Impact of Globalization on the Economic Development of Nigeria (Published)
This research aims to investigate the effects of globalization on Nigeria’s economic development. Globalization has helped Nigeria, a developing nation, compete with other established nations, according to various opinions on its effects, both positive and negative. The study’s goal was to determine the impact of globalization on the Nigerian economy. The researcher consequently evaluated the body of studies on how globalization has affected Nigeria’s economic progress. Thus, the notions of globalization and development, as well as various aspects of Nigeria’s development, are critically analyzed, as is the effect of globalization on the global economy. The outcome showed that all traditional economic development factors, including private investment, public investment, and debt series, as well as indicators of economic integration (trade openness and financial integration), were non-stationary. The study also proved that trade openness significantly boosted Nigeria’s economy. However, at a 10% threshold of importance, the effect of financial integration on the economy is negligible. The study came to the conclusion that if Nigeria’s economy completely integrated with the rest of the globe, it would gain more from globalization. Therefore, the report advocated for the elimination of all restrictions on commerce and money flow. The growth of the Nigerian economy to keep up with globalization is recommended based on analysis of the effects of globalization on economic development. It was therefore deduced that “if appropriate measures are not implemented, Nigeria may not participate in this process, leading to the globalization of poverty rather than wealth”.
Keywords: Development, Economic, Globalization, Impact
Impact Analysis of Mede Telila Small Scale Irrigation Scheme on House Poverty Alleviation: Case of Gorogutu District in Eastern Haratghe Oromia National Regional State Ethiopia (Published)
The main objective of the study was to access the impact of Mede Telilasmall-scale irrigation scheme on household poverty alleviation in Gorogutu District of Eastern Hararghe, Oromia National Regional State, Ethiopia. To achieve the objective of the study, data were collected from 200 households, 100 from participants and 100 from non-participants in the irrigation scheme, in the study district. Descriptive statistics, the Foster, Greer and Thobeck (FGT) poverty indices and Propensity Score Matching (PSM) were used to analyze the data. The study revealed that the small-scale irrigation scheme significantly reduced the incidence, the depth and the severity of households’ poverty in the study district. The empirical model also revealed that access to the irrigation scheme significantly influenced the households’ consumption expenditure level. The Average Treatment effect of Treated (ATT) indicated that, the per capita consumption expenditure of irrigation users is 25% more than non-users of irrigation. These results indicate that the small-scale irrigation scheme improved the livelihood of households in the study district.
Keywords: Consumption Expenditure, Ethiopia, Gorogutu, Household Poverty, Impact, Irrigation Scheme