External Trade and Economic Development in Nigeria

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (143 download)

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Book Synopsis External Trade and Economic Development in Nigeria by : Nigerian Economic Society. Conference

Download or read book External Trade and Economic Development in Nigeria written by Nigerian Economic Society. Conference and published by . This book was released on 1995 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Nigeria - U.S. Trade Relations in the Non-Oil Sector

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Publisher : Universal-Publishers
ISBN 13 : 1599427036
Total Pages : 199 pages
Book Rating : 4.5/5 (994 download)

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Book Synopsis Nigeria - U.S. Trade Relations in the Non-Oil Sector by : Gbadebo Olusegun Odularu

Download or read book Nigeria - U.S. Trade Relations in the Non-Oil Sector written by Gbadebo Olusegun Odularu and published by Universal-Publishers. This book was released on 2008-11 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: In as much as trade fosters economic development, it also exacerbates poverty, especially in the sub Saharan African (SSA) countries. Against this backdrop, this study will increase our understanding of the estimation of non-oil commodity trade flows between Nigeria and the U.S. More specifically, the study aims to analysing the impact of African Growth Opportunity Act (AGOA) on the U.S. imports of non-oil products from Nigeria. The research objectives are woven around the following questions: - What is the nature of Nigeria's and the U.S.'s foreign trade policies with particular reference to non-oil trade? - What are the patterns, magnitude, composition and trends in Nigeria-US non-oil trade? - Which economic sectors possess greatest potential for fostering trade in the non-oil sector between Nigeria and the U.S.? - What is the impact of AGOA on the diversification and growth of non-oil exports in Nigeria? This study adopts the difference-in-differences (DiD) as the research methodology. Within the Nigerian context, DiD intuitively compares the trends in imports of AGOA non-oil products before and after AGOA with the pattern of imports of non-AGOA non-oil products before and after AGOA, controlling for the timing of AGOA, import capacity and economic performance of both U.S. and Nigeria. Using the World Trade Organisation (WTO) Integrated Data Base (IDB), the empirical analysis reveals that AGOA non-oil products increased by as much as 182 percent with the implementation of AGOA, while the non-AGOA non-oil products fell by 76 percent. Conclusively, AGOA has had a considerably positive impact on the Nigerian non-oil sector at the general level. The policy implication of the empirical analysis is the need for the U.S. to expand the product coverage and opportunities of AGOA non-oil products in order for AGOA to achieve its objectives of using trade as a potent tool for promoting economic growth in SSA.

Socio-economic Development in Nigeria

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ISBN 13 :
Total Pages : 176 pages
Book Rating : 4.F/5 ( download)

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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:

Development Policy in an Open Economy

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ISBN 13 :
Total Pages : 220 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Development Policy in an Open Economy by : Anyaegbunam W. Obi

Download or read book Development Policy in an Open Economy written by Anyaegbunam W. Obi and published by . This book was released on 1991 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Balance of Payments Constrained Economic Growth in Nigeria

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Publisher : GRIN Verlag
ISBN 13 : 3656960356
Total Pages : 13 pages
Book Rating : 4.6/5 (569 download)

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Book Synopsis Balance of Payments Constrained Economic Growth in Nigeria by : Emmanuel Igbinoba

Download or read book Balance of Payments Constrained Economic Growth in Nigeria written by Emmanuel Igbinoba and published by GRIN Verlag. This book was released on 2015-05-13 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2014 in the subject Business economics - General, , language: English, abstract: This paper assesses the Thirwall's balance of payment(BOP) constrained model by applying it on the Nigerian economy and employing cointegration method to observe the relationship between economic growth and current account balance equilibrium. While extensive research study on economic growth concentrate on the neoclassical supply-oriented approach based on the production function and full employment, Harrod(1939) emphasized that demand generated growth determine long run economic growth and Thirwall developed a Keynesian perspective of the determinants of growth embedded on a dynamic version of the Harrod's foreign trade multiplier. Thirwall pinpoints the incapability of economic agents to increase aggregate demand indefinitely in open economies as justification for income growth differences across nations. The balance of payment constrained growth model states that a country's economic growth rate is constrained by the desire to generate foreign exchange and reiterate the function of demand as the motivation for domestic growth. This arises because growth in export and investment growth in import substitution are the only aspect of aggregate demand that can increase GDP growth and reduce foreign constraints. This implies that growth rate is constrained by the balance of payment as the economy cannot grow faster than what is consistent with the balance of payment equilibrium. The principle of this Keynesian demand side growth theory is that export capability and import attitude establish long run economic growth. Income derived from external trade constitute the principal medium to finance growing import due to a rise in domestic activities. This model differ from the supply induced growth models which evaluate economic growth by using factor inputs such as savings, human and physical capital, population growth and initial per capital GDP on economic growth. Reservations about the traditional growth models stem from the fact that the factor inputs have inconclusive roles in the growth process in developing countries. Also a lot of the neoclassical assumptions have been observed to be unapplicable in developing or transition economies. The balance of payment constrained model infer that economic growth are stimulated by demand factors and the main constraint on demand is the balance of payment.

