The primary objective of this book is to examine how public policy issues influence investment decisions of individuals, firms, multinationals and foreign nationals in an economy. Some attention is also given to the explanation of basic economic systems and principles. The book is not exclusively concerned with the Nigerian economy, or with any particular organization of the society, although many of the problems which are examined were suggested by recent experience in Nigeria. Rather, the central concern here is with basic problems which face all societies, particularly with those that arise in the developing economies where most goods are traded among individuals in organized markets. Two basic themes are developed throughout the book which are relevant to a broad range of economic and social questions. These are:
INVESTMENT POLICY ANALYSIS AND THE NIGERIAN ECONOMIC SYSTEM
1. Economic Sector
The economic sector deals with issues relating to investments, economic systems, basic economic principles, ownership structure of enterprises, public and private enterprises
2. Social Services Sector
This section is concerned with issues relating to social services such as health and education. The book is intersectoral and interdisciplinary in nature, it is meant to captivate the interests of students in Faculties of Social Sciences, Education, Medicine, Pharmacy, Law and Agriculture, Humanities and Engineering. Part I of this book develops some important groundwork for a further consideration of the themes stated above. Chapter One deals with an overview of world economic systems and the review of foreign investment policies. Chapter Two examines the ownership structure of enterprises in Nigeria. Chapter Three presents the issues of foreign investment in the Nigerian economy. Chapter Four reviews the structural adjustment programme in Nigeria. Chapter Five reviews American investment in the Nigerian economy. In Chapter Six, Swedish enterprises in the Nigerian economy is examined. Chapter Seven addresses the issues of basic fundamental economic questions. Chapter Eight examines how socialism was practiced in Tanzania between the 1960s and the 1980s. Chapter Nine introduces basic economic analysis. In Chapter Ten, introduction to micro-economics is presented. Public and private enterprises in the Nigerian economy are examined in Chapter Eleven.