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Major Indicators Ghana drops 2 spots on the Doing Business Report 2015

 The indicators on dealing with construction permits now include an index of the quality of building regulation and its implementation.

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As part of a two-year update in methodology, Doing Business 2016 expands the focus of five indicator sets (dealing with construction permits, getting electricity, registering property, enforcing contracts and labor market regulation), substantially revises the methodology for one indicator set (trading across borders) and implements small updates to the methodology for another (protecting minority investors).

 The indicators on dealing with construction permits now include an index of the quality of building regulation and its implementation. The getting electricity indicators now include a measure of the price of electricity consumption and an index of the reliability of electricity supply and transparency of tariffs.

Starting this year, the registering property indicators include an index of the quality of the land administration system in each economy in addition to the indicators on the number of procedures and the time and cost to transfer property. And for enforcing contracts an index of the quality and efficiency of judicial processes has been added while the indicator on the number of procedures to enforce a contract has been dropped.

The scope of the labor market regulation indicator set has also been expanded, to include more areas capturing aspects of job quality. The labor market regulation indicators continue to be excluded from the aggregate distance to frontier score and ranking on the ease of doing business.

The case study underlying the trading across borders indicators has been changed to increase its relevance. For each economy the export product and partner are now determined on the basis of the economy’s comparative advantage, the import product is auto parts, and the import partner is selected on the basis of which economy has the highest trade value in that product.

The indicators continue to measure the time and cost to export and import. Beyond these changes there is one other update in methodology, for the protecting minority investors indicators.

A few points for the extent of shareholder governance index have been fine-tuned, and the index now also measures aspects of the regulations applicable to limited companies rather than privately held joint stock companies.

 

This page summarizes Doing Business 2016 data for Ghana. The first section presents the Ease of Doing Business rank (out of 189 economies) and the distance to frontier (DTF)** measure, overall and by topic. The second section summarizes the key indicators for each topic benchmarked against regional averages.

 

 

Below is the  full report on Ghana:

Ghana drops 2 steps on Doing Business Report 2015 

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