Skip to content
1981
Volume 23, Issue 1
  • ISSN: 1474-2748
  • E-ISSN: 2040-0551

Abstract

This study examines the long-term effect of contemporary challenges such as growing resource income, rising consumer prices, inefficient public spending and globalization on Africa’s quest for sustainable development (SD). A robust measure of SD that integrates resource productivity is adopted. The study period spanned from 1991 to 2021, and data was sourced from 24 African countries. The empirical output for this study is derived using long-term methodologies, including feasible generalized least squares (FGLS), Driscoll-Kraay and panel dynamic ordinary least squares (PDOLS). The estimation of the long-term model is to capture the consequential effects of contemporary issues on SD. Evidence from the model reveals that increases in resources income, consumer prices, public outlay and globalization are deterrents to SD. The individual cross-sectional regression outputs also demonstrate similar effects. Given these contemporary challenges, the study proposes relevant policy measures to aid the attainment of SD.

© 2024 Intellect Ltd
Loading

Article metrics loading...

/content/journals/10.1386/tmsd_00084_1
2024-05-02
2026-04-17

Metrics

Loading full text...

Full text loading...

References

  1. Adebayo, T. S., Onifade, S. T., Alola, A. A. and Muoneke, O. B. (2022), ‘Does it take international integration of natural resources to ascend the ladder of environmental quality in the newly industrialised countries?’, Resources Policy, 76, pp. 1–10.
     [Google Scholar]
  2. Adekoya, O. B., Ajayi, G. E., Suhrab, M. and Oliyide, J. (2022), ‘How critical are resource rents, agriculture, growth, and renewable energy to environmental degradation in the resource-rich African countries? The role of institutional quality’, Energy Policy, 164, https://doi.org/10.1016/j.enpol.2022.112888.
     [Google Scholar]
  3. Adjei, M., Song, H., Cai, X., Nketiah, E., Obuobi, B. and Adu-Gyamfi, G. (2022), ‘Globalization and economic complexity in the implementation of carbon neutrality in Africa’s largest economies’, Sustainable Energy Technologies and Assessments, 52, https://doi.org/10.1016/j.seta.2022.102347.
     [Google Scholar]
  4. Ahmad, W., Ullah, S., Ozturk, I. and Majeed, M. T. (2021), ‘Does inflation instability affect environmental pollution? Fresh evidence from Asian economies’, Energy & Environment, 32:7, pp. 1275–91.
     [Google Scholar]
  5. Ahmed, Z., Asghar, M. M., Malik, M. N. and Nawaz, K. (2020), ‘Moving towards a sustainable environment: The dynamic linkage between natural resources, human capital, urbanisation, economic growth, and ecological footprint in China’, Resources Policy, 67, https://doi.org/10.1016/j.resourpol.2020.101677.
     [Google Scholar]
  6. Aladejare, S. A. (2018), ‘Resource price, macroeconomic distortions, and public outlay: Evidence from oil-exporting countries’, International Economic Journal, 32:2, pp. 199–218.
     [Google Scholar]
  7. Aladejare, S. A. (2020a), ‘Macroeconomic vs resource determinants of economic growth in Africa: A COMESA and ECOWAS study’, International Economic Journal, 34:1, pp. 100–24.
     [Google Scholar]
  8. Aladejare, S. A. (2020b), ‘Energy utilisation, economic prosperity and environmental quality in West Africa: Is there an asymmetric nexus?’, International Journal of Energy, Environment, and Economics, 28:3, pp. 166–91.
     [Google Scholar]
  9. Aladejare, S. A. (2022a), ‘Population health, infrastructure development and FDI inflows to Africa: A regional comparative analysis’, Asian Journal of Economic Modelling, 10:3, pp. 192–206.
     [Google Scholar]
