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Globalization and Female Economic Participation in MINT and BRICS countries

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  • Tolulope T. Osinubi

    (Obafemi Awolowo University, Ile-Ife, Nigeria)

  • Simplice A. Asongu

    (Yaoundé, Cameroon)

Abstract

This study examines the effect of globalization on female economic participation (FEP) in MINT (Mexico, Indonesia, Nigeria & Turkey) and BRICS (Brazil, Russia, India, China & South Africa) countries between 2004 and 2018. 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 Pooled Mean Group (PMG) estimators. 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 posit no short-run effect on FEP in the short-run. 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. This study complements the extant literature by focusing on how globalization dynamics influence FEP in the MINT and BRICS countries.

Suggested Citation

  • Tolulope T. Osinubi & Simplice A. Asongu, 2020. "Globalization and Female Economic Participation in MINT and BRICS countries," Working Papers of The Association for Promoting Women in Research and Development in Africa (ASPROWORDA). 20/004, The Association for Promoting Women in Research and Development in Africa (ASPROWORDA).
    • Handle: RePEc:aak:wpaper:20/004
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    Cited by:

    1. 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 22/040, European Xtramile Centre of African Studies (EXCAS).
    2. 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.
    3. 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.
    4. 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..
    5. Elvis Dze Achuo & Simplice A. Asongu & Vanessa S. Tchamyou, 2022. "Women empowerment and environmental sustainability in Africa," Working Papers of The Association for Promoting Women in Research and Development in Africa (ASPROWORDA). 22/003, The Association for Promoting Women in Research and Development in Africa (ASPROWORDA).
    6. 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.
    7. 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).
    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. 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.
    10. 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.
    11. Isaac K. Ofori & Andreas Freytag & Simplice A. Asongu, 2023. "Economic Globalisation and Africa’s Quest for Greener and More Inclusive Growth: The Missing Link," CESifo Working Paper Series 10489, CESifo.
    12. Asongu, Simplice & Nnanna, Joseph & Acha-Anyi, Paul, 2020. "Inclusive Education for Inclusive Economic Participation: the Financial Access Channel," MPRA Paper 103151, University Library of Munich, Germany.
    13. 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.
    14. Mama Usman, Aminat, 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, October.
    15. 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).
    16. Asiimire Donath & Gertrude Fester & Medard Twinamatsiko & Benard Nuwatuhaire, 2021. "Women’s employment and the changing family pattern in Ankole Sub-region- Uganda," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 5(12), pages 323-335, December.
    17. 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.

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    More about this item

    Keywords

    Globalization; female; gender; labour force participation; MINT and BRICS countries;
    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

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