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Globalization and Inclusive Human Development in Africa

Simplice Asongu () and Jacinta Nwachukwu ()

Man and the Economy, 2017, vol. 4, issue 1, 24

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 favourable 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: E60 F40 F59 D60 O55 (search for similar items in EconPapers)
Date: 2017
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Working Paper: Globalization and Inclusive Human Development in Africa (2016) Downloads
Working Paper: Globalization and Inclusive Human Development in Africa (2016) Downloads
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