  10. Aladejare, S. A. (2022b), ‘Natural resource rents, globalisation and environmental degradation: New insight from 5 richest African economies’, Resources Policy, 78, https://doi.org/10.1016/j.resourpol.2022.102909.
     [Google Scholar]
  11. Aladejare, S. A. (2023a), ‘Economic prosperity, asymmetric resource income, and ecological demands in resource-reliant economies’, Resources Policy, 82, https://doi.org/10.1016/j.resourpol.2023.103435.
     [Google Scholar]
  12. Aladejare, S. A. (2023b), ‘Does external debt promote human longevity in developing countries? Evidence from West African countries’, Fudan Journal of the Humanities and Social Sciences, 16:2, pp. 213–37.
     [Google Scholar]
  13. Aladejare, S. A. (2023c), ‘The human well-being and environmental degradation nexus in Africa’, Environmental Science and Pollution Research International, 30:5, pp. 12098–113.
     [Google Scholar]
  14. Aladejare, S. A. and Nyiputen, I. R. (2023), ‘Ecological response to industrialisation drivers in Africa’, Environmental Development, 47, https://doi.org/10.1016/j.envdev.2023.100896.
     [Google Scholar]
  15. Aladejare, S. A., Nyiputen, I. and Osagu, F. (2020), ‘Is macroeconomic instability a preventive measure in attaining sustainable development goals in Nigeria?’, Acta Universitatis Danubius: Oeconomica, 16:5, pp. 144–70.
     [Google Scholar]
  16. Aladejare, S. A., Ebi, B. O., and Ubi, S. P. (2022), ‘Quality of life and the fundamental issues to be addressed in west African countries’, Journal of Economic Cooperation and Development, 43:2, pp. 225–52.
     [Google Scholar]
  17. Allen, C., Metternicht, G. and Wiedmann, T. (2018), ‘Initial progress in implementing the Sustainable Development Goals (SDGs): A review of evidence from countries’, Sustainability Science, 13:5, pp. 1453–67.
     [Google Scholar]
  18. Alola, A. A., Yalciner, A. K. and Alola, U. V. (2019), ‘Renewables, food (in) security, and inflation regimes in the coastline Mediterranean countries (CMCs): The environmental pros and cons’, Environmental Science and Pollution Research, 26:33, pp. 34448–58.
     [Google Scholar]
  19. Atangana, E. (2022), ‘With the continuing increase in Sub-Saharan African countries, will sustainable development of goal 1 ever be achieved by 2030?’, Sustainability, 14:16, pp. 1–28, https://doi.org/10.3390/su141610304.
     [Google Scholar]
  20. Auriacombe, C. and Van der Walt, G. (2021), ‘Fundamental policy challenges influencing sustainable development in Africa’, Africa’s Public Service Delivery and Performance Review, 9:1, https://doi.org/10.4102/apsdpr.v8i1.381.
     [Google Scholar]
  21. Awan, A. M., Azam, M., Saeed, I. U. and Bakhtyar, B. (2020), ‘Does globalisation and financial sector development affect environmental quality? A panel data investigation for the Middle East and North African countries’, Environmental Science and Pollution Research, 27:36, pp. 45405–18.
     [Google Scholar]
  22. Azam, W., Khan, I. and Ali, S. A. (2023), ‘Alternative energy and natural resources in determining environmental sustainability: A look at the role of government final consumption expenditure in France’, Environmental Science and Pollution Research International, 30:1, pp. 1949–65.
     [Google Scholar]
  23. Baker, C. (2021), ‘NHS staff from overseas: Statistics’, House of Commons Library, https://commonslibrary.parliament.uk/research-briefings/cbp-7783/#:~:text=Around%20265%2C000%20out%20of%201.5,staff%20with%20a%20known%20nationality. Accessed 28 January 2023.
  24. Baloch, M. A., Khan, S. U. D. and Ulucak, Z. Ş. (2020), ‘Poverty and vulnerability of environmental degradation in sub-Saharan African countries: What causes what?’, Structural Change and Economic Dynamics, 54:C, pp. 143–49.
     [Google Scholar]
