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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
The Role of the Organization of African Unity in the Nigerian Civil War, 1967-1970 (open access)

The Role of the Organization of African Unity in the Nigerian Civil War, 1967-1970

The primary purpose of this thesis is to examine the role of the Organization of African Unity (OAU) in the Nigerian civil war, 1967-1970. The working hypothesis of this thesis is that as a result of (1) conservatism of the OAU; (2) Article 3, paragraphs II and III of.the OAU Charter; and (3) the influence of foreign powers on the OAU, the Organization has not been very successful in handling African conflicts. The purposes of this study necessitated researching a wide array of literature on the Organization of African Unity, conflicts in Africa since 1963, and the Nigerian civil war.
Date: December 1978
Creator: Oluo, Samuel L. O.
System: The UNT Digital Library