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The use of Gross Domestic Product (GDP) per capita as a measure of economic growth has been recently subject to wide criticism by many economists. It has been observed that although some countries have experienced economic growth in recent years, income inequality and poverty continue to be exacerbated. Recently, sustainable development goal 8 has been geared to promote inclusive growth. Considering this fact, this study expands the literature by examining the relationship between tourism development and inclusive growth for a panel of 44 African countries over the period 2000–2020. Further, the study also adds to the literature by examining the moderation of governance quality on the tourism‐inclusive growth nexus. The investigation is made using the generalized method of moments as an estimation technique. The result indicates that tourism and governance quality appear to promote inclusive growth. Moreover, the results indicate that good quality of institutions or governance could complement tourism development to promote inclusive growth, as positive synergies are apparent from the role of governance in moderating the incidence of tourism on inclusive growth. Policy implications are discussed. [ABSTRACT FROM AUTHOR]

The paper aims to investigate the legitimacy of the African Union by examining the socio‐demographic determinants of citizens' support of African integration. To do this, we use Rounds 4, 5, 6, and 8 of the Afrobarometer survey data corresponding to more than 110,000 respondents. Using logistics regressions, we find that individual characteristics such as living area, education, employment status, political membership, freedom, living conditions, and Living Poverty Index (LPI) are significantly related to the probability of supporting African integration. The findings are largely robust to dynamics of regional integration, the African Union, and Regional Economic Communities (RECs). Thus, since African citizens' trust in the unification could be considered a condition of legitimacy in the process, our results suggest that more efforts should be made to gain credibility, especially as it pertains to the benefits of African integration. [ABSTRACT FROM AUTHOR]

The purpose of this study is to assess how some governance dynamics, such as political stability and the rule of law, moderate the incidence of some macroeconomic factors (i.e., domestic investment and trade openness) on tourism development. The focus of this study is on 47 countries in sub‐Saharan Africa with data from 2002 to 2018, and the Generalized Method of Moments is employed as the empirical strategy. From the findings, synergy effects are apparent in the role of the rule of law in moderating domestic investment for tourism development in terms of tourism receipts. It follows that, for the sampled countries, promoting tourism development can be most effective if policies for enhancing domestic investment and promoting the rule of law are implemented simultaneously. [ABSTRACT FROM AUTHOR]

In this study, nexuses between governance and trade performance in terms of natural resource rents are assessed in 44 Sub‐Saharan African countries. The empirical evidence is based on Tobit regressions. The findings show that political governance (entailing "voice and accountability" and political stability) and institutional governance (consisting of the rule of law and corruption control) have a negative effect on trade performance. The findings are consistent with the perspective that resource rents are linked to inefficiencies in governance which are further detrimental to trade performance within the remit of natural resource rents on the one hand and, on the other, the premise of the prevailing weak institutions in the region less likely to boost trade performance. [ABSTRACT FROM AUTHOR]

Motivated by the difficulty of ensuring gender equality and the chaotic state of democracy, we analyze the effects of gender political inclusion and democracy on environmental policy performance. The study uses a panel of 45 African countries over the period 2012–2018 and employs the method of moments by quantile regression. The results show that gender political inclusion and democracy positively affect environmental performance in all quantiles. These positive effects tend to be stronger at higher quantiles. The magnitude is larger for gender political inclusion. When performance is decomposed into the sub‐indices of environmental health and ecosystem vitality, positive effects of gender political inclusion and democracy are observed in all quantiles. The effects are larger for the gender dimension than for the democracy dimension, regardless of the sub‐index used. Related Articles: Bingham, Natasha. 2016. "Fighting for Our Cause: The Impact of Women's NGOs on Gender Policy Adoption in Four Former Soviet Republics." Politics & Policy 44(2): 294–318. https://doi.org/10.1111/polp.12155. Hankivsky, Olena. 2013. "Gender Mainstreaming: A Five‐Country Examination." Politics & Policy 41(5): 629–55. https://doi.org/10.1111/polp.12037. Nchofoung, Tii, Simplice Asongu, Vanessa Tchamyou, and Ofeh Edoh. 2022. "Gender, Political Inclusion, and Democracy in Africa: Some Empirical Evidence." Politics & Policy 51(1): 137–155. https://doi.org/10.1111/polp.12505. [ABSTRACT FROM AUTHOR]

Corruption remains a major challenge to sustainable economic growth, good governance, peace, and stability in both developed and developing countries. However, in developing countries, and particularly in Africa, hunger is another big challenge to inclusive economic development. To date, no empirical study has examined the effects of different types of corruption on hunger. Using three types of corruption (executive, legislative, and judicial corruption dynamics) and a panel of 45 African countries, this study contributes to the literature on the effects of corruption by examining, as a first attempt, the impact of types of corruption on hunger. We address the weak time-variance of our main regressors by using the most recent sequential linear panel dynamic estimator. The results show that countries with higher levels of executive, legislative, and judicial corruption are associated with a higher level of hunger. Moreover, the results show that executive corruption is the most disastrous for hunger in Africa, followed by legislative corruption. Our results remain valid even after using alternative measures of the key variables (hunger and corruption) and after controlling for the dynamic endogeneity using the generalized method of moments. Further analysis provides strong evidence that the political distribution of power across social groups mitigates the effect of corruption on hunger. [ABSTRACT FROM AUTHOR]

