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Globalization and Sustainable Development in Africa

Globalization and Sustainable Development in Africa
Author: Bessie House-Soremekun
Publisher: University Rochester Press
Total Pages: 488
Release: 2011
Genre: Business & Economics
ISBN: 1580463924

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The first comprehensive work on globalization within the context of sustainable development initiatives in Africa.


Perspectives on Nigeria's Economic Development Volume I

Perspectives on Nigeria's Economic Development Volume I
Author: Pascal G. Dozie
Publisher: African Books Collective
Total Pages: 384
Release: 2009-12-29
Genre: Business & Economics
ISBN: 9788431526

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In the chapters of this book which was first published in 1999, an attempt has been made to examine several aspects of the Nigerian banking and financial systems, capital market, economic development planning, budget and fiscal policy as well as the role of private sector in development. 32 chapters are included in seven parts which are entitled: The Way Forward; Planning and Economic Development; The Private Sector in Development; Issues on Budget and Fiscal Policy; The Nigerian Financial System; The Nigerian Banking System; and The Nigerian Capital Market.


Perspectives on Nigeria's Economic Development Volume II

Perspectives on Nigeria's Economic Development Volume II
Author: Pascal G. Dozie
Publisher: African Books Collective
Total Pages: 338
Release: 2012-12-19
Genre: Business & Economics
ISBN: 9788431534

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Nigeria has experienced significant economic progress since publication in 1999 of the first edition of Perspectives on Nigerian Economic Development. Two main drivers of this progress have been the beneficial return to democratic rule and the implementation of key economic reforms, particularly in pursuing external debt relief, implementing excess crude account to stabilize revenue volatility, introducing contributory pension schemes and taking steps to privatize key sectors such as telecommunications. This volume is focused on issues relating to good political and corporate governance and national development; budget and fiscal policy; the Nigerian financial and capital markets and banking. Part one deals with the issues of globalisation and how Nigeria can play in the emergent environment. Part two (Managing the Nigerian Economy), Part three (Strengthening the Nigerian Banking Sector and Part Four (Entrepreneurship and Corporate Governance) proffers ways and means of handling these intertwined aspects of national challenges. The final part - Key Sector Issues deals with three vital areas - Education, Transportation, and Oil and Gas.


Globalization and Economic Growth

Globalization and Economic Growth
Author: A. Maduka
Publisher:
Total Pages:
Release: 2017
Genre:
ISBN:

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Globalization has over the years been widely celebrated as one of the keys to economic growth and development. The international competitiveness resulting from the integration of the world into a global village has brought tremendous progress to the world economy. Regrettably, since the integration of the Nigerian economy into the global economy, the growth pattern of the economy has remained below expectation when compared with other countries of the world. This had in the recent time generated hearted debates among the Nigerian economic researchers on whether globalization is actually a key to economic growth. Thus, the study uses the contemporary econometric techniques of cointegration and error correction mechanism within the framework of the Pesaran et al. (2001) ARDL model to examine the impact of globalization on economic growth in Nigeria. Using annualized secondary time series data from 1970 to 2015, the study reveals that trade openness; financial integration and foreign direct investment have significant positive impact on economic growth in Nigeria. Thus, adequate mechanism should be put in place to ensure that globalization brings about the desired pace of economic growth.


Africa's New Public Policy

Africa's New Public Policy
Author: Edwin Okey Ijeoma
Publisher: African Books Collective
Total Pages: 154
Release: 2010
Genre: Political Science
ISBN: 0798302224

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Africaís New Public Policy: Imperatives for Globalisation and Nation-building provides a comprehensive analysis of globalisation and democracy, from an African perspective. It also provides policy imperatives that are aimed at seeking solutions to the myriad challenges emanating from managing the consequences of globalisation in Nigeria and other African countries. The author attempts to determine the extent to which public administration principles ñ in Nigeria in particular, and the rest of Africa in general, as well as in other parts of the developing world ñ underpin the management of the effects of globalisation within a democracy and nation building projects. Africaís New Public Policy will not only be a useful resource for public policy decision-making on globalisation issues, but it will also serve as a credible reference material for public sector practitioners, scholars in international relations, as well as officials involved in the diplomatic work environment. It also includes a comparative analysis on how Nigeria and South Africa have handled some of the globalisation and democratisation challenges facing their respective countries under the administrations of Presidents Obasanjo and Mbeki respectively.


Toward the Path of Economic Expansion in Nigeria

Toward the Path of Economic Expansion in Nigeria
Author: Udi Joshua
Publisher:
Total Pages:
Release: 2020
Genre:
ISBN:

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There are debates regarding the effect of globalization on national economies, and whether or not trade openness has a significant positive or negative influence on economic expansion and development. Thus, this study is aimed at investigating the relationship between trade globalization and Nigeria's economic advancement. The autoregressive distributed lags (ARDL) model was employed for the time series data: real GDP, openness, foreign direct investment and population growth over the period 1981-2017. The findings of this estimation revealed that population growth is significant but inhibitor of economic prosperity (real GDP) in the short-term. However, the significant and long-run determinants of the real GDP are population growth and trade openness but not foreign direct investment. Furthermore, the Granger Causality test revealed that real GDP granger causes population growth. The study therefore concluded that trade openness and globalization are necessary for Nigeria's economic expansion and development. Consequently, the study opined that the land border closure policy recently implemented by the Nigerian government might necessitate a significant reassessment so that the economic development projections of the country are not hindered.