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GHANA YOUTH BUSINESS PERFORMANCE AND SUSTAINABILITY INDEX REPORT - 2021
This report, the first of its kind, features the development of an appropriate methodology and the construction of the Youth Business Performance and Sustainability Index (YBPSI) in Ghana. The YBPSI offers insights into the performance and sustainability of youth businesses particularly within the informal sectors of Ghana. In this report, we define youth enterprises as those owned by individuals aged between 18 and 35 years. Over the years, efforts have been made by different researchers to construct indexes within the business ecosystem. However, none of these indexes have given special focus on youth businesses and particularly within the informal sector. To be considered within the broader national policy circles, it is crucial to conduct cutting-edge research on youth enterprises’ performance and sustainability to provide a fundamental evidence for their inclusion or otherwise in policy.
At the outset, informal youth businesses appear to be outside the official books of governments. However, to reduce the size of this sector and the contributions they make to gross production is a biased depiction and cannot be overlooked. It, therefore, became imperative to set out to develop a methodology for the construction of an index which seeks to measure the performance and consequently the sustainability of youth enterprises.