Nigerias Growth Record
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Author |
: Nina Budina |
Publisher |
: |
Total Pages |
: 40 |
Release |
: 2007 |
ISBN-10 |
: UCSD:31822035153337 |
ISBN-13 |
: |
Rating |
: 4/5 (37 Downloads) |
Synopsis Nigeria's Growth Record by : Nina Budina
Nigeria's oil boom has not brought an end to perennial stagnation in the non-oil economy. Is this the unavoidable consequence of the resource boom or have misguided policies contributed? This paper indicates that the extreme volatility of expenditure rather than Dutch Disease effects are behind the disappointing non-oil growth record. Fiscal policies failed to smooth highly volatile oil income; on the contrary government expenditure was more volatile than oil income. The authors provide econometric evidence showing that volatility of expenditure was increased by debt overhang problems. Moreover, they also find evidence of voracity effects that exacerbated expenditure volatility prior to 1984.
Author |
: Tijani M. Yesufu |
Publisher |
: |
Total Pages |
: 404 |
Release |
: 1996 |
ISBN-10 |
: STANFORD:36105070862680 |
ISBN-13 |
: |
Rating |
: 4/5 (80 Downloads) |
Synopsis The Nigerian Economy by : Tijani M. Yesufu
Author |
: Weltbank |
Publisher |
: |
Total Pages |
: |
Release |
: 2012 |
ISBN-10 |
: OCLC:931671696 |
ISBN-13 |
: |
Rating |
: 4/5 (96 Downloads) |
Synopsis Nigeria - Competitiveness and Growth by : Weltbank
The theme of this report is Nigeria's competitiveness and growth. This report consequently focuses on constraints, opportunities and strategic choices associated with increasing productivity and growth of the Nigerian economy on a sustained basis. Its objective is not to present a "blueprint" for Nigeria's growth but rather to raise issues and provide some options for the consideration of policy makers and other Nigerian stakeholders. The report is structured in four main sections. The first section analyzes Nigeria's growth history, examines the recent growth pick up and assesses its sustainability. The second section analyses how the critical constraints to competitiveness and growth may be addressed. The third section discusses how trade -domestic and external - can be used more effectively to drive growth and poverty reduction. The final chapter provides policy conclusions and suggestions on what could be key elements of a growth agenda for Nigeria. The analysis in this report suggests the following key elements for a growth strategy for Nigeria: 1) Strengthening actions to tackle the most immediate constraints to the competitiveness of the economy presented by infrastructure and the business environment; 2) Using domestic trade more effectively to enhance productivity and competitiveness by strengthening their functioning, and building stronger linkages between the oil and non-oil sectors, and over time strengthening Nigeria's integration into global markets; 3) Ensuring that the poor can participate more fully in growth by placing urgent emphasis on (i) finding ways to give back some of the proceeds of oil windfall directly to Nigerians; (ii) raising agricultural productivity-including through enhanced technology; and (iii) encouraging the transition from informality to the formal sector; and 4) Building the human capital and technological base of the economy over the longer term.
Author |
: Weltbank |
Publisher |
: |
Total Pages |
: |
Release |
: 2012 |
ISBN-10 |
: OCLC:931671666 |
ISBN-13 |
: |
Rating |
: 4/5 (66 Downloads) |
Synopsis Nigeria - Competitiveness and Growth by : Weltbank
The theme of this report is Nigeria's competitiveness and growth. This report consequently focuses on constraints, opportunities and strategic choices associated with increasing productivity and growth of the Nigerian economy on a sustained basis. Its objective is not to present a "blueprint" for Nigeria's growth but rather to raise issues and provide some options for the consideration of policy makers and other Nigerian stakeholders. The report is structured in four main sections. The first section analyzes Nigeria's growth history, examines the recent growth pick up and assesses its sustainability. The second section analyses how the critical constraints to competitiveness and growth may be addressed. The third section discusses how trade -domestic and external - can be used more effectively to drive growth and poverty reduction. The final chapter provides policy conclusions and suggestions on what could be key elements of a growth agenda for Nigeria. The analysis in this report suggests the following key elements for a growth strategy for Nigeria: 1) Strengthening actions to tackle the most immediate constraints to the competitiveness of the economy presented by infrastructure and the business environment; 2) Using domestic trade more effectively to enhance productivity and competitiveness by strengthening their functioning, and building stronger linkages between the oil and non-oil sectors, and over time strengthening Nigeria's integration into global markets; 3) Ensuring that the poor can participate more fully in growth by placing urgent emphasis on (i) finding ways to give back some of the proceeds of oil windfall directly to Nigerians; (ii) raising agricultural productivity-including through enhanced technology; and (iii) encouraging the transition from informality to the formal sector; and 4) Building the human capital and technological base of the economy over the longer term.
