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Author : I. A. Ayua
Publisher :
ISBN 13 : 9789782353719
Total Pages : 761 pages
Book Rating : 4.3/5 (537 download)
Download or read book Political Reform and Economic Recovery in Nigeria written by I. A. Ayua and published by . This book was released on 2001 with total page 761 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Richard Sandbrook
Publisher : Cambridge University Press
ISBN 13 : 9780521425636
Total Pages : 188 pages
Book Rating : 4.4/5 (256 download)
Download or read book The Politics of Africa's Economic Recovery written by Richard Sandbrook and published by Cambridge University Press. This book was released on 1993-04 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: The waning of the Cold War means that major political powers no longer feel compelled to support African authoritarianism. Revised official consensus holds that, in Africa as elsewhere, political reform must accompany economic adjustment. According to this view, African recovery requires a reduction in the size and economic role of monopolistic and inefficient states, and their transformation into accountable liberal democracies. Is this a desirable and practicable political programme? Certainly, all over Africa the number of liberal democracies is growing. But can they survive and are they compatible with renewed economic growth? Richard Sandbrook answers these questions, and assesses the feasibility of the new political programme in reinforcing Africa's economic recovery. He argues that the programme has merit in the short term, but, in the longer term, a more self-reliant, state-directed approach should be adopted to ensure prosperity and durable democracy in the region.
Author : Ngozi Okonjo-Iweala
Publisher :
ISBN 13 : 9780979037658
Total Pages : 28 pages
Book Rating : 4.0/5 (376 download)
Download or read book Nigeria's Economic Reforms written by Ngozi Okonjo-Iweala and published by . This book was released on 2007-06-01 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Following years of economic stagnation, Nigeria embarked on a comprehensive reform program during the second term of the Obasanjo administration. The program was based on the National Economic Empowerment and Development Strategy (NEEDS) and focused on four main areas: improving the macroeconomic environment, pursuing structural reforms, strengthening public expenditure management, and implementing institutional and governance reforms. This paper reviews Nigeria's recent experience with economic reforms and outlines major policy measures that have been implemented. Although there have been notable achievements under the program, significant challenges exist, particularly in translating the benefits of reforms into welfare improvements for citizens, in improving the domestic business environment, and in extending reform policies to states and local governments." The authors argue that the reform program must be considered as 'initial steps on a long journey'; consequently, they have outlined a number of outstanding issues that need to be addressed by future Nigerian administrations.
Author : Ngozi Okonjo-Iweala
Publisher : MIT Press
ISBN 13 : 0262526875
Total Pages : 211 pages
Book Rating : 4.2/5 (625 download)
Download or read book Reforming the Unreformable written by Ngozi Okonjo-Iweala and published by MIT Press. This book was released on 2014-08-29 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: A report on development economics in action, by a crucial player in Nigeria's recent reforms. Corrupt, mismanaged, and seemingly hopeless: that's how the international community viewed Nigeria in the early 2000s. Then Nigeria implemented a sweeping set of economic and political changes and began to reform the unreformable. This book tells the story of how a dedicated and politically committed team of reformers set out to fix a series of broken institutions, and in the process repositioned Nigeria's economy in ways that helped create a more diversified springboard for steadier long-term growth. The author, Harvard- and MIT-trained economist Ngozi Okonjo-Iweala, currently Nigeria's Coordinating Minister for the Economy and Minister of Finance and formerly Managing Director of the World Bank, played a crucial part in her country's economic reforms. In Nigeria's Debt Management Office, and later as Minister of Finance, she spearheaded negotiations with the Paris Club that led to the wiping out of $30 billion of Nigeria's external debt, 60 percent of which was outright cancellation. Reforming the Unreformable offers an insider's view of those debt negotiations; it also details the fight against corruption and the struggle to implement a series of macroeconomic and structural reforms. This story of development economics in action, written from the front lines of economic reform in Africa, offers a unique perspective on the complex and uncertain global economic environment.
