Nigeria: Experience with Structural Adjustment

Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
Cover of the book Nigeria: Experience with Structural Adjustment by International Monetary Fund, INTERNATIONAL MONETARY FUND
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Author: International Monetary Fund ISBN: 9781452722740
Publisher: INTERNATIONAL MONETARY FUND Publication: April 4, 1997
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: International Monetary Fund
ISBN: 9781452722740
Publisher: INTERNATIONAL MONETARY FUND
Publication: April 4, 1997
Imprint: INTERNATIONAL MONETARY FUND
Language: English
Over the past two decades, Nigeria has not reaped fully the benefits of its national wealth despite its efforts at structural adjustment. This paper concludes that the facts do not justify the negative image that structural adjustment has had in Nigeria. Vigorous market reforms and tight financial policies had resulted in economic growth and employment expansion, but they were abandoned too soon to have sustained benefits.
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Over the past two decades, Nigeria has not reaped fully the benefits of its national wealth despite its efforts at structural adjustment. This paper concludes that the facts do not justify the negative image that structural adjustment has had in Nigeria. Vigorous market reforms and tight financial policies had resulted in economic growth and employment expansion, but they were abandoned too soon to have sustained benefits.

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