Author |
: Weltbank |
Publisher |
: |
Total Pages |
: |
Release |
: 2013 |
ISBN-10 |
: OCLC:931677070 |
ISBN-13 |
: |
Rating |
: 4/5 (70 Downloads) |
Synopsis Nigeria - Policy Options for Growth and Stability by : Weltbank
This report represents an effort to identify policy options for long-run growth and poverty reduction that are compatible with the high degree of macroeconomic volatility and challenging institutional realities faced by Nigerian policy makers. The report includes the following key messages: a) The Nigerian economy is not merely volatile; it is one of the most volatile economies in the world. b) There is evidence that this volatility has adversely affected not only Nigeria's historical growth record but also the performance of World Bank projects in Nigeria. c) Sustained future growth and poverty reduction are unlikely without a significant reduction in volatility. c) Oil price fluctuations drive only part of Nigeria's volatility, policy choices have also contributed to the problem. d) Policy choices are available that can help accelerate growth and thus help reduce the percentage of people living in poverty. To conclude, the report identifies several policy options that may help Nigerian make the transition to a high growth, low poverty economy despite the current challenges. More work will be required to further test and deepen the ideas put forth here, but the effort will bring its own rewards.
Author |
: Weltbank |
Publisher |
: |
Total Pages |
: |
Release |
: 2012 |
ISBN-10 |
: OCLC:931671698 |
ISBN-13 |
: |
Rating |
: 4/5 (98 Downloads) |
Synopsis Nigeria - Competitiveness and Growth by : Weltbank
The theme of this report is Nigeria's competitiveness and growth. This report consequently focuses on constraints, opportunities and strategic choices associated with increasing productivity and growth of the Nigerian economy on a sustained basis. Its objective is not to present a "blueprint" for Nigeria's growth but rather to raise issues and provide some options for the consideration of policy makers and other Nigerian stakeholders. The report is structured in four main sections. The first section analyzes Nigeria's growth history, examines the recent growth pick up and assesses its sustainability. The second section analyses how the critical constraints to competitiveness and growth may be addressed. The third section discusses how trade -domestic and external - can be used more effectively to drive growth and poverty reduction. The final chapter provides policy conclusions and suggestions on what could be key elements of a growth agenda for Nigeria. The analysis in this report suggests the following key elements for a growth strategy for Nigeria: 1) Strengthening actions to tackle the most immediate constraints to the competitiveness of the economy presented by infrastructure and the business environment; 2) Using domestic trade more effectively to enhance productivity and competitiveness by strengthening their functioning, and building stronger linkages between the oil and non-oil sectors, and over time strengthening Nigeria's integration into global markets; 3) Ensuring that the poor can participate more fully in growth by placing urgent emphasis on (i) finding ways to give back some of the proceeds of oil windfall directly to Nigerians; (ii) raising agricultural productivity-including through enhanced technology; and (iii) encouraging the transition from informality to the formal sector; and 4) Building the human capital and technological base of the economy over the longer term.
Author |
: Peter Lewis |
Publisher |
: University of Michigan Press |
Total Pages |
: 358 |
Release |
: 2007-04-17 |
ISBN-10 |
: 9780472069804 |
ISBN-13 |
: 0472069802 |
Rating |
: 4/5 (04 Downloads) |
Synopsis Growing Apart by : Peter Lewis
The story of how oil--and oil money--transformed political life in two major producer-nations
Author |
: Kwabena Gyimah-Brempong |
Publisher |
: University of Pennsylvania Press |
Total Pages |
: 321 |
Release |
: 2016-08-10 |
ISBN-10 |
: 9780812293753 |
ISBN-13 |
: 0812293754 |
Rating |
: 4/5 (53 Downloads) |
Synopsis The Nigerian Rice Economy by : Kwabena Gyimah-Brempong
In The Nigerian Rice Economy the authors assess three options for reducing this dependency - tariffs and other trade policies; increasing domestic rice production; and improving post-harvest rice processing and marketing - and identify improved production and post-harvest activities as the most promising. These options however, will require substantially increased public investments in a variety of areas, including research and development, basic infrastructure (for example, irrigation, feeder roads, and electricity), and rice milling technologies.
Author |
: P. Collier |
Publisher |
: Springer |
Total Pages |
: 447 |
Release |
: 2008-04-24 |
ISBN-10 |
: 9780230583191 |
ISBN-13 |
: 0230583199 |
Rating |
: 4/5 (91 Downloads) |
Synopsis Economic Policy Options for a Prosperous Nigeria by : P. Collier
This book demonstrates that there is sufficient evidence on the Nigerian economy and society to inform many policy issues, and reveals the current problems and policy options that a democratic Nigeria will need to debate and resolve. It presents an agenda of reform as unfinished business.
Author |
: Tom Forrest |
Publisher |
: Edinburgh University Press |
Total Pages |
: 330 |
Release |
: 1994 |
ISBN-10 |
: STANFORD:36105018437439 |
ISBN-13 |
: |
Rating |
: 4/5 (39 Downloads) |
Synopsis The Advance of African Capital by : Tom Forrest
Combining ethnographic and historical perspectives, this study is the most detailed, most extensive account of medium- and large-scale African business yet published. It examines the strategies and patterns employed by business people from the colonial period to the present day and provides profiles of Nigeria's key entrepreneurs. Not only a valuable digest of business activities, this important study also challenges existing views about African enterprise and is highly relevant to policy-makers concerned with economic development.