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Article
Publication date: 1 October 2006

Anayo Dominic Nkamnebe

This paper seeks to answer the basic question of the fate of Sub‐Sahara Africa's development in the context of the emerging marketing system that is anchored on the globalisation…

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Abstract

Purpose

This paper seeks to answer the basic question of the fate of Sub‐Sahara Africa's development in the context of the emerging marketing system that is anchored on the globalisation orthodoxy.

Design/methodology/approach

The paper draws from literature to argue that the emerging globalised marketing system is an advanced stage of colonisation, neo‐colonisation, and re‐colonisation of Sub‐Sahara Africa by the developed economies.

Findings

Based on this premise, the paper submits that the new system possesses the potentials to impoverish SSA unless innovative marketing and development paradigms that are Afro‐centric are developed, to tactically respond to the challenges posed by the emerging marketing system that favours the rich countries of the world.

Practical implications

The paper proposes some strategic choices open to Sub‐Sahara Africa for adapting to the new order. Only through this means can the region actively and positively participate in this “juggernaut called globalisation”.

Originality/value

In providing a view of the impacts of globalisation on Sub‐Sahara Africa from within the region, this paper offers an alternative to the largely “developed world” academic discourse.

Details

Critical perspectives on international business, vol. 2 no. 4
Type: Research Article
ISSN: 1742-2043

Keywords

Article
Publication date: 28 September 2010

Mobolaji Hakeem I.

The purpose of this paper is to investigate the relevance of three economic growth theories in Sub‐Saharan Africa economies.

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Abstract

Purpose

The purpose of this paper is to investigate the relevance of three economic growth theories in Sub‐Saharan Africa economies.

Design/methodology/approach

This empirical paper employs a panel data framework, using fixed effect, random effects and maximum likelihood estimation techniques. It further conducts some sensitivity analyses.

Findings

The paper finds that both the stock of human capital (HC) and the physical capital are important for growth in the region, the paper does not find strong impact of financial development (FD) in the region, perhaps due to long period of financial repression or financial underdevelopment in the region. It however finds strong complementarity features in interaction of both finance and HC on growth.

Research limitations/implications

The analysis in the paper is confined to banking development indicators, due to inadequate data for capital market indicators as well as underdevelopment of the stock market in the region.

Practical implications

The policy regime since the mid‐1980 s (Structural Adjustment Programme, SAP, era) is to reduce government investment and involvement in economic activities; this paper however suggests that this measure has to be carefully considered especially with due concern for the trade off between short‐run adjustment programmes and long‐run stabilisation policies. The paper advocates for more efficient and effective investment in HC and FD in the region.

Originality/value

It is believed that this is the first time such a study has been carried out, testing the relevance of three growth theories and further testing an interaction of two different theories in a growth model.

Details

Journal of Economic Studies, vol. 37 no. 5
Type: Research Article
ISSN: 0144-3585

Keywords

Article
Publication date: 4 March 2020

Nelson Waweru

The purpose of this paper is to examine the relationship between business ethics practices disclosure and corporate governance characteristics in Sub-Saharan Africa.

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Abstract

Purpose

The purpose of this paper is to examine the relationship between business ethics practices disclosure and corporate governance characteristics in Sub-Saharan Africa.

Design/methodology/approach

The study uses multiple regression to investigate the association between business ethics disclosure (BED) and corporate governance characteristics in SAA. The study sample is based on 573 non-financial corporations listed on the national stock exchanges of Ghana, Kenya, Nigeria, South Africa and Zimbabwe as of 31 December 2015.

Findings

The findings show that corporate governance characteristics (including the proportion of government ownership, board independence and board gender diversity) are positively and significantly related to BED.

Originality/value

The study contributes to the limited literature by analyzing the relationship between BED practices and corporate governance characteristics in the sub-Sahara African context, which is significantly different from the Anglo-Saxon world.

