A Study of the Socio-Economic Contribution of Rural Small-Scale Industries (RSSIs) in Ghana

The study goes back in time to analyse the role of the Small-Scale Industries (RSSIs) sector during a country’s economic downturn. Between 1970 and 1996, Ghana suffered through a particularly tough time in its political, social, and economic development. Ghana’s economy contracted and distorted during this time, and there were severe shortages of what became known as “basic commodities” on the market. During those difficult times, RSSIs not only became prominent in people’s lives by filling the void left by the collapsed medium and large-scale industries, but they also created jobs, encouraged entrepreneurial development, provided employment, and generated income for a large number of people in rural areas, among other things. The data used in this study came from a structured questionnaire survey given in communities in Ghana’s Mfantseman District in the Central Region, which gathered information from a population of SSI enterprises. A total of 215 business owners were questioned. According to the findings, the SSI sector encompasses a wide range of activities and is a critical component of rural off-farm activity. Internal skill development contributes for a larger share of total entrepreneur development in the survey, while the formal sector plays no significant role in RSSI sector skill development. The study’s findings imply that the RSSI sector has a high potential for job creation, plays an important role in people’s politico-socio-economic life, and may be used to reduce poverty in rural regions, thereby contributing to the Sustainable Development Goals (SDGs) 1, among others.

Author(S) Details

S. E. Edusah
Bureau of Integrated Rural Development (BIRD), Kwame Nkrumah University of Science and Technology (KNUST), UPO, Kumasi, Ghana.

View Book:- https://stm.bookpi.org/NIEBM-V2/article/view/4742

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