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International Journal of Academic Research in Business and Social Sciences

Open Access Journal

ISSN: 2222-6990

Globalization and African Political Economy: The Nigerian Experience

Aderonke Majekodunmi, Kehinde David Adejuwon

Open access

Globalization is a trend that impacts everyone more and more each day. For centuries, globalization has progressively knitted together the world and created unity out of great diversity. This is a discourse on political economy of globalization and its implication for Africa with particular reference to Nigeria. This study investigates the political economy of globalization in the development process in Nigeria. It examines the impact of globalization on industrialization and the attendant problems of globalization on the Nigerian economy. In light of our findings, we recommend that Nigeria should adopt appropriate policies and strategies similar to other developed countries to compete in the international capitalist system in which we are now an integrated part.

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