Arbeitspapier
Fighting terrorism in Africa: Complementarity between inclusive development, military expenditure and political stability
This study examines complementarities between inclusive development, military expenditure and political stability in the fight against terrorism in 53 African countries for the period 1998-2012. Hence the policy variables employed in the study are inclusive development, military expenditure and political stability. The empirical evidence is based on Generalised Method of Moments (GMM) with forward orthogonal deviations. The paper reports three main findings. Firstly, military expenditure and inclusive development are substitutes and not complements. Secondly, it is more relevant to use political stability as a complement of inclusive development than to use inclusive development as a complement of political stability. Thirdly, it can be broadly established that military expenditure and political stability are complementary. In the light of the sequencing, complementarity and substitutability, when the three policy variables are viewed within the same framework, it is more feasible to first pursue political stability and then complement it with military expenditure and inclusive development.
- Sprache
-
Englisch
- Erschienen in
-
Series: AGDI Working Paper ; No. WP/20/004
- Klassifikation
-
Wirtschaft
Model Evaluation, Validation, and Selection
Conflict; Conflict Resolution; Alliances; Revolutions
International Policy Coordination and Transmission
Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
Technological Change: Government Policy
- Thema
-
Terrorism
Inclusive development
Political stability
Military expenditure
Africa
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Asongu, Simplice
Le Roux, Sara
Singh, Pritam
- Ereignis
-
Veröffentlichung
- (wer)
-
African Governance and Development Institute (AGDI)
- (wo)
-
Yaoundé
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Asongu, Simplice
- Le Roux, Sara
- Singh, Pritam
- African Governance and Development Institute (AGDI)
Entstanden
- 2020
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