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The Comparative Inclusive Human Development of Globalisation in Africa

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  • Asongu, Simplice
  • Nwachukwu, Jacinta

Abstract

This study examines the impact of globalisation on inclusive human development in 51 African countries for the period 1996-2011 with particular emphasis on income levels (low income versus middle income), legal origins (English common law versus French civil law), resource wealth (oil-rich versus oil-poor), landlockedness (landlocked versus unlandlocked), religious domination (Christianity versus Islam) and political stability (stable versus unstable). The empirical evidence is based on instrumental variable panel Fixed effects and Tobit regressions in order to control for the unobserved heteroegeneity and limited range in the dependent variable. Political, economic, social and general globalisation variables are used. Six main hypotheses are investigated. The findings broadly show that middle income, English common law, oil-poor, unlandlocked, Christian-oriented and politically-stable countries are associated with comparatively higher levels of globalisation-driven inclusive human development. Puzzling findings are elucidated and policy implications discussed.

Suggested Citation

  • Asongu, Simplice & Nwachukwu, Jacinta, 2016. "The Comparative Inclusive Human Development of Globalisation in Africa," MPRA Paper 76122, University Library of Munich, Germany, revised Sep 2016.
  • Handle: RePEc:pra:mprapa:76122
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    Cited by:

    1. Asongu, Simplice & Acha-Anyi, Paul, 2017. "The Murder Epidemic: A Global Comparative Study," MPRA Paper 85486, University Library of Munich, Germany, revised Jan 2018.
    2. Asongu, Simplice & Nwachukwu, Jacinta, 2017. "Building Knowledge Economies in Africa: A Survey of Policies and Strategies," MPRA Paper 81701, University Library of Munich, Germany.
    3. Simplice Asongu & Ivo Leke, 2017. "External Flows and Inclusive Human Development in Sub-Saharan Africa," Working Papers 17/058, African Governance and Development Institute..
    4. repec:afj:journ2:v:14:y:2017:i:1:p:4-7 is not listed on IDEAS
    5. Asongu, Simplice A. & Le Roux, Sara, 2017. "Enhancing ICT for inclusive human development in Sub-Saharan Africa," Technological Forecasting and Social Change, Elsevier, vol. 118(C), pages 44-54.
    6. repec:afe:journl:v:19:y:2017:i:2:p:77-91 is not listed on IDEAS
    7. Asongu, Simplice & Raheem, Ibrahim & Tchamyou, Venessa, 2016. "Information Asymmetry and Financial Dollarization in Sub-Saharan Africa," MPRA Paper 77310, University Library of Munich, Germany.
    8. Simplice A. Asongu, 2017. "A Survey on Inequality-Adjusted Human Development in Africa," Africagrowth Agenda, Africagrowth Institute, vol. 14(1), pages 4-7.
    9. Asongu, Simplice, 2017. "Comparative Sustainable Development in Sub-Saharan Africa," MPRA Paper 85487, University Library of Munich, Germany, revised Dec 2017.
    10. Uchenna Efobi & Belmondo Tanankem & Simplice Asongu, 2018. "Female Economic Participation with Information and Communication Technology (ICT) Advancement: Evidence from Sub-Saharan Africa," Working Papers 18/005, African Governance and Development Institute..
    11. Simplice Asongu, 2017. "Persistence in Incarcerations: Global Comparative Evidence," Working Papers 17/056, African Governance and Development Institute..
    12. Uchenna Efobi & Belmondo Tanankem & Simplice Asongu, 2016. "Technological Advancement and the Evolving Gender Identities: A Focus on the Level of Female Economic Participation in Sub-Saharan Africa," Working Papers 16/045, African Governance and Development Institute..
    13. Simplice Asongu & Vanessa Tchamyou & Ndemaze Asongu & Nina Tchamyou, 2017. "The Comparative African Economics of Inclusive Development and Military Expenditure in Fighting Terrorism," Journal of African Development, African Finance and Economic Association, vol. 19(2), pages 77-91.
    14. Riccardo Pelizzo & Abel Kinyondo & Zim Nwokora, 2018. "Development in Africa," Working Papers 18/002, African Governance and Development Institute..
    15. Abel Kinyondo & Riccardo Pelizzo, 2018. "Growth, Employment, Poverty and Inequality in Tanzania," Working Papers 18/001, African Governance and Development Institute..
    16. Simplice Asongu, 2018. "Introduction," Working Papers 18/021, African Governance and Development Institute..
    17. Simplice Asongu, 2017. "The Comparative Sustainable Development in Sub-Saharan Africa," Working Papers 17/060, African Governance and Development Institute..

    More about this item

    Keywords

    Globalisation; inequality; inclusive development; Africa;

    JEL classification:

    • D60 - Microeconomics - - Welfare Economics - - - General
    • 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
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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