Details

International Journal of Accounting & Information Management, vol. 28 no. 2
Type: Research Article
ISSN: 1834-7649

Keywords

Content available
Book part
Publication date: 8 May 2019

Abstract

Details

African Economic Development
Type: Book
ISBN: 978-1-78743-784-5

Content available
Book part
Publication date: 11 June 2021

Abstract

Details

Enterprise and Economic Development in Africa
Type: Book
ISBN: 978-1-80071-323-9

Article
Publication date: 2 December 2021

Terrence Kairiza, George Kembo, Vengesai Magadzire and Asankha Pallegedara

In the absence of well-developed financial markets, Informal Savings and Loans Associations (ISLAs) provide rural households with an alternative consumption coping mechanisms when…

Abstract

Purpose

In the absence of well-developed financial markets, Informal Savings and Loans Associations (ISLAs) provide rural households with an alternative consumption coping mechanisms when confronted by transitory and seasonal food insecurity. The purpose of this study is to investigate the household food consumption coping strategies and gendered importance of ISLAs in improving household food security in rural Zimbabwe.

Design/methodology/approach

This study uses household panel data on rural livelihoods from the 2019 and 2020 household surveys conducted by the Zimbabwe Vulnerability Assessment Committee (ZimVAC). Employing propensity score matching approach to cater for the self-selection bias associated with household ISLA membership, the study estimates average treatment effect of household ISLA membership on food security and gendered importance of the propensity of the household to engage in consumption coping strategies.

Findings

Results shows that the ISLA membership increases household food security and reduces the household propensity to apply non-ISLA consumption coping mechanisms. Female-headed households with ISLA members are more able to increase food security as well as reduce reliance on non-ISLA consumption coping mechanisms than their male counterparts with ISLA members.

Research limitations/implications

Use of household dietary diversity score and food consumption score as two proxies to measure household food security.

Originality/value

This study contributes to the literature on food consumption coping strategies in Sub-Saharan Africa using recent household panel data.

Details

Journal of Agribusiness in Developing and Emerging Economies, vol. 13 no. 2
Type: Research Article
ISSN: 2044-0839

Keywords

Open Access
Article
Publication date: 16 December 2022

Banna Banik, Chandan Kumar Roy and Rabiul Hossain

This study aims to investigate the consequence of the quality of governance (QoG) in moderating the effect of healthcare spending on human development.

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Abstract

Purpose

This study aims to investigate the consequence of the quality of governance (QoG) in moderating the effect of healthcare spending on human development.

Design/methodology/approach

The authors employ a two-step Windmeijer finite sample-corrected system-generalized method of moments (sys-GMM) estimation technique on a panel dataset of 161 countries from 2005 to 2019. The authors use healthcare expenditure as the main explanatory variable and the Human Development Index (HDI) as the dependent variable and also consider voice and accountability (VnA), political stability and absence of terrorism (PSnAT), governance effectiveness (GoE), regulatory quality (ReQ), rules of law (RLaw) and control of corruption (CoC) dimensions of governance indicators as proxies of good governance. The authors develop a new measure of good governance from these six dimensions of governance using principal component analysis (PCA).

Findings

The authors empirically revealed that allocating more healthcare support alone is insufficient to improve human development. Individually, PSnAT has the highest net positive effect on health expenditure that helps to increase human welfare. Further, the corresponding interaction effect between expenditure and the Good Governance Index (GGI) is negative but insignificant for low-income countries (LICs); negative and statistically significant for sub-Saharan African (SSA) economies and positive but insignificant for South Asian nations.

Originality/value

This study is an in-depth analysis of how governance impacts the effectiveness of healthcare expenditure to ensure higher human development, particularly in a large panel of 161 countries. The authors have developed a new index of good governance and later extended the analysis by separating countries based on the income level and geographical location, which are utterly absent in existing literature.

Article
Publication date: 11 September 2017

Ruth Dede Adikorley, Kristin Thoney-Barletta, Jeff Joines and Lori Rothenberg

The purpose of this study is to examine why Sub-Saharan Africa (SSA) is not currently a major player in producing apparel for the US market and determine if SSA is likely to…

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Abstract

Purpose

The purpose of this study is to examine why Sub-Saharan Africa (SSA) is not currently a major player in producing apparel for the US market and determine if SSA is likely to become one because of several opportunities that the region offers, including relatively low labor wages, an ample labor force and duty-free access to the USA through the 10-year renewal of AGOA.

Design/methodology/approach

In-depth interviews were conducted with eight high-level executives in apparel sourcing and trade agencies to obtain their views on the opportunities and challenges of sourcing in SSA in relation to other major apparel sourcing regions. A descriptive analysis of the qualitative data was used to answer three research questions.

