Raising Productivity and Reducing the Risk of Household Enterprises : Ghana Country Study
Ghana has had a history of developing and sustaining the growth of the informal enterprises because of a broad recognition of their pivotal role in job creation and in poverty reduction. The Government of Ghana has established some of the most deve...
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| Format: | Policy Note |
| Language: | English en_US |
| Published: |
Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2011/11/17736614/raising-productivity-reducing-risk-household-enterprises-ghana-country-study http://hdl.handle.net/10986/18729 |
| Summary: | Ghana has had a history of developing
and sustaining the growth of the informal enterprises
because of a broad recognition of their pivotal role in job
creation and in poverty reduction. The Government of Ghana
has established some of the most developed institutions for
supporting informal sector activity, including the National
Committee on the Informal Economy (NCIE) tasked with leading
and coordinating the process of designing policies and
interventions in support of the informal sector, and the
National Board for Small Scale Industries (NBSSI) that
promotes the development of micro, and small enterprises
(MSEs), many of which are informal. Moreover, the Government
has supported a large private apprenticeship program, and a
national network of banks and microfinance institutions
(MFIs) that cater to the needs of both the formal and
informal sectors. It has facilitated the formation of
national and local level associations, which advocate for
informal enterprises with local and national governments.
This policy note presents the main findings of the full two
year study of household enterprises in Ghana. This study was
undertaken by the World Bank on behalf of the NCIE. The lead
consultant and author were Aba Quainoo of MEL consultants,
Accra, Ghana. MEL consultants undertook all the field work
for this study as well (discussed in sections two and
three). The World Bank provided the analysis of the GLSS and
other data for section one. The note is organized as
follows: section one provides an overview of the importance
of Household Enterprises (HEs) in the country's
economy, and presents a profile of those who operate them;
section two analyzes the main constraints to their growth
and productivity; section three reviews existing policies,
programs, and projects that are relevant to HEs and that
affect their performance; and the last section concludes
with policy recommendations with the end in view of raising
the productivity and reducing the risks of HEs, thereby
enhancing their role in economic development and poverty
reduction in Ghana. |
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