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Economic Globalisation and Youth Unemployment – Evidence from African countries

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  • Atif Awad

Abstract

The present study seeks to examine the impact of economic globalisation on youth unemployment for 50 African countries between the period 1994 and 2013. In addition to the economic globalisation measurements, the present study controlled the variables that represent the fluctuations in economic activates; demographic changes, a country’s economic size; the quality of governmental institutions; and labour market regulation. The results of the Arellano-Bond (A-B) GMM technique showed that greater openness to global markets would reflect in a lower youth unemployment rate. Furthermore, the results revealed that rigidity in labour market regulations seemed to reduce the youth unemployment rate. In addition, urbanisation seemed to raise the youth unemployment rate. The findings supported contemporary calls to participate in international trade to facilitate the job creation process.

Suggested Citation

  • Atif Awad, 2019. "Economic Globalisation and Youth Unemployment – Evidence from African countries," International Economic Journal, Taylor & Francis Journals, vol. 33(2), pages 252-269, April.
    • Handle: RePEc:taf:intecj:v:33:y:2019:i:2:p:252-269
    DOI: 10.1080/10168737.2019.1604787
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    Cited by:

    1. Isaac K. Ofori & Andreas Freytag & Simplice A. Asongu, 2023. "Economic globalisation and Africa's quest for greener and more inclusive growth: The missing link," Jena Economics Research Papers 2023-004, Friedrich-Schiller-University Jena.
    2. Isaac K. Ofori & Andreas Freytag & Simplice A. Asongu, 2023. "Economic globalisation and Africa’s quest for greener and more inclusive growth: The missing link," Working Papers 23/032, European Xtramile Centre of African Studies (EXCAS).
    3. Mert TOPCU & Lütfi BİÇİMVEREN, 2020. "Regional Youth Unemployment in Turkey: Do Determinants Vary by Gender?," Journal of Economic Policy Researches, Istanbul University, Faculty of Economics, vol. 7(2), pages 51-67, July.
    4. Koffi Kpognon & Henri Atangana Ondoa & Mamadou Bah & Marie Fanny Messe, 2020. "Ouverture commerciale, institutions du marché du travail et emploi des jeunes en Afrique," African Development Review, African Development Bank, vol. 32(S1), pages 91-105, November.
    5. Mina Baliamoune, 2022. "Trade and Youth Labor Market Outcomes: Empirical Evidence and Policy Implications," Research papers & Policy papers 1945, Policy Center for the New South.

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