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This presentation discusses the importance of measuring asset ownership and control at the individual level in Ghana for policy making. It explores the reasons for collecting data on asset ownership, poverty mapping, government interventions, women empowerment, and the gender wealth gap. The presentation also highlights the users of such data and estimation methods for capital formation in the household sector.
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Why Measure Asset Ownership and Control at Individual Level – Importance for Policy Making in Ghana Ghana Statistical Service 30th July, 2013 Bangkok, Thailand
Presentation Outline • why Ghana has collected asset ownership at household level and at individual level • Who are users of such data? • Estimation of capital formation in national accounts Measuring Asset Ownership from a Gender Perspective
why Ghana collects data on asset ownership at household and individual levels • Pattern and Trends of Poverty in Ghana &poverty mapping (levels by sex of head of household) (using GLSS/LMS) • Government intervention using a programme called Livelihood Empowerment Against Poverty (LEAP) • women empowerment in decision making at household level (using GDHS) • access to microcrediton the fact that decision-making power would be influenced by the resources that the individual controls (according to some studies) (Measuring the Gender Asset Gap in Ghana, 2011) Measuring Asset Ownership from a Gender Perspective
why Ghana collects data on asset ownership at household and individual levels • Distribution by forms of asset ownership _physical and financial assets • relationship between women’s ownership of assets and their participation in decision-making • Not more than 20 per cent of assets such as the place of residence, agricultural land, businesses and financial assets are owned jointly by couples but mostly owned by the men Measuring Asset Ownership from a Gender Perspective
Measures of Gender Wealth Gap Measuring Asset Ownership from a Gender Perspective
Largely due to customary laws and how land or properties are acquired (Inheritance and/or household/individual setup) Measuring Asset Ownership from a Gender Perspective
users of such data • Government and policy makers directed towards women empowerment • Researchers • NGOs • Researchers • Financial institutions (lenders and borrowers Act) – from GLSS5 report less than 5% were refused a loan . The most common reasons are insufficient income and insufficient collateral. Measuring Asset Ownership from a Gender Perspective
Estimation of capital formation of the household sector - national accounts • Capital formation including the household on buildings or construction, machinery and equipment (durables) are estimated using the commodity flow approach. • Cement production • Import statistics • Local production of building materials Measuring Asset Ownership from a Gender Perspective
End of presentation • Thank you Measuring Asset Ownership from a Gender Perspective