Political economy of the petroleum sector in nigeria. Mozambique and nigeria, seem to be on the mend, the democratic republic. The demand for freestanding, politicaleconomy assessments by country. Practical implications nigeria needs to restructure her social and political institutions.
This, some quarters claimed, was intended to undermine the supreme. African political economy and the quest for free market longdom. Nigerian government is merely lending the money to the international economy, whilst such monies could indeed be plunged into social service delivery. Library of congress federal research division country profile. The political economy of development in nigeria iosr journal. Nigerias political economy has actually been driven by this. The political economy of nigeria and the continuing agenda of recolonizaton. Strategies in improving the policy and access to technology education in secondary schools in nigeria. Its focus is on the political economy of the development of. Lumanyano ngcayisa at university of the free state. Pdf a political economy of nigerias capitalist system. Economic freedom and economic development have been battered by nigerias chronic and severe political instability, intervention in the economy by the. Learn more about the nigeria economy, including the population of nigeria, gdp, facts, trade, business, inflation and other data and analysis on its economy from the index of economic. This country is a great example of a postcolonial developing nation and its developmental history contains very important lessons about the political and economic retardation of the developing world.
Definitions and characteristics central characteristics which mutually constitute a political economy approach. International journal of politics, culture, and society, 10 2, 229247. The muslim north the people of bornu in the northeastern corner of nigeria seem to have been in the first wave of the movement from the northern. Political economy of nigeria request pdf researchgate. The nigerian economy is dominated by crude oil, which accounts for about 10% of the countrys gdp, 70% of government revenue and more than 83% of the countrys total export earnings, according to opec. The political economy of development in weak states emerald insight.
The political economy of a country is pivotal to its economic dynamics as well as its social system. Pdf as a result, this affects the political economy of nigeria, as domestic dynamics. While politics and the process of politicking do not necessarily. Freidman 1962 clearly stating that democratic rights enforced in a free.
Case study the african nation of nigeria has long been a case of interest for the study of political and economic development. The political, economic and social dynamics of nigeria africa portal. The relatively slow pace of nigerias development has often been attributed to the phenomenon of the resource curse whereby the nature of the state as a rentier dilutes accountability for development and political actors are able to manipulate institutions to sustain poor governance. For an analysis of the political economy of economic reforms in nigeria see utomi et al. Political economy analysis selected readings 1 conceptual. Thus an examination of the socioeconomic and political development processes in nigeria provides a useful background for the analysis of the nigerian economic crisis. Thus, in the quest to understand the economic predicates of nigeria s current security challenges, this paper provides a general description of nigeria s political economy and its tendency to. Court on the eve of its ruling on whether the 2003 presidential election was free and fair.
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