Government budgets and social development in Africa: moderating effect of government effectiveness

Wudil, Adamu Ahmed and Md Saad, Norma and Lacheheb, Zakaria and Rislanudeen, Muhammad (2024) Government budgets and social development in Africa: moderating effect of government effectiveness. International Journal of Academic Research in Economics and Management Sciences, 13 (1). pp. 88-100. E-ISSN 2226-3624

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Abstract

This study investigates the relationship between government budgets and social development in Africa, considering the moderating effect of government effectiveness. Using data from Human Development Reports and World Bank, we employ the Difference Generalized Method of Moments (DGMM) estimation technique. The findings reveal that past HDI levels significantly influence the present, while government budgets, and the interaction between government budgets and government effectiveness negatively impact human development index. Economic growth positively affects HDI, but larger population sizes pose challenges. The study underscores the importance of strategic budgetary allocations, targeted governance reforms, and holistic development planning. The study enriches the discourse on African social development by addressing critical gaps and offering actionable insights for policymakers, researchers, and international organizations committed to achieving sustainable social development in the region.

Item Type:	Article (Journal)
Uncontrolled Keywords:	Social Development, Government Budgets, Government Effectiveness, Africa, Human Development Index.
Subjects:	BPH Islamic Economics > BPH72 Economic development. Growth. Sustainable development. Sustainability
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences > Department of Economics
Depositing User:	Prof. Dr Norma Md Saad
Date Deposited:	26 Jan 2025 16:35
Last Modified:	26 Jan 2025 16:35
URI:	http://irep.iium.edu.my/id/eprint/118796

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