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Capital Accumulation And Economic Development In Nigeria
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Book Synopsis Financialisation, Capital Accumulation and Economic Development in Nigeria by : Ejike Udeogu
Download or read book Financialisation, Capital Accumulation and Economic Development in Nigeria written by Ejike Udeogu and published by Cambridge Scholars Publishing. This book was released on 2018-11-30 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: The inadequacies of many past studies that have tried to highlight the causes of the persistent underdevelopment in developing countries—such as Nigeria—have been noted to derive mainly from the focus and, in some cases, the methodologies adopted by the researchers. It has been suggested that, although many researchers recognize the inability to reproduce sufficient profit as undermining the capitalist accumulation process (and as a result the development of an economy), they have nevertheless often tended to ignore the importance of the political-economic arrangement and historical factors in the formation of expectations about the rate of profit. Indeed, in some cases, they have failed to provide a substantive account of these critical variables. This book highlights how the inherent contradictions of the contemporary political-economic arrangement and some historical factors undermined the peculiar capital accumulation processes in Nigeria, which, in turn, has slowed economic development in the country. This book contributes to the field of Nigeria studies by filling gaps that exist in both theoretical and empirical literature on growth and development in the country, deviating from the orthodox approach of analysing the nation’s problems purely based on the factors internal to the country and by imposing ready-made theoretical logics on history. Rather, it studies Nigeria’s problems in juxtaposition with the world system and imposes historical evidence on theoretical logics. This book represents a good resource for both undergraduate and postgraduate courses on area studies. Researchers and policy-makers will also find it useful as a reference.
Book Synopsis Capital Accumulation and Economic Development in Nigeria by : Michael Baghebo
Download or read book Capital Accumulation and Economic Development in Nigeria written by Michael Baghebo and published by LAP Lambert Academic Publishing. This book was released on 2013-01 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aggregate Economic performance in Nigeria for the past three decades had been poor and disappointing in contrast to the robust economic performance of other developing countries. For instance Nigeria's Real Per capita GDP in 1995 was 260 dollars almost the same as it was in 1972 despite huge investment in the private and public sectors of the economy while the Real Per capita GDP OF South Korea was 3,890 dollars in 1995. Nigerians are poorer today than they were in the 1960's and 1970.s. The study disaggregated capital accumulation into public, foreign and domestic private and empirically measure their impact on economic development and advise policy makers the sector to play leading role in the development process The study use time series data. Group unit root test was carried to ascertain the stationary status of the data in order to avoid spurious regression result. Co-integration and ECM test was also carried out. The result shows a significant positive contribution of Foreign private and positive but insignificant contribution of public and domestic private capital to economic development. The public, private sectors, undergraduate and graduate students are the target.
Book Synopsis Socio-economic Development in Nigeria by : Gesiye S. Angaye
Download or read book Socio-economic Development in Nigeria written by Gesiye S. Angaye and published by . This book was released on 1995 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Financialisation, Capital Accumulation and Economic Development by : Ejike Udeogu
Download or read book Financialisation, Capital Accumulation and Economic Development written by Ejike Udeogu and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Capital Accumulation and Technology Transfer by : D. Babatunde Thomas
Download or read book Capital Accumulation and Technology Transfer written by D. Babatunde Thomas and published by Greenwood. This book was released on 1975 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Revised thesis on the role of capital formation, savings and investment in increasing the capacity of Nigerian manufacturing for utilization of technology transfer - analyses processes of technological change in manufacturing, and covers indigenous choice of technology, ' learning by doing' (self help), etc. Bibliography pp. 147 to 152, references and statistical tables.
Book Synopsis Capital Accumulation and Economic Growth in Developing Africa by : Petr Ivanovich Polʹshikov
Download or read book Capital Accumulation and Economic Growth in Developing Africa written by Petr Ivanovich Polʹshikov and published by . This book was released on 1981 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Development Economics and Planning in Nigeria by : Ekpung Edame
Download or read book Development Economics and Planning in Nigeria written by Ekpung Edame and published by Harmony. This book was released on 2001 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economic Transformation in Nigeria by : Enwere Dike
Download or read book Economic Transformation in Nigeria written by Enwere Dike and published by . This book was released on 1991 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Foundations of an African Economy by : Ojetunji Aboyade
Download or read book Foundations of an African Economy written by Ojetunji Aboyade and published by New York : Praeger. This book was released on 1966 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria. Investment and its influence on economic growth. National level economic planning, the conflict of centralization versus decentralization, and social change. References. Bibliography pp. 291 to 366.
Book Synopsis Human Capital Accumulation and Economics Growth in Nigeria by : Saliu Adejare Rauff
Download or read book Human Capital Accumulation and Economics Growth in Nigeria written by Saliu Adejare Rauff and published by LAP Lambert Academic Publishing. This book was released on 2013 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sources of economic growth have variously been empirically analyzed. Traditionally, explanation of growth considered physical capital factors and then effective labour. In the past, much of the planning in Nigeria was centered on the accumulation of physical capital without recognition of the important role played, by human capital on rapid growth and development process. This informed the researcher to see how human capital accumulation affects growth in Nigeria. Answer was also sought to whether (or not) the level of education attainment significantly determine rate of economic growth. A number of estimation procedures were carried out. The data series were tested for stationarity using the Augmented Dickey-Fuller (ADF) test as the starting point to assess the order of integration with the aid of econometric views (E-view version 3.1) and two multiple regression models were estimated using ordinary least square method. Based on the findings of this study, physical capital, labour force and human capital were significant factors determine growth in Nigeria over time.
