Inclusive Education for Inclusive Economic Participation: The Financial Access Channel

Forthcoming, Gender in Management: an International Journal. DOI: 10.1108/GM-08-2019-0146.

31 Pages Posted: 5 May 2020

See all articles by Simplice Asongu

Simplice Asongu

African Governance and Development Institute

Joseph Nnanna

Development Bank of Nigeria

Paul N. Acha-Anyi

Walter Sisulu University; Walter Sisulu University - School of Law

Date Written: April 8, 2020

Abstract

Purpose – The study assesses how inclusive education affects inclusive economic participation through the financial access channel.

Design/methodology/approach – The focus is on 42 sub-Saharan African countries with data for the period 2004-2014. The empirical evidence is based on the Generalised Method of Moments.

Findings – The following findings are established. First, inclusive secondary education moderates financial access to exert a positive net effect on female labour force participation. Second, inclusive “primary and secondary school education” and inclusive tertiary education modulate financial access for a negative net effect on female unemployment. Third, inclusive secondary education and inclusive tertiary education both moderate financial access for an overall positive net effect on female employment. In order to provide more gender macroeconomic management policy options, inclusive education thresholds for complementary policies are provided and discussed.

Originality/value – Policy implications are discussed in the light of challenges of economic development in the sub-region and Sustainable Development Goals.

Keywords: Africa; Gender; Inclusive development

JEL Classification: G20; I10; I32; O40; O55

Suggested Citation

Asongu, Simplice and Nnanna, Joseph and Acha-Anyi, Paul N., Inclusive Education for Inclusive Economic Participation: The Financial Access Channel (April 8, 2020). Forthcoming, Gender in Management: an International Journal. DOI: 10.1108/GM-08-2019-0146. , Available at SSRN: https://ssrn.com/abstract=3571728 or http://dx.doi.org/10.2139/ssrn.3571728

Simplice Asongu (Contact Author)

African Governance and Development Institute ( email )

P.O. Box 8413
Yaoundé, 8413
Cameroon

Joseph Nnanna

Development Bank of Nigeria ( email )

Maitama, Abuja
Nigeria

Paul N. Acha-Anyi

Walter Sisulu University ( email )

Department of Tourism
College Street Campus
East London, Eastern Cape
South Africa

Walter Sisulu University - School of Law ( email )

Nelson Mandela Drive
Mthatha, Eastern Cape 5099
South Africa

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