... On the one hand, it is consistent with the non-contemporary phenomenon of slave trade. On the other hand, the IQ from the same author has been widely used in scholarly circles to explain contemporary development phenomena, in spite of criticisms such as the under estimation of IQ in African countries (see Kodila-Tedika & Asongu, 2016;Wicherts, Dolan, Carlson, & van der Maas, 2010a, 2010b. Some examples on the wide usage of the IQ, include, its employment to connect and explain other macroeconomic and institutional variables such as: statistical capacity (Kodila-Tedika, Asongu, & Azia-Dimbu, 2017), environmental quality (Salahodjaev, 2016a(Salahodjaev, , 2016b, governance (Kodila-Tedika, 2014;Rindermann, Kodila-Tedika, & Christainsen, 2015), poverty (Kodila-Tedika & Bolito-Losembe, 2014), entrepreneurship (Hafer & Jones, 2015;Salahodjaev, 2016c), economic growth (Jones & Schneider, 2006), financial development (Hafer, 2016;Salahodjaev, 2015a), taxation (Kodila-Tedika & Mutascu, 2014), alcohol consumption (Belasen & Hafer, 2013), economic diversification (Kodila-Tedika & Asongu, 2018), well-being (Hafer, 2016;Nikolaev & Salahodjaev, 2016), gender inequality (Salahodjaev & Azam, 2015) and the informal economy (Salahodjaev, 2015b). ...