  25. Beck, N. and Katz, J. N. (1995), ‘What to do (and not to do) with time series cross section data?’, American Political Science Review, 89:3, pp. 634–47.
     [Google Scholar]
  26. British Red Cross (2022), ‘Africa hunger crisis: 146 million facing extreme hunger’, 7 December, https://www.redcross.org.uk/stories/disasters-and-emergencies/world/africa-hunger-crisis-100-million-struggling-to-eat. Accessed 18 February 2023.
  27. Castillo-Page, L., Conrad, S., Caulfield, M. and Dill, M. (2019), ‘Diversity in medicine: Facts and figures 2019’, https://www.aamc.org/data-reports/workforce/report/diversity-medicine-facts-andfigures-2019. Accessed January 2023.
  28. Cristóbal, J., Ehrenstein, M., Domínguez-Ramos, A., Galán-Martín, A., Pozo, C., Margallo, M., Aldaco, R., Jiménez, L., Irabien, A. and Guillén-Gosálbez, G. (2021), ‘Unraveling the links between government spending and sustainable development goals: Insights from data envelopment analysis’, Science of the Total Environment, 786, https://doi.org/10.1016/j.scitotenv.2021.147459.
     [Google Scholar]
  29. Donkor, M., Kong, Y., Manu, E. K., Ntarmah, A. H. and Appiah-Twum, F. (2022), ‘Economic growth and environmental quality: Analysis of government expenditure and the causal effect’, International Journal of Environmental Research and Public Health, 19:17, pp. 1–23.
     [Google Scholar]
  30. Driscoll, J. C. and Kraay, A. C. (1998), ‘Consistent covariance matrix estimation with spatially dependent panel data’, Review of Economics and Statistics, 80:4, pp. 549–60.
     [Google Scholar]
  31. Ehrlich, P. and Holdren, J. (1971), ‘Impact of population growth’, Science, 171, pp. 1212–17.
     [Google Scholar]
  32. Fu, W., Turner, J. C., Zhao, J. and Du, G. (2015), ‘Ecological footprint (EF): An expanded role in calculating resource productivity (RP) using China and the G20 member countries as examples’, Ecological Indicators, 48, pp. 464–71.
     [Google Scholar]
  33. Ganda, F. (2022), ‘The nexus of financial development, natural resource rents, technological innovation, foreign direct investment, energy consumption, human capital, and trade on environmental degradation in the new BRICS economies’, Environmental Science and Pollution Research International, 29:49, pp. 74442–57.
     [Google Scholar]
  34. Gasimli, O., Haq, I., Munir, S., Khalid, M. H., Kumara, S., Gamage, N., Khan, A. and Ishtiaq, M. (2022), ‘Globalisation and sustainable development: Empirical evidence from CIS countries’, Sustainability, 14:22, pp. 1–15.
     [Google Scholar]
  35. Global Footprint Network (GFN) (2023), ‘Home’, https://www.footprintnetwork.org/. Accessed 10 April 2024.
  36. Guariso, D., Guerrero, O. A. and Ramos, G. C. (2023), ‘Budgeting for SDGs: Quantitative methods to assess the potential impacts of public expenditure’, Development Engineering, 8, pp. 1–12.
     [Google Scholar]
  37. Guerrero, O. A. and Castañeda, G. (2022), ‘How does government expenditure impact sustainable development? Studying the multidimensional link between budgets and development gaps’, Sustainability Science, 17:3, pp. 987–1007.
     [Google Scholar]
  38. Guerrero, O. A., Castañeda, G., Trujillo, G., Hackett, L. and Chavez-Juarez, F. (2022), ‘Subnational sustainable development: The role of vertical intergovernmental transfers in reaching multidimensional goals’, Socio-Economic Planning Sciences, 83, pp. 1–23.
     [Google Scholar]
  39. Gyamfi, B. A., Onifade, S. T., Nwani, C. and Bekun, F. V. (2022), ‘Accounting for the combined impacts of natural resources rent, income level, and energy consumption on environmental quality of G7 economies: A panel quantile regression approach’, Environmental Science and Pollution Research International, 29:2, pp. 2806–18.
