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Globalization and the Problems of SocioEconomic Development in Nigeria

Globalization and the Problems of Socio-Economic Development in Nigeria

Project / Seminar Material
Reference ID: PS-12558-TM

DEDICATION

This research material titled “Globalization and the Problems of Socio-Economic Development in Nigeria” is dedicated to God for his enabling grace, and to all computer enthusiasts who contributed to make life a pleasant experience during my research documentation.

ACKNOWLEDGEMENT

I extend my sincere gratitude to all those who contributed to the completion of this project. Special thanks to my Supervisor (Name of your Supervisor), the Head of Department (Name of your HOD), the Lecturers in the department of Political Science, Book Authors and Profound Scholars of existing or related project material on “Globalization and the Problems of Socio-Economic Development in Nigeria” for their invaluable guidance, support, and expertise throughout the journey.

I am also grateful to your study area (mention any funding organizations, if applicable) for their financial assistance. This research would not have been possible without the encouragement and assistance of some stakeholders (mention any mentors, teachers, or colleagues). Additionally, I would like to acknowledge the understanding and patience of my family and friends during this endeavor. Your unwavering support has been a constant source of motivation. Thank you all for being part of this meaningful endeavor.

TABLE OF CONTENTS

PRELIMINARY PAGES

CHAPTER ONE

INTRODUCTION

    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • ⋮
    • 2.4 Empirical Studies

    CHAPTER THREE

    RESEARCH METHODOLOGY

    • 3.1 Introduction
    • 3.2 Research Design
    • 3.3 Population of Study
    • 3.4 Sampling and Sampling Technique
    • 3.5 Validation of Research Instrument
    • 3.6 Method of Data Collection
    • 3.7 Method of Data Analysis
    • 3.8 Questionnaire Administration
    • 3.9 Ethical Consideration
    • 3.10 Statistical Analysis

    CHAPTER FOUR

    DATA ANALYSIS, RESULT AND DISCUSSION

    • 4.1 Introduction
    • 4.2 Presentation and Analysis of Data
    • 4.3 Re-statement of Research Questions
    • 4.4 Test of Hypotheses
    • 4.5 Discussion of Findings

    CHAPTER FIVE

    SUMMARY, CONCLUSION AND RECOMMENDATION

    • 5.1 Introduction
    • 5.2 Summary of Findings
    • 5.3 Conclusion
    • 5.4 Recommendation
    • 5.5 Suggestion for Further Study

    REFERENCES

    APPENDIX A - “QUESTIONNAIRE”

    ABSTRACT

    This study examined the globalization and the problems socio-economic development in Nigeria. The researcher therefore, reviewed the existing literature on the implications of globalization on the socio-economic development of Nigeria. Thus, the concept of globalization as well as some components of Nigerian’s developmental strides and its impact on the third world economy was critically examined. The study adopted ex post facto design utilizing qualitative method of data analysis. Dependency theory was adopted in the analysis of the study. The study concluded that if necessary measures are not put in place to ensure the attainment of self-reliance, Nigeria may be excluded in this process and globalization of poverty rather than prosperity and development will be the case for the country. Finally, based on determining implication of globalization on the Nigeria economy, recommendations on the development of Nigerian state to keep pace with globalization trend were highlighted, which includes self-reliance.

    Globalization and the Problems of Socio-Economic Development in Nigeria

    CHAPTER ONE

    Introduction

    1.1 Background to the Study

    The concept of globalization has taken a dynamic turn in the contemporary political discourse in Nigeria. It is described as the great economic event of our era. It is also because; it is now bringing unprecedented opportunities to billions of people throughout the world. The rapid growth of information technology and the increased global integration of trade and capital which have had profound consequence for the world economy are resulting into significant shift in the world economy (Francis, 2001). This is because, increasingly, major decisions around the world are given by global competitive pressure. The speed at which the effect of globalization is spreading is growing fast day by day and no nation can afford to be behind if such a nation is to maintain acceptable rate of growth and development (Peter; 2002). It is also observed by Bayo (2000) that the growing impact of two major distinct global trends, which has profound implication on the world economy, are rapid growth of information technology and the increased global trade integration. He notes that these trends are resulting in a significant shift in the world economy. Probably this is why Eduard (2002) notes that the people of the planet of the earth have become one large family. To him, information technology has advanced to a level of rendering distance irrelevant.

    Furthermore, he observed that the new epoch offers new challenges and new global problems, such environmental catastrophes, extinction of resources, blood conflict and poverty. The events in the last decade in the global economy suggest a challenge; the utilization of the opportunity engineered by globalization while at the same time managing the problem and tension it poses, for developing countries particularly Nigeria. While some individuals such as Dani (1999) David (1997) and Salimono (1999) opine that globalization opens opportunities, others such as Awake (2002) and Garry (1998) express fear about globalization. Probably it is fear anticipated by the people of the world that in December 1999, a meeting of the World Treaty Organization, held in Seattle, U.S.A was interrupted by riot. The demonstrators feared the effects of globalization on the people and on the planet. Since that time anti-globalization movements have spread across the globe. It is however observed that advocates of globalization have it that it is the panacea to most of the world problems.

    It is in the light of the above that this paper concentrates its effort on globalization and Nigerian development; identify the opportunities for wealth creation provided by globalization, as well as the problems and macro-economic volatility and instability in the income distribution and job security. It will go as far as probing on its impact in the Nigerian economy. To a large extent, this research will critical examine in holistic form its utopian formations on third world countries drawing a clear examples on the Nigerian state.

    …

    CHAPTER TWO

    2.0 Literature Review

    2.1 Introduction

    This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the …

    Summary Headlines for Globalization and the Problems of Socio-Economic Development in Nigeria



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