The Impact of Globalization on Nigeria’s Economy: The Case of the Agricultural Sector
Journal Title: Journal of Social Economics - Year 2014, Vol 2, Issue 1
Abstract
The study examines the impact of globalization on the Nigeria agricultural sector. Both primary and secondary data were collected and analyzed with non-paramedic chi-square and regression analysis. The findings confirm that globalization is a phenomenon, and of itself has no impact on the economy. The outcome of the present state of the Nigerian agricultural sector is an outcome of neglect on the side of government, investors and consumer alike. Globalization is a technological driven phenomenon, thus, the dearth of appropriate technology, infrastructural development and manpower are discovered as the major reason for the demand and supply gap that is complemented with imported food item. The study recommends the development of advance factors of production as supported by existing theories to tap the gains of globalization in the agricultural sector.
Authors and Affiliations
Tubo P. Okumoko
Keywords
Related Articles
- EP ID EP28654
- DOI -
- Views 278
- Downloads 7
Can a Postponed Retirement Solve the Financial Problem?
Many nations have been experiencing financial problems associated with their aging populations. These problems must be dealt with at both overall social and individual levels. Anyone who thinks retirement is a few deca...
Gender Equality: Judicial Framework and Protection at the EU Level
Gender equality is a very important issue related to EU social policy. So far, many directives have been adopted in the EU under three main approaches: equal treatment, positive action and gender mainstreaming. Looking...
The Impact of Globalization on Nigeria’s Economy: The Case of the Agricultural Sector
The study examines the impact of globalization on the Nigeria agricultural sector. Both primary and secondary data were collected and analyzed with non-paramedic chi-square and regression analysis. The findings confirm...
The Complementarity Analysis of Comparative Advantage of AddValue in Sino-Russian Sub-Sectors Based on Global Value Chain
Under the background of the intra-product specialization, the comparative advantage calculated by industry's total exports is different from which calculated by domestic add-value in exports. This paper proposes a nonco...
Impact of Job Stress between Teachers and Bankers
The basic purpose of this study is to examine the effect of job stress on bankers and teachers through different variables (job demand, employee satisfaction, emotional intelligence, work life balance). This research i...