The Crisis of Governance in the 21st Century: Developing Leadership as a Way to Address Ghana's Judgment Debts (A case study of Auditor the General Report from 2009-2011)

Abstract

This paper argues that the primary motive behind every governance structure is to put an unceasing smile in the faces of the humble citizens and indeed all other stakeholders using the limited state resources. The Public Sector in Ghana from 2009 to 2011 suffered a legal risk leading to payments of judgment debts which had never been budgeted for. This has negatively affected the government projected incomes with its attendance harsh borrowing conditions externally. The objective of the paper is to examine the extent and categories of judgment debts paid for and to make recommendations for improvement. The paper adopted a qualitative methodological approach in conducting this research. The paper contends that leadership, seen as either the behavior of an individual as a values or character-base end-product creates a culture of impunity or a culture of discipline that integrates into its believes and how leaders actually behaves in a critical element complying with existing regulations and also in optimizing performances. It argues further that leadership should thus make the leader more relevant, create and propose innovative problem solving solutions, and see to that policies which were introduced to address all forms of risks being brought about by modernization and transformation, are effectively implemented without fear or favour. It recommends that government should make reforms and statutory laws and other measures to combating judgment debt in Ghana. It further recommends that reducing or avoiding it requires a dynamic and multi-faceted strategy or strategies that use scarce resources effectively on a constructive and shared basis. Hence there must therefore be a comprehensive National Debt Management Policy.

Keywords: Crisis of Governance, Developing Leadership

DOI: 10.7176/RJFA/13-13-04

Publication date:July 31^st 2022