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Inequality, finance and pro-poor investment in Africa

Asongu, Simplice A.; Tchamyou, Vanessa S. - 2015

This study complements existing literature by investigating how investment-driven finance affects inequality in Africa … development for the post-2015 sustainable development agenda. Notably, in the current transition from Millennium Development Goals …

Persistent link: https://www.econbiz.de/10011417474

Rational asymmetric development, Piketty and poverty in Africa

Asongu, Simplice; Nwachukwu, Jacinta C. - 2016

An April 2015 World Bank report on the Millennium Development Goal poverty target has revealed that extreme poverty has … been decreasing in all regions of the world with the exception of Africa. This study extends the implications of Thomas … development increases and Africa may not catch-up with the developed world. As an ideal solution, Piketty has proposed progressive …

Persistent link: https://www.econbiz.de/10011548648

The comparative inclusive human development of globalisation in Africa

Asongu, Simplice; Nwachukwu, Jacinta C. - 2016

This study examines the impact of globalisation on inclusive human development in 51 African countries for the period 1996-2011 with particular emphasis on income levels (low income versus middle income), legal origins (English common law versus French civil law), resource wealth (oil-rich...

Persistent link: https://www.econbiz.de/10011542429

Rational asymmetric development, Piketty and the spirit of poverty in Africa

Asongu, Simplice A. - 2015

The study extends the implications of Piketty's celebrated literature from developed countries to the nexus between developed nations and African countries by building on responses from Rogoff (2014) & Stiglitz (2014), post Washington Consensus paradigms and underpinnings from Solow-Swan &...

Persistent link: https://www.econbiz.de/10011408865

Middle class in Africa : determinants and consequences

Kodila-Tedika, Oasis; Asongu, Simplice A.; Kayembe, … - 2014

This study complements the inclusive growth literature by examining the determinants and consequences of the middle class in a continent where economic growth has been relatively high. The empirical evidence is based on a sample of 33 African countries for a 2010 cross-sectional study. OLS,...

Persistent link: https://www.econbiz.de/10011409206

New financial development indicators : with a critical contribution to inequality empirics

Asongu, Simplice A. - 2013

The employment of financial development indicators without due consideration to country/regional specific financial development realities remains an issue of substantial policy relevance. Financial depth in the perspective of money supply is not equal to liquid liabilities in every development...

Persistent link: https://www.econbiz.de/10011409823

How do institutions matter in the income-equalizing effect of mobile phone penetration?

Asongu, Simplice A. - 2013

The object of this paper is to complement theoretical 'mobile penetration' literature with empirical evidence in a dual manner: on the one hand, assess the income-redistributive effect of mobile phone penetration and; on the other hand, the instrumentality of good governance in this nexus. Main...

Persistent link: https://www.econbiz.de/10011409942

The impact of mobile phone penetration on African inequality

Asongu, Simplice A. - 2013

Purpose - The aim of this paper is to complement theoretical and qualitative literature with empirical evidence on the income-redistributive effect of mobile phone penetration in 52 African countries. Design/methodology/approach - Robust Ordinary Least Squares and Two Stage Least Squares...

Persistent link: https://www.econbiz.de/10011409960

Inequality, poverty and quality of institutions : which freedom channels of globalization matter for Africa?

Asongu, Simplice A. - 2013

Are formal institutions instrumental in the effect globalization mechanisms have on the human face? If so, through which freedoms channels are poverty and inequality mitigated? With the instrumentality of formal institutions: (1) de jure financial liberalization (KAOPEN) has a positive...

Persistent link: https://www.econbiz.de/10011409995

How do financial reforms affect inequality through financial sector competition? : evidence from Africa

Asongu, Simplice A. - 2013

In the first empirical study on how financial reforms have been instrumental in mitigating inequality through financial sector competition, we contribute at the same time to the macroeconomic literature on measuring financial development and respond to the growing field of economic development...

Persistent link: https://www.econbiz.de/10011410012