THE EFFECT OF GLOBALIZATION ON ECONOMIC RECESSION IN NIGERIA: A CRITICAL ANALYSIS

Julius Bolade Anjorin (PhD)

Abstract


An analysis on the effect of globalization on economic recession depicting a case study of Buhari’s Administration is very timely.  The paper is aimed at finding out if Buhari is tackling his election promises looking at the current state of the economy. The methodology used was survey secondary data which included books, journals, articles, published works, E-library, bibliography etc.  The theoretical framework was dependency theory by Gunder Frank which postulates that the economies of the underdeveloped countries is dependent on the colonizers of the developing countries. The hypothesis for the study is hinged on the argument  that since our economy is dependent on the western Capitalist nations, there is no magic the President can perform to revamp the economy. We therefore, need to look inward and structure our economy ourselves along the line of sustainable development. The paper x-rayed the effect globalization has had on the Nigerian Economy and postulates that globalization might have done more harm than good in bettering the economy.


Full Text:

PDF

References


Adawo, M.A. (2003). Globalization and Africa’s Economic Development.

Ajuko S. (2003). Background to Globalization and Africa’s Economic Development Globalization and Africa’s Economic Development.

Clark, I. (1999). Globalization and International Relationship Theory Oxford: Oxford University Press.

Donfuwa, S. (2000). Measuring the Economic Impact of the Federal Government Budget Cambridge Press.

Echzona N. (1998). International Politics in the Post Cold war Era Akwa makes Publishers.

Ezeaku, L.C. (1997). Round up Economics for Senior Secondary Certificate Examination, Lagos: Longman.

Fukuyaina, F. (1992). The End of History and the Last man London: Hamish Hamiliton.

Kwanashie, M. (1999). Concepts and Dimensions of Globalization in Nigeria Economic Society Globalization and Nigeria Economic Development Ibadan NCS.

Maduinagu E. (1999). Globalization and its Victims’ in the Guardian Lagos Jilly 26.

Mitllemal, J. (2000). Globalization, Syndrome: Transformation and Resistance Panceton Princeton University Press.

Nabudera, D. (2000). Globalization, the African Rest Colonial State, Post Traditionalism and the View World Order in Drabudie.

Obadan M.I. (1997). “Globalization and Economic Management in Africa”, Globalization and African Economic Development.

Rugumanu S.M. (2001). Globalization and Africa’s Future. Towards Structural Stability, Integration and Sustainable Development: Zimbabwe: AJPS/OPS.


Refbacks

  • There are currently no refbacks.


 

 

 

 

ISSN (Print): 2276-8645

 

 

   

 

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.