An appraisal of economic integration and its influence on domestic labor standards: A study of the African Continental Free Trade Area in Rivers State
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style:
- Recommended for :
- NGN 5000
Background of the Study
Economic integration, particularly through multilateral agreements like the African Continental Free Trade Area (AfCFTA), has significant implications for domestic labor standards. In Rivers State, the AfCFTA seeks to harmonize trade policies across Africa, creating a unified market that promotes economic growth and development. However, such integration also poses challenges as it may pressure domestic industries to lower labor standards in order to remain competitive in a liberalized market. The interplay between economic integration and labor policy reform is complex, involving negotiations between governments, employers, and labor unions. This study explores how the AfCFTA influences domestic labor standards in Rivers State, examining both the opportunities for improved labor rights through increased bargaining power and the risks of downward pressure on wages and working conditions. By analyzing policy documents, labor market data, and case studies from local industries, the research seeks to provide a balanced assessment of the impact of economic integration on labor standards and to propose strategies for ensuring that labor rights are upheld in the context of greater economic openness (Adeyemi, 2023; Musa, 2024).
Statement of the problem
Economic integration under the AfCFTA, while fostering growth, has raised concerns about the erosion of domestic labor standards in Rivers State. The pressure to compete in a larger market may lead to compromises in worker rights, wage levels, and job security. This study aims to identify the specific mechanisms through which economic integration impacts labor standards and to examine the policy gaps that allow for such downward pressure, with the ultimate goal of recommending measures that protect workers’ rights while promoting economic integration (Adeyemi, 2023; Musa, 2024).
Objectives of the Study
To assess the influence of the AfCFTA on domestic labor standards in Rivers State.
To identify the risks and challenges posed by economic integration on labor rights.
To recommend policy interventions that ensure labor standards are maintained.
Research questions
How does economic integration under the AfCFTA affect labor standards in Rivers State?
What risks do domestic labor markets face due to increased economic competition?
What policy measures can protect labor rights amidst economic integration?
Significance of the Study
This study is significant as it addresses the critical balance between economic integration and labor protection. The findings will guide policymakers in Rivers State to develop strategies that promote economic growth without sacrificing labor standards, ensuring sustainable development (Musa, 2024).
Scope and Limitations of the Study
The study is limited to assessing the impact of the AfCFTA on domestic labor standards in Rivers State. It does not cover broader economic effects or labor issues in other regions.
Definitions of terms
Economic integration: The process of reducing barriers to trade and investment among countries.
Domestic labor standards: Regulations and practices that govern working conditions and worker rights within a country.
AfCFTA: The African Continental Free Trade Area, an agreement aimed at creating a single continental market.
Related Project Materials
THE IMPACT OF EFFECTIVE CONTRACT PLANNING ON CONTRACTORS PROFIT (A CASE STUDY OF JULIUS BERGER NIGERIA PLC, UYO)
ABSTRACT
Effective contract planning in construction projects is not only crucial to attainment ofproject objectives but...
The Effect of Substance Abuse on Psychiatric Morbidity Among Young Adults: A Case Study of Federal Neuropsychiatric Hospital, Sokoto State
Background of the Study
Substance abuse is a growing public health concern globally, contributing to a significant burden of psychiatric...
The Effect of Education Quality on Labor Market Outcomes in Nigeria
Background of the Study
Quality education plays a pivotal role in shaping labor market outcomes by equipping individuals w...
An investigation of farmer engagement strategies by rural banks: a case study of AB Microfinance Bank
Background of the Study
Farmer engagement is a critical component of successful rural banking, as it dire...
NURSES KNOWLEDGE AND AWARENESS ON THE USE OF ALTERNATIVE AND COMPLEMENTARY HEALING THERAPIES
EXCERPT FROM THE STUDY
The National Centre for Complementary and Alternative Medicine (NCCAM) (2018) de...
An investigation of strategic rebranding in investment banking: a case study of Wema Bank
Background of the Study
Strategic rebranding is an increasingly popular approach in investment banking aimed at revitalizi...
Investigation into AI-Based Digital Examination Proctoring in Abubakar Tafawa Balewa University, Bauchi, Bauchi State
Background of the Study
The integrity of examination systems in higher education is crucial for ensuring fair assessments and maintaining...
An assessment of the implementation of international human rights treaties in Nigeria using Maiduguri Metropolitan, Borno State.
Background of the Study:
Nigeria is a signatory to numerous international human rights treaties, including the Internationa...
FINANCIAL MANAGEMENT STRATEGIES IN THE HEALTHCARE INDUSTRY
Abstract: FINANCIAL MANAGEMENT STRATEGIES IN THE HEALTHCARE INDUSTRY
This research explores financial management strategies in the health...
The Effect of Nurse-Patient Ratio on Patient Safety in Yobe State Teaching Hospital
Background of the Study
The nurse-patient ratio is a critical factor in healthcare delivery and patient safety. A lower nurse-patient rat...
