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Economic Development Through

Mälardalen University School of Sustainable Development of Society and Technology International Business and Entrepreneurship master program Master Thesis, course EFO705 Tutor: Leif Linnskog

03.06.2008

Economic Development through Globalisation in Nigeria
An analysis of Shell & the IMF Structural Adjustment Programs

Sven Bokhari 820619-P291 Fabrizio Del Duca 791225-P114 Group number: 1983

Summary
Date: Level: Authors: 2008/06/03 Master thesis in International Business and Entrepreneurship, 10p (15ECTS) Sven Bokhari Västerås Date of birth: 19820619 Fabrizio Del Duca Västerås Date of birth: 19791225

Title:

Economic Development through globalisation in Nigeria. An analysis of Shell & the IMF Structural Adjustment Programs Leif Linnskog, Ph.D.

Tutor:

Research Question: Can globalisation be seen as positive or negative for the Economic Development of Nigeria? A focus on Shell and the International Monetary Fund Research Issue: Globalisation in its current form is viewed in the Western world as a positive influence for the Economic Development of under developed countries. However these views on the benefits brought to developing countries have been frequently disputed. The research we are undertaking is a pilot study based on documentary research. Our source of information is secondary data such as books, articles, newspapers and journals. The study employs a qualitative approach. Even though globalisation is often viewed as positive we have discovered that this is not always the case in relation to its effects in Nigeria. Judging from our analysis, globalisation through the IMF and Shell has had an overall negative impact on Economic Development. However, Shell is attempting to act more responsible by adjusting its position in order to have a more positive impact on Economic Development. On the other hand, the IMF has not adapted to Nigeria but obliges the country to adapt to the institution’s demands hindering Economic Development....