ECONOMIC GLOBALIZATION AND PRINCIPLES OF STATE SOVEREIGNTY IN AFRICA
Abstract
ABSTRACT
This research study examines Economic Globalization and Principles of State Sovereignty in Africa A Study Of Nigeria. This study assesses the impact of trade liberalization on economic globalization and the principles of state sovereignty in Nigeria, to evaluate how capital mobility has influenced economic globalization and the principles of state sovereignty in Nigeria, to analyze the effects of multilateral institutions (IMF, World Bank, WTO) on economic globalization and state sovereignty in Nigeria. The theoretical review used is world System Theory. The study employs a qualitative research design, utilizing semantic analysis to explore the relationship between economic globalization and state sovereignty in Nigeria. The secondary data collection method involves analyzing various documents related to economic globalization and state sovereignty in Nigeria. The findings discovered that Trade liberalization has significantly advanced Nigeria’s economic globalization by enhancing its access to international markets and increasing foreign investment. Based on the findings, it was recommended that Nigeria should implement targeted industrial and trade policies that support domestic industries to enhance their global competitiveness.
Keywords: capital mobility, economic globalization, state sovereignty, trade liberalization, and
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