1.0 CHAPTER ONE INTRODUCTION BACKGROUND TO THE STUDY Foreign direct investment is viewed as a major stimulus to economic growth in developing countries. Its ability to deal with two major obstacles, namely, shortages of financial resources and technology and skills, has made it the centre of attention for policy-makers in low-income countries in particular. … Read more
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Nigeria in the last few years had clamored for foreign portfolio investment in the country. This is believed to be a facilitator of economic growth and development, which leads to industrialization of the economy in the long run (Adeleke, Olowe & Fasesin, 2014). Foreign portfolio investment means … Read more
CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY There is scarcely any country that lives in absolute isolation in this globalised world. The economies of all the countries of the world are linked directly or indirectly through asset or/and goods markets, made possible through trade and foreign exchange. The price of foreign currencies in terms of … Read more
CHAPTER ONE INTRODUCTION BACKGROUND TO THE STUDY Globalization is the process through which economies, societies and cultures relate through trade, transportation and communication. Economic theory clearly points to the tremendous potential advantages of cross-border capital flows.Neoclassical economists support the view that capital flow is beneficial because they create new resources for capital accumulation … Read more
TABLE OF CONTENTS Content Page Title Page i Certification ii Dedication iii Acknowledgements iv Abstract v Table of Contents vi List of Tables ix List of Appendices xi CERTIFICATION ii DEDICATION iii ACKNOWLEDGEMENTS iv ABSTRACT vi CHAPTER ONE 1 INTRODUCTION 1 1.1 Background to the Study 1 1.2 Statement of the Problem 4 1.3 Objective … Read more
ABSTRACT Generally, policies and strategies of Nigerian government towards Foreign Direct Investments are shaped by two principal objectives of desire for economic independence and the demand for economic development. Multinational corporations are expected to bring into Nigeria, foreign capital in the form of technical skills, entrepreneurship, technology and investment fund to best economic activities thereby, … Read more