FOREIGN DIRECT INVESTMENT AND POVERTY REDUCTION IN NIGERIA
ABSTRACT
The study examined the Foreign Direct Investment and Poverty Reduction in Nigeria and to examine if foreign direct investment has significant run impact on poverty reduction in Nigeria and to evaluate if there is any significant casualty between Foreign Direct Investment and Poverty Reduction in Nigeria. Foreign direct investment (FDI) granger cause per capital income but PCI does not granger cause FDI.
Thus, there was uni-directional causality lt the result depicted the spread of adjustment to the long-run equilibrium. The coefficient of ECM (-1) is statistically significance (-O-085) and it is negative. My policy recommendation on the part of (FDI) policy makers should pay increased attention to the overall role of FDl on poverty reduc1ion in light Of this, there should be provision of enabling environment that would provide a better incentive to attract FDI in flows. Foreign direct investment influence poverty reduction to really feel the impact of FDI, the government should ensure there is FDl in flow to real sector.
CHAPTER ONE
Introduction
1.1 Background to the Study
The importance of foreign capital to developing countries is well known. It supplements their domestic savings and it is often accompanied with technology and managerial skills which are indispensable in economic development. Foreign direct investment can contribute in significant ways to breaking of the growth − poverty vicious circle, and there lies Nigerians hope. The Nigerian government hopes that Foreign Direct Investment (FDI) can make up for domestic capital shortfalls, provide technology, managerial skills, facilitate access to foreign market and generate both technological and efficient spillovers to local firms. By providing access to external markets, transferring technology and building capacity in the local firms generally, Foreign Direct Investment (FDI) is expected to improve the integration of the continent global economy, spur economic growth and alleviate poverty.
Direct foreign investment has been characterized as the best form of foreign finance. The packages of Foreign Direct Investment (FDI) comes with finance, technology and highly skilled personnel (Lall and Streeton 1977). Indeed in the case of Nigeria as in 3rd world countries Foreign Direct Investment (FDI) was the main channel through which their import-substitution industrialization strategies were prosecuted.
It is widely believed that given the appropriate host-country policies and a basic level of development, benefits that might accrue from Foreign Direct Investment (FDI) include employment creation, the acquisition of new technology and knowledge, increased tax revenue from cooperate profits generated by Foreign Direct Investment (FDI). All of these form of benefits are expected to contributed to higher economic and employment growth, which is the most important and effective tool for achieving improvements in human well-being for alleviating poverty in Nigeria.
Although, the impact of Foreign Direct Investment (FDI) on poverty alleviation depend principally on many factors such as host country policies and institutions. The most efficient way Foreign Direct Investment (FDI) help in alleviating poverty is the widening access to employment opportunities.
The ability of Nigeria to alleviate poverty depends on adequate inflow of foreign investment resources. The country has been experiencing difficulties in her effort to alleviate poverty for decades now. At present, majority of Nigerians are living below the poverty level. Consequently given the low level of per capital income characterizing the less developed economies, the traditional model of economics assumes that average and marginal consumption propensities are high, savings are low and that the formation of new productive capital is restricted.
CHAPTER TWO
2.0 Literature Review
2.1 Introduction
The review of relevant literature is the main topic of this chapter. A literature review covers theoretical and methodological contributions to a certain issue in addition to the state of knowledge at the time of writing. It provides information about the state of the art in relation to the subject you are writing about. It examines the body of work on the chosen subject. The literature evaluation in this study comprises the …
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TABLE OF CONTENTSPRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
INTRODUCTION
- 1.1 Background …
- ⋮
LITERATURE REVIEW
- 2.1 Introduction
- 2.2 Conceptual Review
- 2.3 Theoretical Framework
- ⋮
- 2.4 Empirical Studies
CHAPTER THREE
RESEARCH METHODOLOGY
- 3.1 Introduction
- 3.2 Research Design
- 3.3 Population of Study
- 3.4 Sampling and Sampling Technique
- 3.5 Validation of Research Instrument
- 3.6 Method of Data Collection
- 3.7 Method of Data Analysis
- 3.8 Questionnaire Administration
- 3.9 Ethical Consideration
- 3.10 Statistical Analysis
CHAPTER FOUR
DATA ANALYSIS, RESULT AND DISCUSSION
- 4.1 Introduction
- 4.2 Presentation and Analysis of Data
- 4.3 Re-statement of Research Questions
- 4.4 Test of Hypotheses
- 4.5 Discussion of Findings
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
- 5.1 Introduction
- 5.2 Summary of Findings
- 5.3 Conclusion
- 5.4 Recommendation
- 5.5 Suggestion for Further Study
REFERENCES
APPENDIX A - “QUESTIONNAIRE”
Disclaimer for Complete Material Utilization
The displayed research work titled "Foreign Direct Investment and Poverty Reduction in Nigeria" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
PRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
INTRODUCTION
- 1.1 Background …
- ⋮
LITERATURE REVIEW
- 2.1 Introduction
- 2.2 Conceptual Review
- 2.3 Theoretical Framework
- ⋮
- 2.4 Empirical Studies
CHAPTER THREE
RESEARCH METHODOLOGY
- 3.1 Introduction
- 3.2 Research Design
- 3.3 Population of Study
- 3.4 Sampling and Sampling Technique
- 3.5 Validation of Research Instrument
- 3.6 Method of Data Collection
- 3.7 Method of Data Analysis
- 3.8 Questionnaire Administration
- 3.9 Ethical Consideration
- 3.10 Statistical Analysis
CHAPTER FOUR
DATA ANALYSIS, RESULT AND DISCUSSION
- 4.1 Introduction
- 4.2 Presentation and Analysis of Data
- 4.3 Re-statement of Research Questions
- 4.4 Test of Hypotheses
- 4.5 Discussion of Findings
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
- 5.1 Introduction
- 5.2 Summary of Findings
- 5.3 Conclusion
- 5.4 Recommendation
- 5.5 Suggestion for Further Study
REFERENCES
APPENDIX A - “QUESTIONNAIRE”
Disclaimer for Complete Material Utilization
The displayed research work titled "Foreign Direct Investment and Poverty Reduction in Nigeria" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
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