The Comparative Inclusive Human Development of Globalisation in Africa

Simplice Asongu and Jacinta Nwachukwu ()

Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, 2017, vol. 134, issue 3, No 9, 1027-1050

Abstract: 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 vs. middle income), legal origins (English common law vs. French civil law), resource wealth (oil-rich vs. oil-poor), landlockedness (landlocked vs. unlandlocked), religious domination (Christianity vs. Islam) and political stability (stable vs. unstable). The empirical evidence is based on instrumental variable panel Fixed effects and Tobit regressions in order to control for the unobserved heterogeneity 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: 2017
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Citations: View citations in EconPapers (146)

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Related works:
Working Paper: The Comparative Inclusive Human Development of Globalisation in Africa (2016)
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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DOI: 10.1007/s11205-016-1467-2

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