Positive and negative effects of globalization on the Nigerian economy

The Positive and Negative Effects of Globalization on the Nigerian Economy.

Background to the Study

There have been phenomenal metamorphose in virtually all aspect of society the world over, Communication have become more rapid, working patterns are changing, markets for goods and services have transformed immensely and money can be moved freely and instantaneously from one country to another Continue reading Positive and negative effects of globalization on the Nigerian economy

Loan Administration To Agricultural Co-Operative Societies

Loan Administration To Agricultural Co-Operative Societies By Nigeria Agricultural Co-Operative And Rural Development Bank In Enugu.

                            ABSTRACT

This research project is a very crucial study on the analysis of loan administration to agricultural co-operative society by Nigerian agricultural co-operative and rural development bank. The study is motivated by the necessity to establish the extent of agricultural co-operatives. Continue reading Loan Administration To Agricultural Co-Operative Societies

An Empirical Analysis Of The Relationship Between Inflation And Government Expenditure In Nigeria

An Empirical Analysis Of The Relationship Between Inflation And Government Expenditure In Nigeria (1980 – 2005)

Abstract

This research work “An empirical analysis of the relationship between inflation and government expenditure in Nigeria is design to find out if there is any relationship between inflation and government expenditure. Continue reading An Empirical Analysis Of The Relationship Between Inflation And Government Expenditure In Nigeria

Bank-Recapitalization And The Growth Performance Of Nigerian Banks

Bank- Recapitalization And The Growth Performance Of Nigerian Banks (1986-2007)

Abstract

This paper reviews the perspective of banking recapitalization and growth performance in Nigeria, since 1986 to date. It notes four eras of banking sector reforms in Nigeria, viz: the post-SAP (1986-1993), the Reforms Lethargy (1993-1998), Pre-Soludo (1999-2004) and post Soludo (2005-2007). Using both descriptive statistics and econometric methods, three sets of hypothesis were tested: firstly that each phase of reforms  culminated in improved incentives; secondly that policy reforms which results in increased capitalization, exchange rate devaluation; interest rate restructuring and abolition of credit rationing may have had positive effects on real sector credit and thirdly that implicit incentives which accompany the reforms had salutary macroeconomic effects. The empirical results confirm that eras of pursuits of market reforms were characterized by improved incentives. However, these did not translate to increased credit purvey to the real sector. Also while growth was stifled in eras of control, the reforms era was associated with rise in inflationary pressures. Among the pitfalls of reforms indentified by the study are faulty premise and wrong sequencing reforms and a host of conflicts emanating from adopted theoretical models for reforms and above all, frequent reversals and/or non sustainability of reforms. In concluding, the study notes the need to bolster reforms through the deliberate adoption of policies that would ensure convergence of domestic and international rate of return on financial markets investments.   Continue reading Bank-Recapitalization And The Growth Performance Of Nigerian Banks

ECONOMICS PROJECT TOPICS

Economics Project Topics and Materials

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Role of information communication technology in family economic development and environmental management

The Positive and Negative Effects of Globalization on the Nigerian Economy.

The implication of globalization for the Nigerian economy

An Empirical Analysis Of The Relationship Between Inflation And Government Expenditure In Nigeria

Bank-Recapitalization And The Growth Performance Of Nigerian Banks

Loan Administration To Agricultural Co-Operative Societies

 

 

ROLE OF INFORMATION COMMUNICATION TECHNOLOGY IN FAMILY ECONOMIC DEVELOPMENT AND ENVIRONMENTAL MANAGEMENT

THE ROLE OF INFORMATION COMMUNICATION TECHNOLOGY IN FAMILY ECONOMIC DEVELOPMENT AND ENVIROMENTAL MANAGEMENT IN ISIUZO L.G.A ENUGU STATE

 ABSTRACT

The research was designed to find out the role of information communication Technology in family Economics Development and Environmental management in Isiuzo L.G.A in Enugu state. The Design of the study is the survey method. The subjects for the study comprised of number of people or items considered to be Continue reading ROLE OF INFORMATION COMMUNICATION TECHNOLOGY IN FAMILY ECONOMIC DEVELOPMENT AND ENVIRONMENTAL MANAGEMENT

The Positive and Negative Effects of Globalization on the Nigerian Economy.

