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How Does Political Instability Affect Economic Growth?

How Does Political Instability Affect Economic Growth? PDF Author: Mr.Ari Aisen
Publisher: International Monetary Fund
ISBN: 1455211907
Category : Business & Economics
Languages : en
Pages : 30

Book Description
The purpose of this paper is to empirically determine the effects of political instability on economic growth. Using the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 countries, and 5-year periods from 1960 to 2004, we find that higher degrees of political instability are associated with lower growth rates of GDP per capita. Regarding the channels of transmission, we find that political instability adversely affects growth by lowering the rates of productivity growth and, to a smaller degree, physical and human capital accumulation. Finally, economic freedom and ethnic homogeneity are beneficial to growth, while democracy may have a small negative effect.

How Does Political Instability Affect Economic Growth?

How Does Political Instability Affect Economic Growth? PDF Author: Mr.Ari Aisen
Publisher: International Monetary Fund
ISBN: 1455211907
Category : Business & Economics
Languages : en
Pages : 30

Book Description
The purpose of this paper is to empirically determine the effects of political instability on economic growth. Using the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 countries, and 5-year periods from 1960 to 2004, we find that higher degrees of political instability are associated with lower growth rates of GDP per capita. Regarding the channels of transmission, we find that political instability adversely affects growth by lowering the rates of productivity growth and, to a smaller degree, physical and human capital accumulation. Finally, economic freedom and ethnic homogeneity are beneficial to growth, while democracy may have a small negative effect.

The Causes of Instability in Nigeria and Implications for the United States

The Causes of Instability in Nigeria and Implications for the United States PDF Author: Clarence J. Bouchat
Publisher: Army War College Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 136

Book Description
The political economy problems of Nigeria, the root cause for ethnic, religious, political and economic strife, can be in part addressed indirectly through focused contributions by the U.S. military, especially if regionally aligned units are more thoroughly employed.

The Roots of Political Instability in Nigeria

The Roots of Political Instability in Nigeria PDF Author: Dr E C Ejiogu
Publisher: Ashgate Publishing, Ltd.
ISBN: 1409489213
Category : History
Languages : en
Pages : 264

Book Description
The constant drumbeat of headlines about Darfur, Zimbabwe, Sudan, Somalia, as well as the other states in Africa that are beleaguered by political instability have made the causes of failed states and intra-state political conflicts a major issue, both academic and practical. Using Harry Eckstein and Ted R. Gurr's congruence-consonance theoretical framework of regime classification, E.C. Ejiogu examines the internal variations of society evident in the Nigerian state to explain why the country experiences political conflict and instability. The first time this theoretical framework has been applied to an African country; E.C. Ejiogu offers a balanced and interdisciplinary analysis of the evolution in the Nigerian political system and the role played by evolved social traits in society. Exploring themes such as colonial rule and legacies, economic development, political authority and religion, Ejiogu insists that it is critical to examine Africa's diverse nationalities in terms of their geography, social, economic and authority patterns as critical elements that are disregarded in accounts of their political development. At a time when the question of state building in Africa is still unresolved, this timely book is a major contribution to the literature on transition processes in African politics and is particularly relevant to scholars and policy makers wanting to grapple with the issues associated with Africa's political disorder and the other social problems it spawns.

Military Politics in Nigeria

Military Politics in Nigeria PDF Author: Theophilus Olatunde Odetola
Publisher: Transaction Publishers
ISBN: 9781412828734
Category : History
Languages : en
Pages : 212

Book Description


Infrastructure Development in Nigeria

Infrastructure Development in Nigeria PDF Author: Michael O. Onolememen
Publisher: Routledge
ISBN: 1000026353
Category : Political Science
Languages : en
Pages : 165

Book Description
This book examines the politics and economics of infrastructure development in Nigeria from Independence in 1960 up to 2015, and the role of good governance in promoting the socioeconomic wellbeing of citizens. Arguing for the need for transformational leadership in infrastructure development, the chapters examine policy issues and survey the various administrative, economic, and social-political reforms that have impacted infrastructure development in Nigeria. The author also discusses current national development plans and Vision 20:2020; challenges to infrastructure development, including corruption; and the future potential of a strong infrastructure network for the economy and citizens. Drawing upon his experience within government departments, as well as existing models of leadership and governance, the author explores the role of infrastructure development in promoting the wellbeing and growth of Nigeria. Combining theory with practical examples of good governance, this book will be of interest for students and researchers of political science and infrastructure development in Africa.