Author : Henry Bienen
Publisher : Routledge
ISBN 13 : 1135174091
Total Pages : 200 pages
Book Rating : 4.1/5 (351 download)
Download or read book Political Conflict and Economic Change in Nigeria written by Henry Bienen and published by Routledge. This book was released on 2013-11-26 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 1985. In the early morning hours of 31 December 1984, the Nigerian military once again removed an elected head of state. A coup carried out by senior military officers ended the Second Republic which had been ushered in by elections at the end of 1979. Political Conflict and Economic Change in Nigeria is based on articles and essays written between 1978 and 1983.
Author : Ayo Teriba
Publisher :
ISBN 13 :
Total Pages : 17 pages
Book Rating : 4.:/5 (129 download)
Download or read book Challenges from Nigeria's Economic Recovery written by Ayo Teriba and published by . This book was released on 2006 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: This piece documents the facts of the supply-side recovery in Nigeria in the last few years and identifies the triggers. It then discusses the challenges the new turn of events pose to policy makers, who are only just responding to the previous downturn. Data that have become available since reforms were announced mid 2004 are presented here to show that the economy had indeed entered a recovery phase since 1999, long before the economic team was assembled. Stagnation has finally given way to strong broad-based economic growth. The large fiscal deficits, the financing of which inflicted inflation, devaluation, and high interest rates, have also now given way to fiscal surpluses. Thus, the economy has changed dramatically, but the policy documents are not yet acknowledging the changes, much less reflect them. The growing disconnect between economic facts and government reforms portend grave risks for the sustainability of the recovery. Unanticipated positive external shocks have stimulated supply-side recovery and provided unexpected funds abroad. Nigeria now has abundant resources that can be used to translate the current windfall to improved living standards and additional capacity for economic growth. It is hoped that this piece will stimulate the necessary debate to ensure that the boom is not left unmanaged.
Author : Adebayo Adedeji
Publisher : Taylor & Francis
ISBN 13 : 9780714640747
Total Pages : 832 pages
Book Rating : 4.6/5 (47 download)
Download or read book The Challenge of African Economic Recovery and Development written by Adebayo Adedeji and published by Taylor & Francis. This book was released on 1991 with total page 832 pages. Available in PDF, EPUB and Kindle. Book excerpt: A special session of the UN General Assembly was held in Abuja, the new Nigerian capital in May 1988. This volume reproduces the major papers, lines of discussion and conclusions of the conference.
Author : Toyin Falola
Publisher : Kent State University Press
ISBN 13 : 9780873388016
Total Pages : 294 pages
Book Rating : 4.3/5 (88 download)
Download or read book Economic Reforms and Modernization in Nigeria, 1945-1965 written by Toyin Falola and published by Kent State University Press. This book was released on 2004 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Created as a result of British colonialism, Nigeria emerged as a nation-state during the mid-20th century. Toyin Falola presents statistical data on Nigeria's economy that illustrate the nature of the changes made throughout the mid-20th century.
Author : Yusuf Bangura
Publisher : Codesria
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.:/5 (4 download)
Download or read book Intellectuals, Economic Reform and Social Change written by Yusuf Bangura and published by Codesria. This book was released on 1994 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Rose Umoren
Publisher :
ISBN 13 :
Total Pages : 244 pages
Book Rating : 4.F/5 ( download)
Download or read book Economic Reforms and Nigeria's Political Crisis written by Rose Umoren and published by . This book was released on 2001 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: The central thesis of this book challenges the view that Nigeria's economic and politcal crises are functions of a self-imposed paralytic political framework; rather they stem from unfavourably fashioned economic reforms. By extension, the military quashing of the 1998 elections was not the cause, but the trigger of the ensuing political crisis, which was rooted in externally imposed economic strategies. This is supported by a review of official data from the World Bank, and the IMF's interventions and structural adjustment during the period. The conclusions are intended to inform policy-makers and professionals in the search for more focused economic strategies. Futher, the findings can be extrapolated to better inform other structurally adjusted African countries.
