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Reforming the Unreformable

Reforming the Unreformable PDF Author: Ngozi Okonjo-Iweala
Publisher: MIT Press
ISBN: 0262526875
Category : Business & Economics
Languages : en
Pages : 211

Book Description
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.

Reforming the Unreformable

Reforming the Unreformable PDF Author: Ngozi Okonjo-Iweala
Publisher: MIT Press
ISBN: 0262526875
Category : Business & Economics
Languages : en
Pages : 211

Book Description
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.

Reforming the Unreformable

Reforming the Unreformable PDF Author: Ngozi Okonjo-Iweala
Publisher: MIT Press
ISBN: 0262018144
Category : Business & Economics
Languages : en
Pages : 212

Book Description
Covers the period from 2003-2006.

Reforming the Unreformable

Reforming the Unreformable PDF Author: Ngozi Okonjo-Iweala
Publisher: MIT Press
ISBN: 0262304546
Category : Business & Economics
Languages : en
Pages : 212

Book Description
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.

Fighting Corruption Is Dangerous

Fighting Corruption Is Dangerous PDF Author: Ngozi Okonjo-Iweala
Publisher: MIT Press
ISBN: 0262539675
Category : Business & Economics
Languages : en
Pages : 193

Book Description
A frontline account of how to fight corruption, from Nigeria's former finance minister Ngozi Okonjo-Iweala. In Fighting Corruption Is Dangerous, Ngozi Okonjo-Iweala has written a primer for those working to root out corruption and disrupt vested interests. Drawing on her experience as Nigeria's finance minister and that of her team, she describes dangers, pitfalls, and successes in fighting corruption. She provides practical lessons learned and tells how anti-corruption advocates need to equip themselves. Okonjo-Iweala details the numerous ways in which corruption can divert resources away from development, rewarding the unscrupulous and depriving poor people of services. Okonjo-Iweala discovered just how dangerous fighting corruption could be when her 83-year-old mother was kidnapped in 2012 by forces who objected to some of the government's efforts at reforms led by Okonjo-Iweala—in particular a crackdown on fraudulent claims for oil subsidy payments, a huge drain on the country's finances. The kidnappers' first demand was that Okonjo-Iweala resign from her position on live television and leave the country. Okonjo-Iweala did not resign, her mother escaped, and the program of economic reforms continued. “Telling my story is risky,” Okonjo-Iweala writes. “But not telling it is also dangerous.” Her book ultimately leaves us with hope, showing that victories are possible in the fight against corruption.

Women and Leadership

Women and Leadership PDF Author: Julia Gillard
Publisher: MIT Press
ISBN: 0262543826
Category : Political Science
Languages : en
Pages : 337

Book Description
A powerful call-to-action for gender equity that offers 10 key lessons for women aspiring to a leadership role—be it in politics, business, law, or their local community. Featuring words of wisdom from female leaders like Hillary Clinton and Theresa May, this empowering study reads like a You Are a Badass volume on world leadership. Women make up fewer than 10% of national leaders worldwide. Behind this eye-opening statistic lies a pattern of unequal access to power. Through conversations with some of the world’s most powerful and interesting women—including Jacinda Ardern, Hillary Rodham Clinton, Christine Lagarde, Michelle Bachelet, and Theresa May—Women and Leadership explores gender bias and asks why there aren’t more women in leadership roles. Speaking honestly and freely, these women talk about having their ideas stolen by male colleagues, what it’s like to be called fat or a slut in the media, and what things they wish they had done differently. The stories they tell reveal vividly how gender and sexism affect perceptions of women as leaders. Using current research as a starting point, Julia Gillard and Ngozi Okonjo-Iweala—both political leaders in their own countries—analyze the lived experiences of these women leaders. The result is a rare insight into life as a leader and a powerful call to arms for women everywhere.

