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Publications (13)
Apart from a ‘badly flawed’ national election, insecurity, and mass exodus of its young talents to the Global North (locally known as Japa), a paralyzing debt burden is among the existential threats facing Nigeria, Africa’s largest and most populous economy. Between 1999—when democracy returned—and...
Working Paper
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There has been much discussion on climate change and its adverse effects on agriculture, including excessive loss of food production. In regions such as sub-Saharan Africa, where agriculture is the major source of household livelihoods, shocks in weather patterns affect farmers’ expectations of farm...
Working Paper
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– Evidence from transaction-level data in Nigeria
Research on profit shifting by multinational corporations in developing countries is limited due to a lack of data. In this paper we use, for the first time, novel administrative data on the transactions of multinational corporations operating in Nigeria vis-à-vis related parties in other...
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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– 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...
Book Chapter
From the book:
Food Price Policy in an Era of Market Instability
Working Paper
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– Comparing Indonesia and Nigeria
This paper analyses the role of foreign aid to assist development in two oil-rich countries: Indonesia and Nigeria. This paper seeks to understand the way foreign aid provided assistance to transform Indonesia from a ‘fragile’ state in the 1960s into one of the ‘Asian Tigers’ in the mid-1990s, and...
Blog
22 August 2013 Roger Williamson Given the high growth rates since 2000 and low labour costs, Africa could develop manufacturing industry, agro-processing, and services. But these cost advantages can easily be undermined by factors such as inadequate infrastructure, particularly power, transportation...
Working Paper
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The food crisis of 2008 in Nigeria was influenced by price changes in the world market and the escalation of the price of imported fuel into Nigeria which led to sharp increases in the prices of agricultural inputs and transportation cost. The soaring prices of food staples benefited the producers...
Working Paper
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– A Tale of Two Countries
The current paper demonstrates a dichotomy of the growth response to changes in the barter terms of trade, employing as case studies the two African countries, Botswana and Nigeria. Using distributed-lag analysis, the paper finds that the effect of terms of trade on output is positive and negative...
– Contrasting Evidence from Two Countries
The current paper demonstrates a dichotomy of the growth response to changes in the barter terms of trade, employing as case studies the two African countries, Botswana and Nigeria. Using distributed-lag analysis, the paper finds that the effect of terms of trade on output is positive and negative...
Book Chapter
From the book:
Reforming Africa's Institutions
Working Paper
pdf
Successive governments in Nigeria have introduced reforms aimed at improving the efficiency and effectiveness of the civil service. Still, the service remains inefficient and incapable of reforming itself, let alone the rest of the economy. Corruption has become an endemic feature of public sector...
Displaying 13 of 13 results