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National Repository of Grey Literature 1 records found  Search took 0.00 seconds. 
the Role of Infrastructural Development In the Economies of Sub-Sahara Africa
 Kwao, Alexander Edem
The thesis seeks to investigate the role of infrastructural development in the economies of the Sub-Saharan African; while controlling for the effects of foreign direct investment and trade openness on the relationship between the economic variables (e.g., infrastructural development and economic growth). The study uses a panel data of twenty-nine (29) countries selected throughout 2011-2015 in Sub-Saharan Africa based on similar income size. Pooled Ordinary Least Square (i.e., OLS) is used to estimate the relationship among all of the economic variables involved. The research result shows that infrastructural development has a positive and statistically significant effect on economic growth, but the foreign direct investment has no significant effect on economic growth. Also, trade openness has a negative and statistically significant impact on the economic growth in the Sub-Saharan African economies. The conclusion is that infrastructural development plays critical and central roles in the rapid and sustainable economic growth and development in the sub-Saharan African.
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