BENEFITS OF COMPETITION REFORMS FOR CONSUMERS AND
PRODUCERS IN DEVELOPING COUNTRIES
(CREW Project)
18TH – 19TH NOVEMBER, 2014 - BANGKOK
Reflections on the CREW Methodology and Uptake in Other
Countries/Sectors: GHANA
JOE TACKIE
CEO, PRIVATE SECTOR DEVELOPMENT STRATEGY
1
CONTEXT
A CLEAR FOCUS ON
PRIVATE SECTOR DEVELOPMENT
GHANA’S MEDIUM TERM PRIVATE SECTOR
DEVELOPMENT STRATEGY II
THE VISION
A Thriving Private Sector:
GOAL
To achieve sustainable, equitable and widespread
private sector-led growth throughout Ghana
PURPOSE
To enhance the competitiveness of the
private sector
A THRIVING PRIVATE SECTOR
• That will deliver:
Economic transformation - productive, efficiency driven
diversified economy
Wider economic opportunity – Prosperity for All!
Jobs, Incomes, greater regional equity
LINK INTO OTHER NATIONAL INITIATIVES
NDPC THEMATIC AREAS
Macroeconomic stability
Competitive Ghana Private Sector
Modernised Agricultural & sustainable Natural Resource Management
Oil and Gas Development
Infrastructure and Human Settlements Development
Human Development, Productivity & Employment
Transparent and Accountable Governance.
PSDS II
Sector
Strategies
MDA Policies/
Initiatives
Private Sector
Projects
Development
Partner Projects
WHERE WE WANT TO BE
2017
2014
Now (GCI Ranking)
Basic requirements
• Institutions
• Infrastructure
• Macroeconomic stability
• Health and primary education
Efficiency enhancers
• Higher education and training
• Goods market efficiency
• Labour market efficiency
• Financial market sophistication
• Technological readiness
• Market size
TRANSITION
THE NEED FOR
COMPETITION REFORMS
COMPETITION POLICY vis-à-vis COMPETITION LAW
Competition Policy
FDI Policy
Trade Policy
Industrial Policy
Disinvestment Policy
All Government
Policies that affect the
functioning of markets
Fiscal Policy
IPR Policy
Competition
Law
Labour Policy
Procurement Policy
….. Other……
Source: CUTS, 2007
Competition Policy - a broad concept
that seeks to harmonise all
government policies
Competition Reforms, Economic Growth and
Poverty Reduction
THE RATIONALE FOR COMPETION REFORMS
Wealth creation
Employment creation (jobs)
Participation in mainstream economic
activity
Innovation, new
approaches,
higher
productivity,
technology
diffusion
The role and
contribution of
Competition
Reforms to
economic growth
and development
Better goods and services
Real choices for the poor
A Competition
Regime enables poor
women & men to
access goods &
services &
participate in growth
Tax revenues
that finance
services,
increased
capabilities of
government
KEY SUCCESS FACTORS
LEADERSHIP
SENSE OF URGENCY
BEHAVIOURS & ATTITUDE
OWNERSHIP
SITUATE COMPETITION REFORMS WITHIN EXISTING
GOVERNANCE ARRANGMENTS FOR PRIVATE SECTOR
DEVELOPMENT
THE COUNCIL
Chaired by the Presidency
GOVERNMENT
Pre side ncy &
Ministe rs
PRIVATE SECTOR
Formal &
Inf ormal
DEVELOPMENT
PARTNERS
THE BOARD
Chaired by a Private Sector Representative
PRIVATE SECTOR
REPRESENTATIVES
MINISTER FOR
TRADE &
INDUSTRY
DEVELOPMENT
PARTNERS
THE SECRETARIAT
H EAD ED BY CH IEF EXECUTIVE
OFFICER
IMPLEMENTING AGENCIES
MDAs
Private Sector Service
Providers
PPP Arrangements
GUIDED BY IMPLEMENTATION PRINCIPLES
Transparent, evidence based
policy making processes.
Deepening Understanding for
reforms
Mutual commitment and
accountability
Using the
capabilities of
both the public
and private sectors
Leadership from the top
To undertake
reforms
Maintaining commitment
and drive
COMPETITION REFORMS
KEY SUCCESS FACTORS:
1. Communication
2. Strengthening Business Associations
3. Role of the Media and CSO
4. Collaboration between Govt., Private Sector and
Civil Society
5. Programme of reform supervised by Inter Agency
Coordinating Teams
6. Management - Target best brains in the country for
credibility
7. Analysis / Recommendations – Persons able to
command the respect of all sides
THANK YOU