Reforming the Unreformable : Lessons from Nigeria.

Intro -- Contents -- Preface -- Acknowledgments -- 1 Setting the Stage for Reform -- Building an Economic Team -- Mapping Out the Reform Strategy -- 2 Advancing Macroeconomic Reforms -- Nigeria-One of the World's Most Volatile Economies -- What Did We Do to Solve These Problems? -- Toward a Clear and Consistent Budget Process and Framework -- What Did We Do to Improve the Budget Process? -- What Were the Results of the Macroeconomic Reforms? -- 3 Promoting Privatization, Deregulation, and Liberalization -- Liberalizing Important Sectors of the Economy and Privatizing Public Enterprises -- Defining the Problem -- Solving the Problem: Privatizing and Commercializing Public Enterprises, and Deregulating and Liberalizing Important Sectors -- Methodology and Institutions for Privatization -- Results, Challenges, and Opportunities -- 4 Launching Other Structural Reforms -- Reforming the Civil Service -- Trade, Tariff, and Customs Reforms -- Reforms in the Banking Sector -- Conclusion -- 5 Fighting Corruption -- Corruption on a Grand Scale: Theft of Public Assets by High Public Officials -- Corruption from the Top: Theft of Public Assets by a Former Dictator -- Corruption from Within: Corruption by Foreign Companies and Their Domestic Partners in Crime -- Corruption from the Bottom: Private Intimidation -- How Did We Fight Back? -- Measuring Results -- Conclusion -- 6 Obtaining Debt Relief -- Setting the Scene for Debt Relief -- Navigating Paris Club Debt Relief: Fundamental Elements -- Additional Factors Leading to Debt Relief -- High-Stakes Negotiations -- Conclusion: Moving Beyond Debt Relief -- 7 Reflections on the Reforms and Lessons for Reformers -- Reflections on the Reforms -- Accomplishments -- Lessons for Reformers -- 8 Conclusions and a Look Forward -- The Global Context -- Transforming the Nigerian Economy -- Working on the Real Sectors.

Appendix: Figures and Tables -- Notes -- References -- About the Author -- Index.

A report on development economics in action, by a crucial player in Nigeria's recent reforms.

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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.