IDEAS home Printed from https://ideas.repec.org/a/prg/jnlaop/v2010y2010i4id310p12-31.html
   My bibliography  Save this article

Export Promotion and the Global Economic Crisis. Experiences and Lessons for Nigeria as a Mono-product Economy

Author

Listed:
  • Bassey Benjamin Esu
  • Nsobiari F. Awara

Abstract

The importance of export promotion and marketing cannot be overemphasized. This is because of the attendant economic flow into the home country. Because of these benefits, Nigeria as a sovereign nation has been involved in exportation of goods and services. After forty-nine years of independence, Nigeria's export drive has failed to yield the expected economic benefits to the country. The export promotion policies of the government appear to be ineffective. This paper highlights the export promotion and marketing problems in Nigeria and the lessons therein. The paper contains recommendations that authors believe would produce result-oriented export promotion strategies and a strong and healthy economy in the face of the current global economic crisis.

Suggested Citation

  • Bassey Benjamin Esu & Nsobiari F. Awara, 2010. "Export Promotion and the Global Economic Crisis. Experiences and Lessons for Nigeria as a Mono-product Economy," Acta Oeconomica Pragensia, Prague University of Economics and Business, vol. 2010(4), pages 12-31.
    • Handle: RePEc:prg:jnlaop:v:2010:y:2010:i:4:id:310:p:12-31
    DOI: 10.18267/j.aop.310
    as

