the 2012 Presidential Candidate of the New Patriotic Party, Nana Addo Dankwa Akufo-Addo, 5 percentage points ahead of his closest rival, President JEA Mills, Presidential Candidate of the ruling National Democratic Congress, in the run up to the 2012 general elections.

However, if elections were held today Nana Akufo-Addo would lead but still fall short of the more than 50% mark required for outright victory. The opinion poll carried out in September this year surveyed a total of 1,723 respondents.

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Other Stories

Constitutional Review Process is Flawed
Early this week (1/11/10), President John Evans Atta-Mills inaugurated a 9-member Constitutional Review Commission (CRC) charged with making relevant suggestions and recommendations to the Ghanaian president for possible implementation in the offing. Indeed, it can hardly be gainsaid that after 18 years of field operation, Ghana’s 1992 Republican/Democratic Constitution may well be due for a critical reexamination and operational streamlining or overhaul. Many critics among members of the general public, for example, have in recent years vehemently inveighed against what they term as the “unconstitutionality” of several salient aspects of the Fourth-Republican Constitution, especially with regard to the so-called Indemnity Clause which has enabled such “giant” political criminals like Mr. Jeremiah John Rawlings to legitimize his criminality into “revolutionary acts of probity and accountability” and thus also permissible acts which lie well beyond justiciable acts pertaining to human rights violation. Consequently, it would be quite intriguing to witness what the commission returns, by way of a verdict in between 12 to 18 months hence.
US election: Mitt Romney's choice as running mate just made the election interesting
Mitt Romney's selection of Paul Ryan as his vice presidential running mate for the Republican ticket is proof of the former Bain executive's business pedigree: a smart CEO picks an even smarter chief financial officer. It's also proof, finally, of the former Massachusetts governor's political prowess: the race will now be about something important – a battle of economic ideas, with America's comeback as the ultimate prize promised. And that's good for the Republican Party, the Democratic Party, and the nation.
Mitt Romney's poor judgment is already undermining his candidacy
Finally, Obama's opponent has been confirmed, but can the Republican nominee mount an effective challenge? I doubt you will ever find a politician more desperate to believe Nietzsche's aphorism that whatever doesn't kill us makes us stronger than Mitt Romney. With former Pennsylvania senator Rick Santorum announcing that he is suspending his presidential campaign, it ensures what many political observers have assumed for quite some time – that Mitt Romney will be the Republican nominee for president this autumn.
The future of Ghana's Democracy lies with values and ideas…
No society has been able to sustainably develop its human and physical resources to affect the most of its people without a strong values system. The competition of Ideas they say are the vehicles of transformation but even that requires values to guide it. The Danquah Institute recognizes that a society without values is one in retrogression.  The Institute therefore places high premium on the interactions and exposures that help to build confident and patriotic citizens with integrity.
A Professorial response to the Ministry Of Finance reaction to Dr Bawumia’s ‘State of The Economy’ Lecture
The Ministry of Finance’s Medias Liaison Officer, Abdul Hakim Ahmed, on Friday 4th May presented the Ministry’s comprehensive 33 bullet point response to Dr Mamud Bawumia, NPP Running Mate to Nana Akufo Addo’s ‘State of the Economy’ lecture at the 5th Ferdinand Ayim memorial lecture. The depth of response was coupled with the fevered and unprofessional rebuttals by Dep. Min of Finance Fiifi Kwetei and others. Obviously Dr Bawumia had struck a nerve in dismantling the NDC’s much vaunted ‘single digit’ inflation record amidst claims of ‘unprecedented achievements’.
Press Release: The Philippines Hold Successful Elections with E-Voting
There is no such thing anywhere in the world as perfect election arrangement, but if democracy in Africa is tosucceed then it requires solutions to the basic instruments of rigging which undermine it. The problems which led to the disenfranchisement of hundreds of UK voters during the May 6 general elections attest to that. Hints from the head of UK’s electoral commission point to future reforms involving election automation technology. Last year, India, a developing nation, showed that electronic voting is the best way forward for democracies around the world. The Danquah Institute believes that the Philippines on Monday, May 10, made an even stronger case for Ghana to consider seriously the proposals to introduce e-voting here. more >>>
Can Oil Succeed where Gold Failed Ghanaians?
It is easier to be pessimistic about Ghanaians feeling the prosperous benefits of our new found wealth, oil, than to be optimistic. Anticipatory democracy, in the Ghanaian sense, has seen many Ghanaians redirecting their expectations of a better tomorrow to the Jubilee Fields offshore. The news today is that the Floating Production & Storage Offshore has been commissioned and on the high seas to Ghana. Production may begin before the end of the year. Though, Parliament is yet to pass any of the new general oil and gas legal and policy framework legislations since the 2007 oil discovery, there are assurances from Government that the Bills are ready for parliamentary consideration. more >>>
GOG has agreed to offer the following terms and exemptions to STX: GOG shall provide a sovereign guarantee to enable the STX E&C Ghana to raise over $1.5 billion as financing for the project. GOG has signed an off-taker agreement to purchase at least 90,000 housing units some of which may be allocated to the security services. GOG shall exempt the STX from tax for its imports of materials and machinery GOG shall exempt the Consortium from corporation tax Click Here for More >>>
Pursuing More Growth, less Poverty and Hunger in an Uncertain World
The drive to overcome extreme poverty and hunger, the objective of MDG 1, has been at the heart of global efforts to achieve the Millennium Development Goals since their adoption a decade ago. Up until the food, fuel, and financial crises in the last two years, developing countries were making progress in overcoming poverty. In 1981, 52 percent of people in developing countries lived in extreme poverty; by 2005, that share had fallen to 25 percent. Country efforts were paying off right up until the crises, with poverty falling sharply in East Asia, Latin America, and Eastern and Central Europe.
AFRICOM
Furthermore, the U.S. is, understandably, bent on establishing a regional command for Africa, similar to U.S. Forces Korea, with a homeport situated on the African continent to protect their interests. West Africa is its natural home, given the need to protect energy interests in the Gulf of Guinea. Liberia has offered but simply cannot match the kind of convenience available in Ghana. It can be a win-win situation.AFRICOM can protect U.S. investments in our region. But, those investments (regardless of our percentage share of ownership) are also fundamentally our investments – and thus the assistance in their protection will be a welcome boon. U.S. military presence can also help improve the level of military professionalism of our already well-respected troops. It is interesting to note that in the six decades since World War II in which America has maintained a military presence in other sovereign nations, none of the host nations has suffered instability or military takeovers, as the presence of U.S. troops helps entrench the subordination of soldiers to civil leadership. Moreover the presence of U.S. troops boosts social and economic activities in the host countries, too.