Indigenisation in Nigeria: Renationalisation or Denationalisation?
During the 1970s there has been a growth in the role of the state and an assertion of economic nationalism throughout Africa. As in the rest of the developing world, most national states have increasingly taken on regulative, welfare and planning functions, and the state has become a major (if not the major) economic actor in many countries . At the same time, policies of economic nationalism (nationalisation and indigenisation) have become widespread in Africa and most host-countries have levied increasingly stringent regulations on the operations of foreign firms .
KeywordsVote Rule Foreign Capital Local Partner Transnational Corporation Share Capital
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Notes and References
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- 2.C. Fred Bergsten, Thomas Horst and Theodore H. Moran, American Multinationals and American Interests (Washington: Brookings Institution, 1978).Google Scholar
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