Governance and Growth in Nigeria: Examining the Competing Bilateral Economic Relationships Among Nigeria, China and the United States, 2001-2011
Posted: 3 Nov 2013
Date Written: 2013
The paper will explore the role of governance in Nigeria’s recent economic growth during the time frame of 2001-2011. The study will also examine the perceived rivalry between China and the United States and the competition that is emerging as it relates to the economic relationship with Nigeria. Specifically, I am interested in examining China’s relationship with Nigeria vis-à-vis America’s relationship with the country. Primarily, how China and the United States’ foreign policies factor into their decisions on foreign aid, trade, and infrastructure development. China and the U.S. have different approaches when dealing with other nations and by assessing these and other variables, I will offer an explanation for Nigeria’s continuing economic growth from 2001-2011.
I argue that governance is central to Nigeria’s recent economic growth. In addition, the power transition theory will help explain the rivalry or the rising power declining power dynamic that is occurring between China and the United States in Nigeria. In order to test these claims a mixed methodology will be employed. The quantitative portion will analyze the overall gross domestic product (GDP) of Nigeria and the GDP per sector and sector growth. I will also analyze China and the United States’ overall investment in Nigeria and to which sector of Nigeria’s economy are those investments made. The data will come from the World Bank, the United States Agency for International Development, the International Monetary Fund (IMF), the Global Coalition for Africa, Ministry of Commerce People’s Republic of China (MOFCOM), aiddata.org. and other international organizations. The variables will be examined by utilizing a time series analysis from 1995-2011. The qualitative portion of the methodology will consist of 20 interviews of Nigerian, Chinese and American participants in government, academia and international and financial organizations.
My anticipated finding is that improved governance is mainly responsible for Nigeria’s recent economic growth. Also, I anticipate that due to China’s reemergence in Nigeria, the United States has lost its influence in the country.
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