The Global Economic Crisis and the Crises in the Nigerian Economy PDF Download

Author: Akpan Hogan Ekpo
Publisher:
ISBN:
Category : Global Financial Crisis, 2008-2009
Languages : en
Pages : 27

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Author: Jeremiah I. Dibua
Publisher: Routledge
ISBN: 1351152904
Category : Social Science
Languages : en
Pages : 359

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Book Description
In this book, Jeremiah I. Dibua challenges prevailing notions of Africa's development crisis by drawing attention to the role of modernization as a way of understanding the nature and dynamics of the crisis, and how to overcome the problem of underdevelopment. He specifically focuses on Nigeria and its development trajectory since it exemplifies the crisis of underdevelopment in the continent. He explores various theoretical and empirical issues involved in understanding the crisis, including state, class, gender and culture, often neglected in analysis, from an interdisciplinary, radical political economy perspective. This is the first book to adopt such an approach and to develop a new framework for analyzing Nigeria's and Africa's development crisis. It will influence the debate on the development dilemma of African and Third World societies and will be of interest to scholars and students of race and ethnicity, modern African history, class analysis, gender studies, and development studies.

Author: S. O. Akande
Publisher:
ISBN:
Category : Financial crises
Languages : en
Pages : 40

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Author: Alkasum Abba
Publisher:
ISBN:
Category : Nigeria
Languages : en
Pages : 224

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Author: Adebayo O. Olukoshi
Publisher:
ISBN:
Category : Industries
Languages : en
Pages : 214

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Book Description

Author: Leon-Manriquez, Jose Luis
Publisher: CODESRIA
ISBN: 2869786379
Category : Business & Economics
Languages : en
Pages : 358

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Book Description
This book is the outcome of a South-South conference jointly organized by the Asian Political and International Studies Association (APISA), the Latin American Council of Social Sciences (CLACSO) and the Council for the Development of Social Science Research in Africa (CODESRIA) in Dakar, Senegal, May 2012. The conference was organised in response to the financial crisis of 2008 which started in the United States and Europe, with reverberating effects on a global scale. Economic problems emanating from such crises usually leave major social and structural impacts on important sectors of the society internationally. They affect living standards and constrain the well-being of people, especially in poor countries. Persistent problems include high unemployment, increased debt and low growth in developed countries, as well as greater difficulties in accessing finance for investment in the developing world. There is a need for countries in the South to examine the available options for appropriate national and regional responses to the different problems emanating from the economic crisis. This book attempts to provide ideas on some strategic responses to the disastrous impact of the crisis, while keeping in mind the global common interest of the South. It is hoped that the book will contribute significantly towards the agenda to rethink development and the quest for alternative paradigms for a just, stable and equitable global political, economic and social system. A system in which Africa, Asia, and Latin America are emancipated from the shackles of hegemonic and anachronistic neoliberal dictates that have nothing more to offer than crises, vulnerabilities and dependency.

Author: Eric C. Eboh
Publisher:
ISBN: 9789783795532
Category : Global Financial Crisis, 2008-2009
Languages : en
Pages : 236

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Book Description

Author: Abdul Adamu
Publisher:
ISBN:
Category :
Languages : en
Pages : 13

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Book Description
The world economy is facing the most severe financial crisis since the Great Depression of the last century. The risk of global recession has heightened significantly and volatility of commodity prices, which is the mainstay of most developing countries like Nigeria, has increased further. If this situation continues to deteriorate, developing countries could be in great jeopardy. This study examined the influence of the Global Financial Crisis on Nigerian economy. It was discovered that the financial crisis will cause fall in commodity prices, decline in export, lower portfolio and FDI inflow, fall in equity market, decline in remittance from abroad etc. It was recommended that the federal government should come up with intervention policies that will minimize these effects and jump start the economy and that business operator should learn to do things using resources at their disposal to develop and expand at manageable level to stem the tide of the crisis.

Author: Babangida M. M.
Publisher:
ISBN:
Category :
Languages : en
Pages : 6

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Book Description
Objective - Crises have been a feature of the financial landscape for decades. The current global financial crisis is triggered by events in the United States, and rapidly engulfing the entire globe. Nigerian financial market being one of the emerging global markets have over the last four years witnessed some significant level of progress and stability in the form of recapitalization and consolidation of its financial institutions. These reforms though commendable, yet could not shield the banks and the entire economy from the global financial crisis. This study identifies the trends and implications of the global financial crisis on the Nigerian economy.Methodology/Technique - Descriptive analysis through secondary sources of data employed. A stratified sampling method adopted to select between the two strata that are the strongest and the weakest in terms of capital based. Four organizations were chosen from each stratum making eight banks and the Nigerian Stock Exchange (NSE) as the sample size of the study.Findings - This study identifies the trends and implications of the global financial crisis on the Nigerian economy. It was observed that Nigerian banks are open to global practices and business relationships with foreign banks that are badly affected by the crisis. While investors lose confidence in the Nigerian markets as stocks and oil fall drastically almost daily. This has almost resulted in drastic cut in the foreign capital inflow for the country.Novelty - Based on the above findings the study recommends that Nigerian government should diversify the economy by improving the state of infrastructure, intensify the war against corruption, propose bailout measures for privatized companies and ensure fair and sincere democracy.Type of Paper: Conceptual.

Author: Adedotun O. Phillips
Publisher:
ISBN:
Category : Nigeria
Languages : en
Pages : 32

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