Globalization, human capital development and health outcomes in Nigeria
Abstract:Using the Autoregressive Distributed Lag Model (ARDL), this study investigated the relationship between globalization, human capital development, and health outcomes in Nigeria between 1980 and 2021. The findings indicated that, although the impact was negligible over time, globalization had a long-term, favorable, and considerable impact on health outcomes. Also, it was discovered that government spending on health and per capita income improves health outcomes over time while dampening them in the short term. Long-term and short-term improvements in health outcomes have also been linked to government spending on education. This demonstrates how well globalization and the development of human capital have improved Nigerian health outcomes. This implies that attaining the sustainable development objective target of good health and welfare in Nigeria requires a substantial contribution from globalization and human capital investment. This study thereby recommends policies that will encourage continuous integration into the global world to harness the advantages of globalization and also the mobilization of more resources towards investment in health and education to help achieve improved health outcomes