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DOES GLOBALIZATION PROMOTE GOOD GOVERNANCE IN AFRICA? An Empirical Study across 51 Countries

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  • Simplice A. Asongu

Abstract

This study investigates the effect of globalization on governance in 51 African countries for the period 1996–2011. Four bundled governance indicators and four globalization (political, economic, social, and general) variables are used. The empirical evidence is based on instrumental variable quantile regressions. The motivation for using this estimation technique is that blanket governance–globalization 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 presented. First, globalization does, in fact, appear to promote good governance. Second, for the most part, the effect of globalization is higher in terms of magnitude in the bottom quantiles of the political, institutional, and general governance distributions. Third, the impact of globalization is overwhelmingly higher in terms of magnitude in the top quantiles of the economic governance distribution. Este estudio analiza los efectos de la globalización en la gobernanza de 51 países Africanos durante el periodo de 1996–2011. Se utilizan cuatro indicadores de gobernabilidad agrupados y cuatro variables de globalización (política, económica, social, y general). La evidencia empírica se basa en regresiones de cuantiles de variables instrumentales. La motivación para la técnica de estimación es que las políticas generales de gobernanza y globalización probablemente no tendrán éxito a menos que se basen en niveles iniciales de gobernabilidad y adaptadas de manera diferente en países con niveles bajos, intermedio y altos de gobernabilidad. Se establecen las siguientes conclusiones. En primer lugar, la globalización promueve buena gobernanza. En segundo lugar, en su mayor parte, el efecto de la globalización es mayor en términos de magnitud en los cuantiles inferiores de las distribuciones políticas, institucionales y de gobierno general. En tercer lugar, el impacto de la globalización es significativamente más alto en términos de magnitud en los quántiles superiores de la distribución de la gobernanza económica. 本研究调查了1996–2011年期间全球化对51个非洲国家治理的影响。使用了四项捆绑式治理指标(bundled governance, indicators)和四个全球化变量(政治、经济、社会和一般变量)。本文的经验证据 (empirical evidence)基于工具变量分位数回归(instrumental variable quantile regressions)。使用该估计方法的动机在于,全面的治理–全球化(governance–globalisation)政策除非受最初的治理程度影响,同时会因不同国家而实行不同程度的治理,否则很难取得成功。本文得出了以下发现:第一,全球化能推进善治(good governance)。第二,大部分全球化效果的强度在政治、制度和一般治理分布的最低分位数(bottom quantiles)上较为显著。第三,全球化效果的强度在经济治理分布的最高分位数上极其显著。

Suggested Citation

  • Simplice A. Asongu, 2017. "DOES GLOBALIZATION PROMOTE GOOD GOVERNANCE IN AFRICA? An Empirical Study across 51 Countries," World Affairs, John Wiley & Sons, vol. 180(2), pages 105-141, June.
  • Handle: RePEc:wly:woraff:v:180:y:2017:i:2:p:105-141
    DOI: 10.1177/0043820017723516
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    2. Salma Karim & Md. Qamruzzaman & Ishrat Jahan, 2023. "Nexus between Government Debt, Globalization, FDI, Renewable Energy, and Institutional Quality in Bangladesh," International Journal of Energy Economics and Policy, Econjournals, vol. 13(3), pages 443-456, May.

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    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F30 - International Economics - - International Finance - - - General
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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