Resource Exports, Adjustment Problems and Liberalization Prospects in Nigeria

T. Ademola Oyejide

Chapter 3 in Developing Countries and the Global Trading System, 1989, pp 298-315 from Palgrave Macmillan

Abstract: Abstract LDCs that depend heavily on resource exports tend to have rigid and undiversified economies which are particularly sensitive to terms of trade changes and other forms of external shock. In addition, inappropriate domestic policies often lead to overextension of the public sector, currency overvaluation and the accumulation of external debt. Nigeria epitomizes many of these problems.

Keywords: External Debt; Debt Service; Uruguay Round; Trade Negotiation; Resource Sector (search for similar items in EconPapers)
Date: 1989
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-20417-5_15

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349204175

DOI: 10.1007/978-1-349-20417-5_15

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().