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Navigating global uncertainty : the moderating role of human resource development in enhancing Africa's economic complexity
Journal article   Open access   Peer reviewed

Navigating global uncertainty : the moderating role of human resource development in enhancing Africa's economic complexity

Simplice A. Asongu, Ekene ThankGod Emeka and Anthony C. Ajah
The International trade journal, Vol.40(5), pp.451-476
03/09/2026
Handle:
https://hdl.handle.net/10210/521738

Abstract

Business & Economics Economics Social Sciences
This study assesses linkages between global uncertainty, human resource development, and economic complexity in 38 African countries between 2010 and 2023. The Driscoll and Kraay fixed-effect standard errors are employed. Global uncertainty unconditionally deters economic complexity. Human resource development positively moderates the impact of global uncertainty on Africa's economic complexity. The empirical results further show that foreign direct investment, infrastructural development, and improved economic performance remain vital for enhancing the region's economic complexity. The corresponding policy implications and recommendations are discussed in alignment with the African Union's Agenda 2063 and Sustainable Development Goals.
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url
https://doi.org/10.1080/08853908.2026.2653877View
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