Trade liberalization and Industrial Sector Productivity Growth in Nigeria

Nambhi Malarvizhi, Chinnasamy Agamudai; Yusuf, Muhammad; Khin, Aye Aye; Jayashree, Sreenivasan
August 2013
Australian Journal of Basic & Applied Sciences;Aug2013, Vol. 7 Issue 8, p653
Academic Journal
This paper explores the theoretical relationship between trade liberalization and economic growth in Nigeria. It will look at the structure of the economic growth performance during trade liberalization regime. Theoretical relationship is that weather trade liberalization affects economic growth, in a particular country depends heavily on the structure of the country exports and imports. Our argument in this paper is that what good governance agenda theorists fail to understand is that free market can only be applicable if labour productivity is competitive and that it can add value to the existing level of output. The big structural problems with Nigeria economy are of poor technological capabilities with serious unskilled manpower and with no international competitiveness.


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