Abundant Natural Resources, EthnicDiversity, and Inclusive Growth in sub-Saharan Africa: A Mathematical Approach
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Date
2021
Authors
Ayoade, A. A.
Adenuga, J. I.
Ajide, K. B.
Odeleye, A. T.
Journal Title
Journal ISSN
Volume Title
Publisher
Department of Mathematics, Prairie View A&M University, USA.
Abstract
The sub-Saharan African region is blessed with abundant natural resources and diverse ethnic groups, yet the region is dominated by the largest number of poor people worldwide due to inequitable distribution of national income. Existing statistics forecast decay in the quality of lives over the years compared to the continent of Asia that shares similar history with the region. In this paper, a five-dimensional first-order nonlinear ordinary differential equation was formulated togiveinsightintovariousfactorsthatshapeddynamicsofinclusivegrowthinsub-SaharanAfrica. The validity test was performed based on ample mathematical theorems and the model was found tobevalid.Themodelwasthenstudiedqualitativelyandquantitativelyviastabilitytheoryofnonlinear differential equations which depended on the policy success ratio and classical fourth-order Runge-Kutta scheme implemented in Maple, respectively. The results from the analysis showed that inclusive growth from abundant natural resources and ethnic diversity in sub-Saharan Africa was a function of policy reform whereby an increase in both equitable distribution of national income and accessibility of common man to the goods and services provided by the state to narrow inequality gap was accompanied with a low level of nepotism
Description
Scholarly article
Keywords
Sub-Saharan Africa , National income , Policy success ratio , Inclusive growth , Research Subject Categories::MATHEMATICS
Citation
Adenuga, J. I., Ajide, K. B., Odeleye, A. T. & Ayoade, A. A. (2021): Abundant natural resources, ethnic diversity and inclusive growth in sub-Saharan Africa: a mathematical approach. Application and Applied Mathematics: An International Journal (AAM), 16(2).