Inequality and economic development: a test of the feminization hypothesis in selected African countries

2021 ◽  
pp. 1-23
Author(s):  
Chinonso V. Agu ◽  
Ekene S. Aguegboh
Keyword(s):  
Economic Development ◽  
African Countries

scholarly journals Implications of Governance, Natural Resources, and Security Threats on Economic Development: Evidence from Sub-Saharan Africa

2021 ◽  
Vol 18 (12) ◽  
pp. 6236
Author(s):  
Husam Rjoub ◽  
Chuka Uzoma Ifediora ◽  
Jamiu Adetola Odugbesan ◽  
Benneth Chiemelie Iloka ◽  
João Xavier Rita ◽  
...  
Keyword(s):  
Economic Development ◽  
Natural Resources ◽  
Causal Effect ◽  
Sub Saharan Africa ◽  
Security Threats ◽  
African Countries ◽  
Significance Level ◽  
Long Run ◽  
Short Run ◽  
Sub Saharan

Sub-Saharan African countries are known to be bedeviled with some challenges hindering the economic development. Meanwhile, some of these issues have not been exhaustively investigated in the context of the region. Thus, this study aimed at investigating the implications of government effectiveness, availability of natural resources, and security threats on the regions’ economic development. Yearly data, spanning from 2007 to 2020, was converted from low frequency (yearly) to high frequency (quarterly) and utilized. Data analysis was conducted using Dynamic heterogeneous panel level estimators (PMG and CS-ARDL). Findings show that while PMG estimator confirms a long-run causal effect of governance, natural resources, and security threats on economic development, only natural resources show a short-run causal effect with economic development, while the CS-ARDL (model 2) confirms the significance of all the variables both in the long and short-run. Moreover, the ECT coefficients for both models were found to be statistically significant at less than 1% significance level, which indicates that the systems return back to equilibrium in case of a shock that causes disequilibrium, and in addition, reveals a stable long-run cointegration among the variables in the model. Finally, this study suggests that the policy makers in SSA countries should place more emphasis on improving governance, managing security challenges, and effectively utilizing rents from the natural resources, as all these have severe implications for the economic development of the region if not addressed.

scholarly journals Adaptation of Globalization and Their Effect to the Tanzania Economic Growth

2018 ◽  
Vol 13 (8) ◽  
pp. 217
Author(s):  
Japhet Jacksoni Katanga ◽  
Seleman Pharles
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
International Cooperation ◽  
Developing Economies ◽  
Economic Inequality ◽  
Developed Countries ◽  
Advance Technology ◽  
African Countries ◽  
The Social

Globalization can be defined as the process based on international cooperation strategies, the aims of globalization is to expanded the operation of a certain business or service to become into a worldwide level, Globalization facilitate the modern advance technology which help community to undergo the social, political and economic development. Globalization economic has reinforced the margination for African developing economies and make to be dependent for the few primary commodities or service whereby the price and demand are extreme determine by externally. On this outcome it lead some of the African countries to be turn into poverty or economic inequality due let their own resources being determine by developed countries. On these paper you will get a chance to oversee the effect of adaption globalization to Tanzania economic growth.

The Role of Technology to Achieve Sustainable Economic Development in Africa

2016 ◽  
Vol 4 (2) ◽  
pp. 30-41
Author(s):  
Sally M. Farid
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
African Countries ◽  
Potential Growth ◽  
Annual Series ◽  
Development Indicators ◽  
Telecommunications Infrastructure ◽  
Sustainable Economic Development ◽  
The World

Objective - The purpose of this paper is to study how the technological innovation can achieve and promote sustainable development particularly in Africa. It considers forms of innovation technology that could enhance sustainable development. Methodology/Technique - The data used in this paper includes 54 African countries and the study period is from 2000 to 2014, using data on IT that measures the stock of telecommunications infrastructure as telecommunications investment. The GDP series represents annual real GDP in the prices of 2000. Annual series for IT and GDP were collected from the World Development Indicators of the World Bank database in 2015. Findings - The paper presents the concept and strategies of Sustainable Economic Development, discusses existing technologies in sustainable development, shows the role of technology in sustainable development, and presents the information and communication technology to promote economic development in Africa and the obstacles to set up policies for innovation technology in Africa. Novelty - The results have major implications. Firstly, the access to telecommunications services contributes towards economic growth. Secondly, an appropriate regulatory environment is necessary to realize the potential growth in telecommunications demand generated by increased income. Type of Paper - Empirical Keywords: Technology; Sustainable Economic Development; ICT in Africa.

Doing Business in Africa and African Business Opportunities

2014 ◽  
pp. 119-166
Keyword(s):  
Economic Development ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Foreign Direct Investments ◽  
African Countries ◽  
Performance Levels ◽  
Doing Business ◽  
Business Opportunities ◽  
And Performance

This is a key chapter in this book. It is central to the book’s message and explains fully the concept “doing business in Africa.” The chapter further classifies African business opportunities into enabling and specific opportunities. Specific opportunities are precise areas of Foreign Direct investments. The enabling opportunities are resources and institutions that make investing and doing business in Africa possible and easier. These resources and institutions include USA, European, Chinese, Brazilian, and Indian strategies to promote investment and “doing business in Africa.” These strategies further include linkages and several USA, European, Indian, Brazilian, and Chinese institutions focusing on promoting African trade and business. Moreover, the various perspectives of Foreign Direct Investment in Africa are elucidated and African countries are classified according to their economic development and performance levels.

