IDEAS home Printed from https://ideas.repec.org/a/wly/sustdv/v33y2025i2p2339-2351.html
   My bibliography  Save this article

Enhancing regional sustainable industrialisation and poverty reduction post‐COVID. The case of the common market for the eastern and southern Africa region

Author

Listed:
  • Freeman Munisi Mateko

Abstract

Industrialisation is important for attaining economic development in an economy as well as other macroeconomic objectives, such as economic growth and low levels of unemployment. This research aimed to examine how the Common Market for Eastern and Southern Africa can use industrialisation for effective poverty reduction. The research adopted the panel autoregressive distributed lag model. Data were sourced from the World Bank from 1994 to 2022. The results demonstrated that social security, remittances, industrial development and development aid are crucial factors that can be leveraged to reduce poverty in the COMESA region. It was established that if industrialisation increases by 1%, poverty will decrease by 19% in the long run. It was suggested that trade barriers be removed, and modern technology be harnessed to ensure the value‐benefit of the beneficiation of raw materials for effective poverty reduction.

Suggested Citation

  • Freeman Munisi Mateko, 2025. "Enhancing regional sustainable industrialisation and poverty reduction post‐COVID. The case of the common market for the eastern and southern Africa region," Sustainable Development, John Wiley & Sons, Ltd., vol. 33(2), pages 2339-2351, April.
    • Handle: RePEc:wly:sustdv:v:33:y:2025:i:2:p:2339-2351
    DOI: 10.1002/sd.3241
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/sd.3241
    Download Restriction: no
    File URL: https://libkey.io/10.1002/sd.3241?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Lane, Nathaniel, 2016. "Manufacturing Revolutions: Industrial Policy and Industrialization in South Korea," SocArXiv 6tqax, Center for Open Science.
    2. Abdul A. Erumban & Gaaitzen de Vries, 2021. "Industrialization in developing countries: is it related to poverty reduction?," WIDER Working Paper Series wp-2021-172, World Institute for Development Economic Research (UNU-WIDER).
    3. Barkat, Karim & Alsamara, Mouyad & Mimouni, Karim, 2023. "Can remittances alleviate energy poverty in developing countries? New evidence from panel data," Energy Economics, Elsevier, vol. 119(C).
    4. M. Hashem Pesaran & Ron P. Smith, 1998. "Structural Analysis of Cointegrating VARs," Journal of Economic Surveys, Wiley Blackwell, vol. 12(5), pages 471-505, December.
    5. Roghieh Gholami & Sang‐Yong Tom Lee & Almas Heshmati, 2006. "The Causal Relationship Between Information and Communication Technology and Foreign Direct Investment," The World Economy, Wiley Blackwell, vol. 29(1), pages 43-62, January.
    6. M. Hashem Pesaran & Yongcheol Shin & Richard J. Smith, 2001. "Bounds testing approaches to the analysis of level relationships," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 16(3), pages 289-326.
    7. Edmore Mahembe & Nicholas Mbaya Odhiambo, 2021. "Does foreign aid reduce poverty? A dynamic panel data analysis for sub-Saharan African countries," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 19(4), pages 875-893, December.
    8. Puruweti Siyakiya & Muammer Mustafa Erdoğdu & Ebru Çağlayan Akay, 2023. "Impact of industrialisation on economic development in selected African and Asian economies: the role of institutional quality and investment climate," SN Business & Economics, Springer, vol. 3(12), pages 1-32, December.
    9. Geof Wood & Meera Tiwari & John G. Taylor & Li Xiaoyun, 2012. "China'S Changing Poverty: A Middle Income Country Case Study," Journal of International Development, John Wiley & Sons, Ltd., vol. 24(6), pages 696-713, August.
