EBookClubs

Read Books & Download eBooks Full Online

EBookClubs

Read Books & Download eBooks Full Online

Book Foreign Direct Investment  A Panacea to National Economic Development in Nigeria

Download or read book Foreign Direct Investment A Panacea to National Economic Development in Nigeria written by Prince Eze Chidi Nwauba and published by GRIN Verlag. This book was released on 2020-08-20 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Doctoral Thesis / Dissertation from the year 2016 in the subject Business economics - Investment and Finance, , course: Public Administration, language: English, abstract: The study examined foreign direct investment (FDI): a panacea to national economic development. The objectives set for the study are; to determine the causes of the Nigerian economic downturn, to ascertain the effects of foreign direct investment, to suggest measures that would be taken to accelerate the economic development of Nigeria. Primary and secondary data were used; the population of the study was 1200 from which the sample sizes of 400 were determined using Taro Yamani’s formula. The research instruments used were questionnaire and oral interview. The reliability of the research instruments was tested using Pearson Product moment correlation coefficient; the result gave a reliability index of 0.98 indicating a high degree of consistency. Chi-square and ANOVA approach were the statistical tools used. The findings from the study reveals that, decline in oil prices and revenue, increase government expenditure and decline in market indices are the challenges posed by economic downturn in Nigeria; consumption-based economy, poor savings, high credit culture and huge financial outflow are the causes of the economic crises in Nigeria; reduction in direct foreign investment and overseas development assistance are the effects of economic crisis to Nigeria and finally, diversification of the economy, robust regulatory policies and professional supervision to aid foreign direct investment in Nigeria. Based on the findings, the researcher made the following recommendation: Nigeria should adopt tough policy measures as effective strategies towards a comprehensive strengthening of the economy, government should ensure that policy recommendations are implemented in order to reposition the Nigerian economy against the impact of future economic downturn, government should create enabling environment to attract foreign investors in order to boost economic activities in the country. Finally, government needs to sincerely focus on developing/strengthening the economy and provide alternative sources of revenue on a sustained basis.

Book Privatization and Foreign Investments in Nigeria

Download or read book Privatization and Foreign Investments in Nigeria written by Lawrence Okechukwu Azubuike and published by Universal-Publishers. This book was released on 2009 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria's political economy has straddled the ideological divide between socialism and capitalism. The country produces oil, and at some point in its existence, it embarked on robust state involvement in the economy. This was marked by the acquisition, or establishment, of numerous state enterprises. Over the years, the performance of these enterprises was found to be dismal, and as part of the overall reform of the economy, Nigeria has joined the global trend toward reduction in direct state ownership of enterprises. Indeed, it has embarked on massive divestment of state interests in once publicly owned firms. Besides the universal rationale of efficiency, one of the objectives of the privatization exercise in Nigeria is the attraction and retention of foreign investments. This work examines the direct and indirect linkage between the government's divestiture of its interests in firms, on the one hand, and foreign investments in the country, on the other hand. The book is divided into seven chapters. Chapter 1 reviews the political and economic history of Nigeria, to set the background and context that necessitated the introduction of the reform package of which privatization is just an aspect. Chapter 2 is a discussion of various natures of state involvement in an economy. This ranges from mere regulation to active participation. The chapter discusses the competing conceptual and ideological theories and tries to situate the Nigerian experience within the broader conceptual dichotomies of capitalism, socialism and the via media of mixed economy. Chapter 3 is an examination of the meaning and rationales for privatization of state owned enterprises generally and the Nigerian attempts in particular. Nigeria's privatization program is an ongoing exercise. Yet two distinct attempts are identifiable: one which started in 1988 and the reinvigoration of the exercise, albeit with new constitutive frameworks, in 1999. Thus, Chapters 4 and 5 review the legal and institutional frameworks for these two exercises. Chapter 6 deals with foreign investments in Nigeria. The discussion encapsulates the pros and cons of foreign investments, especially in Nigeria. Chapter 7 explores the direct and indirect linkages between the privatization program in Nigeria and foreign investments in the country. This is particularly apposite because one of the touted objectives of the privatization exercise is the attraction of foreign investments. A conclusion follows. The work finds that although foreign investments appear to have been indirectly boosted by the privatization exercise, foreign investors initially did not show interest in direct acquisition of the shares and other interests being relinquished by the government, but that that attitude has been changing gradually.

Book Doing Business 2020

Download or read book Doing Business 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-21 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.

Book FDI and Economic Growth

Download or read book FDI and Economic Growth written by Adeolu B. Ayanwale and published by . This book was released on 2007 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Foreign Direct Investment in Nigeria

Download or read book Foreign Direct Investment in Nigeria written by MakuaChukwu Ojide and published by . This book was released on 2016 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the influence of market size on foreign direct investment to Nigeria for the period 1970 - 2011. It answers the question: do multinational enterprises consider market size in the allocation of their foreign direct investment (FDI) to Nigeria? Unlike similar previous studies on Nigeria, this paper examines market size in terms of economy size and population size. Autoregressive Distributed Lag (ARDL) model and Granger Causality Tests were estimated. The results show that economy size and population size has positive and significant effect on foreign direct investment to Nigeria. Market size also Granger causes FDI to Nigeria. This paper, therefore, concludes that multinational enterprises consider Nigerian market size in the allocation of their foreign direct investment (FDI) to the country.

