Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/298281 
Year of Publication: 
2024
Series/Report no.: 
AGDI Working Paper No. WP/24/003
Publisher: 
African Governance and Development Institute (AGDI), Yaoundé
Abstract: 
The study investigates the role of governance (i.e., 'voice & accountability', political stability/no violence, regulatory quality, government effectiveness, corruption-control and the rule of law) in the incidence of short-term debt services on infrastructure development in the perspective of telecommunication infrastructure and access to electricity. The focus of the study is on 52 African countries for the period 2002-2021. The generalized method of moments is employed as estimation strategy and the following findings are established. Debt service has a negative unconditional effect on access to electricity and telecommunication infrastructure. Governance dynamics moderate the negative effect of debt service on infrastructure dynamics. Effective moderation is from regulatory quality and corruption-control for access to electricity and from government effectiveness, regulatory quality, corruption-control and rule of law, for telecommunication infrastructure. Policy implications are discussed.
Subjects: 
Debt service, governance
information technology
access to electricity
Africa
JEL: 
F34
H63
O10
O40
O55
Document Type: 
Working Paper

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