Agbor Meg Bags Doctorate In Business Administration With Distinction
By Tarhyang Enowbikah Tabe
Meg Agbor |
The Director of Cameroon based internationally acclaimed, women-led Civil Society Think Tank, Changing Mentalities, Empowering Groups, CHAMEG; Magdalene Agbor has successfully completed her recent studies and bagged a Doctorate Degree In Business Administration.
Her new accolade was awarded by the Board of the
Atlantic International University, Honolulu, Hawai, USA after obtaining an
outstanding Grade Point Average of 3.85 on a scale of 4.
The elaborate study, it should be noted took the
Civil Society giant four years of intensive course work.
Her thesis, “The Impact Of Globalization Constructs On The Economic
Variables Of Cameroon And China From 2013 To 2017” was validated by supervisors
of high repute before declaring her successful and worthy of the Doctorate
Degree In Business Administration.
Speaking to The Advocate Cameroon ,she said, she
dedicated her work to the over 6000 Cameroonian children in the English
speaking regions of Cameroon who were deprived of their education due to the
Anglophone Crisis that commenced in Cameroon in 2016.
She further dedicated her work to her husband Sesekou,
Dr. Jacob Agbor and her children, Alvin, Jacob junior, Edmund and grandson
Demar for their financial and moral support.
The Civil Society heavy weight and Community crowd
puller is also social entrepreneur with a lot of positive tales from those who
have passed through her empowerment center.
She said her work; “The Impact of Globalization
Constructs on the Economic Variables of Cameroon and China From 2013 To 2017”
is available for exploitation by all and sundry.
Agbor Magdalene’s research studied the relationship
between globalization and the economies of Cameroon and The People’s Republic
of China (China) from 2013 to 2017.
Factors like Foreign Direct
Investment (FDI), Exports and Imports were primarily analyzed to define the
current economic situation in these countries.
Secondary source of data for the research were gathered for the time
duration of last 5 years.
According
to Agbor Magdalene, Globalization is the mantra to bring
economic prosperity to all developing countries.
She said today, China has one of the fastest growing
economies and has become one of the highest recipients of foreign direct
investments (FDI), and one of the highest exporters of FDI to Africa.
Hence the study was intended to play a vital role in compelling the
government authorities of Cameroon to focus their attention towards the
economic and growth indicators of high importance.
This
study examined the relationship or the impact of the globalization constructs
of FDI, exports, and imports on the poverty, unemployment, inflation, and the
GDP growth rates in Cameroon and China.
The quantitative ex post facto study
utilized five years (2013-2017) of annual secondary data from Cameroon and
China to determine the impact of the economic globalization constructs on the
economic variables of Cameroon and China. The research approach posed one main
research question and 12 sub-research questions which provided structure to the
main research question.
The
goal of her research was to examine the relationship between the dependent and
independent variables, 12 hypotheses were tested for Cameroon and China.
The
research findings demonstrated that in China, five out of the 12 models studied
showed that there existed a positive relationship between some globalization
constructs and economic variables.
The
study also revealed that there exist a significant relationship between the GDP
growth rate and FDI, the inflation rate and FDI, the unemployment rate and
imports, and the GDP growth rate and imports in China and that in Cameroon, there
was no significant relationship found between the independent and dependent
variables.
The
implication of this study for Cameroon according to the Scholar, is that
Cameroonians should have an understanding that globalization has become an
irreversible phenomenon.
“Cameroon
needs to make major improvements in their economic, legal and political institutions
so as to become attractive to FDI.
Cameroonian has for many years depended on
taking domestic and foreign bank loans. To benefit from the impact of
globalization, the country needs to stop depending on loans, and depend more on
FDI by easing its licensing requirements, reduce its high taxes, create a fair
and equitable judicial system, adapt the rule of laws, and work on eradicating
the insurmountable amount of consumption which is now prevalent in the country.”
Agbor Magdalene aka Agbor Meg concluded.
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