Globalization and Inclusive Human Development in Africa

Simplice Asongu and Jacinta Nwachukwu ()

MPRA Paper from University Library of Munich, Germany

Abstract: 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.

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: 2016-11
New Economics Papers: this item is included in nep-int and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Related works:
Journal Article: Globalization and Inclusive Human Development in Africa (2017)
Working Paper: Globalization and Inclusive Human Development in Africa (2016)
Working Paper: Globalization and Inclusive Human Development in Africa (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:78140

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