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Towards Securing Fiscal Policy Coordination in Nigeria

In: Economic Policy Options for a Prosperous Nigeria

Author

Listed:
  • Olu Ajakaiye

Abstract

A federal state, or a federation, is one in which political power is shared among central or national authority and a number of sub-national authorities, generally under the terms of a constitution (Roberts, 1999). In a federation, definite powers are allotted to the central government, and the actions of the central government in exercising the powers conferred on it by the constitution may directly and/or indirectly affect the sub-national governments and vice versa.

Suggested Citation

  • Olu Ajakaiye, 2008. "Towards Securing Fiscal Policy Coordination in Nigeria," Palgrave Macmillan Books, in: Paul Collier & Chukwuma C. Soludo & Catherine Pattillo (ed.), Economic Policy Options for a Prosperous Nigeria, chapter 9, pages 205-219, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-58319-1_10
    DOI: 10.1057/9780230583191_10
    as

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