Urbanization and Electric Power Crisis in Ghana

2018 ◽  
pp. 262-284 ◽  
Author(s):  
Patrick Brandful Cobbinah ◽  
Ellis Adjei Adams
Keyword(s):  
Economic Development ◽  
Urban Growth ◽  
Urban Poverty ◽  
Electrical Power ◽  
African Countries ◽  
Rapid Urbanization ◽  
Economic Implications ◽  
Socio Economic Development ◽  
History Of

Traditionally, urbanization is hailed as an important force for socio-economic development of countries. In fact, recent research on Africa suggests that urbanization has the potential to stimulate socio-economic development. Yet, many African countries experiencing rapid urban growth continue to bear a disproportionate amount of the costs associated with urbanization (e.g., increased urban poverty, and energy crisis among others). This is in sharp contradiction to the popular notion that urbanization is a stimulus for socio-economic development. Using Ghana as a case study, this chapter discusses the extent to which rapid urbanization influences power supply and the implications on socio-economic development. The chapter focuses on four issues: (1) the history of power and urbanization in Ghana; (2) the influence of urbanization on power crisis in Ghana; (3) the socio-economic implications of urbanization-induced power crisis; and (4) the policies available in addressing the power crisis. Recommendations to address the ever-growing demand for electrical power are proffered

Energy, Environment and Socio-Economic Development

2012 ◽  
pp. 226-242
Author(s):  
Divine Odame Appiah ◽  
Francis Kemausuor
Keyword(s):  
Economic Development ◽  
Environmental Sustainability ◽  
Economic Activities ◽  
African Countries ◽  
Environmental Consequences ◽  
Socio Economic Development ◽  
Food Shortages ◽  
Main Driver ◽  
Energy Environment ◽  
Sub Saharan

This chapter espouses the spatial relationships between energy, environment and socio-economic development, as some of the main challenges African countries are grappling with. Energy is the main driver of all forms of socio-economic activities occurring within the human space over time. In Africa, however, low access to energy has, to a greater extent, hampered the socio-economic development of the continent. Although the Millennium Development Goals (MDGs) do not specifically stipulate on any energy target, the realization of all the goals stands threatened if households, commercial and industrial activities do not get the rightful access in terms of availability and affordability to energy systems, including their appropriate conversion technologies. The authors explore the dynamics of energy, socio-economic development and environmental sustainability in a nexus of the triple challenges facing Africa, from different African scenarios. In Africa, the obstacles opposing the continent’s bid to expand the energy frontiers from the traditional sources of wood and fossil fuels into other second and third generation energy forms have been constructed in the areas of intense competition for arable lands for food crops and feed stocks cultivation. Suffice to say that increasing population densities, food shortages and insecurity and malnutrition with associated diseases have culminated into acute forms of poverty in recent years in Africa; the problems have been aggravated by the wanton degradation of the environmental resource base and the over-dependence of particular energy mix at both the rural and the urban settings. The above disposition therefore, militates greatly against the socio-economic efforts of most countries in sub-Saharan Africa. From a systemic perspective, the energy sector which drives almost every sub-sector of the broader socio-economic activity needs to factor the environmental consequences of extraction and use, with the attending impacts of climate variability and change in a vicious cycle of sustainability.

Trade Policies and Development of Technology in Africa

2010 ◽  
pp. 414-429
Author(s):  
Louis O. Osuji
Keyword(s):  
Economic Development ◽  
Growth And Development ◽  
Adam Smith ◽  
Trade Theory ◽  
African Countries ◽  
Trade Model ◽  
Innovation Transfer ◽  
Technological Growth ◽  
David Ricardo ◽  
And Diffusion

Trade between nations is very crucial in the process of economic and technological growth. Directly or indirectly, trade facilitates the process of technology innovation, transfer and diffusion. It offers the trajectory to evaluate and understand how technology penetrates economies and remains a good indicator to measure national progress on technology creation and assimilation. The growth link between international trade and economic development could be traced to the classical trade theory of Adam Smith, and David Ricardo and the modern neoclassical trade model of Heckscher-Ohlin (H-O). While there is no single model that captures the route to economic development, this chapter explores how African countries working closely can harness and utilize technological advancements to improve their share of global trade so as to accelerate their overall economic growth and development.

Immigrant Entrepreneurship in Africa

2021 ◽  
pp. 224-245
Author(s):  
Chibwe Chisala
Keyword(s):  
Economic Development ◽  
Qualitative Methodology ◽  
Positive Impact ◽  
Critical Role ◽  
Host Countries ◽  
African Countries ◽  
Immigrant Entrepreneurship ◽  
Social Challenges ◽  
Transfer Of Skills ◽  
Immigrant Entrepreneurs

This chapter enriches the knowledge base on immigrant entrepreneurship and outlines the critical role immigrant entrepreneurs play in socio-economic settings of African communities. It particularly investigates the contributions of immigrant entrepreneurship to Zambia's economic development. The chapter is anchored on the embedded mixed theory and an African humanist philosophy of Ubuntu. It tries to change the perception of the native citizens towards immigrants as such, avert the social challenges that immigrants encounter in host countries such as xenophobia or afrophobia. By employing a qualitative methodology approach, the chapter argues that immigrant entrepreneurs have had a positive impact on Zambia's socio-economic development through the creation of jobs, transfer of skills and competences. The chapter recommends that immigrant entrepreneurship should be supported and mainstreamed into national economic development policies of African countries.

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