Socio-economic inclusion and sustainable economic growth: Empirical analysis of Nigeria and South Africa

Ogunniyi, Olajumoke R.; Okunlola, Funso Abiodun; Alatise, Michael A.; Aregbeshola, Rafiu Adewale

doi:10.1080/23322039.2022.2163077

Cited by 3 publications

(4 citation statements)

References 32 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Summarily, a comparative study of advanced economies and emerging China indicates that governments took deliberate action in financing the foundation-education, health, food, housing, and energy-that ultimately yielded the desired indicators as we have it today [6,7]. For instance, America, China, and many other European countries have consistently maintained double-digit funding of basics (foundation).…”

Section: Africa Development Finance Outlookmentioning

confidence: 99%

“…For instance, America, China, and many other European countries have consistently maintained double-digit funding of basics (foundation). In Africa, fewer countries have this record, and not for that length of time [6].…”

Section: Africa Development Finance Outlookmentioning

confidence: 99%

“…The continent of Africa has often been referred to as the world's gold mine. Given her abundance of oil-crude oil, petroleum, natural gas, and petroleum products, metals and minerals-iron, ore, phosphates, aluminum, and uranium, precious metals and minerals-gold, diamonds, and platinum, wood products-timber, fisheries, agriculture, and natural reserves, the continent's abundant financial resources cannot be overemphasized [1][2][3][4][5][6]. Despite the abundance, several studies still claim that the continent remains among the poorest globally and that her development and advancement remain elusive [4,5,7].…”

Section: Introductionmentioning

confidence: 99%

“…How much of her capital is human development driven? Evidently, these questions and more are summed up in [4][5][6], which asked, "why is Africa poor?" This is despite the continent supplying a composite of approximately 87 percent of natural mineral resources, including agriculture, to the rest of the world.…”

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

Re-Engineering Financial Resources through Development Finance in Africa: A Review of the Literature

Okunlola,

Aregbeshola

2023

Sustainability

Self Cite

View full text Add to dashboard Cite

Most studies erroneously conclude that financial engineering occurs only within the purview of private institutions. This study defies this claim and affirms an equal public prerogative. It proceeds to innovate a financial re-engineering (F-Re) axiom expressed by the foundational, fundamental, and finance pillars (FFFps). This is encapsulated in a quadrant (Q), with which it is believed Africa’s accelerated development can be harnessed. Exploratorily, in addition to the visual and matching path analyses, this study provides a clear path in Q1–4, showing how Africa should re-engineer citizens’ priorities using deliberate development finance principal strategies going forward.

show abstract

Section: Africa Development Finance Outlookmentioning

confidence: 99%

Section: Africa Development Finance Outlookmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Re-Engineering Financial Resources through Development Finance in Africa: A Review of the Literature

Okunlola,

Aregbeshola

2023

Sustainability

Self Cite

View full text Add to dashboard Cite

show abstract

Does financial inclusion promote financial stability? Evidence from Africa

Koudalo,

Toure

2023

Cogent Economics & Finance

View full text Add to dashboard Cite

Factors Influencing Participation in County Budget Making Process and Economic Empowerment among The Youth in West Pokot County, Kenya

Wachelon,

Indeche

2024

ijsshr

View full text Add to dashboard Cite

The study aimed to explore the factors influencing youth participation in the county budget-making process and its impact on economic empowerment in West Pokot County, Kenya. It identified a significant gap in understanding how participatory budgeting linked to budget implementation affected youth involvement, despite its legislative support. The research noted low participation rates, indicating a symbolic rather than a substantive engagement in the process. To address these gaps, the study focused on several key objectives: examining the effects of access to information, assessing the knowledge and skills of youth regarding budget participation, exploring their attitudes toward the process, and evaluating the impact of meeting locations on participation. Conducted between January and March 2023, the study employed a descriptive research design, targeting a sample of 120 youths aged 18-35 from four constituencies in West Pokot County. Through purposive sampling, data were collected using questionnaires that incorporated both closed and open-ended questions. The research found that access to information significantly influenced youth participation. Many respondents indicated that while some information was available, it was often inadequate or poorly communicated. Additionally, the study revealed that knowledge and skills directly impacted the youth’s confidence and ability to engage in the budgeting process. Attitudes towards participation were mixed, with some youths believing their involvement could lead to better economic outcomes, while others expressed skepticism about the value of their contributions. Furthermore, the study examined the location of budget meetings, determining that accessibility played a crucial role in youth attendance. When meetings were held closer to their residences, participation rates increased. The results suggested that improving access to information, enhancing training programs, fostering positive attitudes, and strategically selecting meeting locations could collectively empower youth economically. Overall, the findings underscored the need for targeted strategies to improve participatory budgeting and economic outcomes for youths in West Pokot County.

show abstract

Socio-economic inclusion and sustainable economic growth: Empirical analysis of Nigeria and South Africa

Cited by 3 publications

References 32 publications

Re-Engineering Financial Resources through Development Finance in Africa: A Review of the Literature

Re-Engineering Financial Resources through Development Finance in Africa: A Review of the Literature

Does financial inclusion promote financial stability? Evidence from Africa

Factors Influencing Participation in County Budget Making Process and Economic Empowerment among The Youth in West Pokot County, Kenya

Contact Info

Product

Resources

About