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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Bibliographic Details
Main Author: World Bank
Format: Policy Note
Language:English
en_US
Published: Washington, DC 2014
Subjects:
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
id okr-10986-18729
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO CREDIT
ARTISANS
BANK ACCOUNT
BANKING PRODUCTS
BANKS
BARGAINING
BUSINESS DEVELOPMENT
BUSINESS DISTRICTS
BUSINESS ENVIRONMENT
BUSINESS STRATEGY
CALCULATIONS
CAPACITY-BUILDING
CITIES
COLLABORATION
COLLATERAL
CRAFTSMEN
DEPOSIT
DEVELOPMENT ECONOMICS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC MANAGEMENT
ELECTRICITY
ENTERPRISE SECTOR
ENTERPRISE SURVEY
EQUIPMENT
FAMILY MEMBERS
FEMALE
FEMALES
FINANCIAL INSTITUTIONS
FINANCIAL INTERMEDIATION
FINANCIAL LITERACY
FINANCIAL MANAGEMENT
FINANCIAL PRODUCTS
FINANCIAL RESOURCES
FINANCIAL SERVICE
FINANCIAL SERVICES
FINANCIAL SUPPORT
GENDER
GROWTH POTENTIAL
HANDICRAFTS
HEALTH INSURANCE
HOUSEHOLD EXPENSES
HOUSEHOLD INCOME
HOUSEHOLDS
HUMAN CAPITAL
IMPLEMENTING AGENCY
IMPROVEMENTS IN ACCESS
INCOME TAX
INFORMED DECISIONS
INSTALLATION
INSTITUTION
INSURANCE SCHEME
INTEREST RATES
INTERVENTIONS
JOB CREATION
LABOR FORCE
LABOR MARKETS
LEARNING
LICENSE
LICENSES
LIFE EVENTS
LIVING STANDARD
LOAN
LOCALITIES
MANUFACTURING
MARKET RESEARCH
MATERIAL
MOBILE PHONE
MOBILE PHONES
MOTIVATION
NATIONAL INSURANCE
NEW JOBS
NEW MARKETS
NEW TECHNOLOGY
OUTREACH ACTIVITIES
OUTREACH PROGRAMS
PENSION
PERSONAL SAVINGS
POLICY FRAMEWORK
PRIMARY EDUCATION
PRIVATE SECTOR
PRODUCT DEVELOPMENT
PRODUCTIVITY
RAPID GROWTH
RATE OF GROWTH
REGULATORY ENVIRONMENT
REGULATORY FRAMEWORK
RESULTS
RETIREMENT
RURAL AREAS
RURAL DEVELOPMENT
SAFETY
SAFETY NET
SALARY
SALES
SAVINGS
SAVINGS ACCOUNT
SECONDARY EDUCATION
SELF-EMPLOYMENT
SITES
SMALL BUSINESSES
SMALL SCALE INDUSTRIES
SOCIAL INSURANCE
SOCIAL PROTECTION
SOCIAL SECURITY
STAKEHOLDER
STAKEHOLDERS
TECHNICAL ASSISTANCE
TECHNICAL EDUCATION
TECHNICAL SKILLS
TECHNICAL TRAINING
TECHNOLOGY FACILITIES
TECHNOLOGY SUPPORT
TECHNOLOGY TRANSFER
TOWNS
TRADE UNION
TRAINING PROGRAM
TRAINING PROGRAMS
TRANSACTION
URBAN AREAS
URBAN ECONOMY
URBAN POPULATION
WAGE
YOUNG PEOPLE
YOUTH
YOUTH EMPLOYMENT
ZONING
spellingShingle ACCESS TO CREDIT
ARTISANS
BANK ACCOUNT
BANKING PRODUCTS
BANKS
BARGAINING
BUSINESS DEVELOPMENT
BUSINESS DISTRICTS
BUSINESS ENVIRONMENT
BUSINESS STRATEGY
CALCULATIONS
CAPACITY-BUILDING
CITIES
COLLABORATION
COLLATERAL
CRAFTSMEN
DEPOSIT
DEVELOPMENT ECONOMICS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC MANAGEMENT
ELECTRICITY
ENTERPRISE SECTOR
ENTERPRISE SURVEY
EQUIPMENT
FAMILY MEMBERS
FEMALE
FEMALES
FINANCIAL INSTITUTIONS
FINANCIAL INTERMEDIATION
FINANCIAL LITERACY
FINANCIAL MANAGEMENT
FINANCIAL PRODUCTS
FINANCIAL RESOURCES
FINANCIAL SERVICE
FINANCIAL SERVICES
FINANCIAL SUPPORT
GENDER
GROWTH POTENTIAL
HANDICRAFTS
HEALTH INSURANCE
HOUSEHOLD EXPENSES
HOUSEHOLD INCOME
HOUSEHOLDS
HUMAN CAPITAL
IMPLEMENTING AGENCY
IMPROVEMENTS IN ACCESS
INCOME TAX
INFORMED DECISIONS
INSTALLATION
INSTITUTION
INSURANCE SCHEME
INTEREST RATES
INTERVENTIONS
JOB CREATION
LABOR FORCE
LABOR MARKETS
LEARNING
LICENSE
LICENSES
LIFE EVENTS
LIVING STANDARD
LOAN
LOCALITIES
MANUFACTURING
MARKET RESEARCH
MATERIAL
MOBILE PHONE
MOBILE PHONES
MOTIVATION
NATIONAL INSURANCE
NEW JOBS
NEW MARKETS
NEW TECHNOLOGY
OUTREACH ACTIVITIES
OUTREACH PROGRAMS
PENSION
PERSONAL SAVINGS
POLICY FRAMEWORK
PRIMARY EDUCATION
PRIVATE SECTOR
PRODUCT DEVELOPMENT
PRODUCTIVITY
RAPID GROWTH
RATE OF GROWTH
REGULATORY ENVIRONMENT
REGULATORY FRAMEWORK
RESULTS
RETIREMENT
RURAL AREAS
RURAL DEVELOPMENT
SAFETY
SAFETY NET
SALARY
SALES
SAVINGS
SAVINGS ACCOUNT
SECONDARY EDUCATION
SELF-EMPLOYMENT
SITES
SMALL BUSINESSES
SMALL SCALE INDUSTRIES
SOCIAL INSURANCE
SOCIAL PROTECTION
SOCIAL SECURITY
STAKEHOLDER
STAKEHOLDERS
TECHNICAL ASSISTANCE
TECHNICAL EDUCATION
TECHNICAL SKILLS
TECHNICAL TRAINING
TECHNOLOGY FACILITIES
TECHNOLOGY SUPPORT
TECHNOLOGY TRANSFER
TOWNS
TRADE UNION
TRAINING PROGRAM
TRAINING PROGRAMS
TRANSACTION
URBAN AREAS
URBAN ECONOMY
URBAN POPULATION
WAGE
YOUNG PEOPLE
YOUTH
YOUTH EMPLOYMENT
ZONING
World Bank
Raising Productivity and Reducing the Risk of Household Enterprises : Ghana Country Study
geographic_facet Africa
Ghana
description 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.
