Economic Integration, Trade Balances and Socioeconomic Development in Nigeria

Uduak B. Ubom
Uduak B. Ubom
Anthonia U. Ubom
Anthonia U. Ubom
Akpan J. Williams
Akpan J. Williams
University of Uyo University of Uyo

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Economic Integration, Trade Balances and Socioeconomic Development in Nigeria

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Abstract

This article examined the link between economic integration, trade balances and socioeconomic development in Nigeria. Specifically, the work was designed to trace the trend of the variables of exports and imports, trade flows and trade balances as well as the variables of socio-economic development including the gross domestic product (GDP), unemployment and inflation rate in Nigeria from 1981 to 2013. In order to achieve this objective, the exploratory, descriptive and desk research design were used. In line with these, data were sourced from existing documents and materials including the Central Bank of Nigeria (CBN) statistical Bulletin, CBN Annual Reports and Statement of Account, CBN Bullion, Journals, textbooks, periodicals and internet-based sources.

References

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Uduak B. Ubom. 2015. \u201cEconomic Integration, Trade Balances and Socioeconomic Development in Nigeria\u201d. Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 15 (GJMBR Volume 15 Issue C3).

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords
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GJMBR-C Classification JEL Code: A14
Version of record

v1.2

Issue date
April 22, 2015

Language
en
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Economic Integration, Trade Balances and Socioeconomic Development in Nigeria

Uduak B. Ubom
Uduak B. Ubom <p>University of Uyo</p>
Anthonia U. Ubom
Anthonia U. Ubom
Akpan J. Williams
Akpan J. Williams

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