What is the importance of indigenization of development?

Indigenization also contributes to a more just world, creating a shared understanding that opens the way toward reconciliation between Indigenous and non-Indigenous people. It also counters the impacts of colonization by upending a system of thinking that has typically discounted Indigenous knowledge and history.

What is the meaning of Indigenisation policy?

Meaning of Indigenisation Indigenization can be defined as the transfer of ownership and control of business enterprises from foreigners to the indigenes. It is a policy designed to ensure greater participation of indigenes in the ownership, control and management of business enterprise.

What is the difference between indigenization and nationalization?

Nationalization transfers ownership to the government not withstanding whether the business was owned by local people or foreigners while indigenization transfers ownership of foreign business to private citizens of the country.

What do you understand about indigenization?

Indigenization is the process by which Indigenous ways of knowing, being, doing and relating are incorporated into educational, organizational, cultural and social structures of the institution.

What is an example of indigenization?

For example, Christianization was a form of indigenization by converting areas and groups to follow Christianity.

What are the three indigenization movements?

Three aspects of indigenization (Church & Katigbak 2002) In this study, after identifying whether an article was SP or not, the above criteria were used to find out which goal was emphasized: a) development of local concepts and theories; b) adaptation or development of culturally appropriate methods; and c) …

What is indigenization example?

What are the advantages of Nationalisation?

It ensures steady supply of essential services: When essential services like water supply is owned by private individuals in a country, it won’t be as efficient as when it is owned by the government. Thus, nationalization is a way of through which can ensure efficiency in the supply of some goods or services.

What does indigenization mean in Canada?

Indigenization is a process of naturalizing Indigenous knowledge systems and making them evident to transform spaces, places, and hearts. In the context of post-secondary education, this involves bringing Indigenous knowledge and approaches together with Western knowledge systems.

What is decolonization for indigenous peoples?

Decolonization requires non-Indigenous individuals, governments, institutions and organizations to create the space and support for Indigenous Peoples to reclaim all that was taken from them.

What is Pakapa Kapa?

by the term itself, pakapa-kapa is an approach characterized by groping, searching, and probing into an unsystematized mass of social and cultural. data to be able to obtain order, meaning, and directions for research.

What is Filipino personality?

Filipinos have been described as friendly, outgoing, sensitive, easily offended, nosy, garrulous, direct, hospitable, feisty, irreverent, good natured, clever, witty, gregarious, happy, generous, easy to laugh, gracious, easy to befriend, casual, fun loving, sensitive and hospitable.

What was the purpose of the indigenisation policy in Nigeria?

Simply put, the Nigerian Indigenisation Policy was a government initiative that aimed to recover control of several vital and productive sectors of. basic objective of its foreign investment policy since the end of the civil war in Nigeria’s indigenisation programme provides an illustration of the extent to which .

Indigenization policy is a deliberate government policy aimed at replacing foreign investors and personnel in certain industries with indigenes or the natives of a country that is, excluding foreign participation in certain productive activities. This is different from nationalization which means taking over the ownership of an organization.

Why is indigenization a trend in West Africa?

1. Indigenization has become a recent, trend in West Africa as a way of solving the mounting unemployment problems. 2. It is also aimed at saving foreign exchange by eliminating the opportunity of foreign personnel to repatriate incomes to their home countries. 3.

What happens when foreigners disposing of assets in Nigeria?

In the occasion of foreigners actually disposing of their assets, their interest in the Nigerian economy would be severely weakened and most often than not, the distraught investors quickly moved all their capital back to their nations of origin. History of Nigeria Business in Nigeria. Sign In or Create an Account.