Ghana ranks 72nd in DHL Global Connectdness Index

Randy explains that depth refers to how much of a given activity is international (rather than domestic). Breadth complements depth by looking at how broadly the international component of a given type of activity is distributed across countries.

He says that the GCI also reveals that in 2011, intra-Africa trade continues to lag far behind its European and Asian counterparts. “If we want to improve this interconnectivity, we need to look at the ease of doing business across borders in the region and work towards regional trade agreements, customs improvements and border efficiencies, to name just a few.”

Ghana’s top trade export destinations are currently Togo (25%), South Africa (17%), France (9%), Italy (6%) and U. A. E. (5%).

Randy says that from a global perspective, the GCI 2012 indicates that today’s volatile and uncertain business environment bears the lasting impact of the financial crisis. “In this period of slow growth, it’s important to remember the tremendous gains that globalisation has brought to the world and recognise it as an engine of economic progress. It is crucial that governments around the globe resist protectionist measures that hinder cross-border interactions.”