Interconnections between Governance and Socioeconomic Conditions: Understanding Sub-Saharan African Challenges

Fagbemi, Fisayo; Nzeribe, Geraldine Ejiaka; Osinubi, Tolulope Temilola; Asongu, Simplice A.

doi:10.2139/ssrn.3993798

Cited by 1 publication

(1 citation statement)

References 38 publications

(51 reference statements)

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“…Zeroing in on the incidence of terrorism in the Sahel, Coccia (2018) isolates income inequality, in tandem with high population growth rates, as one of two key determinants, along with what he dubs as “psycho-social risk factors,” that explain the rising incidence of terrorism in the region. Likewise, Fagbemi et al. (2021) confirm that adverse socioeconomic conditions strongly drive political instability/violence.…”

Section: Literature Reviewmentioning

confidence: 67%

Political violence: why conflicts can result from sub-Saharan African socioeconomic conditions

Fagbemi

Fajingbesi²

2022

JBSED

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PurposeThis study investigates the extent to which, and in what ways and capacities, the incidence of adverse economic conditions burdening the masses, on the macro-level, increases the propensity for the generation of political instability/violence.Design/methodology/approachDrawing on data from a cross-section of 25 Sub-Saharan African (SSA) countries for the period 2005–2019, fixed effects (FE) and generalized method of moments (GMM) estimations are used to determine the nature and significance of the independent variable (economic condition), complemented by three control variables, on the dependent WGI-defined variable political stability scored on the basis of a continuum from −2.5 (most unstable) to +2.5 (most stable). For the link between political instability and socioeconomic conditions, the study employs a construct derived from frustration-aggression and relative deprivation theory.FindingsThe study links socioeconomic adversity to political instability in the context of SSA. In addition, larger populated countries exhibit a greater propensity to political instability than smaller populated countries. In contrast, foreign direct investment (FDI) appears to have no real effect, positive or negative, on political stability.Practical implicationsPoor living conditions seem to be strongly associated with a high risk of political violence in SSA. To buoy socioeconomic status, poverty alleviation needs be elevated into a key initiative in the decision-making agenda, at all levels of governance, with real targeted strides achieved in terms of enhancement of the standard of living of the masses. In addition, policies that control population need to be inaugurated hand-in-hand with welfare measures and a more equitable balancing of the distribution of resources in the society.Originality/valueGiven the high regional incidence of civil strife and violence, combined with a dearth of research of an empirical nature on political risk in SSA, this study provides a largely ignored and useful context on SSA apart from studies on the incidence of violence that consider the developing countries as a monolithic whole.

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Section: Literature Reviewmentioning

confidence: 67%