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Globalization and female economic participation in MINT and BRICS countries

Author

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  • Tolulope Osinubi
  • Simplice Asongu

Abstract

Purpose - This study examines the effect of globalization on female economic participation (FEP) in MINT (Mexico, Indonesia, Nigeria and Turkey) and BRICS (Brazil, Russia, India, China and South Africa) countries between 2004 and 2018. Design/methodology/approach - Four measures of globalization are employed and sourced from KOF globalization index, 2018, while the female labour force participation rate is a proxy for FEP. The empirical evidence is based on the Pooled Mean Group (PMG) estimator. Findings - The findings of the PMG estimator from the Panel ARDL method reveal that political and overall globalization in MINT and BRICS countries have a positive impact on FEP, whereas social globalization exerts a negative impact on FEP in the long-run. It is observed that economic globalization has no long-run effect on FEP. Contrarily, all the measures of globalization reflect no short-run effect on FEP. This supports the argument that globalization has no immediate effect on FEP. Thus, it is recommended that both MINT and BRICS countries should find a way of improving the process of globalization generally to empower women to be involved in economic activities. Originality/value - This study complements the extant literature by focusing on how globalization dynamics influence FEP in the MINT and BRICS countries.

Suggested Citation

  • 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.
    • Handle: RePEc:eme:jespps:jes-08-2020-0381
    DOI: 10.1108/JES-08-2020-0381
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    Citations

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    Cited by:

    1. Simplice Asongu & Rexon Nting, 2020. "The comparative economics of financial access in gender economic inclusion," African Journal of Economic and Management Studies, Emerald Group Publishing Limited, vol. 12(2), pages 193-207, December.
    2. Beri, Parfait & Molem, Christopher Sama, 2024. "The impact of economic globalisation on labour market outcomes in Africa," MPRA Paper 122554, University Library of Munich, Germany.
    3. Asongu, Simplice A. & Bouanza, Jean R.F.K. & Agyemang-Mintah, Peter, 2024. "Globalization in lifelong gender inclusive education for structural transformation in Africa," Economic Systems, Elsevier, vol. 48(4).
    4. Nawab Khan & Ram L. Ray & Hazem S. Kassem & Muhammad Ihtisham & Badar Naseem Siddiqui & Shemei Zhang, 2022. "Can Cooperative Supports and Adoption of Improved Technologies Help Increase Agricultural Income? Evidence from a Recent Study," Land, MDPI, vol. 11(3), pages 1-18, March.
    5. 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).
    6. Simplice A. Asongu & Nicholas M. Odhiambo, 2020. "Finance, governance and inclusive education in Sub-Saharan Africa," Social Responsibility Journal, Emerald Group Publishing Limited, vol. 17(8), pages 1044-1061, July.
    7. Simplice A. Asongu & Nicholas M. Odhiambo, 2023. "Economic sectors and globalization channels to gender economic inclusion in Sub-Saharan Africa," Working Papers of the African Governance and Development Institute. 23/020, African Governance and Development Institute..
    8. Edafe, Oluwatosin D. & Osabuohien, Evans & Matthew, Oluwatoyin & Osabohien, Romanus & Khatoon, Rehmat, 2023. "Large-scale agricultural investment and female employment in African communities: Quantitative and qualitative insights from Nigeria," Land Use Policy, Elsevier, vol. 127(C).
    9. Messono Ombolo Omang & Fabrice Assoumou Zambo, 2026. "Effect of Globalization on Economic Vulnerability in 142 Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 17(1), pages 2845-2888, February.
    10. Asongu, Simplice A. & Nounamo, Yann & Njangang, Henri & Tadadjeu, Sosson, 2021. "Gender inclusive intermediary education, financial stability and female employment in the industry in Sub-Saharan Africa," Finance Research Letters, Elsevier, vol. 43(C).
    11. Ofori, Pamela E. & Ofori, Isaac K. & Castelnovo, Paolo, 2024. "Effects of Innovation and Economic Freedom on Female Economic Inclusion," EconStor Preprints 298786, ZBW - Leibniz Information Centre for Economics.
    12. Simplice A. Asongu & Jean R. F. K. Bouanza & Armand F. Akpa, 2024. "Governance and Structural Transformation in Africa: Thresholds of Lifelong Gender Inclusive Education," Journal of Africa SEER Centre(ASC) 24/002, Africa SEER Centre(ASC).
    13. Ofori, Pamela E. & Ofori, Isaac K. & Castelnovo, Paolo, 2024. "Effects of Innovation and Economic Freedom on Female Economic Inclusion," MPRA Paper 121244, University Library of Munich, Germany.
    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. repec:bcp:journl:v:5:y:2021:i:12:p:323-335 is not listed on IDEAS
    16. Elvis Dze Achuo & Simplice A. Asongu & Vanessa S. Tchamyou, 2022. "Women empowerment and environmental sustainability in Africa," Working Papers of the African Governance and Development Institute. 22/004, African Governance and Development Institute..
    17. Simplice A. Asongu & Joseph Nnanna & Paul N. Acha-Anyi, 2020. "Inclusive Education for Inclusive Economic Participation: the Financial Access Channel," Research Africa Network Working Papers 20/019, Research Africa Network (RAN).
    18. Asongu, Simplice A. & Adegboye, Alex & Nnanna, Joseph, 2021. "Promoting female economic inclusion for tax performance in Sub-Saharan Africa," Economic Analysis and Policy, Elsevier, vol. 69(C), pages 159-170.
    19. Simplice A. Asongu & Nicholas M. Odhiambo, 2022. "Remittances and value added across economic sub-sectors in Sub-Saharan Africa," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(1), pages 23-41, February.
    20. Vanessa S. Tchamyou & Juste Some & Simplice A. Asongu, 2022. "The African Continental Free Trade Area and Financial Development for Women Economic Participation in Africa," Working Papers of the African Governance and Development Institute. 22/040, African Governance and Development Institute..
    21. 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).
    22. 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.
    23. Simplice A. Asongu & Juste Somé, 2026. "Governance and information technology for female labour force participation in the African Continental Free Trade Area," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 35(1), pages 207-228, January.
    24. Aminat Mama Usman, 2022. "Globalization, Economic Development On Gender Inequality In Nigeria," Ilorin Journal of Business and Social Sciences, Faculty of Social Sciences, University of Ilorin, vol. 24(2), pages 137-154.

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    Keywords

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    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

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