Munich Personal RePEc Archive

Trajectories of Knowledge Economy in SSA and MENA countries

Asongu, Simplice and Andrés, Antonio (2019): Trajectories of Knowledge Economy in SSA and MENA countries. Forthcoming in: Forthcoming: Technology in Society

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Abstract

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 incentives, 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.

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