INTERNATIONAL TRADE AND GROWTH OF THE NIGERIAN ECONOMY

CHAPTER ONE INTRODUCTION   1.1 Background of the Study Starting from Adam Smith’s discussion on specialization and the extant of the market by international trade, to the debates about import substitution versus exported growth (growth based on exporting more goods and services), to recent work on increasing returns and endogenous growth models, there are increasing […]

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TRADE LIBERALIZATION-IMPLICATION FOR NIGERIA’S INDUSTRIAL GROWTH

CHAPTER ONE INTRODUCTION   1.1 Background of Study There has been a massive liberalization of world trade since 1950 following the establishment of General Agreement on Tariffs and Trade (GATT). Ever since, global economy has become much more interconnected especially, in recent decades. World trade has increased faster than world Gross Domestic Product (GDP) over the […]

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TRADE LIBERALIZATION, EXPORT PERFORMANCE AND ECONOMIC GROWTH IN ECOWAS

CHAPTER ONE INTRODUCTION 1.1       Background to the study There is scarcely any nation that can develop and grow in isolation. From colonial times to the present, nations and regions of the world have continued to collaborate with each other in the areas of trade, investments, science, technology, agriculture, health, education among others. They have […]

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NIGERIA’S MULTILATERAL TRADE RELATIONS WITH THE G8 ECONOMIES: A GRAVITY MODEL APPROACH

ABSTRACT It is an undeniable fact that trade has been facilitating growth and development of countries across the world. This underscores the recent upsurge in establishing multilateral trade relationship between Nigeria and other countries especially, the G8 member countries. While these realities are still contestable in terms of the potential benefits of the trade linkage […]

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ANALYSIS OF TRADE UNIONISM AND WAGE DETERMINATION IN NIGERIA

ABSTRACT  The purpose of this research work was to investigate the statement that workers who are unionized significantly earn higher wages than workers that are not unionized. It also assesses what factors encourage workers’ unionism. Union – nonunion wage differential (wage gap) and Oaxaca-Blinder decomposition technique were employed for the analysis while also controlling for […]

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