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Globalisation; Its Implications and Consequences for Developing Countries

AO Oyekanmi

Abstract


This paper attempts to look at the concept of globalisations and analyse its implications and consequences for developing nations in Africa. It is premised on the general perception that globalisations is a positive and powerful force for the improved material well-being of humankind, that would aid the developing countries to create better economic environments to leap frog into the information age; improve their access to technology; speed development and enhance global harmony. Nonetheless its effect on the politics, economics, society a nd culture inthe weaker states cannot be ignored without severe consequences .In order words, the seeming near consensus on the agenda of globalisations notwithstanding, it could be at great cost to the developing nations

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