The Political Constraints on Nigerian Economic Development Since the Independence

The Political Constraints on Nigerian Economic Development Since the Independence PDF Author: Cajetan Iwunze
Publisher: Strategic Book Publishing
ISBN: 1618974653
Category : Business & Economics
Languages : en
Pages : 217

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Book Description
Since gaining its independence in 1960, Nigeria has never really existed as a unified nation, but rather as scattered tribal sects that often fail to coexist with one another peacefully. This uneasy alliance has led to civil war in the past, and is responsible for the continuing conflict between Muslims and Christians that exists in Nigeria today. Because of these deeply embedded political constraints, Nigeria has also fallen behind in terms of economic development. However Nigeria is not a nation without resources. Many of Nigeria's conflicts are centered around oil. As it stands currently, Nigeria's wealth is concentrated in the hands of the ruling elite and little has been done to improve the situation of the poorest segments of the population. But the prolonged and dismal situation in the Nigerian economy that serves as the inspiration behind The Political Constraints on Nigerian Economic Development Since the Independence is not without a potential solution. Author Cajetan Iwunze intended this book as more than just a statement against the tribal nationalism and the economic bandits that continue to loot the country. It also aims to suggest that if there is a solution, it lies in reforming the country's institutions so that Nigeria's oil wealth can be used for the benefit of everyone. Although he currently lives in the UK, Cajetan Iwunze was born in eastern Nigeria. Mr. Iwunze is an international human rights campaigner, writer and teacher who serves as the Director of Professional Tutors Ltd. and the CEO of Dyswrite Ltd. Publisher's website: http: //sbpra.com/CajetanIwunze

The Political Constraints on Nigerian Economic Development Since the Independence

The Political Constraints on Nigerian Economic Development Since the Independence PDF Author: Cajetan Iwunze
Publisher: Strategic Book Publishing
ISBN: 1618974653
Category : Business & Economics
Languages : en
Pages : 217

Get Book Here

Book Description
Since gaining its independence in 1960, Nigeria has never really existed as a unified nation, but rather as scattered tribal sects that often fail to coexist with one another peacefully. This uneasy alliance has led to civil war in the past, and is responsible for the continuing conflict between Muslims and Christians that exists in Nigeria today. Because of these deeply embedded political constraints, Nigeria has also fallen behind in terms of economic development. However Nigeria is not a nation without resources. Many of Nigeria's conflicts are centered around oil. As it stands currently, Nigeria's wealth is concentrated in the hands of the ruling elite and little has been done to improve the situation of the poorest segments of the population. But the prolonged and dismal situation in the Nigerian economy that serves as the inspiration behind The Political Constraints on Nigerian Economic Development Since the Independence is not without a potential solution. Author Cajetan Iwunze intended this book as more than just a statement against the tribal nationalism and the economic bandits that continue to loot the country. It also aims to suggest that if there is a solution, it lies in reforming the country's institutions so that Nigeria's oil wealth can be used for the benefit of everyone. Although he currently lives in the UK, Cajetan Iwunze was born in eastern Nigeria. Mr. Iwunze is an international human rights campaigner, writer and teacher who serves as the Director of Professional Tutors Ltd. and the CEO of Dyswrite Ltd. Publisher's website: http: //sbpra.com/CajetanIwunze

Economic Development and Nigerian Foreign Policy

Economic Development and Nigerian Foreign Policy PDF Author: Kelechi Amihe Kalu
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 248

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Book Description
This study examines the constraints of the international system's structure on the domestic and international behaviour of less developed states in general and Nigeria in particular. It contributes to the debates on the relationships between domestic and external sources of foreign policy.Focusing on economic diplomacy, it explicates the nature of political economy on foreign policy processes.

Making Politics Work for Development

Making Politics Work for Development PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 1464807744
Category : Business & Economics
Languages : en
Pages : 350

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Book Description
Governments fail to provide the public goods needed for development when its leaders knowingly and deliberately ignore sound technical advice or are unable to follow it, despite the best of intentions, because of political constraints. This report focuses on two forces—citizen engagement and transparency—that hold the key to solving government failures by shaping how political markets function. Citizens are not only queueing at voting booths, but are also taking to the streets and using diverse media to pressure, sanction and select the leaders who wield power within government, including by entering as contenders for leadership. This political engagement can function in highly nuanced ways within the same formal institutional context and across the political spectrum, from autocracies to democracies. Unhealthy political engagement, when leaders are selected and sanctioned on the basis of their provision of private benefits rather than public goods, gives rise to government failures. The solutions to these failures lie in fostering healthy political engagement within any institutional context, and not in circumventing or suppressing it. Transparency, which is citizen access to publicly available information about the actions of those in government, and the consequences of these actions, can play a crucial role by nourishing political engagement.

