Regulatory Rationale and Theoretical Approaches: Ghana's Renewable Energy Law and Policy Perspective
Article from: OGEL 1 (2018), in Africa
Abstract
The current discourse surrounding regulation may be based on two fundamental dynamics; its rationale and theoretical approaches. Regulatory rationale addresses the justifications for which regulations are necessary, whereas theories of regulation attempts to explain the development, rise and deterioration of regulation. This article examines the regulatory rationale of the Ghanaian government in regulating the renewable energy (RE) industry of Ghana in achieving both regulatory and policy goals. It seeks to explain the possible theoretical reasons for regulation by the Ghanaian ...