The Comparative Inclusive Human Development of Globalisation in Africa

Simplice Asongu and Jacinta Nwachukwu ()

MPRA Paper from University Library of Munich, Germany

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.

Keywords: Globalisation; inequality; inclusive development; Africa (search for similar items in EconPapers)
JEL-codes: D60 E60 F40 F59 O55 (search for similar items in EconPapers)
Date: 2016-03, Revised 2016-09
New Economics Papers: this item is included in nep-gro and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

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Related works:
Journal Article: The Comparative Inclusive Human Development of Globalisation in Africa (2017)
Working Paper: The Comparative Inclusive Human Development of Globalisation in Africa (2016)
Working Paper: The Comparative Inclusive Human Development of Globalisation in Africa (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:76122

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