The left, economic crisis and alternative development paradigms

Authors

  • Dr. Dele Seteolu Lagos State University, Nigeria

Keywords:

left, economic crisis and alternative development paradigms

Abstract

Purpose: The purpose of this study was to examine the left economic crisis and alternative development paradigms.

Methodology: The study used desktop research methodology.

Results: In appraising options in the globalized economy, the Nigerian state should re think market policy and the nature of mix between the state and market. The state and market should co-exist and compete amid a superintendent role for statist structures. In other words, the state should supervise the market with a view to protecting the interest of the weak and vulnerable social groups. It should play a leading role in development, identify, and pursue relevant development agenda required to exit Africa's structural distortions and underdevelopment.

Conclusion: The Nigeria's political economy demands that development should be predicated on human progress, qualitative development, and the capacity to conquer and adapt to the physical milieu.

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Author Biography

Dr. Dele Seteolu, Lagos State University, Nigeria

Senior Lecturer, Department of Political Science

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Published

2017-03-02

How to Cite

Seteolu, D. D. (2017). The left, economic crisis and alternative development paradigms. International Journal of Economics, 2(3), 1–13. Retrieved from https://iprjb.org/journals/index.php/IJECON/article/view/233

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Articles