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In: Economics

Research question: To what extent has FDI by Huawei benefited the Lagos, region of Nigeria? What...

Research question: To what extent has FDI by Huawei benefited the Lagos, region of Nigeria?

  • What documents/research will you be using to answer your research question
  • What economic theory you will be using to answer your question
  • hypothesises

Solutions

Expert Solution

Answer:

1. Huawei being a Chinese company invested a huge amount in the Lagos, region of Nigeria thereby giving numerous benfits to the West African Country. Some of these are:

  • Overall improvement of the Information and Communication Technology Systems in the area.
  • Skills buiding and training of the local in the Lagos region thereby contributing to long-term skills development.
  • Opening up of a IT hub in Lagos, Nigeria boosted job opportunities and gave employment to 1000s in the region.
  • The region benefitted from the social contributions made by Huawei as well in form of investments in education sector, the establishment of Innovation Centre at the University of Lagos and others.

2. Research Method To Answer The Above Research Question:

  • The above research question involves studying the actual data and exploring the benefits if so received by Lagos, region of Nigeria. Therefore, Qualitative Research specifically Explorative Research can be used to find the answers to the research question. We can conduct in depth survey in the specified area of study and even conduct some personal interviews of top officials and company associates in the region.

3. Question Hypothesis:

Alternate Hypothesis: Lagos, region of Nigeria benefitted to a wide extent from FDI investments by Huawei.

We can use the concept of Positive Economics Analysis to get an answer to our research question hypothesis. For it, we to analyze the research question understand the present scenarion of Lagos, region of Nigeria and compare it with the past so as to reach to a conclusion whether and to what extent FDI investments by Huawei benfitted them.


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