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Globalization and Democratization Nexus

  • Adeoye O. Akinola
Chapter
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Part of the African Histories and Modernities book series (AHAM)

Abstract

In this chapter, I explore the concepts of democracy and globalization, and the relationship between the two. The chapter exposes the false assumptions about democracy and globalization, particularly the notion that presents globalization as the possible end-state of human development. Globalization’s inherent contradictions—which led to the global financial crisis and economic downturn of the late 2000s—reinforce this truth. The attendant resurgence of economic protectionism by advanced capitalist states after the crisis only makes the position stronger. Thus, it is imperative to explore the means in which the globalization of neoliberalism and the activities of global forces have engendered contradictions in their attempts to “democratize” the international system. In conclusion, globalization has failed to enhance the socio-economic development of the Nigerian state and society.

Keywords

Democracy Globalization Neo-liberalism Economic development Less Developed Countries 

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Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Adeoye O. Akinola
    • 1
  1. 1.Department of Public AdministrationUniversity of ZululandKwaDlangezwaSouth Africa

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