    10. Sue Bowden & Blessing Chiripanhura & Paul Mosley, 2008. "Measuring and explaining poverty in six African countries: A long-period approach," Journal of International Development, John Wiley & Sons, Ltd., vol. 20(8), pages 1049-1079.
    11. Vollmer, Frank & Alkire, Sabina, 2022. "Consolidating and improving the assets indicator in the global Multidimensional Poverty Index," World Development, Elsevier, vol. 158(C).
    12. Vanessa Hartmann & Konstantin M. Wacker, 2023. "Poverty decompositions with counterfactual income and inequality dynamics," Review of Development Economics, Wiley Blackwell, vol. 27(3), pages 1746-1768, August.
    13. Riyazuddin Khan & Zeeshan & Mohammad Imdadul Haque & Neha Gupta & Mohammad Rumzi Tausif & Isha Kaushik, 2022. "How foreign aid and remittances affect poverty in MENA countries?," PLOS ONE, Public Library of Science, vol. 17(1), pages 1-20, January.
    14. Alexis Habiyaremye & Glenda Kruss & Irma Booyens, 2020. "Innovation for inclusive rural transformation: the role of the state," Innovation and Development, Taylor & Francis Journals, vol. 10(2), pages 155-168, May.
    15. repec:osf:socarx:6tqax_v1 is not listed on IDEAS
    16. Ogbuabor, Jonathan E. & Anthony-Orji, Onyinye I. & Manasseh, Charles O. & Orji, Anthony, 2020. "Measuring the dynamics of COMESA output connectedness with the global economy," The Journal of Economic Asymmetries, Elsevier, vol. 21(C).
    17. Balasubramanian, P. & Burchi, F. & Malerba, D., 2023. "Does economic growth reduce multidimensional poverty? Evidence from low- and middle-income countries," World Development, Elsevier, vol. 161(C).
    18. Isaac M.B. Shinyekwa & Corti P. Lakuma & Martin L. Munu, 2019. "The Effects of Regional Economic Communities on Industrialization: The Case of COMESA," African Development Review, African Development Bank, vol. 31(4), pages 506-516, December.
    19. Izzeldin, Marwan & Muradoğlu, Yaz Gülnur & Pappas, Vasileios & Petropoulou, Athina & Sivaprasad, Sheeja, 2023. "The impact of the Russian-Ukrainian war on global financial markets," International Review of Financial Analysis, Elsevier, vol. 87(C).
    20. Bokosi, Fanwell Kenala, 2022. "The Effects of Industrialisation on Economic Growth: Panel data evidence for SADC countries," African Journal of Economic Review, African Journal of Economic Review, vol. 10(3), June.
    21. Igor Lopes Rocha, 2018. "Manufacturing as driver of economic growth," PSL Quarterly Review, Economia civile, vol. 71(285), pages 103-138.
    22. Opeyemi AROMOLARAN & Nicholas NGEPAH & Charles Shaaba SABA, 2024. "Macroeconomic determinants of poverty in South Africa: the role of investments in artificial intelligence," Access Journal, Access Press Publishing House, vol. 5(2), pages 288-305, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Brittle, Shane, 2009. "Ricardian Equivalence and the Efficacy of Fiscal Policy in Australia," Economics Working Papers wp09-10, School of Economics, University of Wollongong, NSW, Australia.
    2. Tan, Madeleine Sui-Lay, 2016. "Policy coordination among the ASEAN-5: A global VAR analysis," Journal of Asian Economics, Elsevier, vol. 44(C), pages 20-40.
    3. Amarjit Singh Sidhu & Neha Verma, 2017. "Unveiling the Factors Affecting Profitability of Reinsurance Companies," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 42(3), pages 190-204, August.
    4. Abdul Rishad & Sanjeev Gupta & Akhil Sharma, 2021. "Official Intervention and Exchange Rate Determination: Evidence from India," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 13(3), pages 357-379, September.
    5. Akhand Akhtar Hossain, 2019. "Does money have a role in the inflation process? Evidence from Australia," Australian Economic Papers, Wiley Blackwell, vol. 58(2), pages 113-129, June.