    Download full text from publisher

    File URL: http://aop.vse.cz/doi/10.18267/j.aop.310.html
    Download Restriction: free of charge
    File URL: http://aop.vse.cz/doi/10.18267/j.aop.310.pdf
    Download Restriction: free of charge
    File URL: https://libkey.io/10.18267/j.aop.310?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. anonymous, 1996. "Western economic developments," Western economic developments, Federal Reserve Bank of San Francisco, issue Jan.
    2. anonymous, 1996. "Western economic developments," Western economic developments, Federal Reserve Bank of San Francisco, issue Mar.
    3. anonymous, 1996. "Western economic developments," Western economic developments, Federal Reserve Bank of San Francisco, issue Jul.
    4. anonymous, 1996. "Western economic developments," Western economic developments, Federal Reserve Bank of San Francisco, issue Sep.
    5. Richard B. Andrews, 1953. "Mechanics of the Urban Economic Base: Historical Development of the Base Concept," Land Economics, University of Wisconsin Press, vol. 29(2), pages 161-167.
    6. Osuntogun, A. & Edordu, C.C. & Oramah, B.O., 1997. "Potentials for Diversifying Nigeria's Non-Oil Exports to Non-Traditional Markets," Papers 68, African Economic Research Consortium.
    7. anonymous, 1996. "Western economic developments," Western economic developments, Federal Reserve Bank of San Francisco, issue Dec.
    8. anonymous, 1996. "Western economic developments," Western economic developments, Federal Reserve Bank of San Francisco, issue May.
    9. anonymous, 1996. "Western economic developments," Western economic developments, Federal Reserve Bank of San Francisco, issue Aug.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Iyigun, Murat F & Owen, Ann L, 1999. "Entrepreneurs, Professionals, and Growth," Journal of Economic Growth, Springer, vol. 4(2), pages 213-232, June.
    2. Meinzen-Dick, Ruth Suseela & Knox, Anna & Place, Frank & Swallow, Brent M. (ed.), 2002. "Innovation in natural resource management: The role of property rights and collective action in developing countries," IFPRI books, International Food Policy Research Institute (IFPRI), number 0-8018-7143-3.
    3. Loomis, Terrence M., 2000. "Indigenous Populations and Sustainable Development: Building on Indigenous Approaches to Holistic, Self-Determined Development," World Development, Elsevier, vol. 28(5), pages 893-910, May.
    4. Amin, Shahina & DaVanzo, Julie, 2004. "The impact of wives' earnings on earnings inequality among married-couple households in Malaysia," Journal of Asian Economics, Elsevier, vol. 15(1), pages 49-70, February.
    5. Ahmed, Adam & Roghim, Somaia & Saleh, Ali & Siddig, Khalid H.A., 2013. "The Prevalence of Poverty and Inequality in South Sudan: The Case of Renk County," Agricultural Economics Working Paper Series 143481, University of Khartoum, Department of Agricultural Economics.
    6. World Bank, 2006. "Approaches to Private Participation in Water Services : A Toolkit," World Bank Publications - Books, The World Bank Group, number 6982.
    7. Mahmoud Al-Iriani, 2012. "Oil Curse in Yemen: The Role of Institutions and Policy," Working Papers 694, Economic Research Forum, revised 2012.
    8. Maki, Wilbur R., 1991. "Analyzing A Region'S Economic Base," Staff Papers 13233, University of Minnesota, Department of Applied Economics.
    9. A C Vias & G F Mulligan, 1997. "Disaggregate Economic Base Multipliers in Small Communities," Environment and Planning A, , vol. 29(6), pages 955-974, June.
    10. Michael L. Lahr & João Pedro Ferreira & Johannes R. Többen, 2020. "Intraregional trade shares for goods‐producing industries: RPC estimates using EU data," Papers in Regional Science, Wiley Blackwell, vol. 99(6), pages 1583-1605, December.
    11. Brian Chi-ang Lin & Siqi Zheng & Xiangzheng Deng & Zhan Wang & Chunhong Zhao, 2016. "Economic Evolution In China Ecologically Fragile Regions," Journal of Economic Surveys, Wiley Blackwell, vol. 30(3), pages 552-576, July.
    12. Tello, Mario D., 2010. "From national to local economic development: theoretical issues," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    13. Benedikt S. L. Fritz & Robert A. Manduca, 2019. "The Economic Complexity of US Metropolitan Areas," Papers 1901.08112, arXiv.org.
    14. Denis Requier-Desjardins & Liliana Cano & Sai Bravo, 2019. "Stratégies des ménages et diversification des moyens d’existence dans un territoire pétrolier : le cas du Nord de l’Amazonie Equatorienne," Post-Print hal-02307384, HAL.
    15. Diana Rokita-Poskart & Łukasz Mach, 2019. "Selected Meso-Economic Consequences of the Changing Number of Students in Academic Towns and Cities (A Case Study of Poland)," Sustainability, MDPI, vol. 11(7), pages 1-15, March.
    16. Jessie Lerousseau, 2018. "Tentatives de réhabilitation de la théorie de la base : à la recherche des origines," Working Papers hal-01874818, HAL.
    17. Aleksandra Zygmunt, 2017. "Innovation as a Significant Competitiveness Stimulant for Enterprises and Regions (Innowacje jako kluczowy czynnik stymulujacy konkurencyjnosc przedsiebiorstw i regionow)," Research Reports, University of Warsaw, Faculty of Management, vol. 1(23), pages 119-125.
    18. Fritz, Benedikt & Manduca, Robert, 2021. "The Economic Complexity of US Metropolitan Areas," SocArXiv 2gw9c, Center for Open Science.
    19. Gordon F. Mulligan, 2008. "A New Shortcut Method for Estimating Economic Base Multipliers," Regional Science Policy & Practice, Wiley Blackwell, vol. 1(1), pages 67-84, November.
    20. repec:elg:eechap:14395_10 is not listed on IDEAS
    21. Gillis, William & Shahidsaless, Shahin, 1980. "Effects Of Community Attributes On Total Employment Change In Nonmetropolitan Counties," 1980 Annual Meeting, July 27-30, Urbana-Champaign, Illinois 278464, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

    More about this item

    Keywords

    export; export promotion; globalization; economic crisis; trade liberalization; economic growth;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prg:jnlaop:v:2010:y:2010:i:4:id:310:p:12-31. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stanislav Vojir (email available below). General contact details of provider: https://edirc.repec.org/data/uevsecz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.