Globalization And The Challenge Of Development In Nigeria

Abstract

The paper attempts to examine the impact of globalization to the development process Nigeria. It analysis the political economy context of the process as well as some economic and development policies of the concept. The paper examines various scholars of thoughts which necessitated the consideration of structural functionalism and new Marxism theories as they apply to the study. If was discovered that there are several problems inherent in globalization as well as the economic policies of the concept in Nigeria which has impacted negatively to the development of the country, it is recommended that the country must re-define her development strategy from the current extensive to an intensive and more diversified growth pattern.