Trajectories of Knowledge Economy in SSA and MENA Countries
Author | : Simplice Asongu |
Publisher | : |
Total Pages | : |
Release | : 2019 |
Genre | : |
ISBN | : |
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In the first critical assessment of knowledge economy dynamic paths in Africa and the Middle East, but for a few exceptions, we find overwhelming support for diminishing cross-country disparities in knowledge-based economy dimensions. The paper employs all the four components of the World Bank's Knowledge Economy Index (KEI): economic incenti ves , innovation, education, and information infrastructure. The main finding suggests that sub- Saharan African ( SSA ) and the Middle East and North African (MENA) countries with low levels of KE dynamics and catching-up their counterparts of higher KE levels. We provide the speeds of integration and time necessary to achieve full (100%) integration. Policy implications are also discussed.