Rethinking Party Reform

Rethinking Party Reform PDF Author: Fabio Wolkenstein
Publisher: Oxford University Press, USA
ISBN: 019884994X
Category : Political Science
Languages : en
Pages : 211

Book Description
The functioning of representative democracy crucially depends on political parties that mediate between citizens and the state. It is widely doubted, however, that contemporary parties can still perform this connective role. Taking seriously the ensuing challenges for representative democracy, Rethinking Party Reform advances a normative account of party reform, drawing on both democratic theory and political science scholarship on parties. Moving beyond purely descriptive or causal-analytical perspectives on party reform, the book clarifies on theoretical grounds why party reform is centrally important for the sustainability of established democracies, and what effective party reforms could look like in an age where most citizens look to parties with scepticism and distrust. In doing so, this book underlines in distinctive fashion why scholars and citizens should care about re-inventing and transforming political parties, resisting widespread tendencies of either declaring parties unreformable or theorising them out of the picture.

What We Are Fighting For

What We Are Fighting For PDF Author: Federico Campagna
Publisher: Pluto Press
ISBN: 9780745332857
Category : Political Science
Languages : en
Pages : 0

Book Description
The age of austerity has brought a new generation of protesters on to the streets across the world, leading Time magazine to name "the protester" as its 2011 personality of the year. As the economic crisis meets the environmental crisis, a whole generation fears what the future will bring but also dares to dream of a different society. What Are we Fighting For? answers the question that the mainstream media loves to ask the protesters. The first radical, collective manifesto of the new decade, its brings together some of the key theorists and activists from the new networked, web-savvy and creative social movements. Contributors include David Graeber (who coined the term "the 99%"), John Holloway, Nina Power, the Knowledge Liberation Front, and Owen Jones, author of the best-selling Chavs. Chapters outline the alternative vision which animates the movement – from "new economics" and "new governance" to "new social imagination." The book concludes by exploring new "tactics of struggle."

Asset Price Bubbles

Asset Price Bubbles PDF Author: William Curt Hunter
Publisher: MIT Press
ISBN: 9780262582537
Category : Business & Economics
Languages : en
Pages : 650

Book Description
A study of asset price bubbles and the implications for preventing financial instability.

The Econocracy

The Econocracy PDF Author: Joe Earle
Publisher: Penguin UK
ISBN: 0141986883
Category : Political Science
Languages : en
Pages : 240

Book Description
A century ago, the idea of 'the economy' didn't exist. Now economics is the supreme ideology of our time, with its own rules and language. The trouble is, most of us can't speak it. This is damaging democracy. Dangerous agendas are hidden inside mathematical wrappers; controversial policies are presented as 'proven' by the models of economic 'science'. Government is being turned over to a publicly unaccountable technocratic elite. The Econocracy reveals that economics is too important to be left to the economists - and shows us how we can begin to participate more fully in the decisions which affect all our futures.

Employment Protection Deregulation and Labor Shares in Advanced Economies

Employment Protection Deregulation and Labor Shares in Advanced Economies PDF Author: Gabriele Ciminelli
Publisher: International Monetary Fund
ISBN: 1484373723
Category : Business & Economics
Languages : en
Pages : 72

Book Description
Labor market deregulation, intended to boost productivity and employment, is one plausible, yet little studied, driver of the decline in labor shares that took place across most advanced economies since the early 1990s. This paper assesses the impact of job protection deregulation in a sample of 26 advanced economies over the period 1970-2015, using a newly constructed dataset of major reforms to employment protection legislation for regular contracts. We apply the local projection method to estimate the dynamic response of the labor share to our reform events at both the country and the country-industry levels. For the latter, we employ a differences-in-differences identification strategy using two identifying assumptions grounded in theory—namely that job protection deregulation should have larger negative effects in industries characterized by (i) a higher “natural” propensity to adjust the workforce, and (ii) a lower elasticity of substitution between capital and labor. We find a statistically significant, economically large and robust negative effect of deregulation on the labor share. In particular, illustrative back-of-the-envelope calculations suggest that job protection deregulation may have contributed about 15 percent to the average labor share decline in advanced economies. Together with existing evidence regarding the macroeconomic gains from job protection and other labor market reforms, our results also point to the need for policymakers to address efficiency-equity trade-offs when designing such reforms.