Author : Mojubaolu Olufunke Okome
Publisher :
ISBN 13 :
Total Pages : 360 pages
Book Rating : 4.3/5 (91 download)
Download or read book A Sapped Democracy written by Mojubaolu Olufunke Okome and published by . This book was released on 1998 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a study of the interaction between liberal economic and political reforms in Nigeria between 1983 and 1993. The work investigates the causes and outcome of the Nigerian state's decision to undertake a simultaneous, dual transition. It considers the role of the state, multilateral organizations and domestic politics as potential causes of policy and the dynamic interaction between economic and political processes during the transition as determinants of the outcome. Few studies focus on the interaction between the role of the multilaterals, external creditors, and the state as well as the state and powerful domestic actors as determinants of development strategy on contemporary Africans. Nigeria's dual transition reveals complex power struggles by these domestic and international actors. By providing evidence of the dynamic interaction between state, society, and external forces during a period of grave economic crisis, the underlying power relations which shaped the possibility of economic recovery and democracy become evident. This book advances interdisciplinary, theoretical dialogue and contributes to policy studies by analyzing the interaction of policymaking with socioeconomic and political outcomes.
Author : Otinche Sunday Inoykwe
Publisher :
ISBN 13 :
Total Pages : 16 pages
Book Rating : 4.:/5 (13 download)
Download or read book Economic Recovery and Growth Plan and Nation Building in Nigeria written by Otinche Sunday Inoykwe and published by . This book was released on 2018 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic recession experienced by Nigeria between 2016 and 2017 constrained government's effort at generating revenue and implementing national development plans. In order to remedy the situation the Buhari government introduced the Economic Recovery and Growth Plan (ERGP) in 20017 as a policy option. The ERGP is designed to diversify the economy, restore economic growth, create jobs, empower the youths, develop the human capital and infrastructure, improved business environment and bring about technological growth. But the success of the ERGP is hinged on the ability of the Buhari led All Progressive Congress government to muster the political will and implement the ERGP in the midst of corruption, predatory and alienated political culture and the symbolic approach to implementing development policies and programmes in Nigeria. Making deductions from the primary and secondary data used analytical variables the paper concluded that Nigeria needs strongmen, strong institutions, and good political culture for the ERGP to succeed. The apprehension that the predatory and alienated political culture and political interest and social apathy may undermine the successful implementation of the ERGP is justifiable. The checklist of solutions provided requires changes in the ethical, social and political orientation of governance by stakeholders for the ERGP to yield optimal results.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264911375
Total Pages : 247 pages
Book Rating : 4.2/5 (649 download)
Download or read book Economic Policy Reforms 2021 Going for Growth: Shaping a Vibrant Recovery written by OECD and published by OECD Publishing. This book was released on 2021-04-14 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: Going for Growth 2021 identifies country-specific structural policy priorities for the recovery across OECD and key non-member countries (Argentina, Brazil, The People’s Republic of China, Costa Rica, India, Indonesia and South Africa). It frames the main policy challenges of the current juncture along three main areas: building resilience; facilitating reallocation and boosting productivity growth for all; and supporting people in transition.
Author : Victor E. Dike
Publisher : CreateSpace
ISBN 13 : 9781494759513
Total Pages : 244 pages
Book Rating : 4.7/5 (595 download)
Download or read book Leadership and Governance written by Victor E. Dike and published by CreateSpace. This book was released on 2014-01 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leadership and Governance is a collection of essays on political economy, leadership and governance, and corruption and community development, as well as on information technology and education. This book, thus, presents a broad overview of the major problems facing the Nigerian economy. Towards that, the contributors highlight the relationship between good leadership and governance and the economic health of Nigeria as they explore the forces for a meaningful change in the polity. This book asserts that political leaders in Nigeria should be held to a higher standard of leadership and governance in order for the economy to grow and develop for 'common good'. Nigeria's educational system is the foundation for its national development. But this is impossible without investing in human capital (education and health), fixing the existing dilapidated infrastructure and institutions and acquiring technological capability that drive the economy. The power of productivity of the Nigerian economy cannot rise above the quality of its leadership, governance and graduates. Today Nigeria's young democracy is in a state of uncertainty because of ineffective leadership and governance as well as lack of accountability. Since all the essential factors are missing in Nigeria's scheme of affairs, its economy as well as the democracy transition will continue to choke and stagnate. There are myriad ways to reform the Nigerian educational system, improve its quality of graduates and the state of the economy. But closing the nation's higher institutions for five months on the pretext that there is no money to meet teachers demands is not a way to improve the state of education and its weak economy. The trouble with Nigeria's democracy is that the people do not get the type of government they want. For instance, praying to God only, as President Goodluck Jonathan often does, to rescue the nation from its challenges is not by any means a strategy to solve Nigeria's socioeconomic and political problems. His administration needs to adopt a long-term strategy for creating a learning culture to improve the state of education and the security situation so as to tackle its development challenges. This includes motivating the teachers, treating them as professional they really are, and providing them with the tools to effectively educate the youths. Like the Nigerian economy without functional infrastructure and institutions, the leaders cannot strip the teachers of the tools they need to perform their duties and expect them to perform miracles. New challenges require new paradigms. The political leaders should adopt new, effective and innovative methods to meet the needs of the economy, the rapidly growing population and the ethno-religious and politically dynamic society. This book posits that without a paradigm shift in values, beliefs and thinking on ways to reform the Nigerian educational system, as well as to invest in the commanding heights of the economy, its educational system and the economy would remain prostrate with its attendant catalogue of human misery.
