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Economic Reform And Macroeconomic Management In Nigeria
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Book Synopsis Nigeria's Economic Reforms by : Ngozi Okonjo-Iweala
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.
Book Synopsis Economic Reform and Macroeconomic Management in Nigeria by : Ademola Ariyo
Download or read book Economic Reform and Macroeconomic Management in Nigeria written by Ademola Ariyo and published by . This book was released on 1996 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Reforming the Unreformable by : Ngozi Okonjo-Iweala
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.
Book Synopsis Economic Diversification in Nigeria by : Zainab Usman
Download or read book Economic Diversification in Nigeria written by Zainab Usman and published by Zed Books. This book was released on 2023-12-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria has for long been regarded as the poster child for the 'curse' of oil wealth. Yet despite this, Nigeria achieved strong economic growth for over a decade in the 21st century, driven largely by policy reforms in non-oil sectors. This open access book argues that Nigeria's major development challenge is not the 'oil curse', but rather one of achieving economic diversification beyond oil, subsistence agriculture, informal activities, and across its subnational entities. Through analysis drawing on economic data, policy documents, and interviews, Usman argues that Nigeria's challenge of economic diversification is situated within the political setting of an unstable distribution of power among individual, group, and institutional actors. Since the turn of the century, policymaking by successive Nigerian governments has, despite superficial partisan differences, been oriented towards short-term crisis management of macroeconomic stabilization, restoring growth and selective public sector reforms. To diversify Nigeria's economy, this book argues that successive governments must reorient towards a consistent focus on pro-productivity and pro-poor policies, alongside comprehensive civil service and security sector overhaul. These policy priorities, Nigeria's ruling elites are belatedly acknowledging, are crucial to achieving economic transformation; a policy shift that requires a confrontation with the roots of perpetual political crisis, and an attempt to stabilize the balance of power towards equity and inclusion. The eBook editions of this book are available open access under a CC BY-NC-ND 4.0 licence on bloomsburycollections.com. Open access was funded by The Carnegie Endowment for International Peace.
Download or read book Africa's Lions written by Haroon Bhorat and published by Brookings Institution Press. This book was released on 2016-11-08 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining the economic forces that will shape Africa's future. Africa’s Lions examines the economic growth experiences of six fast growing and/or economically dominant African countries. Expert African researchers offer unique perspectives into the challenges and issues in Ethiopia, Ghana, Kenya, Mozambique, Nigeria, and South Africa. Despite a growing body of research on African economies, very little has focused on the relationship between economic growth and employment outcomes at the detailed country level. A lack of empirical data has deprived policymakers of a robust evidence base on which to make informed decisions. By harnessing country-level household, firm, and national accounts data together with existing analytical country research—the authors have attempted to bridge this gap. The growth of the global working-age population to 2030 will be driven primarily by Africa, which means that the relationship between growth and employment should be understood within the context of each country’s projected demographic challenge and the associated implications for employment growth. A better understanding of the structure of each country’s workforce and the resulting implications for human capital development, the vulnerably employed, and the working poor, will be critical to informing the development policy agenda. As a group, the six countries profiled in Africa’s Lions will largely shape the continent's future. Each country chapter focuses on the complex interactions between economic growth and employment outcomes, within the individual Africa’s Lions context.
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :1451828993 Total Pages :101 pages Book Rating :4.4/5 (518 download)
Book Synopsis Nigeria by : International Monetary Fund
Download or read book Nigeria written by International Monetary Fund and published by International Monetary Fund. This book was released on 2005-12-19 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Poverty Reduction Strategy Paper for Nigeria highlights the National Economic Empowerment and Development Strategy (NEEDS). NEEDS gives special support to agriculture, industry, small and medium-scale enterprises, and oil and gas. Under the plan, the government will seek long-term capital for investment. Trade policy will be modified to unburden business of the red tape and complex procedures that hinder it from flourishing. NEEDS envisages forging stronger links between educational institutions and industry to stimulate rapid industrial growth and efficient exploitation of resources.
Book Synopsis Macroeconomic Policies for Stable Growth by : Delano Villanueva
Download or read book Macroeconomic Policies for Stable Growth written by Delano Villanueva and published by World Scientific. This book was released on 2008 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This volume is a collection of published and unpublished papers that the author has written over the last two decades during part of his tenure at the International Monetary Fund, the South East Asian Central Banks Research and Training Center, and Singapore Management University. The policy-oriented book examines the links between macroeconomic policies and noninflationary, full-employment levels and growth rates of aggregate gross domestic product, with particular focus on the application in emerging markets of the tools of growth theory. Theoretically sound and grounded in practical wisdom, this book is an essential reading for economic, financial and developmental policymakers, professional economists, and undergraduate/graduate students in economics and social sciences."--BOOK JACKET.
Book Synopsis Aid and Reform in Africa by : Shantayanan Devarajan
Download or read book Aid and Reform in Africa written by Shantayanan Devarajan and published by World Bank Publications. This book was released on 2001-01-01 with total page 724 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finally, when the country enters the second generation of reforms, such as public sector institutional reform, short-term, conditionality-based aid can once again be harmful - by reducing ownership, participation, and sustainability of the reform process."--BOOK JACKET.
Book Synopsis The Nigerian Economy and Current Economic Reforms by : Augustus N. Gbosi
Download or read book The Nigerian Economy and Current Economic Reforms written by Augustus N. Gbosi and published by . This book was released on 2007 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Nigeria by : International Monetary Fund. African Dept.
