Income Inequality and Socio-Political Instability in Sub-Saharan Africa
In this paper, we analyse the impact of income inequality on Socio-Political Instability (hereinafter SPI) in Sub-Saharan Africa from 1990 to 2018 with a sample of 47 countries. We first present the theoretical and empirical debate on income inequality and SPI. This literature review allows us to...
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| Format: | Article |
| Language: | English |
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University of Primorska
2021-03-01
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| Series: | Managing Global Transitions |
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| Online Access: | https://www.hippocampus.si/ISSN/1854-6935/19.49-72.pdf |
| Summary: | In this paper, we analyse the impact of income inequality on Socio-Political
Instability (hereinafter SPI) in Sub-Saharan Africa from 1990 to 2018 with
a sample of 47 countries. We first present the theoretical and empirical debate
on income inequality and SPI. This literature review allows us tomeasure
SPI using the principal component analysis method and hierarchical
clustering and partitioning to analyse the similarities and differences between
countries from a multidimensional perspective. We then estimate
the SPI concerning income inequality and democracy. The findings are
that assassinations are not linked to a regime’s duration, and the duration
of a regime reduces if coups d’état (successful or not) are rampant. Between
democracy and income inequality, the former has 34 times more impact on
SPI. GDP growth increases SPI and education reduces SPI. |
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| ISSN: | 1581-6311 1854-6935 |