Author : Meshach Zhizhi
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Political Economy Perspective of Development Planning in Nigeria written by Meshach Zhizhi and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The provision of food, shelter, clothing, and other essential parts of life are the foundations of every government, and the hallmark of governance is to protect the safety of citizens' lives and property. This explains why every government develops models and plans to suit the diverse expectations of its citizens. A good 'development plan,' as many experts have pointed out is a tool that the government may use to meet and cater for the desires and demands of its population (Tordoff, 1993; Iheanacho 2014). That is to say, without a solid development strategy, a country would struggle to make reasonable progress and will continue to languish in abysmal poverty.Development planning is viewed as a focused, articulated policy strategy or means of overcoming economic difficulties. The central aim of development plan is to speedy up economic recovery and achieve economic productivity. It is a long-term strategy aimed at bringing about permanent structural changes in an economy.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264250085
Total Pages : 152 pages
Book Rating : 4.2/5 (642 download)
Download or read book Economic Policy Reforms 2016 Going for Growth Interim Report written by OECD and published by OECD Publishing. This book was released on 2016-02-26 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Going for Growth is the OECD’s regular report on structural reforms in policy areas that have been identified as priorities to boost incomes in OECD and selected non-OECD countries (Brazil, China, Colombia, India, Indonesia, Latvia, Russian Federation and South Africa).
Author : Weltbankgruppe
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (126 download)
Download or read book Nigeria Development Update, June 2021 written by Weltbankgruppe and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2020, Nigeria experienced its deepest recession in four decades, but growth resumed in the fourth quarter as pandemic restrictions were eased, oil prices recovered, and the authorities implemented policies to counter the economic shock. As a result, in 2020 the Nigerian economy experienced a smaller contraction (-1.8 percent) than had been projected when the pandemic began (-3.2 percent). As part of its response, the government carried out several long-delayed policy reforms, often against vocal opposition. Notably, the government (1) began to harmonize exchange rates; (2) began to eliminate gasoline subsidies; (3) started adjusting electricity tariffs to more cost-reflective levels; (4) cut nonessential spending and redirected resources to COVID-19 (coronavirus) responses at both the federal and the state levels; and (5) enhanced debt management and increased public-sector transparency, especially for oil and gas operations. By creating additional fiscal space and maximizing the impact of the government's limited resources, these measures were critical in protecting the economy against a much deeper recession and in laying the foundation for earlier recovery. However, several critical reforms are as yet incomplete, which threatens Nigeria's nascent recovery. In the baseline scenario, Nigeria's economy is expected to grow by 1.8 percent in 2021. Despite the current favorable external environment, with oil prices recovering and growth in advanced economies, reform slippages would hinder the renewed economic expansion and undermine progress toward Nigeria's development goals. In a risk scenario, in which the government fails to sustain recent macroeconomic and structural reforms, the pace of economic recovery would slow, and GDP growth couldbe just 1.1 percent in 2021.
