THE IMPACT OF GLOBALIZATION ON THE INDUSTRIAL GROWTH OF NIGERIA (1980 - 2010)
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 65 pages | 1-5 chapters | Amount: ₦5,000 | 1 order. | Marked useful: 3,765 times
Delivery: Within 24 hoursABSTRACT
This study is meant to investigate the impact of globalization on the Industrial Growth of Nigeria covering the range of 31years (1980-2010). It is obvious that Nigeria as a country still depends on the importation of productive inputs despite all efforts to develop her local resources. Thus, the objective of this study is to determine the impact of globalization on the industrial growth of Nigeria. The study reveals that for Nigeria to benefit from globalization her productive capacity, economic structure, political stability, macroeconomic policy and technology should be enhanced. Since we found out that trade openness has a negative impact on industrial growth. Therefore, it should be handled with caution, policies should be directed to decrease trade openness, especially where Nigeria has a comparative advantage due to the fact that we have abundant labour, we should promote labour intensive method of production and export commodities to earn foreign currency for use in other sector. In that case, the government should take agriculture seriously and also encourage local producers by giving them incentives in the form of tax rebates.
CHAPTER ONE
1.1 BACKGROUND OF STUDY
Globalization has benefited the advanced countries at the expense of the less developed countries. To the Marxists, this is not surprising as they hold that globalization is a product of the capitalist. They argued that the capitalist system epitomizes exploitation, it involved class conflict and it is a system of unequal relation marked by an unequal exchange. It is a system where one group must benefit at the expense of the other. Thus globalization being of such a system is bound to be exploitative. Several scholars has traced the origins of globalization in modern times, others trace its history long before the European age of discovery to the new world. Some even trace the origins to the third millennium BCE. Since
the beginning of the 20th century, the pace of globalization has intensified at a rapid rate, especially during the post cold war era. The term globalization has being in use since the mid-1980’s and since the mid 1990’s.However, the main originators of globalization can be traced to the classical economists that showed that trade can be beneficial to their nation. Globalization developed through the
Pre-capitalist era to the period of industrial revolution in England and evolved into what we are seeing today.
This material content is developed to serve as a GUIDE for students to conduct academic research
Find What You Want By Category:
Delivery: Within 24 hours
Advertise Here
For advertisement, call 08168958821
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
EFFECT OF INFLATION ON SOCIOECONOMIC STATUS OF HOUSEHOLD IN NIGERIA
CHAPTER ONE INTRODUCTION Background of the Study Globally, high inflation continues to be a significant unresolved matter. It is a prominent concer...More »
Item Type: Project Material | 54 pages | 795 engagements |
- 2.
AN ASSESSMENT INTO THE EFFECT OF FEDERAL STUDENT LOAN DEFAULT RATES: IMPLICATION FOR THE NIGERIAN EC...
CHAPTER ONE INTRODUCTION Background of the study The higher education system in Nigeria has seen significant growth in recent decades, with a risin...More »
Item Type: Project Material | 54 pages | 703 engagements |
- 3.
AN EXAMINATION OF THE CAUSES AND EFFECTS OF ECONOMIC MELTDOWN IN NIGERIA (AN ASSESSMENT OF TINUBU AD...
CHAPTER ONE INTRODUCTION Background of the Study Economic meltdown, sometimes known as an economic crisis, can be described as a state of economic slo...More »
Item Type: Project Material | 54 pages | 1,157 engagements |
- 4.
AN EXAMINATION OF THE EFFECTS OF ECONOMIC STAGNATION ON NIGERIA ECONOMIC GROWTH AND DEVELOPMENT (A C...
CHAPTER ONE INTRODUCTION Background of the Study It is well acknowledged by all citizens that Nigeria and other countries are currently experiencing a...More »
Item Type: Project Material | 54 pages | 896 engagements |
- 5.
AN IN-DEPTH INVESTIGATION OF THE IMPLICATIONS OF ECONOMIC STAGNATION ON THE LIVELIHOOD OF RURAL DWEL...
AN IN DEPTH INVESTIGATION OF THE IMPLICATIONS OF ECONOMIC STAGNATION ON THE LIVELIHOOD OF RURAL DWELLERS CHAPTER ONE INTRODUCTION Background of the St...More »
Item Type: Project Material | 54 pages | 859 engagements |
- 6.
AN IN-DEPTH STUDY OF WIDESPREAD HARDSHIP IN NIGERIA(AN EXPERIENCE UNDER TINUBU ADMINISTRATION)
AN IN DEPTH STUDY OF WIDESPREAD HARDSHIP IN NIGERIA(AN EXPERIENCE UNDER TINUBU ADMINISTRATION) CHAPTER ONE INTRODUCTION Background of the Study The...More »
Item Type: Project Material | 54 pages | 977 engagements |