Vol. 13 (12) pp. 1122-1138 DOI: 10.21474/IJAR01/22444

TRADE LIBERALISATION THE TOOL TOPROMOTING SUSTAINABLE ECONOMIC GROWTH A CASE STUDY OF NIGERIA (1993-2023)

  • Gradxs Scholar of Ph.D in International Economics of the Dept. of Development Economics in IICU University of Technology, Penh, Cambodia.
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Abstract

Trade liberalisation is a central strategic economic policy applied in the pursuit of economic transformation across developing economies and developed economies which herewith fosterthe removalof trade restriction in the economy of countries in order to diversify and expand the nations economy wealth. It assists in the opening of the countrys economy resources for exploration and economic trade, that carries wide range of advantages there byallowing productive gains, competitiveness, and foreign investment inflows, while also acknowledging the challenges of import dependence, weak domestic industrial capacity, and vulnerability to external shockson the host countrys economy, it also carries diverse advantages. This study seeks to examines the role of trade liberalisation in promoting sustainable economic growth in Nigeria from 1993 to 2023. The objective of this research study is achievable through the analysis of secondary data collation by well-established government or international agenciesand with the aid of time-series econometric techniques such as the Augmented Dickey Fuller (ADF) test, Johansen cointegration analysis, and the Vector Error Correction Model (VECM). The research study is to investigates both the long-run and short-run dynamics relationship between trade openness and sustainable growth that could be achieved through it by Nigeria economy.

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How to Cite This Article

Godwin Eshorame Gali (2025); TRADE LIBERALISATION THE TOOL TOPROMOTING SUSTAINABLE ECONOMIC GROWTH A CASE STUDY OF NIGERIA (1993-2023), International Journal of Advanced Research (IJAR), 13 (12), 1122-1138, ISSN 2320-5407. DOI: https://doi.org/10.21474/IJAR01/22444

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Godwin Eshorame Gali

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