Globalization is said to be a hallmark for modern economic growth and development. Since 1970, the volume of world trade has grown by around 7% yearly. The Nigerian industrial sector after experiencing boom in the first two decades after Nigeria’s independence, has suffered from low productivity afterwards. Therefore, this study examined the impact of globalization on Nigeria industrial sector performance from 1986 – 2017. The study utilized secondary data from the Central Bank Statistical Bulletin (CBN), and National Bureau of Statistics (NBS). The data were analyzed using Ordinary Least Squares (OLS), Error Correction Model, ADF Unit root test, Johansen Co-integration test, Cholesky variance decomposition test. The findings of this study show that “free-trade” which came as a result of globalization has a not impacted Nigeria industrial output enough to trigger economic growth and also, that Nigeria depends so much on imported products which have made the industrial sector weak and unable to compete with her foreign counterparts. The study also revealed that globalization has led to the stagnation of Nigeria’s Manufacturing index. This implies that the cost of globalization for Nigeria have outweighed its benefits, hence; the study concluded that globalization has done more harm than good to Nigerian economy. The study recommends that Nigeria should put in place an industrial policy which should create enabling business environment within the country by providing incentives to manufacturers, ensuring regular and uninterrupted power supply as well as promoting agriculture.
Citation: Ebele Stella Nwokoye, Stephen M. Chukwuka, Akpoghelie Oghenekome Emmanuel and Ebuwa Emmanuel Ikemefuna (2022) Globalization and the Industrial Sector Performance: The Nigeria Experience, International Journal of Development and Economic Sustainability, Vol.10, No.3, pp.1-18
Analysis of the Role of Culture and Globalization in Consumer Awareness and their Impact on Income and Family: An Analytical Statistical Study (Published)
Citation: Basel M. Al-Eideh and Raed A. Al-Husain (2022) Analysis of the Role of Culture and Globalization in Consumer Awareness and their Impact on Income and Family: An Analytical Statistical Study, European Journal of Business and Innovation Research, Vol.10, No.1, pp. 34-66
Abstract: successful ways to develop guiding policies and achieve consumer protection. A special questionnaire was prepared specifically for this purpose and completed by a random sample of students, and appropriate statistical analysis was used to study these objectives. Consequently, some proper suggestions and recommendations were identified to achieve the desired objectives of this research.
Amitav Ghosh’s “history” is a threshold in Re-Constructing National and Cultural Identity: A Study (Published)
As is well-known, history is often shaped by the socio-political perspectives of the Colonizers and therefore, the narratives generated by colonial history must utilize both the author’s imagination and empirical or factual research to create a broader view of historical reality. Amitav Ghosh, one of the most promising Indian writers writing in English has amazingly blended “history” with fiction which is profoundly attached to the re-construction of identity of the people in our postcolonial world. Indeed, one of the important concerns of historical reconstruction in modern third world literature is re-imagining the cultural cartography through the re-formation of national and cultural identities in the wake of emerging nation-states in the post imperial era. This paper clearly indicates how colonial history is incisively connected to the question of reforming national and cultural identity in today’s postcolonial reality.
Regional Integration and Brexit: Between Economic Nationalism and Economic Internationalism (Published)
The broad objective of this paper is to examine the theoretical justification for the exit of Britain from the European Union in 2016. It agrees that despite the fact that a nation can hardly exist in isolation, it may opt out from an integrating system when the wellbeing of its nationhood is threatened or jettisoned for supra-territorial interest. In furthering this objective, the paper employs the content analysis method to determine whether the duo of economic nationalism and economic internationalism underscore albeit, theoretically, the action of Britain to exit the European Union after the referendum in June, 2016. Part of the findings of the paper show that issues of immigration, underemployment, tax evasion and high support levy for the European Union were chief in undermining the economic prosperity of the Britain and hence the call for referendum. The paper amongst others recommends that the United Kingdom can open its trade policy unilaterally to all countries after exiting the EU, implement deregulation policy at home and negotiate a free trade agreement with the EU.