The Positive and Negative Effects of Globalization on the Nigerian Economy.

CHAPTER TWO

LITERATURE REVIEW AND THEORETICAL FRAMEWORK

2.1 Literature Review

There has been a consensus among the scholars of the Third World extraction that globalization is not a new phenomenon. The new phase has however assumed new dimension to further undeveloped and entrench dependency in Africa. According to Stiglitz (2002:62), globalization is:- A new social architecture of cross-border human interactions – in which the integrity of the national territories state as a coherent political economy is eroded, as the functions of the state became re-organized to adjust the domestic economic and social policies…

Again, Nabudere (2000:16) sees globalization as an unequal process of capitalist development. He posits that uneven and unequal economic opportunities are characteristics of the present capital modernization. This process is reflected in the unequal integration and fragmentation of many communities, especially, what came to be called the “The World”, in the process f the unfolding economic, political, social and cultural activity.

More concretely, Ake (1994:22) views globalization as a March of capital all over the world to search for profits, a process reflected in the rich and power of MNCS. He asserts that; It is about growing structural differentiation and functional integration in the world economy; it is about growing interdependence across the globe; it is about the national-state coming under pressure from the surge of transnational phenomenon, about the emergence of a global mass culture driven by mass advertisement and technical advances in mass communication, (Ake, 1994:22-23)”.

The foregoing has shown that the roots of African underdevelopment and Dependency lie with the capitalist expansion globalization are therefore a phase in the process of this expansion. Hoogvelt (2001:68); submits that as an instrument of imperialism, globalization is linked systematically with social exclusion. This means that as globalization proceeds, more and segments of populations as well as whole areas and regions are being excluded from its benefits.

In the same vein, Nnoli (2000:173) consider globalization as imperialism. According to him, globalization is a dynamic phenomenon, which changes in accordance with the laws of capitalist expansion. Consequently, it has assumed different focus in the past such as slave trade, legitimate trade, colonialism and nee-colonialism today, it is simply globalization.

It is implicit therefore that globalization is a relation of domination and exploitation between nations and groups of nations. This relationship takes place at different levels of economic, political, social and so on. In this contribution, Oyebody (2002:48) maintains that the different economic and political strategies such as globalization, liberalization. Privatization, foreign aid and the activities of MNCS are instruments of under-developing and entrenching Dependency in Nigeria and the whole of the developing world. Continue reading The Positive and Negative Effects of Globalization on the Nigerian Economy.

Implication of globalization for the Nigerian economy

The Implication of Globalization for the Nigerian Economy

CHAPTER ONE

INTRODUCTION

Background to the Study

There have been phenomenal metamorphose in virtually all aspect of society the world over, Communication have become more rapid, working patterns are changing, markets for goods and services have transformed immensely and money can be moved freely and instantaneously from one country to another with little or no hitches at all. Again, the ace of change seems to have accelerated Continue reading Implication of globalization for the Nigerian economy

Effect Of Capital Flight On Nigerian Economic Growth And Development

Effect Of Capital Flight On Nigerian Economic Growth And Development.

Background to the Study

In 1960 and early 1970s, when Nigeria was basically agrarian, surviving on agriculture by exporting cocoa, palm produce, timber, cotton and rubber to developed countries. During this period, agriculture contributed to over 60% of the GDP. At this period, the rate of capital outflow from Nigeria was very low Continue reading Effect Of Capital Flight On Nigerian Economic Growth And Development

COOPERATIVES: A STRATEGY FOR GENERATING EMPLOYMENT OPPORTUNITIES IN ANAMBRA STATE

COOPERATIVES: A STRATEGY FOR GENERATING EMPLOYMENT OPPORTUNITIES IN ANAMBRA STATE

  • Background of the Study

Cooperative is very important in the creation of employment opportunity, since its members can came together and put hands to carry out one business or the other. Continue reading COOPERATIVES: A STRATEGY FOR GENERATING EMPLOYMENT OPPORTUNITIES IN ANAMBRA STATE