Annual Report on Exchange Arrangements and Exchange Restrictions 1987


Book Description

This report discusses developments in the international exchange rate and restrictive systems. The period covered by this report is 1986 and, for major developments, the first quarter of 1987. The report highlights that in 1986, protectionist pressures for trade restrictions in the industrial countries continued to be fueled by large and widening bilateral trade imbalances, persistently high levels of unemployment, and a widespread slowing of economic growth. In spite of continued resistance by some governments, quantitative restrictions were tightened in many industrial countries. There were nevertheless several positive developments in the trade and exchange system.




TOP Bulletin


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Anti-Dumping Regulations and Practice in Nigeria


Book Description

This book is an attempt to examine the WTO/GATT anti-dumping regulations within the ambit of the peculiar developmental circumstances of developing countries with Nigeria in perspective. A combination of descriptive analysis and deductions are utilised with reference to the Nigerian experience, as a developing country seeking relevance in the global trading system where non-conforming states are regarded as pariahs. The non-availability of industries to cater for the needs of their populaces has rendered these countries viable global dumping ground for fake, substandard and adulterated products. The conclusion here that as far as developing countries are concerned, anti-dumping regulations as provided by GATT in Nigeria is akin to providing shoes for a man with no feet.




Cross-border Trade and the Parallel Currency Market


Book Description

The authors of this study challenge the assumptions of the World Bank that the expansion in informal cross-border trade is a vindication of the market-liberalizing thrust of structural adjustment, and that adjustment policies have improved the effectiveness of an "independent" bourgeoisie that is emerging out of this trade as an agent of regional integration. Instead, they make the case for the adoption of what they call a "development approach" for tapping the benefits of the informal currency markets, as an alternative to the "market coercion" of structural adjustment.




Nigeria


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Modernization and the Crisis of Development in Africa


Book Description

In this book, Jeremiah I. Dibua challenges prevailing notions of Africa's development crisis by drawing attention to the role of modernization as a way of understanding the nature and dynamics of the crisis, and how to overcome the problem of underdevelopment. He specifically focuses on Nigeria and its development trajectory since it exemplifies the crisis of underdevelopment in the continent. He explores various theoretical and empirical issues involved in understanding the crisis, including state, class, gender and culture, often neglected in analysis, from an interdisciplinary, radical political economy perspective. This is the first book to adopt such an approach and to develop a new framework for analyzing Nigeria's and Africa's development crisis. It will influence the debate on the development dilemma of African and Third World societies and will be of interest to scholars and students of race and ethnicity, modern African history, class analysis, gender studies, and development studies.