The Comparative Inclusive Human Development of Globalisation in Africa

S.A. Asongu, Jacinta Nwachukwu

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    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.

    The final publication is available at Springer via http://dx.doi.org/10.1007/s11205-016-1467-2
    Original languageEnglish
    Pages (from-to)1027–1050
    Number of pages24
    JournalSocial Indicators Research
    Volume134
    Issue number3
    Early online date7 Oct 2016
    DOIs
    Publication statusPublished - Dec 2016

    Keywords

    • Globalisation
    • inequality
    • inclusive development
    • Africa

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