     [Google Scholar]
  40. Gygli, S., Haelg, F., Potrafke, N. and Sturm, J. (2019), ‘The KOF globalisation index-revisited’, The Review of International Organisation, 14, pp. 543–74.
     [Google Scholar]
  41. Hassan, S. T., Xia, E. and Lee, C. (2021), ‘Mitigating pathways impact of climate change and improving sustainable development: The roles of natural resources, income, and CO2 emission’, Energy & Environment, 32:2, pp. 338–63.
     [Google Scholar]
  42. Hussain, J. and Zhou, K. (2022), ‘Globalisation, industrialisation, and urbanisation in Belt and Road initiative countries: Implications for environmental sustainability and energy demand’, Environmental Science and Pollution Research, 29:53, pp. 80549–67.
     [Google Scholar]
  43. Iftikhar, H., Pinglu, C., Ullah, S. and Ullah, A. (2022), ‘Impact of tourism on sustainable development in BRI countries: The moderating role of institutional quality’, PLoS ONE, 17:4, article first, https://doi.org/10.1371%2Fjournal.pone.0263745.
     [Google Scholar]
  44. International Monetary Fund (IMF) (2019), ‘Fiscal policy and development: Human, social, and physical investment for the SDGs’, IMF Staff Discussion Note SDN/19/03, 23 January, https://www.imf.org/en/Publications/Staff-Discussion-Notes/Issues/2019/01/18/Fiscal-Policy-and-Development-Human-Social-and-Physical-Investments-for-the-SDGs-46444. Accessed 26 March 2024.
     [Google Scholar]
  45. International Monetary Fund (IMF) (2022), World Economic Outlook: Countering the Cost-of-Living Crisis, Washington, DC: International Monetary Fund.
     [Google Scholar]
  46. Kao, C. and Chiang, M. H. (2001), ‘On the estimation and inference of a cointegrated regression in panel data’, Advances in Econometrics, 15, pp. 179–222.
     [Google Scholar]
  47. Khan, I., Fujun, H., Le, H. P. and Ali, S. A. (2021), ‘Do natural resources, urbanisation, and value-adding manufacturing affect environmental quality? Evidence from the top ten manufacturing countries’, Resources Policy, 72, https://doi.org/10.1016/j.resourpol.2021.102109.
     [Google Scholar]
  48. Khan, I., Zakari, A., Ahmad, M., Irfan, M. and Hou, F. (2022), ‘Linking energy transitions, energy consumption, and environmental sustainability in OECD countries’, Gondwana Research, 103, pp. 445–57.
     [Google Scholar]
  49. Khan, S., Yahong, W. and Zeeshan, A. (2021), ‘Impact of poverty and income inequality on the ecological footprint in Asian developing economies: Assessment of sustainable development goals’, Journal of Energy Reports, 8, pp. 670–79.
     [Google Scholar]
  50. Kihombo, S., Vaseer, A. I., Ahmed, Z., Chen, S., Kirikkaleli, D. and Adebayo, T. S. (2022), ‘Is there a tradeoff between financial globalisation, economic growth, and environmental sustainability? An advanced panel analysis’, Environmental Science and Pollution Research, 29:3, pp. 3983–93.
     [Google Scholar]
  51. Koirala, B. S. and Pradhan, G. (2020), ‘Determinants of sustainable development: Evidence from 12 Asian countries’, Sustainable Development, 28:1, pp. 39–45.
     [Google Scholar]
  52. Le, H. P. and Ozturk, I. (2020), ‘The impacts of globalisation, financial development, government expenditures, and institutional quality on CO2 emissions in the presence of environmental Kuznets curve’, Environmental Science Pollution Research, 27, pp. 22680–97.
     [Google Scholar]
  53. Leal, P. H. and Marques, A. C. (2021), ‘The environmental impacts of globalisation and corruption: Evidence from a set of African countries’, Environmental Science & Policy, 115, pp. 116–24.
     [Google Scholar]
  54. Maddala, G. S. and Wu, S. (1999), ‘A comparative study of unit root tests with panel data and a new simple test’, Oxford Bulletin of Economics and Statistics, 61:S1, pp. 631–52.