Book Synopsis Capital and the State in Nigeria by : John Ohiorhenuan
Download or read book Capital and the State in Nigeria written by John Ohiorhenuan and published by Praeger. This book was released on 1989 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since achieving independence in 1960, Nigeria has suffered through a civil war, the overthrow of elected governments in repeated military coups, and severe economic crises. This study looks at the country's economic development under these conditions and in light of Nigeria's status as a Third World nation with an economy largely dependent on foreign capital and international markets. Focusing on state economic policy, Ohiorhenuan assesses Nigeria's development as a dependent capitalist economy under military rule and identifies both the factors that promote this type of development and those that constrain it. After describing the country's current economic state, Ohiorhenuan discusses the relationship between economic dependency and capitalist development in Nigeria and then considers the economic policies of successive military regimes. Specific topics include the military's capital accumulation program and management of the economy, the restructuring of property rights, the critical role of Nigeria's oil surplus, and the government's attempts to control the organized working class. In a study of two types of collaboration between the state and transnational capital, Ohiorhenuan explores the limitations on direct governmental accumulation of capital. This systematic and incisive examination of Nigeria's political economy is a significant contribution to the understanding of Third World development processes. This book is a useful resource for policy research, studies or classes dealing with modern Africa, with Third World development, and international political economy.
Book Synopsis Economic Growth, Capital Accumulation, and Technological Progress :: Nigeria by : Enwere Dike
Download or read book Economic Growth, Capital Accumulation, and Technological Progress :: Nigeria written by Enwere Dike and published by . This book was released on 1983 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essential Economics of Growth and Development in Nigeria by : I. O. Imide
Download or read book Essential Economics of Growth and Development in Nigeria written by I. O. Imide and published by . This book was released on 2004 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Sources for Capital Formation for Economic Development in Nigeria by : Abai Njoku Abai
Download or read book Sources for Capital Formation for Economic Development in Nigeria written by Abai Njoku Abai and published by . This book was released on 1957 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Rekindling Investment for Economic Development in Nigeria by : Nigerian Economic Society. Annual Conference
Download or read book Rekindling Investment for Economic Development in Nigeria written by Nigerian Economic Society. Annual Conference and published by . This book was released on 1998 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Africa and the Global System of Capital Accumulation by : Emmanuel O Oritsejafor
Download or read book Africa and the Global System of Capital Accumulation written by Emmanuel O Oritsejafor and published by Routledge. This book was released on 2021-04-17 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa and the Global System of Capital Accumulation offers a groundbreaking analysis of the strategic role Africa plays in the global capitalist economy. The exploitation of Africa’s rich resources, as well as its labor, make it possible for major world powers to sustain their authority over their own middle-class populations while rewarding African collaborators in leadership positions for subjecting their populations into poverty and desperation. Middle-class obsessions such as computers, mobile phones, cars and the petroleum that fuels them, diamonds, chocolate – all of these products require African resources that are typically obtained by child or slave labor that helps to generate billionaires out of foreign investors while impoverishing most Africans. Oritsejafor and Cooper demonstrate that "primitive accumulation," believed by both Adam Smith and Karl Marx to be a process that precedes capitalism, is actually an integral part of capitalism. They also validate the thesis that capitalism incorporates racism as an organizing tool for the exploitation of labor in Africa and on a global scale. Case studies are presented on Nigeria, Cote d’Ivoire, Ghana, Liberia, Congo, Tanzania, Somalia, Angola, Namibia, Sao Tome and Principe, and South Sudan. There are also chapters analyzing the interests of Russia and China in Africa. This book will be of interest to students and scholars of African politics, development, and economics.
Book Synopsis Foreign Direct Investment. A Panacea to National Economic Development in Nigeria? by : Prince Eze Chidi Nwauba
Download or read book Foreign Direct Investment. A Panacea to National Economic Development in Nigeria? written by Prince Eze Chidi Nwauba and published by GRIN Verlag. This book was released on 2020-08-20 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Doctoral Thesis / Dissertation from the year 2016 in the subject Business economics - Investment and Finance, , course: Public Administration, language: English, abstract: The study examined foreign direct investment (FDI): a panacea to national economic development. The objectives set for the study are; to determine the causes of the Nigerian economic downturn, to ascertain the effects of foreign direct investment, to suggest measures that would be taken to accelerate the economic development of Nigeria. Primary and secondary data were used; the population of the study was 1200 from which the sample sizes of 400 were determined using Taro Yamani’s formula. The research instruments used were questionnaire and oral interview. The reliability of the research instruments was tested using Pearson Product moment correlation coefficient; the result gave a reliability index of 0.98 indicating a high degree of consistency. Chi-square and ANOVA approach were the statistical tools used. The findings from the study reveals that, decline in oil prices and revenue, increase government expenditure and decline in market indices are the challenges posed by economic downturn in Nigeria; consumption-based economy, poor savings, high credit culture and huge financial outflow are the causes of the economic crises in Nigeria; reduction in direct foreign investment and overseas development assistance are the effects of economic crisis to Nigeria and finally, diversification of the economy, robust regulatory policies and professional supervision to aid foreign direct investment in Nigeria. Based on the findings, the researcher made the following recommendation: Nigeria should adopt tough policy measures as effective strategies towards a comprehensive strengthening of the economy, government should ensure that policy recommendations are implemented in order to reposition the Nigerian economy against the impact of future economic downturn, government should create enabling environment to attract foreign investors in order to boost economic activities in the country. Finally, government needs to sincerely focus on developing/strengthening the economy and provide alternative sources of revenue on a sustained basis.
