GLOBALIZATION AND POVERTY: EVIDENCE FOR LOWER-MIDDLE INCOME COUNTRY

The study examined the impact of globalization on poverty rate with evidence from middle-income country. It focused on Nigeria for the period spanning 1981 to 2018. The study employed the ARDL estimation technique, and the results showed that globalization had negative and significant impac...

Descripción completa

Guardado en:
Detalles Bibliográficos
Autores principales: Philip Ifeakachukwu Nwosa, Temitope Adebisi Adeoye
Formato: article
Lenguaje:EN
Publicado: Faculty of Economics, University of Tuzla 2021
Materias:
Acceso en línea:https://doaj.org/article/7edacaab3abb4cdda018900266d8f2f3
Etiquetas: Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
id oai:doaj.org-article:7edacaab3abb4cdda018900266d8f2f3
record_format dspace
spelling oai:doaj.org-article:7edacaab3abb4cdda018900266d8f2f32021-12-02T16:52:16ZGLOBALIZATION AND POVERTY: EVIDENCE FOR LOWER-MIDDLE INCOME COUNTRY1512-89622303-680Xhttps://doaj.org/article/7edacaab3abb4cdda018900266d8f2f32021-05-01T00:00:00Zhttp://ef.untz.ba/wp-content/uploads/2021/10/6_MAY_2021_DOI_pp_63_72.pdfhttps://doaj.org/toc/1512-8962https://doaj.org/toc/2303-680XThe study examined the impact of globalization on poverty rate with evidence from middle-income country. It focused on Nigeria for the period spanning 1981 to 2018. The study employed the ARDL estimation technique, and the results showed that globalization had negative and significant impact on poverty rate in Nigeria. Therefore, the conclusion was made that globalization had contributed significantly in reducing poverty rate in Nigeria. The study recommended the need for the government to maintain strong economic and political global ties with the rest of the world. This would encourage more foreign investors and business opportunities in the country which would aid reduction of poverty rate in Nigeria. More so, there is the need to ensure that the dividend of economic growth from globalization is properly shared among the poor, as this would reduce the number of the poor people below the poverty line. Philip Ifeakachukwu NwosaTemitope Adebisi AdeoyeFaculty of Economics, University of TuzlaarticleglobalizationpovertyardlnigeriaEconomic theory. DemographyHB1-3840Business records managementHF5735-5746FinanceHG1-9999ENEconomic Review, Vol XIX, Iss 01, Pp 63-72 (2021)
institution DOAJ
collection DOAJ
language EN
topic globalization
poverty
ardl
nigeria
Economic theory. Demography
HB1-3840
Business records management
HF5735-5746
Finance
HG1-9999
spellingShingle globalization
poverty
ardl
nigeria
Economic theory. Demography
HB1-3840
Business records management
HF5735-5746
Finance
HG1-9999
Philip Ifeakachukwu Nwosa
Temitope Adebisi Adeoye
GLOBALIZATION AND POVERTY: EVIDENCE FOR LOWER-MIDDLE INCOME COUNTRY
description The study examined the impact of globalization on poverty rate with evidence from middle-income country. It focused on Nigeria for the period spanning 1981 to 2018. The study employed the ARDL estimation technique, and the results showed that globalization had negative and significant impact on poverty rate in Nigeria. Therefore, the conclusion was made that globalization had contributed significantly in reducing poverty rate in Nigeria. The study recommended the need for the government to maintain strong economic and political global ties with the rest of the world. This would encourage more foreign investors and business opportunities in the country which would aid reduction of poverty rate in Nigeria. More so, there is the need to ensure that the dividend of economic growth from globalization is properly shared among the poor, as this would reduce the number of the poor people below the poverty line.
format article
author Philip Ifeakachukwu Nwosa
Temitope Adebisi Adeoye
author_facet Philip Ifeakachukwu Nwosa
Temitope Adebisi Adeoye
author_sort Philip Ifeakachukwu Nwosa
title GLOBALIZATION AND POVERTY: EVIDENCE FOR LOWER-MIDDLE INCOME COUNTRY
title_short GLOBALIZATION AND POVERTY: EVIDENCE FOR LOWER-MIDDLE INCOME COUNTRY
title_full GLOBALIZATION AND POVERTY: EVIDENCE FOR LOWER-MIDDLE INCOME COUNTRY
title_fullStr GLOBALIZATION AND POVERTY: EVIDENCE FOR LOWER-MIDDLE INCOME COUNTRY
title_full_unstemmed GLOBALIZATION AND POVERTY: EVIDENCE FOR LOWER-MIDDLE INCOME COUNTRY
title_sort globalization and poverty: evidence for lower-middle income country
publisher Faculty of Economics, University of Tuzla
publishDate 2021
url https://doaj.org/article/7edacaab3abb4cdda018900266d8f2f3
work_keys_str_mv AT philipifeakachukwunwosa globalizationandpovertyevidenceforlowermiddleincomecountry
AT temitopeadebisiadeoye globalizationandpovertyevidenceforlowermiddleincomecountry
_version_ 1718382928378986496