     [Google Scholar]
  55. Majeed, A., Wang, L., Zhang, X. and Kirikkaleli, D. (2021), ‘Modelling the dynamic links among natural resources, economic globalisation, disaggregated energy consumption, and environmental quality: Fresh evidence from GCC economies’, Resources Policy, 73, pp. 1–9, https://doi.org/10.1016/j.resourpol.2021.102204.
     [Google Scholar]
  56. Masud, M. M., Kari, F. B., Banna, H. and Saifullah, M. K. (2018), ‘Does income inequality affect environmental sustainability? Evidence from the ASEAN-5’, Journal of the Asia Pacific Economy, 23:2, pp. 213–28.
     [Google Scholar]
  57. Mebratu, D. (1998), ‘Sustainability and sustainable development: Historical and conceptual review’, Environmental Impact Assessment Review, 18:6, pp. 493–520.
     [Google Scholar]
  58. Miao, Y., Razzaq, A., Adebayo, T. S. and Awosusi, A. A. (2022), ‘Do renewable energy consumption and financial globalisation contribute to ecological sustainability in newly industrialised countries?’, Renewable Energy, 187, pp. 688–97.
     [Google Scholar]
  59. Miola, A. and Schiltz, F. (2019), ‘Measuring sustainable development goals performance: How to monitor policy action in the 2030 Agenda implementation?’, Ecological Economics: The Journal of the International Society for Ecological Economics, 164, pp. 1–10.
     [Google Scholar]
  60. Nathaniel, S. P. (2021), ‘Ecological footprint and human wellbeing nexus: Accounting for broad-based financial development, globalisation, and natural resources in the next-11 countries’, Future Business Journal, 7:1, pp. 1–18.
     [Google Scholar]
  61. Odugbesan, J. A., Rjoub, H., Ifediora, C. U. and Iloka, C. B. (2021), ‘Do financial regulations matters for sustainable green economy: Evidence from Turkey’, Environmental Science and Pollution Research International, 28:40, pp. 56642–57.
     [Google Scholar]
  62. Ologunde, I. A., Kapingura, F. M. and Sibanda, K. (2020), ‘Sustainable development and crude oil revenue: A case of selected crude oil-producing African countries’, International Journal of Environmental Research and Public Health, 17:18, pp. 1–30, https://doi.org/10.3390%2Fijerph17186799.
     [Google Scholar]
  63. Pedroni, P. (2000), ‘Fully modified OLS for heterogeneous cointegrated panels’, Advances in Econometrics, 15, pp. 93–130.
     [Google Scholar]
  64. Pesaran, M. H. (2004), ‘Estimation and inference in large heterogeneous panels with a multifactor error structure’, CESinfo working paper no. 1331, pp. 1–60, https://www.cesifo.org/DocDL/cesifo1_wp1331.pdf. Accessed 10 April 2024.
     [Google Scholar]
  65. Pesaran, M. H. (2007), ‘A simple panel unit root test in the presence of cross-section dependence’, Journal of Applied Econometrics, Special Issue: ‘Heterogeneity and Cross Section Dependence in Panel Data Models: Theory and Application’, 22:2, pp. 265–312, https://doi.org/10.1002/jae.951.
     [Google Scholar]
  66. Phillips, P. C. and Moon, H. R. (1999), ‘Linear regression limit theory for nonstationary panel data’, Econometrica, 67:5, pp. 1057–111.
     [Google Scholar]
  67. Radmehr, R., Shayanmehr, S., Ali, E. B., Ofori, E. K., Jasinska, E. and Jasinski, M. (2022), ‘Exploring the nexus of renewable energy, ecological footprint, and economic growth through globalisation and human capital in G7 economics’, Sustainability, 14:19, pp. 1–19, https://doi.org/10.3390/su141912227.
     [Google Scholar]
  68. Rakshit, B. and Neog, Y. (2021), ‘Do macroeconomic uncertainty and financial development cause environmental degradation? Evidence from an emerging economy’, International Journal of Social Economics, 48:9, pp. 1264–89.
