Globalization and the Contradictions of Sustainable Democracy in Nigeria

Adeoye O. Akinola ()
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Adeoye O. Akinola: University of KwaZulu-Natal

Chapter Chapter 7 in Selected Themes in African Political Studies, 2014, pp 85-98 from Springer

Abstract: Abstract The collapse of communism in the Soviet Union in the late 1980s signified an end to organized impediments to the spread of globalization and this invariably led to the triumph of liberal democracy as the only alternative to “effective governance. Although, globalization actually promised to facilitate development, it however becomes worrisome that succeeding Nigerian governments find it challenging to institutionalize democratic principles and embark on sound socio-economic policy initiatives in the country. This had led to questions being generated around the convergence between globalization and democratization. Against this backdrop, this paper explores the facilitation of good governance by globalization in Nigeria especially in enhancing the state’s capacity for economic development. The study relies on secondary data and primary data based on institution reports relevant to the democracy-globalization project in Nigeria. The study found that globalization, ironically, has not only generated contradictions that threaten sustainable democracy but also reduces the possibility of genuine and sustainable democratic governance in the country.

Keywords: Civil Society; International Monetary Fund; Good Governance; African State; Democratic Governance (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:aaechp:978-3-319-06001-9_7

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DOI: 10.1007/978-3-319-06001-9_7

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