Agricultural trade, foreign direct investment and inclusive growth in developing countries: evidence from West Africa

Osabohien, Romanus; Iqbal, Badar Alam; Osabuohien, Evans; Khan, Muhammad Kaleem; Nguyen, Dong

doi:10.1080/19186444.2021.1936986

Cited by 21 publications

(16 citation statements)

References 19 publications

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“…increase in the growth rate of FDI inflows can be seen in developing countries [12,13], as economic growth alone may not be enough to fight hunger and undernourishment, especially in the context of global commodity prices, growth, and trade and climate changes. Investment in the agriculture sector can have a positive impact on reducing hunger and poverty [1,14,15], as an increase in the foreign development investment inflows can decrease the variability in per capita food supply [16].…”

Section: Plos Onementioning

confidence: 99%

Does China Pakistan Economic Corridor become an avenue to achieve sustainable development goal no. 2 (food security) in Pakistan: Under the condition of COVID-19?

et al. 2023

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The post Covid-19 era steer towards stakeholder thinking, which demands to look for sustainable solutions in terms of other epidemics and food security is one of the most notable for the developing world. In South Asia, China Pakistan Economic Corridor could be an avenue for multi-layered socio-economic assistance where Pakistan can seek solution for one epidemic (food security) while engaged with the effects of pandemic through studying all the stakeholders. This could be a roadmap for the west-east or developed-underdeveloped countries reliance on one another for food security through economic corridor alike settings. Academically, it has been projected by the plethora of research that holistically and inclusively, stakeholder analysis is lacking in the available reservoir of research. Methodologically, the stakeholder analysis was performed in three layers–identification, investigation through social networks, and communication by prioritization matrix. The findings suggested that apart from stakeholders’ differences in regard to interest, influence and knowledge, all of them agreed with the argument that China Pakistan Economic Corridor has enviably and irrefutably positive effects on food security. The policy implications project the need for integrated reports of various ministries to be unidirectional for having synergical effect and taking all the stakeholders into consideration as leaving any group behind will repeat the past results.

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Section: Plos Onementioning

confidence: 99%

Does China Pakistan Economic Corridor become an avenue to achieve sustainable development goal no. 2 (food security) in Pakistan: Under the condition of COVID-19?

et al. 2023

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“…For instance, on EVS, previous studies (see, e.g., Nchofoung & Asongu, 2022;Dauda et al, 2021;Asongu & Odhiambo, 2021b;Yameogo et al, 2021;Afrifa et al, 2020) show that EG and governance matter for environmental performance. Also, on inclusive growth, several studies find that EG and governance affect economic growth, income inequality and poverty (see, e.g., Ofori et al 2022a;Osabohien et al, 2021;Adeleye et al, 2021;Oyinlola & Adedeji, 2019;Dougherty and Akgun, 2018). We build on these earlier contributions by interrogating how EG and governance impact IGG in Africa.…”

Section: Introductionmentioning

confidence: 82%

Economic Globalisation and Inclusive Green Growth in Africa: Contingencies and Policy-Relevant Thresholds of Governance

Ofori

Figari

2022

Preprint

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This study employs macrodata for 23 African countries to examine whether good governance interacts with economic globalisation (EG) to foster inclusive green growth (IGG). First, the study finds that EG hampers IGG in Africa. Second, although unconditionally good governance promotes IGG, only government effectiveness interacts with EG to foster IGG. Across the social and environmental sustainability dimensions of IGG, however, the effects differ substantially. Notably, while the EG-governance pathways yield remarkable environmental sustainability net gains, a modest harmful effect was observed for socioeconomic sustainability. Evidence from our threshold analyses also suggests that while government effectiveness is critical for propelling EG to promote IGG, across the social and environmental perspectives of IGG, it is investments in building frameworks and structures for corruption control and the rule of law that are crucial. Our results shed new light on IGG and have several implications for Agenda 2030 and Agenda 2063.JEL Codes: F18; F4; F6; F63; F64; H1; O55; Q01; Q56

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“…The average FDI of 15 countries in the intra-RCEP period 2013-2019 was 4.896%, with Singapore as the country with the most significant percentage of FDI, which was 24.343%. The increase in FDI in the agricultural sector is enhanced with a focus on flexibility in trade policies (Osabohien et al 2021), paying attention to aspects and conditions of the agricultural sector consisting of : (a) specific features of the agricultural sector, (b) improvement of the national agricultural situation and agrarian structure, (c) market regulation, (d) the role of the state, (e) rural development, (f) level of competitiveness as critical agricultural issues, (g) provision of incentives for FDI in the agricultural sector in the context of improving macroeconomic conditions and the investment climate (Jovovic et al, 2014).…”

Section: Results Of Analysis Of Factors Affecting Imports Of Agricult...mentioning

confidence: 99%

Import of Agricultural Products in the Intra-Regional Comprehensive Economic Partnership (RCEP)

Simanullang¹,

Hakim

Syaukat

et al. 2022

HBT

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The flow of agricultural products through imports has the potential to increase with the geographical conditions of adjacent RCEP countries. Economic and non-economic factors can affect imports of agricultural products. This study aims to analyze the spatial effect and the factors that influence the import of agricultural products in Intra RCEP. This study uses a data period from 2013-2019. The analytical method used in this research is Moran's global index, Local Indicator of Spatial Autocorrelation (LISA), and Geographically Weighted Panel Regression (GWPR). The results show a spatial effect of imports of agricultural products in intra-RCEP. China, Japan, and South Korea are countries that are geographically concentrated in importing agricultural products within the intra-RCEP. The factors that significantly affect the total value of imports of agricultural products are GDP per capita, trade openness, Foreign Direct Investment (FDI), and government effectiveness. The policy recommendations in this study are implementing the RCEP agreement in the long term, open market access, encouraging increased investment in the agricultural sector, and an efficient bureaucracy.

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Agricultural trade, foreign direct investment and inclusive growth in developing countries: evidence from West Africa

Cited by 21 publications

References 19 publications

Does China Pakistan Economic Corridor become an avenue to achieve sustainable development goal no. 2 (food security) in Pakistan: Under the condition of COVID-19?

Does China Pakistan Economic Corridor become an avenue to achieve sustainable development goal no. 2 (food security) in Pakistan: Under the condition of COVID-19?

Economic Globalisation and Inclusive Green Growth in Africa: Contingencies and Policy-Relevant Thresholds of Governance

Import of Agricultural Products in the Intra-Regional Comprehensive Economic Partnership (RCEP)

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