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The performance of Nigeria has recently been vehemently criticized as not commensurate with her human and material potentialities. The hope that Nigeria is, by destiny, the African Giant appears to be fading. Some analysts, seeing this, have blamed it on the character defects of the leadership in Nigeria. They argue that because the leaders are predatory and corrupt, they have preoccupied themselves with their interests, which are primitive accumulation and luxurious lifestyles. Meanwhile, the rest of the citizens are suffering. This book argues that such character defects may indeed exist in some of Nigerian leaders. However, these are not the main reasons for their dismal performance regar...
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This book identifies and explains the politico-historical forces that underlie agrarian policies in Nigeria. It also examines the impacts of these policies on different social classes and groups, especially the peasantry. The book focuses specifically on the Agricultural Marketing and Commodity Boards in Nigeria from 1945-1985. These boards are examined as state agencies and actions that have direct implications for different classes and groups. The book reveals that the various social classes and groups contested every step of the agrarian policies, right from their agenda setting to actual implementation. Consequently, the contestations affected drastically the policies and outcomes in suc...
Revised thesis on the role of capital formation, savings and investment in increasing the capacity of Nigerian manufacturing for utilization of technology transfer - analyses processes of technological change in manufacturing, and covers indigenous choice of technology, ' learning by doing' (self help), etc. Bibliography pp. 147 to 152, references and statistical tables.
This book shows that the security, economic, political, and social problems challenging national security, democracy, and good governance currently in Nigeria would get better or worse, depending on what happens to the seventy-one percent (71%) of Nigerias population still living below poverty line. This is in spite of the billions of petrodollars that Nigeria garnered as revenue over the past few decades. It reveals that one does not need to be a political prophet to predict that if these challenges are not successfully addressed through good governance and inclusive growth, this country will witness the worst civil disobedience, violence, revolts, militancy, breakdown of law and order, more kidnappings, and more of the citizens trying to check out of the country to other parts of the world in future. It concludes, however, that under such intense pressures, the Government of Nigeria, even if it is simply for its self-preservation, will be forced by the objective conditions to move against the interests of the dominant groups and classes in Nigeria. These are the ones who have, for long, captured and hijacked state power and the resources of the country for their exclusive use.
"Growing Apart is an important and distinguished contribution to the literature on the political economy of development. Indonesia and Nigeria have long presented one of the most natural opportunities for comparative study. Peter Lewis, one of America's best scholars of Nigeria, has produced the definitive treatment of their divergent development paths. In the process, he tells us much theoretically about when, why, and how political institutions shape economic growth." —Larry Diamond, Senior Fellow, Hoover Institution "Growing Apart is a careful and sophisticated analysis of the political factors that have shaped the economic fortunes of Indonesia and Nigeria. Both scholars and policymake...
Contrary to the Quantity Theory of Money, which in its various forms, implies that increases in output of goods and services will, ceteris paribus, exert downward pressure on the general price level, Dr. Nwankwo in this book, argues that the growth of some components of output could accentuate, rather than dampen inflation. This phenomenon, which the author has termed 'Disaggregation Dissonance Hypothesis', states that while some components of the GDP may be inversely related to the price level, other components may be positively related to the price level. In addition, interaction between sectors, measured for example with the ratio of non-agricultural output to agricultural output, could a...
First Published in 1989. From his vantage point as head of the UN Economic Commission for Africa, Professor Adedeji discusses the development experience of Africa during the critical 1975–1986 period. The collection not only provides extensive factual material on global and sectoral developments but also critically evaluates the economic performance of the continent and advances ideas on methods for and approaches to ensuring a better future.
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