Financialisation, Capital Accumulation and Economic Development in Nigeria

Financialisation, Capital Accumulation and Economic Development in Nigeria

Author: Ejike Udeogu

Publisher: Cambridge Scholars Publishing

Published: 2018-11-30

Total Pages: 198

ISBN-13: 1527522733

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The inadequacies of many past studies that have tried to highlight the causes of the persistent underdevelopment in developing countries—such as Nigeria—have been noted to derive mainly from the focus and, in some cases, the methodologies adopted by the researchers. It has been suggested that, although many researchers recognize the inability to reproduce sufficient profit as undermining the capitalist accumulation process (and as a result the development of an economy), they have nevertheless often tended to ignore the importance of the political-economic arrangement and historical factors in the formation of expectations about the rate of profit. Indeed, in some cases, they have failed to provide a substantive account of these critical variables. This book highlights how the inherent contradictions of the contemporary political-economic arrangement and some historical factors undermined the peculiar capital accumulation processes in Nigeria, which, in turn, has slowed economic development in the country. This book contributes to the field of Nigeria studies by filling gaps that exist in both theoretical and empirical literature on growth and development in the country, deviating from the orthodox approach of analysing the nation’s problems purely based on the factors internal to the country and by imposing ready-made theoretical logics on history. Rather, it studies Nigeria’s problems in juxtaposition with the world system and imposes historical evidence on theoretical logics. This book represents a good resource for both undergraduate and postgraduate courses on area studies. Researchers and policy-makers will also find it useful as a reference.


The Contradictions of Capital in the Twenty-first Century

The Contradictions of Capital in the Twenty-first Century

Author: Pat Hudson

Publisher: Agenda Publishing

Published: 2016

Total Pages: 0

ISBN-13: 9781911116110

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This volume builds upon the renewed interest in the long-run global development of wealth and inequality stimulated by Thomas Piketty. It brings together an international team of leading economic historians and economists to provide a comprehensive overview of the theory, practice, and policy of inequality and its place in the modern world order.


A Theory of Imperialism

A Theory of Imperialism

Author: Utsa Patnaik

Publisher: Columbia University Press

Published: 2016-11-01

Total Pages: 254

ISBN-13: 0231542267

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In A Theory of Imperialism, economists Utsa Patnaik and Prabhat Patnaik present a new theory of the origins and mechanics of capitalism that sounds an alarm about its ongoing viability. Their theory centers on trade between the core economies of the global North and the tropical and subtropical countries of the global South and considers how the Northern demand for commodities (such as agricultural products and oil) from the South has perpetuated and solidified an imperialist relationship. The Patnaiks explore the dynamics of this process and discuss innovations that could allow the economies of the South to achieve greater prosperity without damaging the economies of the North. The result is an original theory of imperialism that brings to light the crippling limitations of neoliberal capitalism. A Theory of Imperialism also includes a response by David Harvey, who interprets the agrarian system differently and sees other factors affecting trade between the North and the South. Their debate is one of the most provocative exchanges yet over the future of the global economy as resources grow thin, populations explode, and universal prosperity becomes ever more elusive.


The Cultural Contradictions Of Capitalism

The Cultural Contradictions Of Capitalism

Author: Daniel Bell

Publisher: Basic Books

Published: 1996-10-18

Total Pages: 400

ISBN-13: 9780465014996

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With a new afterword by the author, this classic analysis of Western liberal capitalist society contends that capitalism—and the culture it creates—harbors the seeds of its own downfall by creating a need among successful people for personal gratification—a need that corrodes the work ethic that led to their success in the first place. With the end of the Cold War and the emergence of a new world order, this provocative manifesto is more relevant than ever.


Theoretical Perspectives on Gender and Development

Theoretical Perspectives on Gender and Development

Author: Jane L. Parpart

Publisher: IDRC

Published: 2000

Total Pages: 232

ISBN-13: 0889369100

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Theoretical Perspectives on Gender and Development demytsifies the theory of gender and development and shows how it plays an important role in everyday life. It explores the evolution of gender and development theory, introduces competing theoretical frameworks, and examines new and emerging debates. The focus is on the implications of theory for policy and practice, and the need to theorize gender and development to create a more egalitarian society. This book is intended for classroom and workshop use in the fields ofdevelopment studies, development theory, gender and development, and women's studies. Its clear and straightforward prose will be appreciated by undergraduate and seasoned professional, alike. Classroom exercises, study questions, activities, and case studies are included. It is designed for use in both formal and nonformal educational settings.


Varieties of Capitalism

Varieties of Capitalism

Author: Peter A. Hall

Publisher: Oxford University Press

Published: 2001

Total Pages: 557

ISBN-13: 0199247749

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Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.


The Changing Forms of Identity Politics in Nigeria Under Economic Adjustment

The Changing Forms of Identity Politics in Nigeria Under Economic Adjustment

Author: Cyril I. Obi

Publisher: Nordic Africa Institute

Published: 2001

Total Pages: 136

ISBN-13: 9789171064714

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"The Niger delta region of Nigeria which is at the heart of the country's oil industry, has a long history of struggles for self-determination dating back to the early years of the 20[superscript th] century. In the 1980s and 1990s, these struggles, unfolding as they did within the context of military authoritarianism and structural adjustment, took the form of widespread agitation for greater control by local communities of the revenues accruing to the Nigerian state from exploration and extraction of oil." "This study attempts to capture the transformations in ethnic minority identity politics in the oil-producing areas of the Niger delta. In doing this, attention is simultaneously drawn to the factors informing the shift from peaceful agitation to violent protest as well as the dynamic of decay and renewal in the various ethnic minority movements that are active in the delta. It is suggested that part of the solution to the crisis in the delta will involve not only a thorough-going restructuring of the Nigerian state but also the re-orientation of the mode of operation of the giant oil multinationals in order to make them both more sensitive and accountable to the local communities."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved