• Corruption And Underdevelopment
    [A CASE STUDY OF HALLIBURTON]

  • CHAPTER ONE -- [Total Page(s) 7]

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    • • Objective of the Study
      The major concern of this study is to investigate how the growing incidence of corruption has stunned underdevelopment in Nigeria. However, the specific objectives are stated as follows;
      • To discover if corruption is responsible for Nigeria’s underdevelopment.
      • To ascertain if the persistence of corruption in Nigeria is linked to external factors.
      • To determine if the deregulation policy is capable of curbing the menace of corruption in Nigeria.
      • Significance of the Study
      The study has two basic significances. They are both practical and theoretical in nature. Practically, this research work will be a guide to policy makers, economists, political analysts, policy implementers, and researchers. In other words, it will serve as a tool for the government and private organizations on how to curb and prevent corrupt practices and engender development in Nigeria. Theoretically, the study will close the existing gap in the literature in corruption and by so doing; add to the existing volume of knowledge on the connection between corruption and underdevelopment and how it can be curbed.
      • Literature Review
      In order to justify the objectives of the study, it will be necessary to review the works of other scholars in the field of study since such a review will provide us with adequate background. It is through such a review that we will be able to diagnose the short comings of previous studies and the way in which the present study will help in providing solutions to the problems. Ebenezer [1986] in his book Corruption in a Neo-Colonial State: The Nigerian Experience, tried to pose the question—what causes corruption and why various policies that are against corruption in Nigeria have failed? In his answer, he maintains that our leaders failed to comprehend the real causes of corruption. He emphasized that “corruption is a clear cut product of neo colonization which bases its economic program on the capitalist form of development”. Stretching further, he examined the efforts of past administrations to bring to an end, the act of corruption and explained why they were defective. According to him, they failed because corruption is often a symptom of deeper difficulties in the societies where it is prevalent, and usually operates within the broader context of other social problems. The writer’s [Michael Johnston] argument is fraught with same problems.
      One of the problems is being that he was unable to highlight these deeper difficulties which he sees as symptoms of corruption. Hence, corruption is associated with slow economic growth, reduced investment, and feeble property and contract rights, ineffective institutions, limited social interaction and weak rule of law, poor economic competitiveness, deep ethnic divisions and conflicts, low popular participation in politics, weak protection of civil liberties, low educational attainment, and closed economic and political systems. In other words, corruption is pervasive in underdeveloped societies and there is hardly any effective means of combating the cankerworm.
      Okadigbo [2000] stated that: “When a regional leader is at the helm of a nation’s affairs, where loyalty to an ethnic group supersedes national loyalty, where the national treasure chest is seen as the body of the conqueror at Lagos, when the winner takes all or want to take all without apology and without remorse. When the citizens are careless about how wealth is acquired but cares more whether the conditions of political economy of the state are complete, corruption becomes the order of the day from top to bottom and from bottom to top”. This implies that in Nigeria, the phenomenon of corruption must be subjected to more intensive analysis as Nigerians bye and large, ask less of what is stolen but more of who stole and from where he comes. It is by discovering the much that was stolen, squandered, mismanaged or siphoned abroad that the citizens would begin to appreciate the link between corruption and underdevelopment as those resources that were frittered away would have been able to stimulate the economy and engender socio-economic and political development of the country. What is underdevelopment? Many scholars have given different meaning to the concept. To Rodney [1972] underdevelopment results from unequal interaction between two societies. The more this unequal relationship lasts, the more the backwardness of the less privileged ones. In other words, development is a sign that the developed and underdeveloped societies came into contact when they were in different levels. He further said that if the underprivileged society hopes that they can make ways in this type of relationship, then it is deceiving itself. The poverty of the less privileged one is the development of the other. This situation will be worsening as far as the relationship continues. He gave example of the European capitalism and the indigenous hunting societies of America and the Caribbean. He said that the contact between the two nearly exterminated the later. This can be applicable in what is happening in the capitalist society today, this is a warning that as far as the relationship lasts, the third world countries will not make any breakthrough to industrialization. From experience, it could be seen that the situation is worsening instead of improving. He uses Soviet Union, China and Korea as the concrete instance of the operation of this rule. He said that these countries were nearly exterminated when they came into contact with the more mature capitalism of the western Europe and that these societies advanced to their present state of development because they succeeded these relationship with the capitalist world and followed a new path altogether. He went further to conclude by saying that, “indeed, as far as the two biggest socialist states are concerned [the former Soviet Union and China], socialist development has already catapulted them beyond states such as Britain and France, which have been following the capitalist path for centuries. Rodney [1972] catalogued the disadvantages that go with the unequal relationship with the advanced countries. He mentioned poverty, stagnation, greed etc. and traced the present predicament of Africa to the time it came into contact with the advanced countries. In the 15th century, this contact gave birth to the underdevelopment of Africa today. This in this view is why Africa has continued to stagnate and Europe continues to develop. In other words, before this contact, Africa has been developing on their own pace but, this was truncated since its contact with the capitalist world. Rodney concluded by delinking from this relationship and the adoption of socialist mode of production in line with the Soviet Union and the Republic of China. He based his argument on the fact that socialism aims at and has significantly achieved the creation of plenty, so that the principle of egalitarian distribution becomes consistent with the satisfaction of the needs of the members of the society. To him when this is achieved, the workers and the peasants will control the economy, and the exploitation and misery will end. What Rodney [1972] has said, is what is really happening to Africa today. I strongly share his view of severing the relationship from the two advance capitalist countries, though he did not tell us of the consequences of this option and how to avoid it or the palliatives to cushion the effect of delinking. Ake [1981], in his Political Economy of Africa, dwelt extensively on the contemporary features of African economy and how they might be changed in the future. He traced the history of Africa from the colonial period to the neo-colonial period. He also dwelt extensively on the strategies which the national leaders have adopted to engineer development but these strategies failed to work because of the international atmosphere which make the plan unrealistic. In his opinion, “more often than not the plan is really not a strategy for development but an aggregation of projects and policies, which may sometimes be incompatible”. He agreed that the underdevelopment of Africa is as a result of its long contact with capitalism, and pointed out that the national bourgeoisie contributes a lot to the underdevelopment of Africa through their connivance with the international bourgeoisies by applying
      wrong and incompatible policies. He went further than Rodney [1972] and Fanon [1961] to show the conditions that led to the emergence of the petty bourgeoisie, the instrument of this accumulation and the national post-colonial state. According to him, the post-colonial state involves itself in the class struggle. That is to say that the state was highly politicized.
  • CHAPTER ONE -- [Total Page(s) 7]

    Page 2 of 7

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