مجلة الإستراتيجية والتنمية
Volume 10, Numéro 6, Pages 312-329
2020-11-14
Presidential Mandate, Legal System And Economic Growth In Sub-saharan Africa
Authors : Nsoe Jean-baptiste .
Abstract
This paper examined the influence of the type of presidential mandate and the type of legal system on economic growth in sub-Saharan Africa. This paper employed a dynamic panel approach; the GMM model. Results revealed that the presence of a "limited presidential term" and "common law legal system" exert a significant and positive influence on economic growth. Results also indicated that "unlimited presidential terms" and "civil law legal system" have a negative impact on economic growth. On the other hand, it was observed that government efficiency, political stability, the rule of law, and the quality of regulation affect economic growth positively. Trade openness and population growth were found to have a negative impact on economic growth. These results have implications for the promotion of good governance for rapid economic growth in sub-Saharan African
Keywords
presidential mandate ; legal system ; economic growth ; GMM ; sub-Saharan Africa
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