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Globalization and Inclusive Human Development in Africa

Author

Listed:
  • Asongu Simplice

    (Research Department, African Governance and Development Institute, P.O. Box 8413 Yaoundé, Yaoundé, Centre, Cameroon)

  • Nwachukwu Jacinta

    (School of Economics, Finance and Accounting, Faculty of Business and Law, Coventry University, Priory Street, Coventry, CV1 5FB, UK)

Abstract

This study extents the literature on responses to a recent World Bank report on the African poverty tragedy by assessing the effect of globalisation on inclusive human development in 51 African countries for the period 1996–2011. Political, economic, social and general globalisation variables are used. The empirical evidence is based on Generalised Method of Moments (GMM) and Instrumental Quantile Regressions (IQR). While estimated coefficients are not significant in GMM results, for IQR, globalisation positively affects inclusive human development and the favourable effect is higher in countries with high initial levels of inclusive development. The main economic implication is that in the post-2015 development agenda, countries would benefit more from globalisation by increasing their levels of inclusive development.

Suggested Citation

  • Asongu Simplice & Nwachukwu Jacinta, 2017. "Globalization and Inclusive Human Development in Africa," Man and the Economy, De Gruyter, vol. 4(1), pages 1-24, June.
    • Handle: RePEc:bpj:maneco:v:4:y:2017:i:1:p:24:n:3
    DOI: 10.1515/me-2017-0001
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    Cited by:

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    2. Simplice A. Asongu, 2017. "DOES GLOBALIZATION PROMOTE GOOD GOVERNANCE IN AFRICA? An Empirical Study across 51 Countries," World Affairs, John Wiley & Sons, vol. 180(2), pages 105-141, June.
    3. 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).
    4. Simplice A. Asongu & Joseph Nnanna & Paul N. Acha-Anyi, 2020. "On the simultaneous openness hypothesis: FDI, trade and TFP dynamics in Sub-Saharan Africa," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 9(1), pages 1-27, December.
    5. Paulos C Tsegaw, 2020. "The Nexus Between Good Governance Indicators And Human Development Index In Africa: An Econometric Analysis," Journal of Public Administration and Governance, Macrothink Institute, vol. 10(2), pages 119-119, December.
    6. Bil, Mariana & Barna, Marta & Zbarska, Anna, 2021. "Migration and human development in Ukraine: features of interaction and priorities of state regulation," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 7(3), September.
    7. Simplice A. Asongu & Joseph Nnanna & Paul N. Acha-Anyi, 2021. "The Openness Hypothesis in the Context of Economic Development in Sub-Saharan Africa: The Moderating Role of Trade Dynamics on FDI," The International Trade Journal, Taylor & Francis Journals, vol. 35(4), pages 336-359, July.
    8. Nchofoung, Tii N. & Asongu, Simplice A., 2022. "ICT for sustainable development: Global comparative evidence of globalisation thresholds," Telecommunications Policy, Elsevier, vol. 46(5).
    9. Ofori, Isaac K. & Freytag, Andreas & Asongu, Simplice A., 2024. "Economic globalisation and Africa's quest for greener and more inclusive growth: The missing link," International Economics, Elsevier, vol. 178(C).
    10. Tolulope Osinubi & Simplice Asongu, 2020. "Globalization and female economic participation in MINT and BRICS countries," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 48(6), pages 1177-1193, October.
    11. Jayanti Behera & Dukhabandhu Sahoo, 2022. "Asymmetric relationships between information and communication technology (ICT), globalization, and human development in India: evidence from non-linear ARDL analysis," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 11(1), pages 1-25, December.
    12. Vanessa S. Tchamyou & Ofeh M. Edoh, 2022. "Gender Inclusion and Sustainable Development in Africa," Working Papers 22/086, European Xtramile Centre of African Studies (EXCAS).
    13. Asongu, Simplice A. & Adegboye, Alex & Ejemeyovwi, Jeremiah & Umukoro, Olaoluwa, 2021. "The mobile phone technology, gender inclusive education and public accountability in Sub-Saharan Africa," Telecommunications Policy, Elsevier, vol. 45(4).
    14. Titus A. Ojeyinka & Tolulope T. Osinubi, 2022. "The moderating role of financial development in the globalization-sustainable development nexus in some selected African Countries," Economic Change and Restructuring, Springer, vol. 55(4), pages 2051-2080, November.
    15. Sodiq Arogundade & Mduduzi Biyase & Hinaunye Eita, 2021. "Foreign Direct Investment and poverty in Sub-Saharan African countries: the role of host absorptive capacity," Economic Development and Well-being Research Group Working Paper Series edwrg-04-2021, University of Johannesburg, College of Business and Economics, revised 2021.
    16. Nkechinyere R. Uwajumogu & Ebele S. Nwokoye & Richard O. Ojike & Kingsley I. Okere & Joy N. Ugwu & Anuli R. Ogbuagu, 2022. "Globalization and the proportion of women in vulnerable employment in sub‐Saharan Africa: The role of economic, social, and political conditions," African Development Review, African Development Bank, vol. 34(3), pages 356-369, September.
    17. Vanessa S. Tchamyou & Ofeh M. Edoh, 2022. "Gender Inclusion and Sustainable Development in Africa," Working Papers of The Association for Promoting Women in Research and Development in Africa (ASPROWORDA). 22/020, The Association for Promoting Women in Research and Development in Africa (ASPROWORDA).
    18. Vanessa S. Tchamyou & Ofeh M. Edoh, 2022. "Gender Inclusion and Sustainable Development in Africa," Working Papers of the African Governance and Development Institute. 22/086, African Governance and Development Institute..

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    More about this item

    Keywords

    globalisation; inequality; inclusive development; Africa;
    All these keywords.

    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other
    • D60 - Microeconomics - - Welfare Economics - - - General
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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