ABSTRACT
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.
TABLE OF CONTENTS
Title page . . . . . . . . . . . . . . i
Approval page----------------------------------------------------------ii
Dedication---------------------------------------------------------------iii
Acknowledgement-----------------------------------------------------iv
Abstract-------------------------------------------------------------------v
Table of Contents-------------------------------------------------------vi
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.
TABLE OF CONTENTS
Title page . . . . . . . . . . . . . . i
Approval page----------------------------------------------------------ii
Dedication---------------------------------------------------------------iii
Acknowledgement-----------------------------------------------------iv
Abstract-------------------------------------------------------------------v
Table of Contents-------------------------------------------------------vi
CHAPTER ONE: INTRODUCTION
1.1 Background of study-- -- ---------------------------------------- 1
1.2 Statement of the Problem--------------------------------------- 3
1.3 Research question------------------------------------------------- 4
1.4 Objectives of the Study------------------------------------------- 4
1.5 Statement of Hypothesis----------------------------------------- 4
1.6 Scope of the Study------------------------------------------------ 4
1.1 Background of study-- -- ---------------------------------------- 1
1.2 Statement of the Problem--------------------------------------- 3
1.3 Research question------------------------------------------------- 4
1.4 Objectives of the Study------------------------------------------- 4
1.5 Statement of Hypothesis----------------------------------------- 4
1.6 Scope of the Study------------------------------------------------ 4
CHAPTER TWO: LITERATURE REVIEW
2.1 Theoretical literature Review----------------------------------- 5
2.1.2 Globalization and its Conceptual Usages------------------- 6
2.1.3 Empirical Literature---------------------------------------------7
2.1.4 Limitations of the Previous Study----------------------------9
2.1.5 Historical Perspective------------------------------------------10
2.1.6 Benefits of Globalization-------------------------------------- 12
2.1.7 Problems of Globalization-------------------------------------13
2.1.8 Effects of Globalization on the world Economy-----------15
2.1.9 Effects of globalization on Nigerian industry---------------16
2.1.10 Globalization and the Nigeria Economy--------------------18
2.1 Theoretical literature Review----------------------------------- 5
2.1.2 Globalization and its Conceptual Usages------------------- 6
2.1.3 Empirical Literature---------------------------------------------7
2.1.4 Limitations of the Previous Study----------------------------9
2.1.5 Historical Perspective------------------------------------------10
2.1.6 Benefits of Globalization-------------------------------------- 12
2.1.7 Problems of Globalization-------------------------------------13
2.1.8 Effects of Globalization on the world Economy-----------15
2.1.9 Effects of globalization on Nigerian industry---------------16
2.1.10 Globalization and the Nigeria Economy--------------------18
CHAPTER THREE: METHODOLOGY
3.1 Research Methodology--------------------------------------------20
3.2 Frame work of the Model-----------------------------------------20
3.3 Model Specification-------------------------------------------------21
3.4 Method of Evaluating of Results----------------------------------22
3.5 Data Required Sources---------------------------------------------24
3.1 Research Methodology--------------------------------------------20
3.2 Frame work of the Model-----------------------------------------20
3.3 Model Specification-------------------------------------------------21
3.4 Method of Evaluating of Results----------------------------------22
3.5 Data Required Sources---------------------------------------------24
CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS
4.1 Regression Results-----------------------------------------25
4.2 Evaluation of Regression Results------------------------26
4.3 Economic criteria------------------------------------------ 30
4.1 Regression Results-----------------------------------------25
4.2 Evaluation of Regression Results------------------------26
4.3 Economic criteria------------------------------------------ 30
CHAPTER FIVE: SUMMARY, POLICY RECOMMENDATION
AND CONCLUSION
5.1 Summary of Findings-----------------------------------------35
5.2 Policy Recommendation-------------------------------------37
5.3 Conclusion------------------------------------------------------38
Bibliography-------------------------------------------------------- 40
APPENDIX----------------------------------------------------------- 41
AND CONCLUSION
5.1 Summary of Findings-----------------------------------------35
5.2 Policy Recommendation-------------------------------------37
5.3 Conclusion------------------------------------------------------38
Bibliography-------------------------------------------------------- 40
APPENDIX----------------------------------------------------------- 41
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(2016, 02). The Impact Of Globalization On The Industrial Growth Of Nigeria.. ProjectStoc.com. Retrieved 02, 2016, from https://projectstoc.com/read/7162/the-impact-of-globalization-on-the-industrial-growth-of-nigeria-8452
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"The Impact Of Globalization On The Industrial Growth Of Nigeria.." ProjectStoc.com. 02, 2016. Accessed 02, 2016. https://projectstoc.com/read/7162/the-impact-of-globalization-on-the-industrial-growth-of-nigeria-8452.
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