Author: Tom Forrest Publisher: Routledge ISBN: 9780367299088 Category : Languages : en Pages : 304
Book Description
Since the end of civil war in 1970, Nigeria has struggled to build a stronger federal center and to reduce conflicts resulting from uneven development and from ethnic, regional, class, and religious differences. This book provides a comprehensive account of the dynamic interplay between the political and economic forces that have shaped government policies, institutions, and the patterns of development in Africa's most populous country. Tom Forrest identifies the major issues and challenges in Nigerian politics, giving particular attention to the evolution of the federal system, aspects of political competition, and the nature of ruling groups. He examines the links among political demands and incentives, economic strategy, and capitalist development and analyzes the evolution of economic policy and performance, looking specifically at the impact of large oil revenues, agrarian policies, and the program of economic liberalization. In a completely new chapter for this edition, Forrest examines the annulment of the presidential elections in 1993 and explores the persistence of military rule, the demise of the economic reform program, and the intensification of the economic crisis. Assessing the prospects for economic and political change, Forrest considers whether enough political coherence and legitimacy at the center can be reestablished to allow for effective economic management and more productive use of oil wealth in the years ahead.
Author: Zainab Usman Publisher: Zed Books ISBN: 1786993953 Category : Business & Economics Languages : en Pages : 0
Book Description
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.
Author: Jeremiah I. Dibua Publisher: Routledge ISBN: 1351152904 Category : Social Science Languages : en Pages : 359
Book Description
In this book, Jeremiah I. Dibua challenges prevailing notions of Africa's development crisis by drawing attention to the role of modernization as a way of understanding the nature and dynamics of the crisis, and how to overcome the problem of underdevelopment. He specifically focuses on Nigeria and its development trajectory since it exemplifies the crisis of underdevelopment in the continent. He explores various theoretical and empirical issues involved in understanding the crisis, including state, class, gender and culture, often neglected in analysis, from an interdisciplinary, radical political economy perspective. This is the first book to adopt such an approach and to develop a new framework for analyzing Nigeria's and Africa's development crisis. It will influence the debate on the development dilemma of African and Third World societies and will be of interest to scholars and students of race and ethnicity, modern African history, class analysis, gender studies, and development studies.
Author: Erhunse Confidence Publisher: GRIN Verlag ISBN: 3346117197 Category : Business & Economics Languages : en Pages : 10
Book Description
Seminar paper from the year 2020 in the subject Economics - Economic Cycle and Growth, grade: 4, Chukwuemeka Odumegwu Ojukwu University (Social Sciences), language: English, abstract: This paper examined the implication of Big-Push theory on Nigerian economic development. The theory provided an explanation of how developing countries can industrialize through broad-based investment and coordination. The paper looked at the meaning of Big-Push theory, assumptions and its implication on Nigeria economic development. If the need for a Big Push to survive in an economy that is open to international trade and capital movements, or if openness to trade and capital movements is sufficient to overcome all poverty traps, these questions have daunted development economics since its inception. The theory of the big push asserts that underdeveloped countries require large amounts of investments to come out of the problem of backwardness and launch policies for economic development. The logic behind this theory is that a programme of “bit-by-bit” investment will not have much impact on the process of growth and will only lead to a dissipation of resources. Policies designed to encourage the development of the Nigerian economy will need to be guided by the big-push theory.
Author: Nicholas Balabkins Publisher: ISBN: Category : Business & Economics Languages : en Pages : 290
Book Description
Study of indigenization and economic development experience in Nigeria - discusses objectives, impact of independence, nationalization forces, role of mass media and Elite interest groups, infrastructure, economic resources, human resources, institutional framework, corruption, gross domestic product trends (1971-1980), inflation, agricultural production, direct foreign investment, etc.; comments on economic legislation; considers economic policy implications and lessons for foreign enterprises. Diagrams, graphs and references.
Author: Pascal G. Dozie Publisher: African Books Collective ISBN: 9788431526 Category : Business & Economics Languages : en Pages : 384
Book Description
In the chapters of this book which was first published in 1999, an attempt has been made to examine several aspects of the Nigerian banking and financial systems, capital market, economic development planning, budget and fiscal policy as well as the role of private sector in development. 32 chapters are included in seven parts which are entitled: The Way Forward; Planning and Economic Development; The Private Sector in Development; Issues on Budget and Fiscal Policy; The Nigerian Financial System; The Nigerian Banking System; and The Nigerian Capital Market.
Author: Tom Forrest Publisher: Routledge ISBN: 1000307417 Category : Political Science Languages : en Pages : 265
Book Description
This text provides an account of the dynamic interplay between the political and economic forces that have shaped government priorities and strategies in Africa's most populous country. The author examines efforts to build a stronger federal centre, to develop national policies, to counter uneven development, and to reduce conflicts that have arisen from ethnic, regional, class and religious differences. A final section analyzes the evolution of economic policy and performance, looking specifically at agrarian policy, the programme of economic liberalization, and the impact of oil revenues.
Author: Tom Forrest
Author: Zainab Usman
Author: Gesiye S. Angaye
Author: Johns Hopkins Press
Author: Jeremiah I. Dibua
Author: Erhunse Confidence
Author: Nicholas Balabkins
Author: Pascal G. Dozie
Author: Milton A. Iyoha
Author: Tom Forrest