The Impact of Information Communication Technology on Small and Medium Scale Enterprises in Nigeria (Published)
Today we live in an information society in which more people must manage more information, which in turn requires more technological support, which both demands and creates more information. Electronic technology and information are mutually reinforcing phenomena, and one of the key aspects of living in the information society is the growing level of interactions we have with this complex and increasingly electronic environment. The general consequence is that we deal with large volumes of information, new forms and aggregations of information, and new tools for working with information. These new tools we use to manage information at corporate, governmental and societal level are tools we must learn to use, pay for, and maintain. The primary tool of the information society is the computer. Microprocessors are used to improve the performance of other technologies, and computers are increasingly used to control and integrate other kinds of information technology (e.g. TV, radio, telephones).
Social Media and Effective Public Relations Practice in Nigeria: Implications, Challenges and Strategies (Published)
Since the advent of the social media, pundits have been arguing over its impact on public relations (PR) practice. While some believe that the profession is heading to the grave, others posit that social media actually facilitate and catalyze PR work. This paper is of the position that the prediction of ‘death’ for PR is a metaphor describing of the consequence of the failure to adopt new methods of PR engagement in a social media era. Drawing evidence from extant literature, the paper scrutinizes the ambiguities surrounding the conceptions of ‘new’ and ‘social’ media, and explores the boundaries of PR influence in a digitized media space. Through the lens of ‘Social Construction Theory’ and the ‘Impression Management Theory’, the essay examines the implications and challenges of social media adaptation, for PR practice in a developing country like Nigeria. It interrogates the impact of the organic social media conversations on brand perception and offers recommendations for optimizing the use of media tools for PR purposes.
A fundamental shift in economic policy in Nigeria is the focus on a market driven economy and the diversification of the revenue source expressed in the quest and solicitation for foreign direct investment (FDI) and entails a private sector-led growth strategy with foreign investors as its focal target. In order to attract the necessary foreign investments, Nigeria has increased efforts at liberalizing foreign investment entry through policies and statutes to reinvigorate the investment architecture. This paper examines the statutory framework for FDI to ascertain if the depth and pith inures for a sustained and profitable foreign investment inflow. The paper finds that inflow of foreign investment into Nigeria is impacted negatively by uncompetitive investment legislations. It recommends that the laws governing foreign direct investor be reviewed to provide for a wider platform for dispute resolution and investor confidence in the areas of implementation, compliance and supervision to assure their competitiveness.
Field Experience of Agricultural Communication Methods and Attitudes toward the New Trends in Extension in Syria (Published)
The role of agricultural extension has always been a hot topic and under debate for all agricultural specialists, simply because of its vital role in implementing the agricultural policies and rural development, because it is the linkage between the rural community and the organizations involved in rural development and agricultural sector in both farming and non-farming perspectives.
This research is divided to two basic sections; each is divided to two sub-categories as follows:
- The first part is dedicated to communication methods
- The second part is dedicated to new trends in global economy in terms of its influence on agriculture and rural development.
The main findings of this research are: Extension staff lacks to sufficient training qualitatively and quantitatively with social and economic constraints, which makes a reform of the current system is a must to overcome insufficiencies in different areas.
Business environment has been a vital factor to consider in evaluating SMEs survival and growth in the highly competitive and globalized world. The objective of the paper was to assess literature on the effect of environment and globalization on small and medium scale enterprises in Nigeria. Based on the assessment of the literature reviewed, the paper concludes that the Nigerian SMEs has no capacity to compete with foreign manufacturers, due to a number of benefits they enjoy in their home countries that are absent in Nigeria. Foreign manufactured goods are of better quality and are produced at lower cost when compared with cost of production of goods by the Nigerian SMEs. In addition, the Nigerian business environment is not stable; infrastructure decay, policy fluctuation, high cost of doing business, endemic corruption in governance, high interest rate, high taste for imported goods, galloping inflation, insecurity and porous border and multiple tax system, are among problems of SMEs development in Nigeria. The paper recommends that to benefit from the inevitable globalization by the Nigerian SMEs, efforts should be made by the Nigerian government and SMEs to creating favourable business environment that is devoid of high cost of production; good policy to protect and encourage SMEs; favourable economic policies that will encourage local goods patronage; regulation of interest rate to single digit; adequate security, harmonization of tax system to avoid multiplicity, and so forth in Nigeria.
