Advancing the Cause for a Favourable Business Environment through Advocacy
The study surveyed 200 businesses in the Greater Accra, Ashanti, Western and Eastern regions operating in the agriculture, industry and services sectors on their key constraints and the effect on their confidence and performance. These constraints are not peculiar to Ghanaian businesses, but are generally common to those that appear in the theoretical literature as well as in many of the empirical studies that have been conducted for countries, regions and on a global scale. The study suggested direct policy interventions to address the constraints facing businesses, some of which were due to market failures that needed to be corrected. The study also involved advocacy to sensitize policymakers and other stakeholders on the need to act on the policy recommendations.