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International Political Economy of External Economic Dependence and Foreign Investment Policy Outputs as a Component of National Development Strategy: Nigeria 1954-1980 (open access)

International Political Economy of External Economic Dependence and Foreign Investment Policy Outputs as a Component of National Development Strategy: Nigeria 1954-1980

This study examined the effects and expectations of external economic dependence on foreign investment policy outputs with particular reference to the Nigerian experience between 1954 and 1980. Three basic kinds of external economic dependence were studied: foreign investment, the penetration of the Nigerian economy by foreign capital through the agency of the multinational corporations (MNCs); foreign trade, a measure of the Nigerian economy's participation in the world market; and foreign aid (loans and grants), a measure of Nigeria's reliance on financial assistance from governments and international financial inst itutions. For the most part, the level of Nigeria's economic dependence was very high. However, economic dependency is not translated into changes in foreign investment policy in favor of the foreign investors in Nigeria as is predicted by the dependency paradigm. The Nigerian case casts doubt on the dependency paradigm as a framework for fully explaining factors that may determine foreign direct investment policy changes that occur in a less developed Third World country. In other words, the dependency paradigm has a limited explanatory power; there is a factor independent of the economic factor operating out of the control of global capitalism (the center of the center in alliance with the center …
Date: December 1986
Creator: Ighoavodha, Frederick J. O. (Frederick J. Ofuafo)
System: The UNT Digital Library
Transnational Organizations as Actors in the Nigerian Civil War, 1967-1970 (open access)

Transnational Organizations as Actors in the Nigerian Civil War, 1967-1970

The purpose of this study is to explore the activities of transnational organizations which were involved in the Nigerian civil war, in order to evaluate the hypotheses of this study - that the transnational organizations studied here contributed to the outbreak of the civil war; that they attempted to influence the behavior of the conflicting parties; that they helped to prolong the war; and that they served as instruments of conflict resolution in the civil war. The final chapter summarizes the conclusions arrived at in various chapters of the study. The evidence yielded varying degree of support to the hypotheses, These transnational actors are seen to have, through their different interactions with both sides affected the course of the war and have produced mixed impacts. They produced some evidence for the explanation of behavioral patterns likely to be displayed by transnational actors in similar situations. Also, these interactions are seen as giving some validity to the perceived need to expand the analytic framework of actors in international politics.
Date: August 1979
Creator: Osuji, Lawrence Chuks
System: The UNT Digital Library