Book Investment Policy Review

Download or read book Investment Policy Review written by and published by . This book was released on 2009 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Investment Policy Review provides an overview of the Foreign Direct Investment (FDI) in several countries, including the most recent trends and developments. It examines the legal investment framework currently in place and identifies new areas of high FDI potential. The Review is intended to improve the country's investment policies and to familiarize the international private sector with the countrys investment environment.

Book The factors that determine foreign direct investment in Nigeria

Download or read book The factors that determine foreign direct investment in Nigeria written by Donatus Chukwuemeka Ojide and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Impact of Foreign Direct Investment on Investment in Nigeria  1960 1980

Download or read book Impact of Foreign Direct Investment on Investment in Nigeria 1960 1980 written by Gladson Nwankwo Nwanna and published by . This book was released on 1986 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Determinants of Foreign Direct Investment

Download or read book Determinants of Foreign Direct Investment written by Abu Nurudeen and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the major determinants of Foreign Direct Investment (FDI) in Nigeria, analyzing the annual data over the period 1970-2008, using the ordinary least squares and error correction techniques. The regression results indicate that openness of the economy to trade (OP), privatization (PR), the level of infrastructural development (FR), and exchange rate depreciation (EXC) have significant positive effect on FDI inflows into Nigeria. In addition, the results reveal that the host country's market size (GDP) has a significant negative effect on FDI, while inflation (IF) has an insignificant (but positive) influence on FDI inflows. Thus, the paper recommends the following: Firstly, government should employ policies to further open up the economy in a manner that the economy will be able to attract more FDI. Secondly, government should increase its investment in the development of the nation's infrastructure (power supply, roads, telecommunication, etc.) in order to reduce the cost of doing business thereby wooing more FDI. Thirdly, government should encourage production activity via production incentives and/or subsidies in order to increase the economy's GDP. Fourthly, the economy should be ready to accommodate further depreciation of the domestic currency (Naira) so as to encourage the inflows of FDI in the form of merger and/or acquisition. Furthermore, privatization should be done in a manner that is transparent, and all necessary and relevant information regarding the process should be made available to both existing and prospective investors. In addition, there is a need for an efficient and effective judicial system and crime fighting mechanism so as to assure foreign investors the safety of their investment.

Book Japanese foreign direct investment in Africa

Download or read book Japanese foreign direct investment in Africa written by and published by . This book was released on 1993 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Foreign Direct Investment in Nigeria

Download or read book Foreign Direct Investment in Nigeria written by Olu Olu Ilesanmi and published by . This book was released on 1974 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Impact of Foreign Direct Investment on Economic Growth in Nigeria

Download or read book The Impact of Foreign Direct Investment on Economic Growth in Nigeria written by Henry Onyemaechi Akwari and published by LAP Lambert Academic Publishing. This book was released on 2011-08 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria has the potential to become Sub-Saharan Africa's largest economy because of its rich human and natural resources. These vast natural resources qualify Nigeria to be a major recipient of foreign direct Investment. Foreign Direct Investment in turn is believed to be an engine of economic development in that it brings about the transfer of technology, managerial skills, international production, access to markets, etc. A number of studies have been conducted on the Impact of Foreign Direct Investment on Economic Growth, with most of those studies focusing on cross-country studies. Yet, results about the relationship between foreign direct investment and economic growth come with varying outcomes. This Bachelor's thesis focused exclusively on Nigeria with a view to analysing the role foreign direct investment has played on economic growth in Nigeria since independence. This thesis concludes by making important recommendations that are particularly useful to investors who want to invest in Nigeria; academicians interested in studies of FDI-growth linkage; and to policymakers to adopt some measures to further strengthen and improve investment environment in Nigeria.

Book Determinants of Foreign Direct Investment in Nigeria

Download or read book Determinants of Foreign Direct Investment in Nigeria written by Louis N. Chete and published by Nigerian Institute of Social and Economic Research (NISER), University of Ibadan. This book was released on 1998-01-01 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Determinants of Foreign Direct Investment in Nigeria  1977 2008

Download or read book Determinants of Foreign Direct Investment in Nigeria 1977 2008 written by Oladapo Ajayi and published by LAP Lambert Academic Publishing. This book was released on 2012-05 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria has the potential to become Sub-Saharan Africa s largest economy because of its rich human and natural resources but in spite of this, Nigeria is considered to be one of the poorest countries in the world. About 70% of the population live below the poverty line and with an investment rate of barely 10% of GDP, Nigeria is below the minimum investment rate of about 30% of GDP required to reduce poverty. Foreign Direct Investment can provide the capital needed to bridge the savings gap, required to propel economic growth and development. This is an historical and empirical assessement of the story so far and the best ways Nigeria can position effectively to make the most of available capital, generate and sustain global interest in the non-oil sector.

Book Foreign Direct Investment Under Uncertainty in Nigeria

Download or read book Foreign Direct Investment Under Uncertainty in Nigeria written by Oluseye Ajuwon and published by . This book was released on 2017-04-30 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Investment Policy Analysis and the Nigerian Economic System

Download or read book Investment Policy Analysis and the Nigerian Economic System written by Nwabueze H. Achime and published by . This book was released on 1996 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: