Analysis Of The Cost Of Governance And Options For Its Reduction In Nigeria

Government at any given level and over a defined territory can be treated as a typical example of a natural monopoly in the sense that only one can exist at any particular time. Thus, the traditional theories of costs and monopoly can be very useful in the analysis of the cost structure of government. Like any other unchecked private monopoly, government and by extension governance, can produce sub-optimal units of public good in which it has comparative advantage. Depending on the resources at its disposal and the tax-elasticity of public goods, massive deadweight costs, among others, often result from a high cost governance structure. This paper explores the effects of destructive political competition. It suggests constitutional provisions that will guarantee true separation of powers, restructure the mechanism of governance to, among other measures, limit the size of the cabinet to reduce the high cost of governance in Nigeria.

This book examines the politics and economics of infrastructure development in Nigeria from Independence in 1960 up to 2015, and the role of good governance in promoting the socioeconomic wellbeing of citizens. Arguing for the need for transformational leadership in infrastructure development, the chapters examine policy issues and survey the various administrative, economic, and social-political reforms that have impacted infrastructure development in Nigeria. The author also discusses current national development plans and Vision 20:2020; challenges to infrastructure development, including corruption; and the future potential of a strong infrastructure network for the economy and citizens. Drawing upon his experience within government departments, as well as existing models of leadership and governance, the author explores the role of infrastructure development in promoting the wellbeing and growth of Nigeria. Combining theory with practical examples of good governance, this book will be of interest for students and researchers of political science and infrastructure development in Africa.

Traditionally, economics training in public finances has focused more on tax than public expenditure issues, and within expenditure, more on policy considerations than the more mundane matters of public expenditure management. For many years, the IMF's Public Expenditure Management Division has answered specific questions raised by fiscal economists on such missions. Based on this experience, these guidelines arose from the need to provide a general overview of the principles and practices observed in three key aspects of public expenditure management: budget preparation, budget execution, and cash planning. For each aspect of public expenditure management, the guidelines identify separately the differing practices in four groups of countries - the francophone systems, the Commonwealth systems, Latin America, and those in the transition economies. Edited by Barry H. Potter and Jack Diamond, this publication is intended for a general fiscal, or a general budget, advisor interested in the macroeconomic dimension of public expenditure management.

What does it mean to speak of 'national development' in the 1990s? As a result of the tumultuous changes in global economic and political structures, scholars and policymakers specializing in the study of national development must reassess the interpretive models they have relied upon in the past. This book brings together essays by a distinguished group of social scientists that address the dilemmas facing development theory today. These essays, grounded in sociological research, reclaim the important role once played by sociological theory in development studies. The collection provides an overview of traditional theories of development, assessing their strengths and weaknesses, and identifies the new actors, issues, and processes that future analysis must address. The essays discuss the impact of technological innovations in production and commerce, the changing relations of states and markets, regional development inequalities, and the emergence of new social groups as participants in development processes. from the book Contents: 'Sociology and Development in the 1990s: Critical Challenges and Empirical Trends,' by A. Douglas Kincaid and Alejandro Portes 'Rethinking Development Theory: Insights from East Asia and Latin America,' by Gary Gereffi 'The New Dependency: Technological Change and Socioeconomic Restructuring in Latin America,' by Manuel Castells and Roberto Laserna 'Predatory, Developmental, and Other Apparatuses: A Comparative Political Economy Perspective on the Third World State,' by Peter B. Evans 'Regional Development Theory and the Subordination of Extractive Peripheries,' by Stephen G. Bunker 'Broadening the Scope: Gender and International Economic Development,' by M. Patricia Fernndez Kelly 'Path Dependence and Privatization Strategies in East Central Europe,' by David Stark 'Urbanization, Development, and the Household,' by Bryan R. Roberts

African countries are pursuing a number of development agendas toward achieving economic growth that is inclusive, pro-poor, and sustainable, particularly the type that can unleash the potential of women and booming youthful populations. However, available evidence shows that many African countries have experienced economic hardships and have performed more poorly than other developing and emerging countries in the global south. The Handbook of Research on Institution Development for Sustainable and Inclusive Economic Growth in Africa is an essential research publication that provides comprehensive research on the processes of building viable institutions in Africa that will serve as the fulcrum for utilizing and managing resources as well as promoting economic growth that is inclusive and sustainable. Featuring topics such as climate change, financial development, and poverty, this book is ideal for researchers, policymakers, developers, economic professionals, academicians, government officials, business professionals, and students.

This is the second in a two volume study of Corporate Social Responsibility (CSR) and corporate behaviour from around the world, taking in viewpoints from five continents and over ten countries. These case studies represent one of the most comprehensive collections on contemporary business practices in the significant area of Corporate Social Respo

In The Nigerian Rice Economy the authors assess three options for reducing this dependency - tariffs and other trade policies; increasing domestic rice production; and improving post-harvest rice processing and marketing - and identify improved production and post-harvest activities as the most promising. These options however, will require substantially increased public investments in a variety of areas, including research and development, basic infrastructure (for example, irrigation, feeder roads, and electricity), and rice milling technologies.

This Poverty Reduction Strategy Paper for Nigeria highlights the National Economic Empowerment and Development Strategy (NEEDS). NEEDS gives special support to agriculture, industry, small and medium-scale enterprises, and oil and gas. Under the plan, the government will seek long-term capital for investment. Trade policy will be modified to unburden business of the red tape and complex procedures that hinder it from flourishing. NEEDS envisages forging stronger links between educational institutions and industry to stimulate rapid industrial growth and efficient exploitation of resources.