    6. Sulaiman, Saidu & Masih, Mansur, 2017. "Is liberalizing finance the game in town for Nigeria ?," MPRA Paper 95569, University Library of Munich, Germany.
    7. Barnett, William A. & Ghosh, Taniya & Adil, Masudul Hasan, 2022. "Is money demand really unstable? Evidence from Divisia monetary aggregates," Economic Analysis and Policy, Elsevier, vol. 74(C), pages 606-622.
    8. Arvanitopoulos, T. & Agnolucci, P., 2020. "The long-term effect of renewable electricity on employment in the United Kingdom," Renewable and Sustainable Energy Reviews, Elsevier, vol. 134(C).
    9. Haoran Zhao & Sen Guo & Huiru Zhao, 2018. "Characterizing the Influences of Economic Development, Energy Consumption, Urbanization, Industrialization, and Vehicles Amount on PM 2.5 Concentrations of China," Sustainability, MDPI, vol. 10(7), pages 1-19, July.
    10. repec:ebl:ecbull:v:6:y:2007:i:7:p:1-10 is not listed on IDEAS
    11. Karimov, Mehman, 2024. "An Empirical Investigation of the Relationship Between Foreign Direct Investment and Unemployment Rate in Azerbaijan: An ARDL approach," Asian Journal of Applied Economics, Kasetsart University, Center for Applied Economics Research, vol. 31(2), December.
    12. Chen, George S. & Yao, Yao & Malizard, Julien, 2017. "Does foreign direct investment crowd in or crowd out private domestic investment in China? The effect of entry mode," Economic Modelling, Elsevier, vol. 61(C), pages 409-419.
    13. Richard Wamalwa Wanzala & Lawrence Ogechukwu Obokoh, 2024. "Savings and Sustainable Economic Growth Nexus: A South African Perspective," Sustainability, MDPI, vol. 16(20), pages 1-26, October.
    14. Muhammad, Anees & Ishfaq, Ahmed, 2011. "Industrial development, agricultural growth, urbanization and environmental Kuznets curve in Pakistan," MPRA Paper 33469, University Library of Munich, Germany.
    15. Desire Wade Atchike & Zhen-Yu Zhao & Geriletu Bao, 2020. "The Relationship between Electricity Consumption, Foreign Direct Investment and Economic Growth: Case of Benin," International Journal of Energy Economics and Policy, Econjournals, vol. 10(4), pages 507-515.
    16. Moges Tufa & Mans Söderbom & Zerayehu Sime, 2023. "The Impact of Sector-Specific Industrial Policy on Manufacturing Firm Performance: Quasi-experimental Evidence from Ethiopian Chemical Industries," Journal of Industry, Competition and Trade, Springer, vol. 23(3), pages 363-397, December.
    17. Ben Jebli, Mehdi & Ben Youssef, Slim, 2017. "Investigating the interdependence between non-hydroelectric renewable energy, agricultural value added, and arable land use in Argentina," MPRA Paper 77513, University Library of Munich, Germany.
    18. Sugandha Huria & Kanika Pathania, 2018. "Dynamics of Food Inflation: Assessing the Role of Intermediaries," Global Business Review, International Management Institute, vol. 19(5), pages 1363-1378, October.
    19. Ferdi ÇELİKAY, 2017. "Milli Gelirin Vergi Yükü Üzerindeki Etkileri: ARDL Sınır Testi Yaklaşımı ile Türkiye Üzerine Bir İnceleme (1924-2014)," Sosyoekonomi Journal, Sosyoekonomi Society, issue 25(32).
    20. Ben Jebli, Mehdi & Ben Youssef, Slim, 2015. "The environmental Kuznets curve, economic growth, renewable and non-renewable energy, and trade in Tunisia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 47(C), pages 173-185.
    21. Iram Ashraf & Amjad Ali, 2018. "Socio-Economic Well-Being and Women Status in Pakistan: An Empirical Analysis," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 7(2), pages 46-58, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:sustdv:v:33:y:2025:i:2:p:2339-2351. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1099-1719 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.