     [Google Scholar]
  69. Ramzan, M., Razi, U., Quddoos, M. U. and Adebayo, T. S. (2022), ‘Do green innovation and financial globalisation contribute to the ecological sustainability and energy transition in the United Kingdom? Policy insights from a bootstrap’, Sustainable Development, 31:1, pp. 393–414.
     [Google Scholar]
  70. Reed, W. R. and Ye, H. (2011), ‘Which panel data estimator should I use?’, Applied Economics, 43:8, pp. 985–1000.
     [Google Scholar]
  71. Rees, W. E. (2000), ‘Eco-footprint analysis: Merits and brickbats’, Ecological Economics, 32, pp. 371–74.
     [Google Scholar]
  72. Sachs, J., Schmidt-Traub, G., Kroll, C., Durand-Delacre, D. and Teksoz, K. (2016), An SDG Index and Dashboards: Global Report, New York: Bertelsmann Stiftung and Sustainable Development Solutions Network (SDSN).
     [Google Scholar]
  73. Sachs, J., Schmidt-Traub, G., Kroll, C., Lafortune, G., Fuller, G. and Woelm, F. (2020), The Sustainable Development Goals and COVID-19: Sustainable Development Report 2020, Cambridge: Cambridge University Press.
     [Google Scholar]
  74. Sarkodie, S. A., Adams, S., Owusu, P. A., Leirvik, T. and Ozturk, I. (2020), ‘Mitigating degradation and emissions in China: The role of environmental sustainability, human capital and renewable energy’, The Science of the Total Environment, 719, pp. 1–14, https://doi.org/10.1016/j.scitotenv.2020.137530.
     [Google Scholar]
  75. Sart, G. (2022), ‘Impact of higher education and globalisation on sustainable development in the new EU member states’, Sustainability, 14:19, https://doi.org/10.3390/su141911916.
     [Google Scholar]
  76. Shao, L., Zhang, H. and Irfan, M. (2022), ‘How public expenditure in recreational and cultural industry and socio-economic status caused environmental sustainability in OECD countries’, Economic Research-Ekonomska Istrazivanja, 35:1, pp. 4625–42.
     [Google Scholar]
  77. Shi, L., Han, L, Yang, F. and Gao, L. (2019), ‘The evolution of sustainable development theory: Types, goals, and research prospects’, Sustainability, 11:24, pp. 1–16, https://doi.org/10.3390/su11247158.
     [Google Scholar]
  78. Siakwah, P., Musavengane, R. and Leonard, L. (2020), ‘Tourism governance and attainment of the sustainable development goals in Africa’, Tourism Planning & Development, 17:4, pp. 355–83.
     [Google Scholar]
  79. Singh, G. G. (2020), ‘Determining a path to a destination: Pairing strategic frameworks with the sustainable development goals to promote research and policy’, Evolutionary and Institutional Economics Review, 17:2, pp. 521–39.
     [Google Scholar]
  80. Tahir, M., Rehman, Z. and Javed, F. (2022), ‘Asymmetric effects of inflation instability and GDP growth volatility on environmental quality in the USA’, Human Nature Journal of Social Sciences, 3:1, pp. 31–43.
     [Google Scholar]
  81. Tucho, G. T. and Kumsa, D. M. (2020), ‘Challenges of achieving sustainable development Goal 7 from the perspectives of access to modern cooking energy in developing countries’, Frontiers in Energy Research, 8, pp. 1–11, https://doi.org/10.3389/fenrg.2020.564104.
     [Google Scholar]
  82. Ullah, A., Pinglu, C., Ullah, S. and Hashmi, S. H. (2021), ‘Nexus of regional integration, socio-economic determinants and sustainable development in belt and road initiatives countries’, PLoS ONE, 16:7, https://doi.org/10.1371/journal.pone.0254298.
     [Google Scholar]
  83. Ullah, S., Apergis, N., Usman, A. and Chishti, M. Z. (2020), ‘Asymmetric effects of inflation instability and GDP growth volatility on environmental quality in Pakistan’, Environmental Science and Pollution Research International, 27:25, pp. 31892–904.
     [Google Scholar]
