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

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.

The Causes of Instability in Nigeria and Implications for the United States

The Causes of Instability in Nigeria and Implications for the United States PDF Author: Clarence J. Bouchat
Publisher: Army War College Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 136

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Book Description
The political economy problems of Nigeria, the root cause for ethnic, religious, political and economic strife, can be in part addressed indirectly through focused contributions by the U.S. military, especially if regionally aligned units are more thoroughly employed.

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.

Infrastructure Development in Nigeria

Infrastructure Development in Nigeria PDF Author: Michael O. Onolememen
Publisher: Routledge
ISBN: 1000026353
Category : Political Science
Languages : en
Pages : 165

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Book Description
This book examines the politics and economics of infrastructure development in Nigeria from Independence in 1960 up to 2015, and the role of good governance in promoting the socioeconomic wellbeing of citizens. Arguing for the need for transformational leadership in infrastructure development, the chapters examine policy issues and survey the various administrative, economic, and social-political reforms that have impacted infrastructure development in Nigeria. The author also discusses current national development plans and Vision 20:2020; challenges to infrastructure development, including corruption; and the future potential of a strong infrastructure network for the economy and citizens. Drawing upon his experience within government departments, as well as existing models of leadership and governance, the author explores the role of infrastructure development in promoting the wellbeing and growth of Nigeria. Combining theory with practical examples of good governance, this book will be of interest for students and researchers of political science and infrastructure development in Africa.

Challenges of African Growth

Challenges of African Growth PDF Author: B. J. Ndulu
Publisher: World Bank Publications
ISBN: 0821368834
Category : Business & Economics
Languages : en
Pages : 280

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Book Description
Poverty in Africa is largely the outcome of slow growth. With the region hosting 10 percent of the world's population but a staggering 30 percent of the world's poor, the challenges it faces are enormous but NOT insurmountable. The message of this book is clear - poverty-eradicating development in Africa is possible. In fact, there are indications that Africa is at a turning point, and there is growing momentum among front-runner economies in the region toward higher and sustained growth. This study challenges African countries and their development partners to consolidate and continue this momentum and to exploit the advantages of the continent as a latecomer, particularly in innovation and in drawing lessons from successful export-led growth experiences in Asia and Latin America. "Challenges of African Growth" identifies opportunities, constraints, and strategic choices that African countries face in their quest for achieving the growth necessary for poverty alleviation. More important, the study provides a broad menu of stategic options for ensuring not only that countries embark on a growth path, but also that the growth is shared and sustainable. The critical areas for action rest on four pillars: the investment climate; infrastructure; innovation for increasing productivity and competitiveness; and institutional capacity.

Global Trends 2040

Global Trends 2040 PDF Author: National Intelligence Council
Publisher: Cosimo Reports
ISBN: 9781646794973
Category :
Languages : en
Pages : 158

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Book Description
"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

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.

Leadership and Growth

Leadership and Growth PDF Author: David Brady
Publisher: World Bank Publications
ISBN: 0821381016
Category : Political Science
Languages : en
Pages : 304

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Book Description
Does leadership affect economic growth and development? Is leadership an exogenous determinant or an endogenous outcome of growth and development processes? Can we differentiate between the two? Do leaders decisions and actions vary in importance over various stages in the process, at least in successful cases? How important is choosing the right economic model? To what extent does leadership affect the explicit or implicit time horizons of policy choices? Is leadership an important determinant of inclusiveness in growth? In what ways do leaders build consensus or institutions to allow time for the economic plan to work? What challenges does economic success generate? How do successful leaders adapt to new problems such as income inequality and a rising middle class? Does the creation of new institutions play any role in solving these problems? Why do leaders often choose second best political economic compromises in economic development? This book has been prepared for the Commission on Growth and Development to evaluate the state of knowledge on the relationship between leadership and economic growth. It does not pretend to provide all the answers, but does review the evidence, identify insights and offers examples of leaders making decisions and acting in ways that enhance economic growth. It examines a variety of topics including leaders roles in: promoting national unity, building good solid institutions, choosing innovative and localized policies, and creating political consensus for long run policy implementation. Written by prominent academics and actual policy makers, Leadership and Growth seeks to create a better understanding of the role of leadership in growth and to encourage further studies of the role of leadership in economic growth.