Inclusive Human Development in Sub-Saharan Africa

Forthcoming: Journal of Enterprising Communities: People and Places in the Global Economy. DOI: 10.1108/JEC-11-2019-0115

22 Pages Posted: 13 Apr 2020 Last revised: 4 May 2020

See all articles by Simplice Asongu

Simplice Asongu

University of Johannesburg

Joseph Nnanna

Development Bank of Nigeria

Date Written: January 18, 2020

Abstract

This study assesses the role of income levels (low and middle) in modulating governance (political and economic) to influence inclusive human development. The empirical evidence is based on interactive quantile regressions and forty-nine countries in sub-Saharan Africa for the period 2000-2002.The following main findings are established. First, low income modulates governance (economic and political) to positively affect inclusive human development exclusively in countries with above-median levels of inclusive human development. It follows that countries with averagely higher levels of inclusive human development are more likely to benefit from the relevance of income levels in influencing governance for inclusive development. Second, the importance of middle income in modulating political governance to positively affect inclusive human is apparent exclusively in the median while the relevance of middle income in moderating economic governance to positively influence inclusive human development is significantly apparent in the 10th and 75th quantiles. Third, regardless of panels, income levels modulate economic governance to affect inclusive human development at a higher magnitude, compared to political governance. Policy implications are discussed in the light of the post-2015 agenda of sustainable development goals and contemporary development paradigms. This study complements the extant sparse literature on the inclusive human development in Africa.

Keywords: Sustainable development; Income levels; Governance; Sub-Saharan Africa

JEL Classification: D31; I10; I32; K40; O55

Suggested Citation

Asongu, Simplice and Nnanna, Joseph, Inclusive Human Development in Sub-Saharan Africa (January 18, 2020). Forthcoming: Journal of Enterprising Communities: People and Places in the Global Economy. DOI: 10.1108/JEC-11-2019-0115, Available at SSRN: https://ssrn.com/abstract=3556416

Simplice Asongu (Contact Author)

University of Johannesburg ( email )

Joseph Nnanna

Development Bank of Nigeria ( email )

Maitama, Abuja
Nigeria

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