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Towards a More Competitive Manufacturing Sector

In: Economic Policy Options for a Prosperous Nigeria

Author

Listed:
  • Adeel Malik
  • Francis Teal

Abstract

If oil lies at the core of Nigeria’s economic and political problems, a vibrant manufacturing sector is part of the solution. In analysing Nigeria’s economic challenges, the buck often stops at the manufacturing sector, since its role remains central to any attempt at reducing oil dependence and promoting economic diversification. Previous chapters have posed a broad range of questions: How to avoid the adverse effects of oil dependence on institutions? How to cope with the extreme volatility induced by fluctuations in the terms of trade? How to create a competitive tradable sector? How to generate pro-poor growth? It is these questions that inform the focus on the manufacturing sector and underscore the need for reform. Reviving manufacturing activity in Nigeria is the sine qua non of any serious policy effort for economic reform.

Suggested Citation

  • Adeel Malik & Francis Teal, 2008. "Towards a More Competitive Manufacturing Sector," Palgrave Macmillan Books, in: Paul Collier & Chukwuma C. Soludo & Catherine Pattillo (ed.), Economic Policy Options for a Prosperous Nigeria, chapter 11, pages 247-274, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-58319-1_12
    DOI: 10.1057/9780230583191_12
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    Cited by:

    1. Francis Teal, 2010. "Higher Education and Economic Development in Africa: a Review of Channels and Interactions," Economics Series Working Papers CSAE WPS/2010-25, University of Oxford, Department of Economics.

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