scholarly journals Governance and Policy Environment for Local Economic Development in Sub-Saharan Africa: Ethiopian Experience

2020 ◽  
Vol 8 (1) ◽  
Author(s):  
Defferew Kebebe Tessema
Keyword(s):  
Economic Development ◽  
Local Economic Development ◽  
Sub Saharan Africa ◽  
Policy Environment ◽  
Sub Saharan

scholarly journals Importance of the Improvement in the Agricultural Technology of Sub-Saharan Africa on Local Economic Development and International Trade

2021 ◽  
Vol 13 (5) ◽  
pp. 2555
Author(s):  
Mihasina Harinaivo Andrianarimanana ◽  
Pu Yongjian
Keyword(s):  
Economic Development ◽  
International Trade ◽  
Agricultural Sector ◽  
Local Economic Development ◽  
Positive Impact ◽  
Agricultural Trade ◽  
Sub Saharan Africa ◽  
African Region ◽  
The North ◽  
Sub Saharan

This study assesses the impacts of technological innovation in Sub-Saharan African agriculture on local and global economies. Using the Eaton–Kortum model, with θ = 4.0875, the results show that comparative advantage’s positive impact on agricultural trade more than offsets the negative impacts of geography barriers. Sub-Saharan Africa is among the least competitive region with respect to agriculture production. This is due to its low value of the technology parameter, about 0.16 compared to the North American’s one (93.23). We found that increasing the technology of a country in Sub-Saharan Africa would increase world trade volume within the range of 0.02 to 0.19%. It would increase the local agricultural monthly wage and the welfare of farmers in the Sub-Saharan African region. Therefore, to improve technology in the Sub-Saharan African region, policymakers need to attract foreign direct investment by making incentives and increasing labor skills. This study adds to the literature by determining the contribution of the agricultural sector in Sub-Saharan Africa in global economic development through international trade. It also informs policies on the reduction of poverty and food insecurity around the world in order to achieve some of the Sustainable Development Goals.

Local Economic Development in Sub-Saharan Africa

10.1068/c5p ◽  
2007 ◽  
Vol 25 (4) ◽  
pp. 516-536 ◽  
Author(s):  
Andrés Rodríguez-Pose ◽  
Sylvia A R Tijmstra
Keyword(s):  
Economic Development ◽  
Urban Areas ◽  
Local Economic Development ◽  
Sub Saharan Africa ◽  
Middle Income ◽  
Middle Income Countries ◽  
Design And Implementation ◽  
City Regions ◽  
The World ◽  
Sub Saharan

It has often been argued that Africa in general, and Sub-Saharan Africa (SSA) in particular, is ‘different’ and that it therefore requires ‘exceptional’ solutions to its development problems. In contrast, in this paper we argue that strong internal heterogeneity combined with general trends similar to those experienced elsewhere in the world make local economic development (LED) as likely to succeed in SSA as in other low- and middle-income countries. The likelihood of success depends mostly on place-specific conditions. Many of the most prosperous parts of the continent already have the basic enabling conditions for the design and implementation of LED strategies in place. Less favourable resource endowments, poor accessibility, and relatively weak civil societies can undermine the viability of LED outside the wealthier and most prosperous areas. In smaller urban areas and intermediate regions and city-regions, which lack only a few of the basic preconditions for LED, further capacity building may still enable the success of the approach. In contrast, LED may not be relevant for the poorest and most remote parts of SSA, where existing conditions do not provide a strong enough base on which to build LED strategies.

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 Economic development thresholds for a green economy in sub-Saharan Africa

2019 ◽  
Vol 38 (1) ◽  
pp. 3-17 ◽  
Author(s):  
Simplice A Asongu ◽  
Nicholas M Odhiambo
Keyword(s):  
Economic Development ◽  
Population Growth ◽  
Human Development ◽  
Generalized Method Of Moments ◽  
Sub Saharan Africa ◽  
Green Economy ◽  
Kuznets Curve ◽  
Sub Saharan ◽  
Using Data ◽  
The Empirical Analysis

This study investigates how increasing economic development affects the green economy in terms of CO2 emissions, using data from 44 countries in the sub-Saharan Africa for the period 2000–2012. The Generalized Method of Moments is used for the empirical analysis. The following main findings are established. First, relative to CO2 emissions, enhancing economic growth and population growth engenders a U-shaped pattern whereas increasing inclusive human development shows a Kuznets curve. Second, increasing gross domestic product growth beyond 25% of annual growth is unfavorable for a green economy. Third, a population growth rate of above 3.089% (i.e. annual %) has a positive effect of CO2 emissions. Fourth, an inequality-adjusted human development index of above 0.4969 is beneficial for a green economy because it is associated with a reduction in CO2 emissions. The established critical masses have policy relevance because they are situated within the policy ranges of adopted economic development dynamics.

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