Gender and Economic Growth Assessment for Ghana 2007
This study presents an assessment of the role of gender in economic growth in Ghana with emphasis on constraints to enterprise operations, investment, and growth among women owned firms. Anecdotal evidence suggests that women own up to a third of b...
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| Format: | Report |
| Language: | English en_US |
| Published: |
International Finance Corporation, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/199331484638079692/Gender-and-economic-growth-assessment-for-Ghana-2007 http://hdl.handle.net/10986/25987 |
| Summary: | This study presents an assessment of the
role of gender in economic growth in Ghana with emphasis on
constraints to enterprise operations, investment, and growth
among women owned firms. Anecdotal evidence suggests that
women own up to a third of businesses in Africa, and that
this represents a significant source for scaling up economic
growth in such countries. In Ghana, women make up about 50.1
percent of the entire labor force and are mostly involved in
micro enterprises and the retail trade. In spite of the fact
that gender issues in Ghana have been given significant
attention over the last decade in particular; and that Ghana
ranks relatively well in terms of gender equity, there
remains a number of legal, administrative, and institutional
barriers that impede the growth of women-owned businesses
and for that matter women in general to attain their full
potential. This report was undertaken for the Ministry of
Women and Children’s Affairs (MOWAC) and coordinated by the
International Finance Corporation (IFC’s) Private Enterprise
Partnership for Africa under the gender-entrepreneurship
markets initiative. The study was conducted between July and
November 2006. Most economically-active women in Ghana
operate in the informal economy and are mostly involved in
micro-enterprises and retail trade. Women in the informal
sector tend to be located in the poorer segments of the
economy, particularly in food crop farming and the micro
enterprises sector. The general legal framework for property
rights and business formation in Ghana does not contain
explicit provisions that inhibit women’s economic
participation. For more publications on IFC Sustainability
please visit www.ifc.org/sustainabilitypublications. |
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