International Journal of Political Science and Development
Vol. 12(1), pp. 16 -35. May, 2024.
ISSN: 2360-784X
https://doi.org/10.14662/ijpsd2024040
Full Length Research
The relationship between governance and Economic growth in Sub-Saharan Africa
Egbenchong Brown Agbor
Soongsil University South Korea
Phone number: +821048837767, e-mail address: egbenchong@gmail.com
Accepted 29 April 2024
Abstract |
Numerous research studies have been conducted to explore why some countries have achieved significant economic growth and development, while others, particularly Sub-Saharan African countries, have been left behind. Different answers have been given to explain the reasons for this poor performance. This research paper aims to bridge the gap in the existing literature. This research aims to investigate the link between governance measures and economic growth indicators in 36 Sub-Saharan countries from 2007 to 2021. By using the fixed effect model and the Pool OL, I discovered that the positive but small relationship between governance measures and economic growth suggests that most Sub-Saharan African countries have not performed well in terms of better governance measures that can facilitate growth. However, the result of the robust check that has a negative relationship proves that there is a negative impact between governance and economic growth due to poor and weak governance. Furthermore, the negative impact of unemployment and financial development also indicates that leaders have not been able to improve these economic indicators in the Sub-Saharan African region, which is harmful to growth and development. This study suggests that poor economic performance can be attributed to the failure of political leaders to implement political institution measures responsible for promoting growth.
Keywords: Economic Development, Governance, Economic growth, Sub-Saharan Africa
Cite This Article As: Agbor, E.B (2024). The relationship between governance and Economic growth in Sub-Saharan Africa. Int. J. Polit. Sci. Develop. 12(1):16-35 | |