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good for ownership, as well as for debt management and the development of
entrepreneurship or the private sector in general. Stakeholders agree that the ability to
attract FDI would increase with improvements in macroeconomic policies, institutions
(property rights, constraints on government, and the legal framework in general), and
government efficiency (including reducing corruption). Measures for raising the quality
of human capital (e.g. schooling, technological capability of the labour force, and
worker discipline), would also contribute to attracting FDI. Stakeholders did not,
however, elaborate on how these improvements and measures should be brought about.
Participation and transparency
35. Several stakeholders state that, participation in economic programme design by
persons and bodies outside the government, especially outside the Accra region, is
currently very weak, as is transparency in decision making. Inadequate information
about government plans and procedures prohibit substantive contributions to policymaking. Too often, suggestions offered to the government are ignored in its decisionmaking and some of the political elites are simply insensitive to feelings at grassroots
level. It is felt that government officials underestimate the capabilities of ordinary
persons and civil society organisations, particularly those outside Accra, to contribute
substantially to economic policy-making. Broad participation in national policymaking and transparency in government decision-making would improve program
design, policy implementation and economic performance.
36. Government representatives emphasised that the capacity of stakeholders is a key
component of their ability to contribute to public policy-making. The government is not
reluctant to elicit wide participation, but such an invitation must of necessity be limited
to those stakeholders with adequate capacity to make a significant contribution.
Concerted efforts are typically made to achieve broad participation in those policies
with a major welfare impact on all citizens. Hence, in formulating development plans
and poverty programmes, such as the GPRS, discussions and consultations occur at all
levels and in all regions. Careful attention is paid to ensuring that the objectives and
instruments, as well as the projected costs and benefits to various groups and regions, are
clearly understood. The government frequently organises workshops for chiefs and
other groups, enabling them to participate more substantially in governance.
37. A few government representatives in regions outside Accra contend that, since
Ghana's parliament plays an important role in economic decisionmaking, it is logical to
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