Globalisation of Nigerian Economy: Constraints and Competition Challenges facing Women’s Employment in the Industrial Sector

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Date
2016
Authors
Dauda, R.O.S
Egunjobi, T.A
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Abstract
This paper examined the constraints and competition challenges facing women employment in the industrial sector. In the light of the changing global environment, when various structural adjustments measures, including devaluation, privatisation, new initiative in trade policy, industrial policy, liberalisation and globalisation are applied to the Nigerian economy, it is seen to lack the necessary measures for improving industrial efficiency, productivity and international competitiveness. Findings indicated that the macroeconomic environment of structural adjustment has had negative impacts on the input, output, income, savings, and investment of microenterprises owned by rural women and has restricted new entrants into enterprise ownership. Restricted access to economic resources and appropriate technology were identified as the major obstacles to the survival of women-owned enterprises. The paper outlines required policies to make Nigerian firms resilient to face global challenges thrown open due to the new liberalisation policy framework. Suggestions to enhance women participation in the industrial sector are proffered.
Description
Staff Publications
Keywords
Women Employment , Industrial Sector
Citation
Dauda, R.O.S and Egunjobi, T.A (2016) Globalisation of Nigerian Economy: Constraints and Competition Challenges facing Women’s Employment in the Industrial Sector.