scholarly journals Growth effect of trade and investment in Sub-Saharan Africa countries: Empirical insight from panel corrected standard error (PCSE) technique

2019 ◽  
Vol 7 (1) ◽  
pp. 1607127 ◽  
Author(s):  
Fredrick Ikpesu ◽  
Olusegun Vincent ◽  
Olamitunji Dakare ◽  
Christian Nsiah
Keyword(s):  
Standard Error ◽  
Sub Saharan Africa ◽  
Growth Effect ◽  
Sub Saharan ◽  
Trade And Investment ◽  
Empirical Insight

A Review of Turkey's Economic Progress in Sub-Saharan Africa

2016 ◽  
pp. 310-323
Author(s):  
Umar Mohammed
Keyword(s):  
International Trade ◽  
Emerging Markets ◽  
Natural Resources ◽  
Sub Saharan Africa ◽  
Economic Relationships ◽  
Economic Progress ◽  
The World ◽  
Sub Saharan ◽  
Economic Engagement ◽  
Trade And Investment

Africa is one of the fastest growing regions on the globe and is home to seven of the ten fastest growing markets in the world. Sub-Saharan Africa in particular has many natural resources which has made it a hub for international trade. Turkey's search for alternative market to accelerate the development of its emerging markets has led to its economic engagement in sub-Saharan Africa. However, much has not been written on Turkey's inroads in that part of the continent. Therefore, the purpose of this paper is to review the progress of Turkey's trade and investment in sub Saharan Africa. It indicates that Turkey in the past didn't have much economic relationships with Sub Saharan Africa as compared to Northern Africa. Whilst the volume of Turkey's trade and investment in Sub- Saharan Africa keeps uprising, there are some limitations and difficulties to this partnership such as informational gap on both sides.

Growth Effect of Export Promotion on Non-oil Output in Sub-Saharan Africa (1970–2014)

2017 ◽  
Vol 3 (2) ◽  
pp. 139-155
Author(s):  
Apanisile Olumuyiwa Tolulope ◽  
Okunlola Charles Olalekan
Keyword(s):  
Exchange Rate ◽  
Private Sector ◽  
Government Expenditure ◽  
Export Promotion ◽  
Output Growth ◽  
Sub Saharan Africa ◽  
Bank Credit ◽  
Real Effective Exchange Rate ◽  
Growth Effect ◽  
Sub Saharan

The study examines the growth effect of export promotion strategies on non-oil output in the sub-Saharan African (SSA) countries between 1970 and 2014. The study employed panel data and three estimation techniques (pooled ordinary least square [OLS], fixed effect, and dynamic generalized moment method [GMM]) to analyze the data. In addition, export promotion policies (EPPs) such as commercial bank credit to private sector, foreign direct investment (FDI) to non-oil sector, real effective exchange rate, and government expenditure were used. Results show that all export promotion policy instruments used have a significant effect on non-oil output in SSA. Also, while bank credit to private sector have positive and significant effect, FDI, government expenditure, and exchange rate will crowd out growth effect of export promotion. The study concluded that favorable EPPs will stimulate non-oil output growth.

scholarly journals Growth effect of income inequality in sub-Saharan Africa: exploring the transmission channels

2020 ◽  
Vol 56 (2) ◽  
pp. 176-190
Author(s):  
Ibrahim Abidemi Odusanya ◽  
Anthony Enisan Akinlo
Keyword(s):  
Economic Growth ◽  
Income Inequality ◽  
Generalized Method Of Moments ◽  
Sub Saharan Africa ◽  
Growth Effect ◽  
Credit Market Imperfection ◽  
Negative Effect ◽  
Sub Saharan ◽  
Positive Effect ◽  
Ssa Countries

AbstractSub-Saharan Africa (SSA) ranks as the second most unequal region globally (in terms of income distribution), harboring 10 of the 19 most unequal countries in the world. This paper explores the channels through which income inequality exerts its effects on economic growth in SSA. The study spans the period 1995–2015, focusing on 31 SSA countries. Findings from the two-step system generalized method of moments suggest that income inequality exerts a significant positive effect on economic growth via the saving transmission channel, while it has a statistically significant negative effect on economic growth in the region through the channels of fertility, credit market imperfection, and fiscal policy.

Human capital threshold, foreign direct investment and economic growth: evidence from sub-Saharan Africa

2020 ◽  
Vol 19 (3) ◽  
pp. 323-337 ◽  
Author(s):  
Friday Osemenshan Anetor
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Generalized Method Of Moments ◽  
Mediating Effect ◽  
Sub Saharan Africa ◽  
Growth Effect ◽  
Content Type ◽  
Sub Saharan

Purpose The purpose of this study is to analyze the mediating effect of human capital in foreign direct investment (FDI) and growth nexus and establish the threshold of human capital in 28 sub-Saharan African (SSA) countries over the period 1999–2017. Design/methodology/approach This study used a secondary source of data obtained from the World Development Indicator and used the system generalized method of moments and dynamic panel threshold regression (TR) to analyze the data. Findings This study found that FDI and human capital have no significant impact on the economic growth in SSA. However, when the interactive term of FDI and human capital was introduced in the model, the economic growth effect of FDI became positive and significant, while the coefficient of the interactive term is negative and significant. This presupposes that SSA does not have a sufficient high-quality workforce that can absorb and transform the spillover benefits of FDI into economic growth. As a result, this study applied the TR to determine the minimum level of human capital and established a threshold level at 63.91%. Practical implications It, therefore, becomes pertinent for policymakers in the SSA region to have a human capital policy to build up their absorptive capacities to fully take advantage of FDI. Originality/value The contribution of this study lies in establishing a threshold of human capital at 63.91% for countries in the SSA region.

Turkey and South Africa: A Relationship of Regional Powers

2019 ◽  
Vol 6 (2) ◽  
pp. 154-171
Author(s):  
Michael B. Bishku
Keyword(s):  
South Africa ◽  
Middle East ◽  
Sub Saharan Africa ◽  
Muslim Population ◽  
Regional Powers ◽  
Sub Saharan ◽  
Political Economic ◽  
Relationship Of ◽  
The Relationship ◽  
Trade And Investment

This is an examination of the political, economic and cultural ties between a member of NATO, sometimes at odds with the Western Alliance (Turkey) and a prominent country in the Non-Aligned Movement (South Africa) from the late 1980s up to the present. Turkey regards South Africa as a key state in the continent in its more recent engagement in Africa, while South Africa sees Turkey as an essential relationship in the Middle East. They share some common concerns regarding the respective regions of sub-Saharan Africa and the Middle East, respectively, like peacekeeping and development in Africa and the politics of the Israel–Palestine situation. Turkey has maintained cultural ties with South Africa’s Muslim population, but is concerned about the Gülenist presence in South Africa. While the two countries have cooperated in political endeavors, trade and investment seem most prominent in their relationship. In recent years, there have been several reciprocal visits by leaders of both countries underlining the importance of the relationship.

Sign in / Sign up

Export Citation Format

Share Document