Are you ready to amplify your academic presence and connect with a global network of researchers? Join the Scholar Indexing Society and elevate your research to new heights!
Population Growth, Unemployment Rate, and Economic Development in Sub–Saharan African Countries (1990-2020)
Article Number: SIS725603AI040823
4th August, 2023
Author(s):
Adeyemo Joel Tobiloba, Olaniyan Samson Olajide, Olabiyi Kehinde Ajike
Abstract:
The study examined the impact of
population growth and unemployment on Economic Development in sub-Saharan
African countries from 1990-2020. Using econometric analysis, the study used
data on gross domestic product (GDP), population growth rate (POP),
unemployment rate (UNEM), and human development index (HDI). The result showed
that unemployment has a negative significant relationship with economic
development, and population growth has a positive significant relationship with
economic development in sub-Saharan African countries. The study, therefore,
recommended that government should make sure that the life expectancies in the
countries increase, which will reduce the death rate and consequently increase
the population and the economic development in the sub-Saharan African countries.
It recommended policies to reduce the unemployment rate and promote economic
Development in Sub-Shaharan African Countries.