Globalization And Sustainable Development In Africa

Globalization And Sustainable Development In Africa

CHAPTER ONE

GENERAL INTRODUCTION

  • STATEMENT OF THE PROBLEM

Human quest for sustainable development can be traced back to the very onset of human existence.  This explains why human history is replete with various attempts by man to better his conditions at various points in time. Continue reading Globalization And Sustainable Development In Africa

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

Multinationals, Globalization And Ethical Challenges

 Multinationals, Globalization And Ethical Challenges. An Empirical Evaluation

CHAPTER ONE

 INTRODUCTION

1.1     Background of the Study

Multinational corporations are important factors in processes of globalization. National and local governments often compete against one another to attract MNC facilities, with the expectation of increased tax revenue, employment, and economic activity. To compete, political entities may offer MNCs incentives such Continue reading Multinationals, Globalization And Ethical Challenges

GLOBALIZATION AND ECONOMIC DEVELOPMENT IN NIGERIA

GLOBALIZATION AND ECONOMIC DEVELOPMENT IN NIGERIA: A PHILOSOPHICAL ANALYSIS

ABSTRACT

Globalization and economic development in Nigeria is one of the results of colonialism. It widens the gap between the rich and the poor; hence it is force of inequality which enslave the African nations and it economy. Globalization is not a course in totality but it is relative on the impact it has for each economy, whether developed or underdeveloped since it opens an avenue for each Continue reading GLOBALIZATION AND ECONOMIC DEVELOPMENT IN NIGERIA

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