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Globalization and Inclusive Human Development in Africa

Listed author(s):
  • Simplice Asongu

    ()

    (Yaoundé/Cameroun)

  • Jacinta C. Nwachukwu

    ()

    (Coventry University, UK)

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 beneficial 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.

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File URL: http://www.afridev.org/RePEc/agd/agd-wpaper/Globalization-and-Inclusive-Human-Development-in-Africa.pdf
File Function: Revised version, 2016
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Paper provided by African Governance and Development Institute. in its series Working Papers with number 16/049.

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Length: 22
Date of creation: Nov 2016
Publication status: Forthcoming in Man and the Economy
Handle: RePEc:agd:wpaper:16/049
Contact details of provider: Web page: http://www.afridev.org/index.php/en/
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