Findings

The findings reveal that SSA is a competitive region to source from, because of low labor wages and the duty-free benefits through AGOA. However, several challenges hinder a significant increase in sourcing from SSA. The executives recommended that for SSA to be a significant force in the global apparel market, vertical supply chains should be developed, where raw materials like fabric are sourced from within the country/region and SSA governments should become more involved in business environment improvements.

Originality/value

At present, there is limited academic literature on sourcing and supplier selection in Africa, particularly in textile and apparel sourcing in SSA. Based on interviews from high-level executives engaged in the sourcing decision-making process, this study reveals the benefits, challenges and opportunities for sourcing apparel from SSA countries.

Details

Research Journal of Textile and Apparel, vol. 21 no. 3
Type: Research Article
ISSN: 1560-6074

Keywords

Article
Publication date: 17 July 2023

Victoria Abena Nutassey, Bomi Cyril Nomlala and Mabutho Sibanda

This study assessed the role of political institutions in the relationship between economic institutions and public debt in Sub-Saharan Africa.

Abstract

Purpose

This study assessed the role of political institutions in the relationship between economic institutions and public debt in Sub-Saharan Africa.

Design/methodology/approach

Based on data availability, the study was done for 40 Sub-Saharan African countries from 2010 to 2019 employing generalized method of moment.

Findings

The authors documented a negative and significant relationship between economic institutions and public debt as well as a negative and significant effect of political institutions on public debt in SSA. Also, the study recorded that political institutions play a negative and significant role in the economic institutions-public debt nexus in Sub-Saharan Africa. However, a threshold of 3.691 is given when it comes to the role of political institutions in the association between government spending and public debt nexus in SSA.

Research limitations/implications

The authors failed to take certain indicators of economic institutions, such as freedom to trade internationally, the size of government and legal system and property into consideration.

Practical implications

The authors suggest that democracy is necessary for boosting economic institutions-induced public debt reduction in SSA.

Originality/value

The novelty of this study is evident in two ways: first, the authors assessed the relationship between economic institutions and public debt in SSA using novel measures such as government integrity, tax burden and government spending from the Heritage Foundation instead of traditional institution measures from World Governance Indicators used by earlier studies. The authors further contribute to literature by being the first to consider the foundational role of political institutions in employing economic institutions to fight high public debt in SSA. Again, the authors included the threshold at which political institutions can cause economic institutions to have a desired impact on public debt in SSA.

Details

International Journal of Emerging Markets, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1746-8809

Keywords

Article
Publication date: 17 May 2021

Stanley Emife Nwani

The purpose of this study is to examine the interactive role of human capital development (HCD) in foreign aid-growth relations in South Asia and sub-Saharan Africa countries from…

Abstract

Purpose

The purpose of this study is to examine the interactive role of human capital development (HCD) in foreign aid-growth relations in South Asia and sub-Saharan Africa countries from 1985–2019.

Design/methodology/approach

The study used panel data that cut across all countries in South Asia and sub-Saharan Africa collected from The World Bank’s Development Indicators. The data were analysed using Bai and Ng panel unit root idiosyncratic cross-sectional tests and the system generalised method of moments (SGMM).

Findings

The study found that foreign aid and HCD have negative impacts on economic growth. Fortunately, the interaction of human capital with foreign aid reduces the extent to which foreign aid impedes economic growth. The presumption is that South Asia and sub-Saharan Africa economies had not reaped the potential growth effect of foreign aid inflows due to high illiteracy rates and weak social capacities. The peculiarity of these regions hinders the absorptive capacity to transform positive externality associated with foreign aid into sizeable economic prosperity.

Practical implications

It is imperative for South Asia and sub-Saharan Africa countries to not depend on foreign aid; instead, the strategic action by policymakers should be to developing sustainable social capacities with HCD as the centre-piece.

Originality/value

The highpoint of this study is its inter-regional approach and the interplay between human capital and foreign aid using the second generation panel unit root estimator and the SGMM approaches.

Details

International Journal of Development Issues, vol. 20 no. 2
Type: Research Article
ISSN: 1446-8956

Keywords

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