Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/173632
Authors: 
Asongu, Simplice
Year of Publication: 
2017
Series/Report no.: 
AGDI Working Paper WP/17/026
Abstract: 
This study investigates the effect of globalisation on governance in 51 African countries for the period 1996-2011. Four bundled governance indicators and four globalisation (political, economic, social and general) variables are used. The empirical evidence is based on Instrumental Variable Quantile Regressions. The motivation for the estimation technique is that blanket governance-globalisation policies are not likely to succeed unless they are contingent on initial levels of governance and tailored differently across countries with low, intermediate and high levels of governance. The following findings are established. First, globalisation promotes good governance. Second, for the most part, the effect of globalisation is higher in terms of magnitude in the bottom quantiles of the political, institutional and general governance distributions. Third, the impact of globalisation is overwhelmingly higher in terms of magnitude in the top quantiles of the economic governance distribution.
Subjects: 
Africa
Governance
Globalization
JEL: 
F10
F30
I30
O10
O55
Document Type: 
Working Paper

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