Corruption, Taxation of Natural Resources and Sustainable Development in Africa

Saint Kuttu, Michael Gift Soku (), Mohammed Amidu () and William Coffie ()
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Michael Gift Soku: University of Professional Studies
Mohammed Amidu: University of Ghana Business School
William Coffie: University of Ghana Business School

A chapter in Taxation and Management of Natural Resources in Africa, 2024, pp 373-419 from Springer

Abstract: Abstract African nations grapple with balancing socio-economic growth and environmental preservation amid resource extraction. Taxation is advocated for revenue and environmental control. However, corruption poses a significant hurdle among duty bearers and citizens. Using a multidimensional regression strategy, this research explores corruption’s interplay with taxation policies and their impact on African sustainable development. The findings stress anti-corruption measures’ critical role in enabling effective taxation strategies for sustainable resource management across diverse African nations. Firstly, they indicate that robust anti-corruption measures significantly shape successful taxation policies for sustainable resource management. Moreso, the study underscores a strong link between reduced corruption, enhanced taxation strategies, and improved prospects for sustainable development across Africa’s sectors. Finally, it highlights the urgent need for cohesive policies and robust enforcement mechanisms to drive sustainable development in Africa’s natural resource sector.

Keywords: Corruption; Taxation; Natural resources; And sustainable development; Africa (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:aaechp:978-3-031-58124-3_16

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DOI: 10.1007/978-3-031-58124-3_16

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