AN ANALYTICAL STUDY OF INTERNATIONAL TRADE AND POVERTY REDUCTION IN NIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
Abstract
Many developing countries are competing to attract foreign direct investment with a belief that it can be a tool for poverty reduction because it serves as supplements to domestic savings and it is often accompanied with technology and managerial skills which are indispensable in economic development. Foreign direct investment can contribute in significant ways to breaking of growth – poverty vicious circle and there lies Nigerian hope. The Nigeria government has opened several economic sectors to foreign investors and issued several investment incentives. Since the market oriented economic reforms took place in Nigeria emphasis has been given to attracting FDI. In this study, the relationship between FDI and poverty reduction is analyzed empirically. It is based on secondary data which was collected from the central Bank of Nigeria and the World Bank’s world development indicators. The period covered in the study is 1980-2012. The model was estimated using the Ordinary Least Square Estimation Approach. The results show that FDI has a positive but not significant impact on real per capita income and hence does have the potential of reducing poverty in the country. The insignificant impact on the Nigerian economy may be due to the under development of human capital, backward institutions, crowding out of domestic investment or other reasons which require further investigation, the fact that FDI does not have a significant impact on poverty reduction has an important implication for policy markers, especially trade and FDI policies must be checked in order to make FDI growth enhancing in Nigeria.
Related Project Materials
AN EVALUATION OF AUDITING AND ITS IMPORTANCE IN THE AUTHENTICATION OF FINANCIAL STATEMENT OF BUSINESS ORGANISATION IN NIGERIA
BACKGROUND OF STUDY
The notion of auditing data dates back to ancient times, with the oldest signs of i...
DEVELOPMENT OF ENHANCED BAYESIAN MODEL FOR DETECTION OF COVERT MEMBERS IN CRIMINAL NETWORKS USING TELECOMMUNICATION METADATA
ABSTRACT
Crime has become a global challenge in recent times. The phenomenon has become a difficult task that military war-fare approach...
NUTRITIONAL KNOWLEGDE AND PRACTICE AMONG EXPECTANT MOTHERS IN ONITSHA NORTH AND SOUTH LOCAL GOVERNMENT AREA OF ANAMBRA STATE
ABSTRACT
The interaction between a pregnant mother and her developing baby are numerous and varied ranging from the food...
THE ROLE OF BROADCAST JOURNALISM IN NIGERIA
EXCERPT FROM THE STUDY
A broadcast journalist must be aware of just about everything that is going on the world over. He...
PERFORMANCE MANAGEMENT, A NEW STRATEGY FOR IMPROVING PUBLIC SECTORS’ EFFECTIVENESS
ABSTRACT
Performance Management processes have become prominent in recent years as means of providing a more integrated and continuous ap...
THE EFFECT OF TAX REFORMS ON SMALL BUSINESS TAXATION IN NIGERIA
Abstract: THE EFFECT OF TAX REFORMS ON SMALL BUSINESS TAXATION IN NIGERIA
This research explores the effect of tax reforms on small busin...
FORENSIC ACCOUNTING AS A TOOL FOR FRAUD DETECTION AND PREVENTION
ABSTRACT
The study examines the effect of forensic accounting as a tool for fraud detection and prevent...
AN ASSESSMENT OF THE IMPACT OF DIRECT PRIMARIES ON INTERNAL DEMOCRACY OF POLITICAL PARTIES IN NIGERIA
Background to the Study
A cardinal principle on which democracy rests is popular mandate. It is the basis of representat...
SUSTAINABLE USE OF CALCIUM CARBIDE RESIDUE TO ENHANCE THE STRENGTH OF CEMENT STABILIZED CLAY SOIL IN ROAD CONSTRUCTION
ABSTRACT
Clayey soil collected along Gwagwalada – Garki road was characterized and classified as A-7-6 soil according to American A...
EFFECT OF SOCIAL SKILLS TRAINING AND VALUES CLARIFICATION COUNSELLING TECHNIQUES ON AGGRESSIVE BEHAVIOUR OF SENIOR SECONDARY SCHOOL STUDENTS
ABSTRACT
This study investigated the effect of social skills training and values clarification counselling techniques on aggressive behav...
