The politics of petroleum pricing in Ghana: Institutions, power dynamics, and social networks

Paiman, Ahmad (2019) The politics of petroleum pricing in Ghana: Institutions, power dynamics, and social networks. Wiley Online Library. pp. 1-12.

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Abstract

The study, drawing on the political settlement approach, examines how powers, institutions, networks, and interests influence the pricing of petroleum products in Ghana. Qualitative research approach was for the study, and purposive sampling was used to interview 24 respondents. The findings suggest the existence of power struggles among the key actors in the pricing of fuel. The findings revealed that the National Petroleum Authority, bulk distribution oil companies, oil marketing companies, International Monetary Fund, and energy policy think tanks influence result into policy. Actors influence fuel prices through taxes, policy guidelines, exchange rate, and legal actions. The study recommends that capacity of the key players should be built by the Government of Ghana so as to ensure healthy competition and stability in the pricing of petroleum products in Ghana. Political interference in the pricing of fuel should be limited so that the key players can operate successfully in the petroleum downstream.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
K Law > K Law (General)
Depositing User: ePrints deposit
Date Deposited: 20 Dec 2020 12:55
Last Modified: 24 Feb 2021 10:54
URI: http://eprints.tiu.edu.iq/id/eprint/280

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