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Federal Presence in Nigeria. The 'Sung' and 'Unsung' Basis for Ethnic Grievance
Minorities of the oil-producing states are seriously disturbed by the inequity that is apparent from the existing principles of revenue allocation in Nigeria. In taking issues with them and other southern advocates of new revenue allocation criteria, the dominant north's organic intellectuals have always relied on the obvious concentration of economic and commercial activities in southern Nigeria to refute the argument that the north is the greater beneficiary of Nigeria's wealth. Scholarly contribution to the ethno-regional debate on the equity of resource allocation has been anchored to the same popular platform, namely, the criteria for inter-governmental revenue allocation. It is as if t...
Democracy and Nigeria's Fourth Republic
Examines Nigeria's challenges with consolidating democracy and the crisis of governance arising from structural errors of the state and the fundamental contradictions of the society in Nigeria's Fourth Republic reflect a wider crisis of democracy globally. 'Today we are taking a decisive step on the path of democracy, ' the newly sworn-in President Olusegun Obasanjo told Nigerians on 27 May 1999. 'We will leave no stone unturned to ensure sustenance of democracy, because it is good for us, it is good for Africa, and it is good for the world.' Nigeria's Fourth Republic has survived longer than any of the previous three Republics, the most durable Republic in Nigeria's more than six decades of...
From Immigrant To Transnational Diaspora Entrepreneur: The Roles Of Enclaves In Their Entrepreneurial Journey
This book focuses on the role of immigrants in building economic, social and political relationships between countries. In this era of growing global interconnectedness, international migration and immigrant issues have become a significant source of disunity between countries. In some receiving countries, immigrants are now workforce replacements for an ageing population, while in sending countries immigrants use the experience gained in their country of residence for investment and entrepreneurial activity in their country of origin. This has led to the suggestion that immigrant activities are no longer a process of bridging the economic imbalance between nations, but rather the bridging o...
Corporate Finance and Financial Development
This book addresses key issues in corporate finance and explores them from financial development and financial stability perspectives in emerging markets. Emerging economies are susceptible to rapidly changing financial sectors and products as well as financial upheavals. In this light, the growing interdependence of states and capital markets, and the risk of crises have an impact on the financing of firms. The chapters in this book highlight how companies and policies in emerging markets are affected and deal with the current post-crisis world. By combining academic and industry insights, the critical issues in corporate finance, financial development, and the preparedness of emerging markets are explored.
