The Debt Trap in Nigeria

The Debt Trap in Nigeria PDF Author: Ngozi Okonjo-Iweala
Publisher: Africa World Press
ISBN: 9781592210015
Category : Debt relief
Languages : en
Pages : 292

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Book Description
The first major study to put the debt question in perspective, this book is the outcome of a historic conference held in May 2001 to debate Nigeria's future in the context of the debt overhang. The book captures the highlights of all presentations, and presents the recommendations and consensus reached concerning reducing the debt burden, strengthening the institutional framework for debt and resource management, and resuming sustainable development, ultimately demanding that Nigeria and the international community refocus their resources on fighting poverty.

The Debt Trap in Nigeria

The Debt Trap in Nigeria PDF Author: Ngozi Okonjo-Iweala
Publisher: Africa World Press
ISBN: 9781592210015
Category : Debt relief
Languages : en
Pages : 292

Get Book Here

Book Description
The first major study to put the debt question in perspective, this book is the outcome of a historic conference held in May 2001 to debate Nigeria's future in the context of the debt overhang. The book captures the highlights of all presentations, and presents the recommendations and consensus reached concerning reducing the debt burden, strengthening the institutional framework for debt and resource management, and resuming sustainable development, ultimately demanding that Nigeria and the international community refocus their resources on fighting poverty.

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.

The African Debt Crisis

The African Debt Crisis PDF Author: Trevor W. Parfitt
Publisher: Routledge
ISBN: 1136887822
Category : Business & Economics
Languages : en
Pages : 241

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Book Description
Assessing both the macro- and micro-economic levels of the contemporary African Debt Crisis, this book, first published in 1989, begins by looking at the origins of the world debt crisis, and then looks closely at the problem as it affects Sub-Saharan Africa. The effects of debt on Africa’s position in international relations are considered, and the roles played by organisations such as the International Monetary Fund and the World Bank are assessed. The authors also examine the local effects in a series of case studies of various states including Nigeria, Ghana and Sierra Leone, the Francophone States and Zaire.

Nigeria During the Abacha Years

Nigeria During the Abacha Years PDF Author: 'Kunle Amuwo
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
The autocratic regime of Sani Abacha (1993-1998) stands out as a watershed in the history of independent Nigeria. Nigeria's darkest years since the civil war resulted from his unrestrained personal rule; very close to the features associated with warlordism. Nepotism, corruption, violation of human rights, procrastination over the implementation of a democratic transition, and the exploitation of ethnic, cultural or religious identities, also resulted in the accumulation of harshly repressed frustrations. In this book, some distinguished scholars, journalists and civil society activists examine this process of democratic recession, and its institutional, sociological, federal and international ramifications. Most of the contributions were originally presented at a seminar organized by the Centre d'Etude d'Afrique Noire (CEAN) in Bordeaux.

The Wheat Trap

The Wheat Trap PDF Author: Gunilla Andræ
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 200

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Book Description
Research paper on food policy, wheat import and food security of bread and the resultant dependence in Nigeria - shows how bread has become a cheap staple for low income groups; examines changing consumer behaviour, role of USA and of milling industry-related agribusiness; finds that baking is flexible with regard to choice of technology; criticises capital intensive import substitution based on large scale irrigation. Bibliography, maps, statistical tables.

Dead Aid

Dead Aid PDF Author: Dambisa Moyo
Publisher: Macmillan
ISBN: 0374139563
Category : Business & Economics
Languages : en
Pages : 209

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Book Description
Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Moyo offers a bold new road map for financing development of the world's poorest countries.

Olusegun Obasanjo: Nigeria's Most successful ruler

Olusegun Obasanjo: Nigeria's Most successful ruler PDF Author: Adeolu, Adebayo
Publisher: Safari Books Ltd
ISBN: 9785478521
Category : Biography & Autobiography
Languages : en
Pages : 326

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Book Description
The name Olusegun Obasanjo is not strange to anybody around the world. In Nigeria, Obasanjo is a household name, a civil war hero, an administrator, a successful farmer, the first military head of State to have organized an election and handed over successfully to a civilian government, a nation-builder who initiated most of Nigeria’s national heritage and a builder of men who introduced many Nigerian technocrats to governance and their indelible marks in governance are still very visible, the only Nigerian to have been nominated as United Nation’s Secretary General, the first former head of State to be imprisoned, though on a wrong accusation, and the first person to have ruled Nigeria twice (between 1976-1979 and 1999-2007).

Restructuring Sovereign Debt

Restructuring Sovereign Debt PDF Author: Lex Rieffel
Publisher: Rowman & Littlefield
ISBN: 9780815796114
Category : Business & Economics
Languages : en
Pages : 372

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Book Description
The Western powers established the International Monetary Fund (IMF) and the World Bank after World War II as "permanent machinery" to anchor the Bretton Woods system. When developing countries began experiencing debt problems in the late 1960s, the Paris Club took shape as "ad hoc machinery" to restructure debt from export credit agencies. A decade later the London Club process emerged to handle workouts of commercial bank debt. Restructuring debt in the form of bonds became an issue in the late 1990s in Argentina and several other nations, and the IMF recently proposed a permanent mechanism to deal with that challenge. Restructuring Sovereign Debt explains why ad hoc machinery would function more effectively in the Bretton Woods system. By describing in detail the origins and operations of the London Club and Paris Club, Lex Rieffel highlights the pragmatism and flexibility associated with ad hoc approaches. He also recalls earlier proposals for creating permanent debt restructuring machinery and the reasons why they were not adopted. Recognizing that the issue of sovereign debt workout is complex, Rieffel has provided a comprehensive and detailed exposition of this important policy issue. Rieffel's book is an important tool for policymakers and the public, particularly as the global community seeks to resolve the debt problems of countries as diverse as Argentina, Iraq, and Côte d'Ivoire.

Nigeria

Nigeria PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451828993
Category : Business & Economics
Languages : en
Pages : 101

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Book Description
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.

China’s 40 Years of Reform and Development: 1978–2018

China’s 40 Years of Reform and Development: 1978–2018 PDF Author: Ross Garnaut
Publisher: ANU Press
ISBN: 176046225X
Category : Business & Economics
Languages : en
Pages : 709

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Book Description
The year 2018 marks 40 years of reform and development in China (1978–2018). This commemorative book assembles some of the world’s most prominent scholars on the Chinese economy to reflect on what has been achieved as a result of the economic reform programs, and to draw out the key lessons that have been learned by the model of growth and development in China over the preceding four decades. This book explores what has happened in the transformation of the Chinese economy in the past 40 years for China itself, as well as for the rest of the world, and discusses the implications of what will happen next in the context of China’s new reform agenda. Focusing on the long-term development strategy amid various old and new challenges that face the economy, this book sets the scene for what the world can expect in China’s fifth decade of reform and development. A key feature of this book is its comprehensive coverage of the key issues involved in China’s economic reform and development. Included are discussions of China’s 40 years of reform and development in a global perspective; the political economy of economic transformation; the progress of marketisation and changes in market-compatible institutions; the reform program for state-owned enterprises; the financial sector and fiscal system reform, and its foreign exchange system reform; the progress and challenges in economic rebalancing; and the continuing process of China’s global integration. This book further documents and analyses the development experiences including China’s large scale of migration and urbanisation, the demographic structural changes, the private sector development, income distribution, land reform and regional development, agricultural development, and energy and climate change policies.