Nigeria's Economic Reforms

Nigeria's Economic Reforms PDF Author: Ngozi Okonjo-Iweala
Publisher:
ISBN: 9780979037658
Category : Nigeria
Languages : en
Pages : 28

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Book Description
"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.

Nigeria's Economic Reforms

Nigeria's Economic Reforms PDF Author: Ngozi Okonjo-Iweala
Publisher:
ISBN: 9780979037658
Category : Nigeria
Languages : en
Pages : 28

Get Book Here

Book Description
"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.

Political Reform and Economic Recovery in Nigeria

Political Reform and Economic Recovery in Nigeria PDF Author: I. A. Ayua
Publisher:
ISBN:
Category : Nigeria
Languages : en
Pages : 826

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Book Description


Reforming the Unreformable

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

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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.

Political Reform and Economic Recovery in Nigeria

Political Reform and Economic Recovery in Nigeria PDF Author: I. A. Ayua
Publisher:
ISBN: 9789782353719
Category : Nigeria
Languages : en
Pages : 761

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Book Description


Economic Policy Reforms 2021 Going for Growth: Shaping a Vibrant Recovery

Economic Policy Reforms 2021 Going for Growth: Shaping a Vibrant Recovery PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264911375
Category :
Languages : en
Pages : 247

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Book Description
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.

The Politics of Africa's Economic Recovery

The Politics of Africa's Economic Recovery PDF Author: Richard Sandbrook
Publisher: Cambridge University Press
ISBN: 9780521425636
Category : Business & Economics
Languages : en
Pages : 188

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Book Description
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.

Economic Security: Neglected Dimension of National Security ?

Economic Security: Neglected Dimension of National Security ? PDF Author: National Defense University (U S )
Publisher: Government Printing Office
ISBN:
Category : Business & Economics
Languages : en
Pages : 132

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Book Description
On August 24-25, 2010, the National Defense University held a conference titled “Economic Security: Neglected Dimension of National Security?” to explore the economic element of national power. This special collection of selected papers from the conference represents the view of several keynote speakers and participants in six panel discussions. It explores the complexity surrounding this subject and examines the major elements that, interacting as a system, define the economic component of national security.

Economic Policy Reforms 2007

Economic Policy Reforms 2007 PDF Author: Organisation for Economic Co-operation and Development
Publisher: Org. for Economic Cooperation & Development
ISBN:
Category : Business & Economics
Languages : en
Pages : 188

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Book Description
Across the OECD, governments are seeking to undertake structural reforms to strengthen their economic growth. Based on a broad set of indicators of structural policies and performance, Going for Growth 2007 takes stock of the recent progress made in implementing policy reforms and identifies, for each OECD country, five policy priorities to lift growth. It calls for reforms in areas such as product and labour market regulation, taxation, pension, income support, health and education to boost labour productivity and employment. The set of internationally comparable indicators provided here enables countries to assess their economic performance and structural policies in a broad range of areas. The publication puts together the knowledge accumulated at the OECD in these various fields. In addition, this issue contains four analytical chapters covering: The employment effects of policies and institutions Product market regulation and productivity convergence Policies to strengthen competition in product markets Factors shaping the implementation of structural reform

The Politics of Trade and Industrial Policy in Africa

The Politics of Trade and Industrial Policy in Africa PDF Author: Charles Chukwuma Soludo
Publisher: IDRC
ISBN: 1592211658
Category : Africa
Languages : en
Pages : 376

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Book Description
This book maps the process and political economy of policy making in Africa. It's focus on trade and industrial policy makes it unique and it will appeal to students and academics in economics, political economy, political science and African studies. Detailed case studies help the reader to understand how the process and motivation behind policy decisions can vary from country to country depending on the form of government, ethnicity and nationality and other social factors.

The Changing Forms of Identity Politics in Nigeria Under Economic Adjustment

The Changing Forms of Identity Politics in Nigeria Under Economic Adjustment PDF Author: Cyril I. Obi
Publisher: Nordic Africa Institute
ISBN: 9789171064714
Category : Business & Economics
Languages : en
Pages : 136

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Book Description
"The Niger delta region of Nigeria which is at the heart of the country's oil industry, has a long history of struggles for self-determination dating back to the early years of the 20[superscript th] century. In the 1980s and 1990s, these struggles, unfolding as they did within the context of military authoritarianism and structural adjustment, took the form of widespread agitation for greater control by local communities of the revenues accruing to the Nigerian state from exploration and extraction of oil." "This study attempts to capture the transformations in ethnic minority identity politics in the oil-producing areas of the Niger delta. In doing this, attention is simultaneously drawn to the factors informing the shift from peaceful agitation to violent protest as well as the dynamic of decay and renewal in the various ethnic minority movements that are active in the delta. It is suggested that part of the solution to the crisis in the delta will involve not only a thorough-going restructuring of the Nigerian state but also the re-orientation of the mode of operation of the giant oil multinationals in order to make them both more sensitive and accountable to the local communities."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved