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Economic Globalization and Development: External Dependence, Structural Transformation, and Growth Constraints in Nigeria

This thesis examines how external dependence shaped growth and development in Nigeria. The argument is that the challenges of economic growth, structural transformation, and household welfare are connected by a common structural feature, which is the dependence on a narrow export base for foreign exchange together with persistent reliant on importation of production inputs. This combination repeatedly exposed the economy to external pressures and influenced macroeconomic performance, policy responses, and the available opportunities for households across different regions and sectors.This thes…

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