Analysis of Three African Countries

download Analysis of Three African Countries

of 17

Transcript of Analysis of Three African Countries

  • 8/6/2019 Analysis of Three African Countries

    1/17

    Analysis of three AfricancountriesGhana, Kenya and Namibia

  • 8/6/2019 Analysis of Three African Countries

    2/17

    Summary

    Since the end of 2008, developing countries have begunto feel the full effects of the financial and

    economic crisis. The global economic crisis was anenormous shock for developing countries and Worldtrade is experiencing its largest decline ingenerations. Foreign direct investment (FDI) andother private flows are also declining. Therefore,developing countries are not in strong position to

    address the consequences of the current economiccrisis.

  • 8/6/2019 Analysis of Three African Countries

    3/17

    Namibia

    Ghana

    Kenya

  • 8/6/2019 Analysis of Three African Countries

    4/17

    Ghana

  • 8/6/2019 Analysis of Three African Countries

    5/17

    Kenya

  • 8/6/2019 Analysis of Three African Countries

    6/17

    Namibia

  • 8/6/2019 Analysis of Three African Countries

    7/17

    ana

    m ibia

    n ya

  • 8/6/2019 Analysis of Three African Countries

    8/17

    Ghana Kenya NamibiaReliable trading partner

    Stability of tax and tariff regime

    Effectiveness of public administration

    Entire South Africandevelopmentcommunity, Angola andZimbabwe

    Encourages taxsystem. Current rate of corporate income 35%.Allowances on buildingsused in the trade 20%.Foreign income nottaxable

    Indicator(Rank) Ghana Kenya NamibiaWastefulness of government spending 67 103 27Burden of government regulation 47 106 38Efficiency of legal framework in settlingdisputes

    50 100 24

    Efficiency of legal framework in challengingregulations

    57 108 15

    Transparency of government policymaking 99 109 39

  • 8/6/2019 Analysis of Three African Countries

    9/17

    Ghana Kenya Namibia

    Prevalence of corruption

  • 8/6/2019 Analysis of Three African Countries

    10/17

    Ghana Kenya Namibia

    Bureaucratic delays

    Indicator Ghana Kenya Namibia OECDProcedures (numbers) 7 11 10 5.6

    Time (days) 12 33 66 13.8

    Cost (% of income per capita) 20.3 38.3 18.5 5.3Paid-in Min. Capital (% of income per capita)

    11.0 0.0 0.0 15.3

  • 8/6/2019 Analysis of Three African Countries

    11/17

    Ghana Kenya Namibia

    Labour unions and relations

    Religious tensions

    Ethic legislation

    80-90% Christians(50% Lutheran)

    66 45117

    Ghana Kenya NamibiaCooperation in labour-employer

    relations

    61 83 108

    Flexibility of wage determination 118 81 83Rigidity of employment 67 37 27Hiring and firing practices 57 12 124Redundancy costs 131 81 44

    (ethical behaviour in interactions with public officials, politicians, and other enterprises)

  • 8/6/2019 Analysis of Three African Countries

    12/17

    Ghana Kenya Namibia

    Ghana Kenya NamibiaQuality of overall infrastructure 85 88 25

    Quality of roads 86 77 15

    Quality of railroad infrastructure 106 74 30

    Quality of port infrastructure 59 85 16

    Quality of air transport infrastructure 85 57 55

    Quality of electricity supply 109 103 41

    Fixed telephone lines 124 118 104

    Mobile telephone subscriptions 105 114 109

    Infrastructure

  • 8/6/2019 Analysis of Three African Countries

    13/17

    Ghana Kenya Namibia

    Intellectual property protection

    Rank of 139 countries 76 94 31

  • 8/6/2019 Analysis of Three African Countries

    14/17

    Ghana Kenya NamibiaPer capita income

    Economic growth over the last five years

    Inflation over the past two years

    4,310.00 $770.00 $700.00 $

    2008 16.522 13.1 9.9822009 19.251 11.75 9.144

  • 8/6/2019 Analysis of Three African Countries

    15/17

    Ghana Kenya Namibia

    Potential growth over the next three years

    Gross domestic product based on purchasing-power-parity (PPP)valuation of country GDP (in billions international dollars)

  • 8/6/2019 Analysis of Three African Countries

    16/17

    Ghana Kenya Namibia

    Concluding rankings

    699867Doing Business 2011 overall rankings

    The Global Competitiveness Report 2010-2011

    74

    1. Inadequately educatedworkforce

    2. Access to financing3. Inefficient government

    bureaucracy4. Restrictive labour regulations

    5. Poor work ethic in nationallabour force

    6. Corruption7. Tax rate

    114

    1. Access to financing2. Inadequate supply of

    infrastructure3. Inflation4. Inefficient government

    bureaucracy

    5. Corruption6. Tax rates7. Poor work ethic in national

    labour force

    106

    1. Corruption2. Access to financing3. Inefficient government

    bureaucracy4. Inadequate supply of

    infrastructure

    5. Crime and theft6. Inflation7. Tax rates8. Tax regulations

    Risks

  • 8/6/2019 Analysis of Three African Countries

    17/17

    References

    The Global Competitiveness Report 2010-2011 releasedby the World Economic Forum

    Doing Business 2011 Report