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Socio-Economic Globalization in Nigeria: Christian Religious Responses

By Institute Of African Studies, University Of Nigeria, Nsukka.

Summary

Abstract:
This paper is geared towards the understanding of socio-economic globalization in Nigeria. The research reveals globalization as a form of freedom and ability of individuals to imitate voluntary economic transactions with residents in other countries. It showcases socio-economic globalization as promotion of free market, ruthless competition, privatization of public enterprises, and maximization of profits mostly by companies from developed countries. The socio-economic globalization informs open borders, weakening of state powers, deregulation and trade liberation. The developed nations behind socio-economic globalization of the world are not seeking to uphold the dignity of all the members of the world community. Neither are they seeking to maintain and balance the interest of the members of the global village. The research further reveals that proponents and sponsors of socio-economic globalization aim at integrating local economies into the global market system, to ensure economic progress that would benefit developed and developing countries, consumers and producers. The Christian religious responses insist that religious life cannot be absolutely separated from the economic life of the people in general. The divine socio-economic principle is based on organized care that takes into consideration the status of the poor and the rich in the community. The church as agent of divine socio-economic integration challenges the world to provide alternative economic model capable of addressing the situations of the poor and the marginalized in the global community.
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About the Author

Institute Of African Studies, University Of Nigeria, Nsukka.

http://www.unn.edu.ng/academics/institute/institute-of-african-studies-2/
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