This study examines the effect of access to clean fuel and technology on health outcomes, drawing a comparison between Africa and Asia over the period 2000–2021. Using Generalised Least Squares, our findings revealed that access to clean fuel and technology improves health outcomes in both regions, suggesting that having access to clean fuel and technology is indispensable to improving health outcomes in Africa and Asia. Thus, governments in the two regions should prioritise and invest in technology that provides access to clean energy.

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Authors: Isiaka Raifu Akande and Nantap Rejoice Ditep

A viable economy's hallmark is its ability to generate positive growth rates and its capacity to sustain such growth, especially during a crisis. Economic crises have the potential to induce uncertainty, reverse pre-crisis economic gains and force preexisting challenges to reemerge, necessitating actions on building economic resilience. Given the fragility of most countries in Sub-Saharan Africa (SSA), the current paper evaluates the role of institutional quality (INSQ) and human capital development in boosting economic resilience in SSA. The sampled countries were classified into fragile and resilient countries. Annual data spanning 2000–2021 was obtained and analyzed using the Bias-Corrected Method of Moments (BCMM) estimation method, which can adequately account for cross-sectional dependence, endogeneity, and heterogeneity in the sample.

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Authors: Joshua Adeyemi Afolabi, Isiaka Akande Raifu

With the widening saving-investment gap and the limited domestic financial resources to drive development imperatives in Sub-Saharan Africa (SSA), foreign direct investment (FDI) is considered a viable and sustainably promising option for boosting employment generation and closing gender gaps in employment. This paper provides critical insights into the gender and age-based employment effect of FDI in SSA and the role of institutional quality in shaping the relationship. The two-step generalized method of moments modelling framework was adopted to analyse relevant data of 29 SSA countries over the 2000-2021 period. The results revealed that FDI has a significant employment-enhancing effect irrespective of gender and age considerations. We also find that institutional quality amplifies this effect. Efforts should, therefore, be concentrated on improving institutional quality, the success of which will appeal to foreign investors and attract more foreign investments.

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AUTHORS:Isiaka Akande Raifu, Joshua Adeyemi Afolabi, Abdulkhalid Anda Salihu

Abstract 

Purpose – This study explored how institutional quality influences the relationship between military spending and education in Africa. 

Design/methodology/approach – This study used data from 43 African countries spanning the years 2000–2021. Two estimation methods were employed to address various issues: Fixed Effects with DriscollKraay standard errors and the Two-Step System Generalised Method of Moments. The Fixed Effects with Driscoll-Kraay standard error method was used to obtain reliable standard errors and inferences from the estimated coefficients of the fixed effects model. Meanwhile, the problem of endogeneity between military spending and education was addressed using the Two-Step System Generalized Method of Moments (GMM). 

Findings – The results indicated that military spending negatively impacts both the quality and quantity of education. However, both institutional quality and the interaction term (institutional quality*military spending) have positive effects on both measures of education, suggesting that better institutional quality mitigates the negative effect of military spending on education outcomes. 

Practical implications – This study shows that institutional quality dampens the negative effect of military spending on education, especially the quality of education. Hence, African countries should prioritize strengthening their institutions to ensure optimal allocation and utilization of government funds for the benefit of their citizens

READ MORE  - https://www.emerald.com/insight/content/doi/10.1108/jbsed-10-2023-0081/full/html

AUTHORS: Isiaka Akande Raifu, Damian Chidozie Uzoma-Nwosu and Alarudeen Aminu

This study revisited the tourism-led growth hypothesis (TLGH) in the presence of structural breaks using the structural break technique of Ditzen et al. (2021). To estimate the impact of tourism on economic growth along the identified structural breaks, we employed Fixed Effects and Feasible Generalised Least Squares methods. Findings showed four structural break dates (1999, 2004, 2009 and 2014), two of which coincided with the Global Financial Crisis (2008-2009) and the Ebola outbreak (2014). Despite the presence of structural breaks, the TLGH remains valid.

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Author- Isiaka Raifu Akande