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...
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Faculty of Economics, University of Tuzla
2021
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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) |
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globalization poverty ardl nigeria Economic theory. Demography HB1-3840 Business records management HF5735-5746 Finance HG1-9999 |
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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 |
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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 |