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Inclusive growth in Sub-Saharan Africa: Exploring the interaction between ICT diffusion, and financial development
Telecommunications Policy ( IF 5.9 ) Pub Date : 2022-02-07 , DOI: 10.1016/j.telpol.2022.102315
Isaac K. Ofori 1, 2 , Dennis B. Osei 3 , Imhotep P. Alagidede 3
Affiliation  

Despite the momentous rise in ICT diffusion, and financial development in sub-Saharan Africa (SSA), their plausible joint effect on inclusive growth have not been explored, leaving a lacuna in the literature. This study, therefore, examines the direct and indirect effects of ICT diffusion on inclusive growth in 42 SSA countries over the period 1980–2019. We provide evidence robust to several specifications from the dynamic system GMM to show that: (i) ICT skills, access and usage induce inclusive growth in SSA, and (ii) the effects of ICT skills, access and usage are enhanced in the presence of financial development. These findings remain the same when we focussed on financial institution access. Policy recommendations are provided in line with the region's green growth agenda and striving efforts at improving socioeconomic development.



中文翻译:

撒哈拉以南非洲的包容性增长:探索 ICT 传播与金融发展之间的相互作用

尽管撒哈拉以南非洲 (SSA) 的 ICT 传播和金融发展取得了重大进展,但尚未探讨它们对包容性增长的合理联合影响,从而在文献中留下了空白。因此,本研究考察了 1980 年至 2019 年期间 ICT 传播对 42 个 SSA 国家包容性增长的直接和间接影响。我们为来自动态系统 GMM 的若干规范提供了强有力的证据,以表明:(i) ICT 技能、访问和使用导致 SSA 的包容性增长,以及 (ii) ICT 技能、访问和使用的影响在存在的情况下得到增强金融发展。当我们关注金融机构的准入时,这些发现保持不变。根据该地区的绿色增长议程和努力改善社会经济发展提供政策建议。

更新日期:2022-02-08
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