Advanced Search
MyIDEAS: Login to save this book or follow this series

Reforming the Unreformable: Lessons from Nigeria

Contents:

Author Info

  • Okonjo-Iweala, Ngozi

    (Ministry of Finance, Nigeria)

Registered author(s):

    Abstract

    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, was a crucial player 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 of Creditors that led to the cancellation of sixty percent of Nigeria’s external debt. 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. Nigeria’s efforts can be viewed as a laboratory for other countries--not just resource-rich developing countries like Nigeria, but any country interested in reining in debt, managing volatility, saving for the future, or building credibility with debtors and investors. 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.

    Download Info

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Bibliographic Info

    as in new window
    This book is provided by The MIT Press in its series MIT Press Books with number 0262018144 and published in 2012.

    Volume: 1
    Edition: 1
    ISBN: 0-262-01814-4
    Handle: RePEc:mtp:titles:0262018144

    Contact details of provider:
    Web page: http://mitpress.mit.edu

    Related research

    Keywords: trade; development; history of economics; economic development; Africa; Nigeria; political science;

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:mtp:titles:0262018144. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jake Furbush).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.