Nigeria's International Economic Relations

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ISBN 13 :
Total Pages : 574 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Nigeria's International Economic Relations by : U. Joy Ogwu

Download or read book Nigeria's International Economic Relations written by U. Joy Ogwu and published by . This book was released on 1989 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Development and Foreign Policy in Nigeria

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Publisher :
ISBN 13 :
Total Pages : 294 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Economic Development and Foreign Policy in Nigeria by : Gabriel Olakunle Olusanya

Download or read book Economic Development and Foreign Policy in Nigeria written by Gabriel Olakunle Olusanya and published by . This book was released on 1988 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Implication of Big-push theory on Nigerian economic development

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Publisher : GRIN Verlag
ISBN 13 : 3346117197
Total Pages : 10 pages
Book Rating : 4.3/5 (461 download)

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Book Synopsis Implication of Big-push theory on Nigerian economic development by : Erhunse Confidence

Download or read book Implication of Big-push theory on Nigerian economic development written by Erhunse Confidence and published by GRIN Verlag. This book was released on 2020-02-19 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2020 in the subject Economics - Economic Cycle and Growth, grade: 4, Chukwuemeka Odumegwu Ojukwu University (Social Sciences), language: English, abstract: This paper examined the implication of Big-Push theory on Nigerian economic development. The theory provided an explanation of how developing countries can industrialize through broad-based investment and coordination. The paper looked at the meaning of Big-Push theory, assumptions and its implication on Nigeria economic development. If the need for a Big Push to survive in an economy that is open to international trade and capital movements, or if openness to trade and capital movements is sufficient to overcome all poverty traps, these questions have daunted development economics since its inception. The theory of the big push asserts that underdeveloped countries require large amounts of investments to come out of the problem of backwardness and launch policies for economic development. The logic behind this theory is that a programme of “bit-by-bit” investment will not have much impact on the process of growth and will only lead to a dissipation of resources. Policies designed to encourage the development of the Nigerian economy will need to be guided by the big-push theory.

The Development and Performance of Nigerian International Trade, 1860-1980

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Publisher :
ISBN 13 :
Total Pages : 380 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Development and Performance of Nigerian International Trade, 1860-1980 by : John Henry McCray

Download or read book The Development and Performance of Nigerian International Trade, 1860-1980 written by John Henry McCray and published by . This book was released on 1983 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Nigeria's Foreign Trade and Economic Growth, 1948-1964

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Publisher : Ibadan : Published for the Nigerian Institute of Social and Economic Research [by] University Press Limited,$c1982.
ISBN 13 : 9780195754605
Total Pages : 128 pages
Book Rating : 4.7/5 (546 download)

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Book Synopsis Nigeria's Foreign Trade and Economic Growth, 1948-1964 by : S. Olajuwon Olayide

Download or read book Nigeria's Foreign Trade and Economic Growth, 1948-1964 written by S. Olajuwon Olayide and published by Ibadan : Published for the Nigerian Institute of Social and Economic Research [by] University Press Limited,$c1982.. This book was released on 1982 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Influence of External Forces on Nigeria's Economic Security

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Publisher : GRIN Verlag
ISBN 13 : 3656138362
Total Pages : 25 pages
Book Rating : 4.6/5 (561 download)

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Book Synopsis Influence of External Forces on Nigeria's Economic Security by : Dahiru Rabe

Download or read book Influence of External Forces on Nigeria's Economic Security written by Dahiru Rabe and published by GRIN Verlag. This book was released on 2012-03 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scientific Essay from the year 2008 in the subject Politics - International Politics - Region: Africa, Ahmadu Bello University, language: English, abstract: ABSTRACT After about five decades of political independence, all efforts towards prosperous Nigeria were devastated by corruption, fraud, poverty, insecurity and primitive wealth accumulation. A lot is being said on the actual causes of the Nigeria's socio-political and economic predicaments especially in the wake of the present century. This paper explores and analyses the roles of the so-called 'United Nation Development partners' (the World Bank, the International Monetary Fund and the World Trade Organization) in making Nigeria one of the poorest and corrupt countries on earth. The paper also sheds more light on how the activities of these institutions pushed Nigeria into the "poverty-trap" which makes it difficult for the country to harness the vast human and material resources available for a common goal.

Trade Infrastructure and Economic Development

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Publisher : Routledge
ISBN 13 : 1136595759
Total Pages : 386 pages
Book Rating : 4.1/5 (365 download)

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Book Synopsis Trade Infrastructure and Economic Development by : David Olusanya Ajakaiye

