The Political Constraints On Nigerian Economic Development Since The Independence

Author : Cajetan Iwunze
Publisher : Strategic Book Publishing
ISBN 13 : 1618974653
Total Pages : 217 pages
Book Rating : 4.55/5 ( download)

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Download or read book The Political Constraints on Nigerian Economic Development Since the Independence written by Cajetan Iwunze and published by Strategic Book Publishing. This book was released on 2013-02 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author : World Bank
Publisher : World Bank Publications
ISBN 13 : 1464807744
Total Pages : 350 pages
Book Rating : 4.49/5 ( download)

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Download or read book Making Politics Work for Development written by World Bank and published by World Bank Publications. This book was released on 2016-07-14 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Kelechi Amihe Kalu
Publisher :
ISBN 13 :
Total Pages : 248 pages
Book Rating : 4.09/5 ( download)

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Download or read book Economic Development and Nigerian Foreign Policy written by Kelechi Amihe Kalu and published by . This book was released on 2000 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Mr.Ari Aisen
Publisher : International Monetary Fund
ISBN 13 : 1455211907
Total Pages : 30 pages
Book Rating : 4.06/5 ( download)

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Download or read book How Does Political Instability Affect Economic Growth? written by Mr.Ari Aisen and published by International Monetary Fund. This book was released on 2011-01-01 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Toyin Falola
Publisher : Cambridge University Press
ISBN 13 : 1108837972
Total Pages : 691 pages
Book Rating : 4.72/5 ( download)

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Download or read book Understanding Modern Nigeria written by Toyin Falola and published by Cambridge University Press. This book was released on 2021-06-24 with total page 691 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to the politics and society of post-colonial Nigeria, highlighting the key themes of ethnicity, democracy, and development.

Author : David Bevan
Publisher : World Bank Publications
ISBN 13 : 0195209869
Total Pages : 482 pages
Book Rating : 4.60/5 ( download)

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Download or read book Nigeria and Indonesia written by David Bevan and published by World Bank Publications. This book was released on 1999 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Ngozi Okonjo-Iweala
Publisher :
ISBN 13 : 9780979037658
Total Pages : 28 pages
Book Rating : 4.54/5 ( download)

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Download or read book Nigeria's Economic Reforms written by Ngozi Okonjo-Iweala and published by . This book was released on 2007-06-01 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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.

Author : World Bank Group
Publisher : World Bank Publications
ISBN 13 : 1464809518
Total Pages : 605 pages
Book Rating : 4.14/5 ( download)

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Download or read book World Development Report 2017 written by World Bank Group and published by World Bank Publications. This book was released on 2017-01-23 with total page 605 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are carefully designed, sensible policies too often not adopted or implemented? When they are, why do they often fail to generate development outcomes such as security, growth, and equity? And why do some bad policies endure? World Development Report 2017: Governance and the Law addresses these fundamental questions, which are at the heart of development. Policy making and policy implementation do not occur in a vacuum. Rather, they take place in complex political and social settings, in which individuals and groups with unequal power interact within changing rules as they pursue conflicting interests. The process of these interactions is what this Report calls governance, and the space in which these interactions take place, the policy arena. The capacity of actors to commit and their willingness to cooperate and coordinate to achieve socially desirable goals are what matter for effectiveness. However, who bargains, who is excluded, and what barriers block entry to the policy arena determine the selection and implementation of policies and, consequently, their impact on development outcomes. Exclusion, capture, and clientelism are manifestations of power asymmetries that lead to failures to achieve security, growth, and equity. The distribution of power in society is partly determined by history. Yet, there is room for positive change. This Report reveals that governance can mitigate, even overcome, power asymmetries to bring about more effective policy interventions that achieve sustainable improvements in security, growth, and equity. This happens by shifting the incentives of those with power, reshaping their preferences in favor of good outcomes, and taking into account the interests of previously excluded participants. These changes can come about through bargains among elites and greater citizen engagement, as well as by international actors supporting rules that strengthen coalitions for reform.

Author : Robert I. Rotberg
Publisher : Lynne Rienner Publishers
ISBN 13 : 9781588262998
Total Pages : 296 pages
Book Rating : 4.95/5 ( download)

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Download or read book Crafting the New Nigeria written by Robert I. Rotberg and published by Lynne Rienner Publishers. This book was released on 2004 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers the challenges that Nigeria's leadership now faces, offering rich-and-sobering-analyses of the current political and economic systems.

Author : World Bank
Publisher : World Bank Publications
ISBN 13 : 1464814414
Total Pages : 241 pages
Book Rating : 4.19/5 ( download)

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Download or read book Doing Business 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-21 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.