Encouraging growth to reduce poverty in Nigeria

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dc.contributor.authorFakiyesi, O.M.
dc.date.accessioned2018-09-28T14:21:29Z
dc.date.available2018-09-28T14:21:29Z
dc.date.issued2001-06
dc.description.abstractThis paper discusses the challenge of poverty reduction in Nigeria from the macroeconomic perspective. It argues that the country's growth performance needs to be improved substantially in order to raise standards of living to appreciable level and achieve a visible reduction in poverty. A broad range of economic and social indicators of growth is utilized to explain the unsatisfactory growth performance in the past. The essence of our argument is that macroeconomic policy inconsistencies, structural bottlenecks, and institutional deficiencies have increased the risk of investing in Nigeria both by local and foreign investors, undermined growth, and militated against poverty reduction objectives. It concludes that a systematic attack on poverty would be difficult with the current total debt stock.en_US
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dc.description.provenanceMade available in DSpace on 2018-09-28T14:21:29Z (GMT). No. of bitstreams: 1 Encouraging growth to reduce poverty in Nigeria.pdf: 394219 bytes, checksum: 9c26f1b1792ce674742fb9881b5be4a2 (MD5) Previous issue date: 2001-06en
dc.description.sponsorshipCentral Bank of Nigeriaen_US
dc.identifier.citationFakiyesi, O.M. (2001). Encouraging growth to reduce poverty in Nigeria . Economic and Financial Review, 39(2),61-91en_US
dc.identifier.urihttp://repo.cbn.gov.ng/jspui/handle/123456789/303
dc.language.isoenen_US
dc.publisherCentral Bank of Nigeria, Research Departmenten_US
dc.relation.ispartofseriesVolume 39;No. 2
dc.subjectPovertyen_US
dc.subjectPoverty reductionen_US
dc.subjectNigeriaen_US
dc.titleEncouraging growth to reduce poverty in Nigeriaen_US

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