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Stifling Trade Policy, Case of Nigeria and the Infant Industry Argument: A Review Article


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1 Josef Korbel School of International Studies, University of Denver, 2201 South Gaylord Street, Denver, United States
2 Metropolitan State University of Denver, Denver, United States
     

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Nigeria is Africa's largest country by population and one of the continent's largest economies. Still, growth in the West African nation has been mostly fueled by the oil sector, and has proven incredibly unreliable. This paper looks at the implementation of the Infant Industry Argument as a justification for restrictive trade policies in Nigeria, and the negative impacts that those restrictions have had in terms of the diversification of the Nigerian manufacturing economy. The paper looks at relative literature around the topic, as well as data important in understanding the effect of trade restrictions on Nigeria's economy.
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  • Stifling Trade Policy, Case of Nigeria and the Infant Industry Argument: A Review Article

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Authors

Camden Bowman
Josef Korbel School of International Studies, University of Denver, 2201 South Gaylord Street, Denver, United States
Kishore G. Kulkarni
Metropolitan State University of Denver, Denver, United States

Abstract


Nigeria is Africa's largest country by population and one of the continent's largest economies. Still, growth in the West African nation has been mostly fueled by the oil sector, and has proven incredibly unreliable. This paper looks at the implementation of the Infant Industry Argument as a justification for restrictive trade policies in Nigeria, and the negative impacts that those restrictions have had in terms of the diversification of the Nigerian manufacturing economy. The paper looks at relative literature around the topic, as well as data important in understanding the effect of trade restrictions on Nigeria's economy.

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DOI: https://doi.org/10.15410/aijm%2F2015%2Fv4i1%2F59892