@workingpaper{Asongu2012bm,
title = {The Impact of Liberalisation Policies on Inequality in Africa},
author = {Michael Batuo E Simplice A. Asongu},
editor = {African 2012 Governance and Development Institute WP/12/038},
url = {http://www.afridev.org/RePEc/agd/agd-wpaper/The-impact-of-liberalisation-policies-on-inequality-in-Africa.pdf},
year = {2012},
date = {2012-06-01},
abstract = {Despite over three decades of Liberalisation policies in Africa, income-inequality has stayed
persistently high. Using updated panel data of 26 African countries spanning the period 1996-
2010, this study examines the effect of liberalisation policies with particular focus on
financial, trade, institutional, political and economic liberalisations on income-inequality. We
find: that financial liberalisation has a levitated income-redistributive effect with the
magnitude of the de jure measure (KAOPEN) higher than that of the de facto measure (FDI);
that exports, trade and ‘freedom to trade’ have an equality incidence on income-distribution;
and that institutional and political liberalisation has a negative impact. We also find that,
economic freedom has a negative income-redistributive effect possibly because of the weight
of its legal component. The impact of these policies implications are discussed in detail in this
study.},
keywords = {Liberalisation Policies; Income Inequality; Poverty; Africa},
pubstate = {published},
tppubtype = {workingpaper}
}