Download or read book Nigeria written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2018-03-07 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper analyzes mobilization of tax revenues in Nigeria. Low non-oil revenue mobilization is affecting the government’s objectives to expand growth-enhancing expenditure priorities, foster higher growth, and comply with its fiscal rule which limits the federal government deficit to no more than 3 percent of GDP. There is significant revenue potential from structural tax measures. A broad-based and comprehensive tax reform program is needed in the short and medium term to address these objectives and generate sustainable revenue growth by broadening the bases of income and consumption taxes, closing loopholes and leakage created by corporate tax holidays and the widespread use of other associated tax expenditures, as well as creating incentives for the subnational tiers of government to raise their own source revenues.
Book Synopsis Dealing with the Challenges of Macro Financial Linkages in Emerging Markets by : Otaviano Canuto
Download or read book Dealing with the Challenges of Macro Financial Linkages in Emerging Markets written by Otaviano Canuto and published by World Bank Publications. This book was released on 2013-10-29 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the challenges of macro financial linkages in the emerging markets.
Book Synopsis State, Economy, and Society in Post-Military Nigeria by : S. Adejumobi
Download or read book State, Economy, and Society in Post-Military Nigeria written by S. Adejumobi and published by Palgrave Macmillan. This book was released on 2011-03-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes how neo-liberal state economic policies and political reforms have impacted on state-society relations, economic and class configurations, social composition of power, social welfare and cohesion in post-military Nigeria; and points to key policy recommendations that may be crucial in redirecting the future of the country.
Book Synopsis Benefits and Costs of Economic Reforms in Nigeria by : Nigerian Economic Society. Conference
Download or read book Benefits and Costs of Economic Reforms in Nigeria written by Nigerian Economic Society. Conference and published by . This book was released on 2006 with total page 818 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Growing Apart written by Peter Lewis and published by University of Michigan Press. This book was released on 2009-12-11 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Growing Apart is an important and distinguished contribution to the literature on the political economy of development. Indonesia and Nigeria have long presented one of the most natural opportunities for comparative study. Peter Lewis, one of America's best scholars of Nigeria, has produced the definitive treatment of their divergent development paths. In the process, he tells us much theoretically about when, why, and how political institutions shape economic growth." —Larry Diamond, Senior Fellow, Hoover Institution "Growing Apart is a careful and sophisticated analysis of the political factors that have shaped the economic fortunes of Indonesia and Nigeria. Both scholars and policymakers will benefit from this book's valuable insights." —Michael L. Ross, Associate Professor of Political Science, Chair of International Development Studies, UCLA "Lewis presents an extraordinarily well-documented comparative case study of two countries with a great deal in common, and yet with remarkably different postcolonial histories. His approach is a welcome departure from currently fashionable attempts to explain development using large, multi-country databases packed with often dubious measures of various aspects of 'governance.'" —Ross H. McLeod, Editor, Bulletin of Indonesian Economic Studies "This is a highly readable and important book. Peter Lewis provides us with both a compelling institutionalist analysis of economic development performance and a very insightful comparative account of the political economies of two highly complex developing countries, Nigeria and Indonesia. His well-informed account generates interesting findings by focusing on the ability of leaders in both countries to make credible commitments to the private sector and assemble pro-growth coalitions. This kind of cross-regional political economy is often advocated in the profession but actually quite rare because it is so hard to do well. Lewis's book will set the standard for a long time." —Nicolas van de Walle, John S. Knight Professor of International Studies, Cornell University Peter M. Lewis is Associate Professor and Director of the African Studies Program, Johns Hopkins University, School of Advanced International Studies.
Book Synopsis Economic Policy Options for a Prosperous Nigeria by : P. Collier
Download or read book Economic Policy Options for a Prosperous Nigeria written by P. Collier and published by Springer. This book was released on 2008-04-24 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book demonstrates that there is sufficient evidence on the Nigerian economy and society to inform many policy issues, and reveals the current problems and policy options that a democratic Nigeria will need to debate and resolve. It presents an agenda of reform as unfinished business.
Download or read book The Sunken Billions written by World Bank and published by World Bank Publications. This book was released on 2009-02-25 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'The Sunken Billions: The Economic Justification for Fisheries Reform' shows the difference between the potential and actual net economic benefits from marine fisheries is about $50 billion per year, or some $2 trillion over the last three decades. If fish stocks were rebuilt, the current marine catch could be achieved with approximately half the current global fishing effort. This illustrates the massive overcapacity of the global fleet. The excess competition for the limited fish resources results in declining productivity, economic inefficiency, and depressed fisher incomes. The focus on the deteriorating biological health of world fisheries has tended to obscure their equally critical economic health. Achieving sustainable fisheries presents challenges not only of biology and ecology, but also of managing political and economic processes and replacing pernicious incentives with those that foster improved governance and responsible stewardship. Improved governance of marine fisheries could regain a substantial part of this annual economic loss and contribute to economic growth. Fisheries governance reform is a long-term process requiring political will and consensus vision, built through broad stakeholder dialogue. Reforms will require investment in good governance, including strengthening marine tenure systems and reducing illegal fishing and harmful subsidies. Realizing the potential economic benefits of fisheries means reducing fishing effort and capacity. To offset the associated social adjustment costs, successful reforms should provide for social safety nets and alternative economic opportunities for affected communities.
Book Synopsis Nigeria Investment and Business Guide Volume 1 Oil and Gas Exploration by : IBP USA
Download or read book Nigeria Investment and Business Guide Volume 1 Oil and Gas Exploration written by IBP USA and published by Lulu.com. This book was released on 2013-08 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria Investment and Business Guide - Strategic and Practical Information
