Economic Reform and Macroeconomic Management in Nigeria
Author : Ademola Ariyo
Publisher :
Page : 400 pages
File Size : 44,48 MB
Release : 1996
Category : Nigeria
ISBN :
Author : Ademola Ariyo
Publisher :
Page : 400 pages
File Size : 44,48 MB
Release : 1996
Category : Nigeria
ISBN :
Author : Augustus N. Gbosi
Publisher :
Page : 344 pages
File Size : 50,78 MB
Release : 2007
Category : Nigeria
ISBN :
Author : Ngozi Okonjo-Iweala
Publisher : MIT Press
Page : 211 pages
File Size : 12,21 MB
Release : 2014-08-29
Category : Business & Economics
ISBN : 0262526875
A report on development economics in action, by a crucial player in Nigeria's recent reforms. Corrupt, mismanaged, and seemingly hopeless: that's how the international community viewed Nigeria in the early 2000s. Then Nigeria implemented a sweeping set of economic and political changes and began to reform the unreformable. This book tells the story of how a dedicated and politically committed team of reformers set out to fix a series of broken institutions, and in the process repositioned Nigeria's economy in ways that helped create a more diversified springboard for steadier long-term growth. The author, Harvard- and MIT-trained economist Ngozi Okonjo-Iweala, currently Nigeria's Coordinating Minister for the Economy and Minister of Finance and formerly Managing Director of the World Bank, played a crucial part in her country's economic reforms. In Nigeria's Debt Management Office, and later as Minister of Finance, she spearheaded negotiations with the Paris Club that led to the wiping out of $30 billion of Nigeria's external debt, 60 percent of which was outright cancellation. Reforming the Unreformable offers an insider's view of those debt negotiations; it also details the fight against corruption and the struggle to implement a series of macroeconomic and structural reforms. This story of development economics in action, written from the front lines of economic reform in Africa, offers a unique perspective on the complex and uncertain global economic environment.
Author : Ngozi Okonjo-Iweala
Publisher :
Page : 28 pages
File Size : 50,35 MB
Release : 2007-06-01
Category : Nigeria
ISBN : 9780979037658
"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 : International Monetary Fund
Publisher : International Monetary Fund
Page : 69 pages
File Size : 30,49 MB
Release : 2006-05-18
Category : Business & Economics
ISBN : 1451829019
This First Review Under the Policy Support Instrument (PSI) for Nigeria reports that structural reforms are proceeding in line with the National Economic Empowerment and Development Strategy. The authorities’ commitments under the PSI primary objectives of the economic reform program include entrenching macroeconomic stability, strengthening public financial management, and reducing the costs of doing business. The Central Bank of Nigeria has developed plans to invest some of its international reserves in higher yield financial assets, and allow domestic banks to bid to be custodians for the investments.
Author : Abdul-Ganiyu Garba
Publisher :
Page : 476 pages
File Size : 13,10 MB
Release : 2004
Category : Macroeconomics
ISBN :
Author : Eddy Chicka Ndekwu
Publisher :
Page : 42 pages
File Size : 42,84 MB
Release : 1995
Category : Nigeria
ISBN :
Author : National Integrated Economic Reform Program
Publisher :
Page : 178 pages
File Size : 13,78 MB
Release : 2001-05
Category : Nigeria
ISBN :
Author : Ibrahim Ahmed Kiyawa
Publisher :
Page : 92 pages
File Size : 19,28 MB
Release : 2000
Category : Nigeria
ISBN :
Author : International Monetary Fund
Publisher : INTERNATIONAL MONETARY FUND
Page : 159 pages
File Size : 45,55 MB
Release : 2004-08-06
Category :
ISBN : 9781451828948
This Selected Issues and Statistical Appendix paper presents an assessment of Nigeria's past economic reform efforts-in particular the program supported by the 2000-01 Stand-By Arrangement (SBA). The paper also reviews weaknesses in the current fiscal management framework in Nigeria and proposes reforms to further strengthen the budget process. It describes weaknesses in the current public debt management framework and the government's reform strategy. It highlights the reform implication and addresses further actions that will be needed to put the government's domestic debt reform strategy on a solid foundation.