Investigating Reasons Behind the Lack of Transparency in Sub-Saharan African Countries

Document Type : Original Article

Authors

1 Economics, Management sciences, MSA university, Giza

2 Professor of Economics Faculty of African Postgraduate Studies, Cairo University, Egypt

3 Department of Economics MSA university, Egypt

Abstract

Transparency is a multifaceted issue that encompasses various economic, political, administrative, social, and cultural factors at both national and international levels. Rather than being a fundamental type of behavior, lack of transparency is a symptom of broader societal dynamics. Despite being a persistent problem, lack of transparency remains largely unaddressed, causing harm to society by eroding trust, undermining democracy, hindering economic growth, and exacerbating inequality, poverty, social fragmentation, and environmental disasters.
This study focuses on transparency in a sample of sub-Saharan African countries, namely Angola, Tanzania, Mali, Cote d’Ivoire, Ghana, and Madagascar, covering a time period of nine years from 2012 to 2020. The study employs both panel least squares and quantile regression models to determine the more accurate model. The findings indicate that the quantile regression model demonstrates a significant relationship between the transparency perception index and all independent variables, except for the unemployment rate, at a 1% significance level.

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