  84. Ulucak, R. and Khan, S. (2020), ‘Determinants of the ecological footprint: Role of renewable energy, natural resources, and urbanisation’, Sustainable Cities and Society, 54, https://doi.org/10.1016/j.scs.2019.101996.
     [Google Scholar]
  85. United Nations Environment Programme (UNEP) (2017), ‘Our work in Africa’, 25 October, https://unep.org/regions/Africa. Accessed 29 February 2023.
  86. United Nations (UN) (2020), ‘The sustainable development report 2020’, https://unstats.un.org/sdgs/report/2020/. Accessed 24 October 2022.
  87. United Nations (UN) (2022), ‘Financing for sustainable development report: Inter-agency task force on financing for development’, 25 April, https://developmentfinance.un.org. Accessed 29 February 2023.
  88. Usman, M., Kousar, R., Yaseen, M. R. and Makhdum, S. A. (2020), ‘An empirical nexus between economic growth, energy utilisation, trade policy and ecological footprint: A continent-wise comparison in upper-middle-income countries’, Environmental Science and Pollution Research, 27:31, pp. 38995–9018.
     [Google Scholar]
  89. Van, V. T. T., Ha, N. T. T. and Quyen, P. G. (2020), ‘The relationship between public debt, budget deficit, and sustainable economic development in developing countries: The role of corruption control’, Jurnal Ekonomi and Studi Pembangunan, 21:1, pp. 84–104.
     [Google Scholar]
  90. World Bank Development Indicator (WDI) (2023), ‘World development indicator’, https://databank.worldbank.org/source/world-development-indicators. Accessed 10 April 2024.
  91. Xiaoman, W., Majeed, A., Vasbieva, D. G., Yameogo, C. E. W. and Hussain, N. (2021), ‘Natural resources abundance, economic globalisation, and carbon emissions: Advancing sustainable development agenda’, Sustainable Development, 29:5, pp. 1037–48.
     [Google Scholar]
  92. Xu, L., Wang, X. and Guo, W. (2022), ‘Does renewable energy adaptation, globalization, and financial development matter for environmental quality and economic progress? Evidence from panel of big five (5) economies’, Renewable Energy, 192, pp. 631–40.
     [Google Scholar]
  93. Yameogo, C. E. W., Omojolaibi, J. A. and Dauda, R. O. S. (2021), ‘Economic globalisation, institutions and environmental quality in Sub-Saharan Africa’, Research in Globalisation, 3, pp. 1–9, https://doi.org/10.1016/j.resglo.2020.100035.
     [Google Scholar]
  94. Zhang, W., Wang, Z., Adebayo, T. S. and Altuntas, M. (2022a), ‘Asymmetric linkages between renewable energy consumption, financial integration, and ecological sustainability: Moderating role of technology innovation and urbanisation’, Renewable Energy, 197, pp. 1233–43.
     [Google Scholar]
  95. Zhang, Y., Khan, I. and Zafar, M. W. (2022b), ‘Assessing environmental quality through natural resources, energy resources, and tax revenues’, Environmental Science and Pollution Research International, 29:59, pp. 89029–44.
     [Google Scholar]
/content/journals/10.1386/tmsd_00084_1
Loading
Does rising resources income, consumer prices, government outlay and globalization hinder Africa’s sustainable development?
International Journal of Technology Management & Sustainable Development 23, 37 (2024); https://doi.org/10.1386/tmsd_00084_1
/content/journals/10.1386/tmsd_00084_1
/content/journals/10.1386/tmsd_00084_1
Loading

Data & Media loading...

  • Article Type: Article
Keyword(s): continuous development; developing economies; inflation; internationalization; natural resource rents; public spending

Most Cited Most Cited RSS feed

This is a required field
Please enter a valid email address
Approval was a success
Invalid data
An error occurred
Approval was partially successful, following selected items could not be processed due to error
Please enter a valid_number test