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Full-Text Articles in Social and Behavioral Sciences
Balancing Inward Oriented Strategies With Outward Oriented Strategies: A Case For Nigeria's Industrialization, Tosin K.W. Gbadegesin
Balancing Inward Oriented Strategies With Outward Oriented Strategies: A Case For Nigeria's Industrialization, Tosin K.W. Gbadegesin
Young African Leaders Journal of Development
The World Bank has over the years urged poor nations to adopt development strategies which emphasize export promotion. The first group of developing countries to shift from an inward-oriented to outward-oriented approach to development were located in the far east, specifically Taiwan, Singapore and South Korea. But, with export-led growth, firms produce according to their long-term comparative advantage. Nigeria in recognition of the importance of industrialization to economic growth and development has adopted various policies, incentives and schemes since her independence to promote industrialization. This paper therefore posited that there is more than one approach to the problem rocking Nigeria's …
Characteristics Of Enterprises In Developing Countries Participating In Global Value Chains, S. Azam
Characteristics Of Enterprises In Developing Countries Participating In Global Value Chains, S. Azam
International Relations: Politics, Economics, Law
In recent decades, the rapid development of the international division of labor has led to the fact that the production of the same product and related procedures have been carried out by several countries of the world. Due to this, the share of intermediate goods and components, as well as services, is increasing in the structure of world trade. The development of the Internet and ICT has led to the emergence of new activities such as electronic commerce, outsourcing and offshoring. Economic development has become more dependent on innovative technological development, foreign direct investment and the activities of transnational corporations …