Browsing by Author "Afolabi O. Elizabeth"

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    Institutional quality and inclusive growth in sub Saharan Africa
    (Redeemer's University Journal of Management and Social Sciences, 2024-07-19) Afolabi O. Elizabeth
    The rationale for inclusive growth has become more prominent in recent years, mostly as a result of policy discussions in emerging economies. Economic growth needs to be as inclusive as possible so that everyone in the society can enjoy the benefit of inclusive growth. This is due to the fact that focusing just on economic growth is insufficient, and it is necessary to ensure that everyone benefit from the nation's growing . The specific objective was to examine the impact of institutional quality on inclusive growth in sub-Saharan Africa. Panel data from 1996 to 2021 for 29 sub-Saharan African nations was utilised to achieve the objective. The impact of institutional quality on inclusive growth was analysed through Panel Autoregressive Distributed Lag (PARDL) which revealed that institutional quality has a positive influence on inclusive growth in the long run. Based on the findings of this study, authorities in sub-Saharan Africa should focus on strengthening institutions and governance frameworks to create an enabling environment for trade and economic activities. Keywords: Institutional quality, Inclusive growth, sub-Saharan Africa