The Impact of Globalization on Foreign Direct Investment in Nigeria

Adetiloye, K. A. and Olokoyo, F. O. (2007) The Impact of Globalization on Foreign Direct Investment in Nigeria. GLOBALIZATION REVIEW International Journal on Trade and Sustainable Development, 3 (1). ISSN 0794-2478

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Abstract

The globalization index released yearly, especially by A. T Kearney has become a very important measure of globalization for most countries of the world. Methodology of these indices includes economic variables which include Foreign Direct investment and Trade. We take a look at the index to see how Nigeria is faring in its efforts to attract Foreign Direct Investment to the countly and discover that the efforts are not yielding fruits. As it is, the world is becoming more globalized at faster rate than Nigeria is opening up. This discove1y suggest that the count1y would need to open up at a greater pace in order to attract the quantum of Foreign direct investment that would assist in developing the count1y at the required growth rate. Apart from this the obstacles that can prevent this are briefly discussed.

Item Type:	Article
Uncontrolled Keywords:	Economic Growth, Foreign direct investment, globalization, Multinational corporations
Subjects:	H Social Sciences > H Social Sciences (General)
Divisions:	Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User:	Mrs Hannah Akinwumi
Date Deposited:	30 Aug 2017 09:05
Last Modified:	30 Aug 2017 09:05
URI:	http://eprints.covenantuniversity.edu.ng/id/eprint/8987

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