Leadership and Governance

Leadership and Governance PDF Author: Victor E. Dike
Publisher: CreateSpace
ISBN: 9781494759513
Category : Business & Economics
Languages : en
Pages : 244

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Book Description
Leadership and Governance is a collection of essays on political economy, leadership and governance, and corruption and community development, as well as on information technology and education. This book, thus, presents a broad overview of the major problems facing the Nigerian economy. Towards that, the contributors highlight the relationship between good leadership and governance and the economic health of Nigeria as they explore the forces for a meaningful change in the polity. This book asserts that political leaders in Nigeria should be held to a higher standard of leadership and governance in order for the economy to grow and develop for 'common good'. Nigeria's educational system is the foundation for its national development. But this is impossible without investing in human capital (education and health), fixing the existing dilapidated infrastructure and institutions and acquiring technological capability that drive the economy. The power of productivity of the Nigerian economy cannot rise above the quality of its leadership, governance and graduates. Today Nigeria's young democracy is in a state of uncertainty because of ineffective leadership and governance as well as lack of accountability. Since all the essential factors are missing in Nigeria's scheme of affairs, its economy as well as the democracy transition will continue to choke and stagnate. There are myriad ways to reform the Nigerian educational system, improve its quality of graduates and the state of the economy. But closing the nation's higher institutions for five months on the pretext that there is no money to meet teachers demands is not a way to improve the state of education and its weak economy. The trouble with Nigeria's democracy is that the people do not get the type of government they want. For instance, praying to God only, as President Goodluck Jonathan often does, to rescue the nation from its challenges is not by any means a strategy to solve Nigeria's socioeconomic and political problems. His administration needs to adopt a long-term strategy for creating a learning culture to improve the state of education and the security situation so as to tackle its development challenges. This includes motivating the teachers, treating them as professional they really are, and providing them with the tools to effectively educate the youths. Like the Nigerian economy without functional infrastructure and institutions, the leaders cannot strip the teachers of the tools they need to perform their duties and expect them to perform miracles. New challenges require new paradigms. The political leaders should adopt new, effective and innovative methods to meet the needs of the economy, the rapidly growing population and the ethno-religious and politically dynamic society. This book posits that without a paradigm shift in values, beliefs and thinking on ways to reform the Nigerian educational system, as well as to invest in the commanding heights of the economy, its educational system and the economy would remain prostrate with its attendant catalogue of human misery.

Politics And Economic Development In

Politics And Economic Development In PDF Author: Tom G. Forrest
Publisher: Westview Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 284

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Book Description
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.

A First Course in Mathematical Modeling

A First Course in Mathematical Modeling PDF Author: Frank R. Giordano
Publisher: Cengage Learning
ISBN: 9780495011590
Category : Mathematics
Languages : en
Pages : 640

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Book Description
Offering a solid introduction to the entire modeling process, A FIRST COURSE IN MATHEMATICAL MODELING, 4th Edition delivers an excellent balance of theory and practice, giving students hands-on experience developing and sharpening their skills in the modeling process. Throughout the book, students practice key facets of modeling, including creative and empirical model construction, model analysis, and model research. The authors apply a proven six-step problem-solving process to enhance students' problem-solving capabilities -- whatever their level. Rather than simply emphasizing the calculation step, the authors first ensure that students learn how to identify problems, construct or select models, and figure out what data needs to be collected. By involving students in the mathematical process as early as possible -- beginning with short projects -- the book facilitates their progressive development and confidence in mathematics and modeling. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.

Understanding Modern Nigeria

Understanding Modern Nigeria PDF Author: Toyin Falola
Publisher: Cambridge University Press
ISBN: 1108837972
Category : Political Science
Languages : en
Pages : 691

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Book Description
An introduction to the politics and society of post-colonial Nigeria, highlighting the key themes of ethnicity, democracy, and development.

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

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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.

Nigeria and Indonesia

Nigeria and Indonesia PDF Author: David Bevan
Publisher: World Bank Publications
ISBN: 0195209869
Category : Income distribution
Languages : en
Pages : 482

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Book Description
This book analyzes economic developments of Indonesia and Nigeria during the period 1950-85. It addresses why Indonesia was so much more successful than Nigeria during this period. The book consists of three parts. Part I focuses on Nigeria and part II on Indonesia. The first chapters in each part provide a narrative of the political economy, focusing on the various phases since 1950. This is followed by a chapter summarizing the effects on economic growth and poverty. The large divergences in outcome must be attributed to differences in economic policies. It first considers policies in the factor and product markets that mediated between factor endowments and the growth and distributional outcomes. Then it turns to the broader array of economic policies. Finally, it attempts to relate policies to the underlying political processes and interest groups that generated them. Each part concludes by explaining the salient economic outcomes as a result of both policy and the underlying politics. Part III features a concluding comparison by using economic histories to compare the two countries. First it examines the outcomes, then the policies. Finally it contrasts the political processes and interest groups that it suggests account for these important policy differences.

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.