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Effects of good governance, sustainable development and aid on quality of life: Evidence from sub‐saharan Africa
African Development Review ( IF 3.1 ) Pub Date : 2021-01-22 , DOI: 10.1111/1467-8268.12488
Steve Yaw Sarpong 1 , Murad A. Bein 1
Affiliation  

The paper empirically investigates the effects of governance (GGov), official development assistance (ODA), sustainability [adjusted net savings (ANS)], and macroeconomic variables on the quality of life [human development index (HDI)] for selected sub‐Saharan African (SSA) countries using the most recent data from 2000 to 2017. The study employed different panel techniques. The findings provide insightful and interesting empirical results that resonate with the magnitude of a significant of the role of GGov on ANS and HDI. Our study shows that GGov is important to improve HDI. Additionally, ANS has important implications on the well‐being of human existence in SSA. In addition to these, this study found that macroeconomic variables such as trade openness and economic growth, wealth, and opportunity creation factors like urbanization and electrification rate are essential. Furthermore, empirical results revealed that ODA has a negative and significant association with HDI, which is in line with some of the existing literature. Our findings have several implications for organizations such as the World Bank, International Monetary Fund, and African Development Bank. This study serves as a policy instrument and guides in coordinating SSA on promoting HDI.

中文翻译:

善政,可持续发展和援助对生活质量的影响:撒哈拉以南非洲的证据

本文对撒哈拉以南地区的治理(GGov),官方发展援助(ODA),可持续性[调整后的净储蓄(ANS)]和宏观经济变量对生活质量[人类发展指数(HDI)]的影响进行了调查。非洲(SSA)国家使用2000年至2017年的最新数据。该研究采用了不同的面板技术。这些发现提供了有见地和有趣的经验结果,这些结果与GGov在ANS和HDI上的重要作用的大小有关。我们的研究表明,GGov对于改善HDI很重要。此外,ANS对SSA中人类生存的福祉具有重要意义。除了这些,本研究还发现宏观经济变量,例如贸易开放度和经济增长,财富,诸如城市化和电气化率之类的机会创造因素至关重要。此外,实证结果表明,官方发展援助与人类发展指数之间存在负相关和显着关联,这与一些现有文献是一致的。我们的发现对世界银行,国际货币基金组织和非洲开发银行等组织有一些启示。这项研究是协调SSA促进HDI的一项政策工具和指南。
更新日期:2021-03-25
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