Investigating Local Consumption Cultures and the Global Commodity: Ethnography of Local Culture In The Face of the Gobal In Baneh (Published)
The present research attempts to investigate local consumption cultures and the Global Commodity: Ethnography of Local Culture in the face of The Global in Baneh. Theoretically, the present paper in the frame work of consumption culture theories argues that the face of The Global should be understood in association with identity, Global Neo liberal market and collective ideology. In this research fifteen subjects with approach of participated observation were officially interviewed. As the result it can be concluded that local consumption cultures have the most influence on the market ideology and advertisement mechanism therefore, the role of religion and national features is less effective. The Global which includes particular meanings has the ability to get the satisfaction of consumers in various subculture: thus, the commodity has been successful in corresponding with self-embedded meaning and consumer interest. Local culture commence to accept the logic of market rationalization and follow its rules and in different cases, it has the capability to produce and adjust its commodity with harmonized logic. Local- traditional and Global relationships are continuing to survive: Even tough, market-based rational and logical rules are dominant on relationship form which organize local contents. Marketization and commercialization of public and private sector as well as the local people is a growing process that has involved everyone which result in moral reactions and adopting striking identity strategies.
: This literature review aims to understand transformational leadership as a theory and its application, especially in the field of education. This study reviews nine qualitative works on the use of transformational leadership theory in education and identifies three major themes: 1.) globalization and multiculturalism, 2.) behaviour and preparedness, and 3.) achievement. In reviewing these works, the authors focus on how transformational leadership influences the behaviour and practice of leaders in an effort to improve student achievement. The authors also examine limitations to the application of transformational leadership. Ultimately, the researchers determine that transformational leadership requires leaders to demonstrate specific skills focused on the equitable implementation of major reforms.
Impact of Globalization on Pakistani Norms (Published)
Globalization conveyed new difficulties to Pakistani society. This is especially valid in innovation and association. The electronic and print media are at the administration of those endeavoring to bulldoze nearby culture and qualities. Due to this changing society we are confronting issues in our homes with respect to our kids training, step by step increment, aggressive behavior at home and awful demeanor of females. These are genuine issues, for Pakistan, as well as for humankind on the loose. The drawback of globalization is in this manner a wellspring of genuine test for Pakistan.
Methodological approaches and efforts towards attainment of excellence in higher education, as the most powerful instrument for social and economic advancement, are undergoing major changes technologically and otherwise. For the university to play a leading role in the ever-changing world of globalization, internationalization, and digitalization; the university curriculum must necessarily be adapted to suit the Revolutionary Information Age that we live in. Learning Management Systems (LMSs) are used all over Higher Education Institutions (HEI) in Europe, North America, South America, Asia, Oceania, and most countries in Africa for the purpose. The need to acquire, know, understand, and actually use LMS in the Third World countries as in the Developed World has arisen and is rapidly increasing aggressively in today’s ever-changing globalized digital knowledge economy. Unfortunately however, LMS is not yet in use in any of the universities in Nigeria as a function of lack of information about how LMSs are being used, where and how to acquire LMSs, and which LMSs are the most adopted elsewhere in the world. This research aimed at, and provided the requisite information for universities to easily acquire, develop and use LMSs for effective delivery of higher education to meet the internationalization and globalization needs of the Revolutionary Information Age
Keywords: Adaptation, Changing world, Excellence in higher education, Globalization, Internationalization, LMS, LMSs, Learning Management System, List of top LMSs, Revolutionary Information Age, University curriculum
That globalization has made different social, religious and mental character emergencies including social government and pluralism, changes conventional social structure, consolation of secularization, decrease in social solidarity and making many-sided quality in social relations. Governments must acknowledge pets as monetary experts either alterable or enabling ones in building such creative establishment. Moreover to do accordingly, they have to appreciate, control and possibly facilitate with the decision making elites. Information advancement has energized and enlivened the globalization of business. The entire time it has raised new issues or old issues in new ways.
The aim of this paper is to explore the required e-skill qualities for global HR leaders in emerging markets. The paper will analyze the impact of globalization on e-leadership skills, and will serve as the foundations for curriculum development, courses, workshops, and business practices related to leadership and human development.Secondary resources and research findings will be the main sources of data collection and analysis that determines the most important qualities and skills of e-leadership.The paper explores the most recent academic research on globalization and its impact on organization competitiveness in global environment. Globalization has a significant effect on economic volatility, culture, technology, and brings the biggest opportunities and challenges facing HR leaders in a multicultural environment. Global companies need to develop competencies framework and awareness of the new technology and social media to increase their competitive advantage through human capital.
