Growing The Ghanaian Informal And Small Businesses


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Growing The Ghanaian Informal And Small Businesses

The Book "Growing the Ghanaian Informal and Small Businesses" attempts to explain
in a single publication the advantages that Ghana stands to gain if the huge informal
sector businesses are given proper recognition and support in Government policy
initiatives. The informal sector businesses currently employ over 80% of the economi-
cally active working population and appear not to be operating under any coordinated
policy framework.
For a sector of the economy that employs such huge numbers of people, it is important
that the government pays close attention to the challenges the sector faces by first
understanding its evolution, its growth dynamics, what attracts its operators to the
sector and what policies can be initiated to help the sector grow and contribute
positively to the socio-economic development of Ghana.
The Book draws on examples of policy initiatives adopted by some countries especially
in Africa who also face such informal business challenges and how such policies are
helping to bolster the growth of their informal businesses.
The Author recommends a wide range of policy initiatives that both Government and
the private sector can adopt to enhance the growth of the informal businesses and
throws the challenge to others to join the conversation to help grow the vibrant
informal sector for the benefit of Ghana's economic development.

Author: Nana Owusu-Afari

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