Navigating Global Uncertainty: The Moderating Role of Human Resource Development in Enhancing Africa’s Economic Complexity

Abstract

This study assesses linkages between global uncertainty, human resource development, and economic complexity in 38 African countries between 2010 and 2023. The Driscoll and Kraay fixed-effect standard errors are employed. Global uncertainty unconditionally deters economic complexity. Human resource development positively moderates the impact of global uncertainty on Africa’s economic complexity. The empirical results further show that foreign direct investment, infrastructural development, and improved economic performance remain vital for enhancing the region’s economic complexity. The corresponding policy implications and recommendations are discussed in alignment with the African Union’s Agenda 2063 and Sustainable Development Goals.

Identifiers

DOI

10.1080/08853908.2026.2653877

Citations and references