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Avoiding Globalization: The State and Depoliticization in Nigeria

The recent crisis in Asia has drawn attention to the need for a holistic and dynamic understanding and appreciation of what globalization represents for nations in the periphery. 1 On the one hand, the crisis showed that economic growth per se was not enough, especially when it is constructed on largely bad debts, over-extension of responsibilities, excessive political control and manipulation of the economy and unrealistic expansion of economic activity at the expense of genuine development. On the other hand, the crisis demonstrated that for economies that held out promise and showed the cap…

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