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Income Levels, Governance and Inclusive Human Development in Sub-Saharan Africa

Simplice Asongu () and Nicholas Odhiambo ()

No 19/036, Working Papers of the African Governance and Development Institute. from African Governance and Development Institute.

Abstract: This study examines how income-driven governance affects inclusive human development in Sub-Saharan Africa with data for the period 2000-2012. The empirical evidence is based on the Generalised Method of Moments (GMM) and Tobit regressions. Nine bundled and unbundled concepts of governance are used: political (voice & accountability and political stability/no violence), economic (government effectiveness and regulation quality) and institutional (corruption-control and the rule of law) governances. The main finding is that ‘middle income’-driven governance has a higher effect on inclusive human development than ‘low income’-driven governance. Policy implications are discussed in the light of: (i) the contemporary relevance of findings; (ii) the pivotal role of a higher income level in the post-2015 sustainable development agenda; and (iii) inconsistent strands in the literature and in foreign aid policies.

Keywords: Inclusive development; Income levels; Governance; Africa (search for similar items in EconPapers)
JEL-codes: D31 I10 I32 K40 O55 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-afr and nep-law
Date: 2019-01
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Forthcoming: Applied Research in Quality of Life

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http://www.afridev.org/RePEc/agd/agd-wpaper/Income ... uman-Development.pdf Revised version, 2019 (application/pdf)

Related works:
Working Paper: Income Levels, Governance and Inclusive Human Development in Sub-Saharan Africa (2019) Downloads
Working Paper: Income Levels, Governance and Inclusive Human Development in Sub-Saharan Africa (2019) Downloads
Working Paper: Income levels,governance and inlusive human development in Sub-Saharan Africa (2019) Downloads
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