Nigeria in the Fourth Republic

Nigeria in the Fourth Republic PDF Author: E. Ike Udogu
Publisher: Rowman & Littlefield
ISBN: 1666900508
Category : Political Science
Languages : en
Pages : 235

Book Description
Nigeria is a bellwether, in an enormous continent, endowed with natural resources and human capital, whose development and greatness have been marred by political instability since gaining home-rule from Britain in 1960. The contemporary political, economic, and social quandaries that have stultified Nigeria’s growth project flows from difficulties in cultivating patriotic leaders with pluck to enact efficacious policies that will catapult the country to greater heights developmentally. Nigeria in the Fourth Republic: Confronting the Contemporary Political, Economic, and Social Dilemmas, edited by E. Ike Udogu, examines some of the vital issues responsible for the current political malaise and recommends strategies for exculpating the country from her current political quagmires. The contributors to this book argue, inter alia, for the avoidance of false starts reminiscent of the military interventions that aborted the democracy project and advocates the enactment of effective policies to supersede decision dictated by politics. This volume proposes national healthcare strategies to address the country’s healthcare needs and for dialogue to extinguish combustible inter-religious conflicts. The book recommends ways to assuage police highway malfeasance and explains why human rights observance is critical to further national cohesion while creating space for the subalterns to have their voices heard in discourses on how to advance peaceful coexistence.

The Roots of Political Instability in Nigeria

The Roots of Political Instability in Nigeria PDF Author: E.C. Ejiogu
Publisher: Routledge
ISBN: 1317016963
Category : History
Languages : en
Pages : 250

Book Description
The constant drumbeat of headlines about Darfur, Zimbabwe, Sudan, Somalia, as well as the other states in Africa that are beleaguered by political instability have made the causes of failed states and intra-state political conflicts a major issue, both academic and practical. Using Harry Eckstein and Ted R. Gurr's congruence-consonance theoretical framework of regime classification, E.C. Ejiogu examines the internal variations of society evident in the Nigerian state to explain why the country experiences political conflict and instability. The first time this theoretical framework has been applied to an African country; E.C. Ejiogu offers a balanced and interdisciplinary analysis of the evolution in the Nigerian political system and the role played by evolved social traits in society. Exploring themes such as colonial rule and legacies, economic development, political authority and religion, Ejiogu insists that it is critical to examine Africa's diverse nationalities in terms of their geography, social, economic and authority patterns as critical elements that are disregarded in accounts of their political development. At a time when the question of state building in Africa is still unresolved, this timely book is a major contribution to the literature on transition processes in African politics and is particularly relevant to scholars and policy makers wanting to grapple with the issues associated with Africa's political disorder and the other social problems it spawns.

A History of Nigeria

A History of Nigeria PDF Author: Toyin Falola
Publisher: Cambridge University Press
ISBN: 1139472038
Category : History
Languages : en
Pages : 313

Book Description
Nigeria is Africa's most populous country and the world's eighth largest oil producer, but its success has been undermined in recent decades by ethnic and religious conflict, political instability, rampant official corruption and an ailing economy. Toyin Falola, a leading historian intimately acquainted with the region, and Matthew Heaton, who has worked extensively on African science and culture, combine their expertise to explain the context to Nigeria's recent troubles through an exploration of its pre-colonial and colonial past, and its journey from independence to statehood. By examining key themes such as colonialism, religion, slavery, nationalism and the economy, the authors show how Nigeria's history has been swayed by the vicissitudes of the world around it, and how Nigerians have adapted to meet these challenges. This book offers a unique portrayal of a resilient people living in a country with immense, but unrealized, potential.

Oil in Nigeria

Oil in Nigeria PDF Author: Jedrzej George Frynas
Publisher: LIT Verlag Münster
ISBN: 9783825839215
Category : Business & Economics
Languages : en
Pages : 292

Book Description
3.6. Land Use Act

Nigeria

Nigeria PDF Author: Peter Lewis
Publisher:
ISBN:
Category : Nigeria
Languages : en
Pages : 17

Book Description
Nigeria is Africa's most populous country, with an estimated 155 million people, and among its most diverse, with more than 250 distinct ethnic and linguistic groups. Islam and Christianity are nearly equally represented, while African traditional religions are also prevalent. The country has abundant natural resources, including the largest oil and gas reserves in sub-Saharan Africa. Since gaining independence from Britain in 1960, Nigeria has reflected deep-seated divisions, pervasive instability, and recurring conflict. The challenges to stability in Nigeria can be seen along political, social, and economic dimensions. There is no question that Nigeria contends with multiple vulnerabilities, and that the specter of failure is often present. Yet the country also embodies important sources of resilience, including institutional innovation, elite bargaining, and civic resources for attenuating conflict. It remains an open question whether Nigeria will realize a more positive trajectory, continue to experience stagnation and violence, or suffer a descent into calamity. The pivotal elements that could determine these alternate paths include elections, leadership, elite strategies, and key economic indicators.