Environmental degradation, ICT and inclusive development in Sub-Saharan Africa

Asongu, Simplice A.; Roux, Sara le; Biekpe, Nicholas

doi:10.1016/j.enpol.2017.09.049

Cited by 282 publications

(124 citation statements)

References 70 publications

(46 reference statements)

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“…The role of ISOs in modulating the effect of financial sector competition on financial access is assessed by means of interactive regressions in which the information sharing offices are policy variables, while the financial sector competition dynamics are factors to be modulated for financial access. This modelling approach is consistent with the recent literature, notably, the role of financial access in modulating the effect of education and lifelong learning on inequality (Tchamyou, ) and the role of information and communication technology (ICT) in modulating the effect of environmental degradation on inclusive development (Asongu, Le Roux, & Biekpe, ).…”

Section: Introductionsupporting

confidence: 88%

Information asymmetry, financialization, and financial access

Asongu

Odhiambo

2018

International Finance

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This study investigates whether information sharing channels that are meant to reduce information asymmetry have led to an increase in financial access. The study employs a Generalized Method of Moments technique using data from 53 African countries during the period from 2004 to 2011 to examine this linkage. Information sharing channels are theoretically designed to promote the formal financial sector and discourage the informal financial sector. The study uses two information sharing channels: private credit bureaus and public credit registries. The study found that both information sharing channels have a positive and significant impact on financial access. The study also found that public credit registries complement the formal financial sector to promote financial access. Policy implications are discussed.

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Section: Introductionsupporting

confidence: 88%

Information asymmetry, financialization, and financial access

Asongu

Odhiambo

2018

International Finance

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“…The need for energy is most apparent in SSA because: only 5% of the population have access to energy in the subregion; the total energy consumed in SSA is about the same as that consumed by a single state such as New York in the United States and the consumption of energy in the subregion is below 17% of the global average (see Shurig, ). (iii) As recently documented by Anyangwe () and Asongu, Le Roux, and Biekpe (), inefficiency has been a dominant characteristic in the management of energy in most African countries. As a case in point, Nigeria, which has the largest population, resorts to petroleum subsidized fossil fuel as a means of addressing concerns related to electricity outages and shortages.…”

Section: Introductionmentioning

confidence: 86%

Comparative sustainable development in sub‐Saharan Africa

Asongu

2018

Sustainable Development

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Motivated by sustainable development challenges in sub‐Saharan Africa, this study assesses the comparative persistence of environmental unsustainability in a sample of 44 countries in the subregion for the period 2000–2012. The empirical evidence is based on Generalized Method of Moments. Of the six hypotheses tested, it is not feasible to assess the hypothesis on resource‐wealth because of issues in the degrees of freedom. For the remaining hypotheses, the following findings are established. (i) Hypothesis 1 postulating that middle‐income countries have a lower level of persistence in carbon dioxide (CO2) emissions is valid for CO2 per‐capita emissions, CO2 emissions from electricity and heat production and CO2 emissions from liquid fuel consumption. (ii) Hypothesis 2 that countries on the edge of French civil law is valid for CO2 emissions from liquid fuel consumption and CO2 intensity, but not for CO2 per‐capita emissions. (iii) Hypothesis 3 on the postulation that politically unstable countries reflect more persistence is valid for CO2 per‐capita emissions. (iv) Hypothesis 5 on the propensity for landlocked countries to be associated with more persistence in CO2 emissions is valid for CO2 per‐capita emissions but not for CO2 emissions from liquid fuel consumption. (v) Hypothesis 6 maintaining that Christianity‐dominated countries are more environmentally friendly with regard to CO2 emissions is valid for CO2 per‐capita emissions but not for CO2 emissions from liquid fuel consumption and CO2 intensity. Implications for policy and theory are discussed.

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“…Second, carbon dioxide emissions which are at an all time high (McGrath, 2018) represent a considerable challenge to environmental sustainability in the light of Sustainable Development Goals which centre on the promotion of the green economy (Asongu, le Roux & Biekpe, 2017, 2018bEfobi et al, 2019). McGrath (2018) further maintains that net outputs from green growth are not enough to dampen the growing pollution of the environment.…”

Section: Introductionmentioning

confidence: 99%