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Sustainable development in African countries: evidence from the impacts of education and poverty ratio

Economics

Sustainable development in African countries: evidence from the impacts of education and poverty ratio

X. Zhang

This paper by Xiaoyu Zhang delves into the intricate relationship between education, poverty, trade volume, ICT development, and GDP per capita on sustainability across 15 major African economies from 1999 to 2019. The research uncovers surprising links, such as how increasing GDP per capita may lead to lower sustainability—a wake-up call for policymakers!

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~3 min • Beginner • English
Abstract
This paper uses the autoregressive-distributed lag model to investigate the effects of education, poverty, trade volume, ICT development, and GDP per capita on sustainability in the 15 largest African economies from 1999 to 2019. The results show a positive correlation between higher tertiary education rates and sustainability, emphasizing the importance of investing in education for sustainable development. In contrast, higher poverty rates are linked to lower sustainability, highlighting the need for poverty reduction efforts. Increased trade volumes are associated with reduced sustainability, indicating the challenges of trade liberalization policies in achieving sustainability goals. However, ICT development has a significant positive impact on sustainability. Interestingly, higher GDP per capita is linked to lower sustainability, potentially due to unsustainable consumption patterns and social inequalities. Policy recommendations for promoting sustainable development in African countries include targeted measures focusing on education and poverty reduction. Gender-friendly policies and initiatives to eliminate educational disparities, especially among marginalized groups, can enhance human capital development. Additionally, promoting e-businesses and sustainable entrepreneurship, along with attracting foreign investment for sustainable education and employment initiatives, can drive economic growth while minimizing environmental impact and fostering inclusive development.
Publisher
Humanities and Social Sciences Communications
Published On
Oct 18, 2024
Authors
Xiaoyu Zhang
Tags
sustainability
education
poverty
trade volume
ICT development
GDP per capita
Africa
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