This study evaluates the economic impact of severe natural disasters in Africa using the generalised synthetic control method. In other words, it assesses how gross domestic product (GDP) would have been affected, had severe natural disasters not occurred. Moreover, it explores the determinants of the destructiveness of the impact of natural disasters, focusing on the role played by capital. We find that severe natural disasters induce a significant and continuous reduction of GDP many years after the event. Indeed, economic losses caused by disasters depend on the level of capital (human capital, employment and capital stock) and aspects of governance quality (political stability and absence of violence). In other words, negative synergies are apparent because while capital stock, employment and human capital unconditionally reduce the macroeconomic impact of natural disasters, the corresponding conditional or interactive effects with political stability are also negative. Policy implications are discussed. [ABSTRACT FROM AUTHOR]

The research investigates the relationship between intelligence quotient (IQ) and environmental degradation, aiming to understand how cognitive abilities influence environmental outcomes across different nations and time periods. The objective is to examine the impact of intelligence quotient (IQ) on environmental indicators such as carbon emissions, ecological demand, and the Environmental Kuznets Curve (EKC), seeking insights to inform environmental policy and stewardship. The study utilizes statistical techniques including Ordinary Least Squares (OLS), Two Stage Least Squares (2SLS), and Iteratively Weighted Least Squares (IWLS) to analyze data from 147 nations over the years 2000–2017. These methods are applied to explore the relationship between IQ and environmental metrics while considering other relevant variables. The findings reveal unexpected positive associations between human intelligence quotient and carbon emissions, as well as ecological demand, challenging conventional notions of "delay discounting." Additionally, variations in the Environmental Kuznets Curve (EKC) hypothesis are identified across different pollutants, highlighting the roles of governance and international commitments in mitigating emissions. The study concludes by advocating for the adoption of a "delay discounting culture" to address environmental challenges effectively. It underscores the complex interactions between intelligence, governance, and population dynamics in shaping environmental outcomes, emphasizing the need for targeted policies to achieve sustainability objectives. • The study examines how intelligence quotient (IQ) relates to environmental outcomes globally. • It employs OLS, 2SLS, and IWLS to analyze 147 nations' data from 2000 to 2017. • The finding shows unexpected positive links between IQ and carbon emissions, challenging traditional assumptions. • The study also Identifies EKC variations by pollutant, emphasizing governance and international commitments in emission reduction. • The policy implications suggest an adoption of a "delay discounting culture" for effective environmental policy, stressing intelligence and governance interactions in sustainability. [ABSTRACT FROM AUTHOR]

In the context of sustainable development, this study investigates the intricate dynamics among good governance, renewable energy investment, and green finance in BRICS nations. The aim of the study is to assess how green finance and governance effectiveness moderate the impact of renewable energy investment on CO 2 emissions. Utilizing the Cross-Sectional Autoregressive Distributed Lag (CS-ARDL) model, a meticulous analysis spanning two decades was conducted to unravel the relationships among key variables and CO 2 emissions. The findings underscore a nuanced interplay where renewable energy investments, synergized with robust governance and strategic green finance, significantly mitigate CO 2 emissions, contributing to sustainable economic development. However, the study reveals non-linear relationships, highlighting the necessity for optimal allocation and strategic planning to maximize environmental benefits. In the short-run, a government effectiveness policy threshold that should be attained in order for renewable energy investment to reduce CO 2 emissions is provided. In the long-run, the negative responsiveness of CO 2 emissions to renewable energy investment is further consolidated by green finance. Moreover, enhancing renewable energy investment in the long run is positive for environmental sustainability. It follows that policy makers should tailor policies aimed at enhancing renewable energy investment in the long-run as well as complementing renewable energy investment with green finance in the long-run in order to ensure environmental sustainability by means of reducing CO 2 emissions. Policymakers in BRICS nations are urged to strengthen governance structures, promote renewable energy investments, leverage green finance, foster public-private partnerships, adopt a holistic approach, and address non-linear effects to accelerate the transition to a low-carbon economy. • The study investigates linkages among governance, renewable energy investment, and green finance. • The study uses the Cross-Sectional Autoregressive Distributed Lag (CS-ARDL) model. • Renewable energy investments, with robust governance and strategic green finance, mitigate CO 2 emissions. • The study reveals non-linear relationships, highlighting the necessity for optimal allocation and strategic planning. • Policy implications are discussed. [ABSTRACT FROM AUTHOR]

This paper assesses the effects of coups on access to electricity in Sub-Saharan Africa (SSA). The study covers a sample of 40 sub-Saharan African countries over the period 1980–2017. The econometric approach employed is the generalized method of moments (GMM). While the extant literature has established that political instability can have both positive and negative effects on access to basic public goods and services, the present study finds that coups significantly reduce access to electricity in SSA. This effect is the same regardless of the type of coup, notably: successful, failed, military or civilian coups. Thus, coups are not conducive for the establishment of real democratic transitions in the region which inter alia , are necessary to promote development outcomes such as access to electricity. [ABSTRACT FROM AUTHOR]

Recent and ongoing advancements in the field of ICT have led to the introduction of increasingly diversified financial products, and their use is improving people's level of financial knowledge and skills. This article aims at assessing the effect of Fintech on the level of financial literacy of small business' managers in Cameroon. To this end, information was gathered using a questionnaire from 209 small business managers in Cameroon. Descriptive statistics, principal component analysis (PCA), and multiple linear regression are used. Results lead to two main conclusions. On the one hand, unlike knowledge of their existence, the frequency of use of Fintech tools is better able to contribute to improving financial literacy levels overall. On the other hand, specifically, this result is of increased importance when it comes to competence and self-confidence in managing financial affairs. As a result, increasing the utilization of financial technology instruments in companies is imperative for efficiency. [ABSTRACT FROM AUTHOR]