format Economic & Sector Work :: Policy Note
author World Bank
author_facet World Bank
author_sort World Bank
title Raising Productivity and Reducing the Risk of Household Enterprises : Ghana Country Study
title_short Raising Productivity and Reducing the Risk of Household Enterprises : Ghana Country Study
title_full Raising Productivity and Reducing the Risk of Household Enterprises : Ghana Country Study
title_fullStr Raising Productivity and Reducing the Risk of Household Enterprises : Ghana Country Study
title_full_unstemmed Raising Productivity and Reducing the Risk of Household Enterprises : Ghana Country Study
title_sort raising productivity and reducing the risk of household enterprises : ghana country study
publisher Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2011/11/17736614/raising-productivity-reducing-risk-household-enterprises-ghana-country-study
http://hdl.handle.net/10986/18729
_version_ 1764440883456901120
spelling okr-10986-187292021-04-23T14:03:45Z Raising Productivity and Reducing the Risk of Household Enterprises : Ghana Country Study World Bank ACCESS TO CREDIT ARTISANS BANK ACCOUNT BANKING PRODUCTS BANKS BARGAINING BUSINESS DEVELOPMENT BUSINESS DISTRICTS BUSINESS ENVIRONMENT BUSINESS STRATEGY CALCULATIONS CAPACITY-BUILDING CITIES COLLABORATION COLLATERAL CRAFTSMEN DEPOSIT DEVELOPMENT ECONOMICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC MANAGEMENT ELECTRICITY ENTERPRISE SECTOR ENTERPRISE SURVEY EQUIPMENT FAMILY MEMBERS FEMALE FEMALES FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIATION FINANCIAL LITERACY FINANCIAL MANAGEMENT FINANCIAL PRODUCTS FINANCIAL RESOURCES FINANCIAL SERVICE FINANCIAL SERVICES FINANCIAL SUPPORT GENDER GROWTH POTENTIAL HANDICRAFTS HEALTH INSURANCE HOUSEHOLD EXPENSES HOUSEHOLD INCOME HOUSEHOLDS HUMAN CAPITAL IMPLEMENTING AGENCY IMPROVEMENTS IN ACCESS INCOME TAX INFORMED DECISIONS INSTALLATION INSTITUTION INSURANCE SCHEME INTEREST RATES INTERVENTIONS JOB CREATION LABOR FORCE LABOR MARKETS LEARNING LICENSE LICENSES LIFE EVENTS LIVING STANDARD LOAN LOCALITIES MANUFACTURING MARKET RESEARCH MATERIAL MOBILE PHONE MOBILE PHONES MOTIVATION NATIONAL INSURANCE NEW JOBS NEW MARKETS NEW TECHNOLOGY OUTREACH ACTIVITIES OUTREACH PROGRAMS PENSION PERSONAL SAVINGS POLICY FRAMEWORK PRIMARY EDUCATION PRIVATE SECTOR PRODUCT DEVELOPMENT PRODUCTIVITY RAPID GROWTH RATE OF GROWTH REGULATORY ENVIRONMENT REGULATORY FRAMEWORK RESULTS RETIREMENT RURAL AREAS RURAL DEVELOPMENT SAFETY SAFETY NET SALARY SALES SAVINGS SAVINGS ACCOUNT SECONDARY EDUCATION SELF-EMPLOYMENT SITES SMALL BUSINESSES SMALL SCALE INDUSTRIES SOCIAL INSURANCE SOCIAL PROTECTION SOCIAL SECURITY STAKEHOLDER STAKEHOLDERS TECHNICAL ASSISTANCE TECHNICAL EDUCATION TECHNICAL SKILLS TECHNICAL TRAINING TECHNOLOGY FACILITIES TECHNOLOGY SUPPORT TECHNOLOGY TRANSFER TOWNS TRADE UNION TRAINING PROGRAM TRAINING PROGRAMS TRANSACTION URBAN AREAS URBAN ECONOMY URBAN POPULATION WAGE YOUNG PEOPLE YOUTH YOUTH EMPLOYMENT ZONING 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. 2014-06-23T22:26:10Z 2014-06-23T22:26:10Z 2011-11 http://documents.worldbank.org/curated/en/2011/11/17736614/raising-productivity-reducing-risk-household-enterprises-ghana-country-study http://hdl.handle.net/10986/18729 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work Africa Ghana