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2019 | 24 | nr 1 | 7--24
Tytuł artykułu

Financial Globalisation and Economic Transformation in Africa: Evidence from Nigeria

Warianty tytułu
Globalizacja finansowa i transformacja gospodarcza w Afryce na przykładzie Nigerii
Języki publikacji
EN
Abstrakty
Celem artykułu jest zbadanie efektów finansowej globalizacji w odniesieniu do gospodarki Nigerii. Do analizy wykorzystano dane za lata 1992-2017 dostępne w biuletynach statystycznych Centralnego Banku Nigerii oraz sprawozdaniach Urzędu Statystycznego Nigerii. Za pomocą opisowej i dedukcyjnej analizy statystycznej pokazano, że globalizacja pomogła w mobilizacji bezpośrednich inwestycji zagranicznych w lokalnej gospodarce, ukazano także pozytywny wpływ transferów osobistych wynagrodzeń z zagranicy na dochód per capita w Nigerii. Badania dowiodły, że w rozwoju państw afrykańskich kluczową rolę odgrywają pozyskiwanie zagranicznych inwestycji bezpośrednich oraz prywatne transfery dochodów z krajów rozwiniętych. Równocześnie rządy państw powinny brać pod uwagę interesy wszystkich uczestników. Powinny też zapewnić sprawiedliwy i uczciwy system finansowy i handlowy, aby wyeliminować trwałe ubóstwo, eksploatacyjną politykę handlową i narastanie ekonomicznych nierówności w Afryce.(abstrakt oryginalny)
EN
This study examines the effects of financial globalisation on the Nigerian economy using data from the Central Bank of Nigeria statistical bulletin and the Nigeria Bureau of Statistics reports from 1992 to 2017. Using both descriptive and inferential statistical analyses, the study reveals that financial globalisation has helped to mobilise foreign direct investment into the economy and the significant positive effect of personal remittances on per capita income of Nigerians. Therefore it recommends that favourable policies to attract and retain FDI and personal remittances from developed nations should be encouraged and African governments and economic actors should consider all stakeholders' interests, and ensure that an international financial and trade system is "fair and reciprocal" to eliminate the persisting trends in abject poverty, predatory trade policies and the escalation of economic inequalities in Africa.(original abstract)
Rocznik
Tom
24
Numer
Strony
7--24
Opis fizyczny
Twórcy
  • Anchor University, Lagos, Nigeria
  • Anchor University, Lagos, Nigeria
Bibliografia
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Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171545266

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