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EFFECT OF TRADE GLOBALIZATION ON THE POVERTY REDUCTION IN NIGERIA
Categories
Table of contents
Title Page i
Certification ii
Dedication iii
Acknowledgement iv
Abstract v
Table content vi
CHAPTER ONE: Introduction
1.1 Background of the Study 1
1.2 Statement of the Problem 3
1.3 Objectives of the Study 5
1.4 Research Questions 5
1.5 Research Hypotheses 5
1.6 Justification for the Study 6
1.7 Scope of the Study 7
1.8 Plan of the Study 7
1.9 Definition of Terms 8
CHAPTER TWO: Literature Review
2.0 Introduction 9
2.1 Conceptual Framework 9
2.1.1 Meaning of Trade Globalization and Poverty 9
2.1.2 Relationship Between Trade Globalization and Poverty 16
2.1.3 Factors Linking Trade Globalization and Poverty Reduction in Nigeria 22
2.1.4 Globalization and Nigerian Economy 27
2.1.5 Debt Servicing Profile and Illusion of Globalization 29
2.2 Theoretical Framework 33
2.2.1 Theories of Poverty 33
2.2.2 Theories of Trade Globalization 36
2.3 Empirical Review 38
CHAPTER THREE: Research Methodology 45
3.0 Introduction 45
3.1 Source of Data 45
3.2 Model Specification 45
3.3 Apriori Expectation 46
3.4 Methods of Analysis 46
3.5 Evaluation Criteria 47
3.5.1 Statistical Criterion 47
3.5.2 Econometric Criterion (Second Order Test) 47
CHAPTER FOUR: Analysis and Interpretation of Result 49
4.1 Introduction 49
4.1.1 Restatement of Model 49
4.1.2 Evaluation Based on Econometric Criteria. 51
4.1.3 Coefficients of Explanatory Variables: 51
CHAPTER FIVE: Summary, Conclusion and Recommendation 53
5.1 Summary of Findings 53
5.2 Conclusion 52
5.3 Recommendations 52
References 54
Appendix 56
Abstract
Globalization being a contemporary issue has attracted a handful of studies, most of them revealed that globalization can trigger economic development, sustain growth, increase trade as well as alleviate poverty to a very large extent. The relationship between globalization and poverty level has been subject to prolonged and unresolved debate both in developed and developing nations. Many authors are of the opinion that globalization has actually reduced poverty in the developed countries. Therefore, this study examined effect of trade globalization on the poverty reduction in Nigeria. The research work highlight the challenges of globalization on the Economic of Nigeria, challenges of trade globalization on poverty reduction and benefit on international trade in order to see if Nigeria has experienced a noticeable growth in reduction of poverty. The study covered the period of 1993 to 2013. Secondary data was adopted through Central Bank of Nigeria (CBN) Statistical Bulletin. The study adopted the econometric techniques of the Non-Monotonic modeling and the Analysis of variance (ANOVA) modeling and Ordinary Least Square (OLS) to estimation technique. The findings of the study revealed that there is a significant relationship between trade globalization and poverty reduction in Nigeria. It was therefore recommended that government should encourage globalization, by embarking on trade liberalization policies in order to accelerate and sustain industrial growth and in turn reduce poverty.
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