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Publications (10)
Journal Article
This study examines the implications of alternative monetary policy regimes to deal with resource revenue shocks when fiscal policy is laissez-faire—that is, when the government spends all resource revenue windfalls contemporaneously. A three-sector dynamic stochastic general equilibrium model is...
Working Paper
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– Lessons from Nigeria and Ghana
Donor interest in the extractives sector is based upon the premise that it represents an opportunity to improve a country’s development prospects. However, in many cases the presence of extractive resources is associated with poor economic performance. As a result, some donors are trying a radically...
Nigeria, sub-Saharan Africa’s biggest economy and most populous country, has recorded high growth in recent years. Indeed, real GDP growth rate was 6.31 in 2014 (compared to the regional average of 4.35). Life expectancy has also increased (by 6.9 years since 1980) and so has mean years of schooling...
Working Paper
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– Application to Nigeria
This study considers the implications of alternative monetary policy regimes to deal with a laissez-faire fiscal policy rule, where the government completely spends resource revenue windfall contemporaneously. A three sector dynamic stochastic general equilibrium model, which features key structural...
Working Paper
pdf
This study examines the relationship between growth and employment in Nigeria to gain insights into the country's paradox of high economic growth alongside rising poverty and inequality. The methodology adopted is the Shapley decomposition approach, complemented with econometric estimation of the...
Journal Article
– Implications for Urban Development in Nigeria
Part of Journal Special Issue
African Development in an Urban World
Journal Article
– Urban Governance and the Politics of Popular Livelihoods in Nigeria
Part of Journal Special Issue
African Development in an Urban World
Working Paper
pdf
– Urban Governance and the Politics of Popular Livelihoods in Nigeria
This paper examines how decentralization and informalization are reshaping urban governance in contemporary Africa. By exploring the interface between urban institutional failures and popular organizational solutions, the paper considers how informal governance processes feed into wider structural...
Working Paper
pdf
– Implications for Urban Development in Nigeria
The paper investigates the impact of infrastructural development on poverty reduction in Nigeria. Specifically, the relative effects of physical and social infrastructure on living standards or poverty indicators are examined, with a view to providing empirical evidence on the implications of...
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