Rural-Urban Issues and Human Capacity Building in an Era of Globalization: The Third World Perspective (Published)
This study examined the nexus between rural-urban issues and Human Capacity Building. In today’s globalizing world, the issue of human capacity building is very imperative more than ever before. Any country desirous of being relevant in the contemporary world cannot afford to toy with the issue of human capacity building. The high level of competition in the world makes it very inevitable for countries particularly those of the third world to take the issue of Human capacity building seriously because they would lag behind in the scheme of things and would not have anything to offer both at the local and international arena. This situation has brought about a situation whereby countries have been in search of various ways of boosting the human capacity in their various countries. In this endeavour much emphasis is placed on rural –urban issues. It is against this backdrop that this study is embarked upon to interrogate the role of rural-urban issues in human capacity building. Rural-urban migration simply means the movement of people particularly those within the labour force from the rural areas to the urban areas in search of greener pastures. Most times these set of people move to the urban areas to discover there is little or nothing for them to do and in most cases rendered redundant. As they depart the rural areas, they get the rural areas depleted of human resource that could have exploited and tapped the natural resources that abound there. This scenario to a very large extent would negatively affect the country’s development. It is against this backdrop that this study is designed to look for ways of ensuring the building of the human capacity through policies that could bring about the reduction or halting of rural-urban migration. This study is qualitative in nature hence data for the study were sourced through secondary means. Conflict theory was used as a theoretical framework.
Internet is a new technology in Nigeria that is desirable to be used among secondary school students. Students are in love with internet because any kind of information on any topic is available on the internet. With fast and vast information exchange occasioned by globalization, efforts are being made towards providing caution on students’ use of Information Communication Technology (ICT) and internet in particular. This study aims at analyzing the use of internet among secondary school students in Nigeria. The paper discusses the following correlates – internet as a concept, characteristics of secondary school students, problems of adolescents, positive and negative effects of internet use among students and the strategies to reduce the negative effects of internet use.
The style of information dissemination throughout the world this time has made the word globalization a common process of bringing the whole world together. As it stands now the information of any event at any part of the world gets to Nigeria or any other part of the world in a very short time. Therefore globalization has come to improve the process of communication and advancement in technology. The fast movements of goods and services, economic liberalism, scientific inventions and discoveries have reduced the large world to a global village. Nigeria as a developing country cannot shy away from globalization, since the country has been exposed to both the negative and positive effects of globalization. The objective of this article is to identify the effects of globalization on the Nigerian youths and the economy. It recognized the good opportunities of globalization, and suggests ways of eliminating the negative effects of globalization. The author reviewed existing literatures on the concepts of globalization and development
Assessing the Impact of Information and Communication Technology (ICT) On the Performance of Freight Distribution (Published)
The application and development of Information and Communication Technologies (ICT) have already had significant effects on many industries, especially in the field of freight distribution. This paper examines the impact of ICT on the performance of freight distribution in terms of supply chain, logistics and fleet management. A survey was conducted to 77 ICT users from 22 companies consisting of 6 manufacturers, 5 third part logistics, 4 freight forwarders, 5 warehouse operators, 8 wholesalers and retailers. A descriptive statistical analysis was used to analysis the data obtained. One of the major findings of the research is the impact level of ICT use by Freight industries in Lagos and Ogun State which falls into moderate impact on their performance as majority of them only use the low technology for information gathering. It was discovered that the major barrier to use of ICT is the acquisition cost. Government needs to promote a sharing of knowledge about the use and the role of ICT in logistics with logistics firms by facilitating a demonstration of technology solution and expand innovative public and private financing methods in generating finance and building skills for the development of ICT capacity
Globalization has become an irrestible phenomenon. Virtually all aspects of human life, however remote are now affected by globalization. The Nigerian film industry has equally been affected. The effect of globalization on Nollywood can be noticed in various ways. One of these is the attempt by the industry to take its place on the global plane. The concern, however, is the kind of image Nollywood is attempting to create for Nigeria. This paper finds that, so far, Nollywood has not been able to establish the kind of identity by which the ordinary Nigerian can be identified. The paper therefore suggests some values, attitudes and cultural practices that Nollywood can emphasize as a means of establishing an identity for Nigeria as a nation, in the quest of carving a niche for itself on the global plane.