1. the effect of globalisation
... with rapid population growth, and Nigeria, once a large net exporter of food, now must import food. Following the signing of an IMF stand-by agreement in August 2000, Nigeria received a debt-restructuring deal from the Paris Club and a $1 billion loan from the IMF, both contingents on economic reforms. Increases in foreign investment and oil production combined with high world oil prices ... should push growth over 4% in 2001-02. (http://www.cia.gov/cia/publications/factbook/) Besides the state firms being privatized, new ones, especially foreign ones ... an attachment to domestic borro...
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- Approx Pages: 69
- Grade Level: Undergraduate