GLOBALIZATION, MULTINATIONAL CORPORATION AND THE NIGERIAN ECONOMY: ARE THERE POLICY OPTIONS?

Date

2017-10-10

Journal Title

Journal ISSN

Volume Title

Publisher

Department of Political Science, Nasarawa State University Keffi

Abstract

The pei'vasive nature of globalization and the corresponding socio-economic impact of multinational corporations on the Nigerian Economy is germane to this paper. Unarguably, however, while it is a possibility that multinalism and globalism engender trade linkages, enhance information transfer and improve technology, etc; it is also important to stress that the same entrenches inequality, exploitation and eventually implant poverty in their host countries. The study submits that multinalism has changed the people's consumption pattern from African food to those of the imperialists. The paper concludes with policy statements by way of recommendations in order to leapfrog Nigeria's developmental agenda devoid of foreign incursion in the socio-economic and political scheme of things.

Description

Keywords

Globaliztion, Multinational Corporation, Economic Development, Consumer Behaviour.

Citation

Kigbu, Hafsat, Abudllahi, Mohammed Abdul & Erunke, Canice Esidence (2017) GLOBALIZATION, MULTINATIONAL CORPORATION AND THE NIGERIAN ECONOMY: ARE THERE POLICY OPTIONS?

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