Download or read book Trade Infrastructure and Economic Development written by David Olusanya Ajakaiye and published by Routledge. This book was released on 2012-03-12 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is growing consensus in the literature that trade and trade policy matter for a pro-poor growth and development strategy. Therefore, policies that are consistent with this strategy feature increasingly in many African countries where poverty is endemic and rapid and where sustainable economic growth is viewed as the major vehicle for poverty reduction. Key elements of these polices include measures that promote the expansion and diversification of production and trade in Africa. This book is aimed at articulating appropriate structural and policy measures for eliminating the constraints that African countries face and thus ensuring that they can derive maximum benefits from all available market access opportunities. There is evidence that most African countries face external market access barriers in their major export destinations which are generally less constraining than those confronting countries in other developing country regions. Yet, they have generally not been able to take full advantage of the special (preferential) market access opportunities available to them. This suggests that improved external market access, whether reciprocal or preferential, would not, by itself, be sufficient for strengthening African export performance. In this collection, export supply response capacity takes external (beyond-the-border) factors as given and concentrates primarily on the internal (behind-the-border) factors that influence production and distribution costs and, thus, competitiveness. The central working hypothesis of this book is that the inability of domestic producers and exporters in Africa to respond quickly, effectively and efficiently to external market access opportunities is caused by various limitations of their internal supply capacity and that this, in turn, is largely responsible for the lacklustre export performance of many African countries. This comprehensive study should be of interest to students and researchers of international trade and development economics as well as African studies.

Economic Co-operation Between Nigeria and the Socialist Countries of Eastern Europe

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Publisher :
ISBN 13 :
Total Pages : 228 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Economic Co-operation Between Nigeria and the Socialist Countries of Eastern Europe by : A. B. Akinyemi

Download or read book Economic Co-operation Between Nigeria and the Socialist Countries of Eastern Europe written by A. B. Akinyemi and published by . This book was released on 1986 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The economic Relations between China and Nigeria

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Publisher : GRIN Verlag
ISBN 13 : 3656341273
Total Pages : 132 pages
Book Rating : 4.6/5 (563 download)

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Book Synopsis The economic Relations between China and Nigeria by : Lawrence Okolo Abutu

Download or read book The economic Relations between China and Nigeria written by Lawrence Okolo Abutu and published by GRIN Verlag. This book was released on 2012-12-27 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2012 in the subject Politics - Region: Other States, grade: None, Xiamen University (Research School of South-east Asian Studies), course: International Relations, language: English, abstract: This paper examines China-Nigeria economic-political relations. On February 10, 1971 a historical stage was set between China and Nigeria, one of not only bilateral relations but of mutual respect for each other. Although this relationship dates back to more than three decades, recent developments call for a careful and detailed analysis of this union and to this end, i seek to provide analysis of the relationship with respect to investment, trade, aid, and economic cooperation. Recent developments in China and Nigeria relationship are not unconnected with the renewed ties between the two giants as Nigeria has become one of China's most important trading partners in Africa. The contemporary waves of diplomatic relations appear to a reasonable extent mutually beneficial. Nigeria’s quest for development with an aggressive campaign for FDI as one of the motivating forces has opened the economy which China is seen as an ideal business partner. Accordingly, this paper, through a critical review of the literature examines, and evaluates the opportunities and challenges abound in the nascent economic and trade relationships, and discusses the prospects of the deals for the Chinese, Nigerian, and African socio-economic growth. Key words: China, Nigeria, Economic-Political Relations, Trade, FDI

Strategic Policy Options for Bracing Nigeria for the Future of Trade

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Publisher : Springer Nature
ISBN 13 : 3030345521
Total Pages : 243 pages
Book Rating : 4.0/5 (33 download)

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Book Synopsis Strategic Policy Options for Bracing Nigeria for the Future of Trade by : Gbadebo Odularu

Download or read book Strategic Policy Options for Bracing Nigeria for the Future of Trade written by Gbadebo Odularu and published by Springer Nature. This book was released on 2020-01-28 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the fourth industrial era evolves, the role of blockchain technology, Artificial Intelligence (AI), and machine learning in transforming national commerce cannot be overemphasized, especially with the expansion of e-commerce in Africa. In other words, technological advancement and innovation are becoming essential to many aspects of Nigerian businesses, thereby considerably enhancing trade and productivity. This book provides a primer on the role that digital technology may play in Nigeria’s trade flows, and the implications for enabling an economy-wide deployment of digitization in trade facilitation. This book analyzes the importance of STI’s contributions to the Nigerian economy, focusing on the transition to digital solutions and their potential to significantly increase trade and commerce. Since AfCFTA’s 2018 launch, academic and political responses to the automation of business have increased. Further, business promotion, aid-for-trade, regional integration and trade facilitation issues are at the forefront of business development policy and intellectual discourse in Nigeria. This book details Nigeria’s business opportunities, capacities and challenges with a special interest in sustainably enhancing the nation’s business ecosystem in the digital age. Through the examination of trade facilitation policies, programs, tools, models and technologies, this book demonstrates Nigeria’s need for strategic public-private partnership in digital trade to foster a more sustainable business future.

Foreign Assistance and Economic Development

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Publisher :
ISBN 13 :
Total Pages : 114 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis Foreign Assistance and Economic Development by : Hollis Burnley Chenery

Download or read book Foreign Assistance and Economic Development written by Hollis Burnley Chenery and published by . This book was released on 1965 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Integrated Economics

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Publisher :
ISBN 13 :
Total Pages : 580 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Integrated Economics by : Ojetunji Aboyade

Download or read book Integrated Economics written by Ojetunji Aboyade and published by . This book was released on 1983 with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt: