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" The impact of globalization on the Nigerian economy "


Document Type : Latin Dissertation
Language of Document : English
Record Number : 53403
Doc. No : TL23357
Call number : ‭3336742‬
Main Entry : Stanley E. Nnadi
Title & Author : The impact of globalization on the Nigerian economy\ Stanley E. Nnadi
College : Walden University
Date : 2008
Degree : Ph.D.
student score : 2008
Page No : 134
Abstract : Economic globalization impacts the development and sustainability of the Nigerian economy in many ways, and as a result of that influence, Nigeria had suffered from economic inequality, a massive social underclass, and inadequate development. The research problem addressed the effects of globalization and macroeconomic policies on employment, gender inequality, and poverty trends in Nigeria. The purpose of this study was to examine whether poverty, unemployment, and inequality in Nigeria could be attributed to globalization. The key research questions addressed the reasons for high unemployment, poverty, and inequality in Nigeria and why Nigeria was relatively less integrated in the world trading economy. The mixed methods research combined a qualitative case study coupled with interviews and quantitative analysis of archival economic data (1999-2006), survey questionnaires and secondary data. Multiple regression models were used to test the associations linking globalization with socioeconomic factors and yielded mixed results. Data was triangulated across qualitative and quantitative analyses that included f tests, t tests, and variance inflation control factor. Findings from this study indicated that globalization has significantly affected Nigeria's economic growth through the decline of global foreign direct investment. These results imply that the dominant economic policies of the country need to be changed if the problems of unemployment, poverty, and inequality are to be alleviated. Social changes will result when political leaders respect and respond to the needs of the Nigerian citizens by controlling governmental economic reform and implementing new programs that will ensure their citizens access to better health, education, and opportunities for success.
Subject : Social sciences; Management; Economics; Social structure; Studies; Nigeria; 0700:Social structure; 0501:Economics; 0454:Management
Added Entry : V. Black
Added Entry : Walden University
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