Towards Securing Fiscal Policy Coordination in Nigeria

Olu Ajakaiye

Chapter 9 in Economic Policy Options for a Prosperous Nigeria, 2008, pp 205-219 from Palgrave Macmillan

Abstract: Abstract A federal state, or a federation, is one in which political power is shared among central or national authority and a number of sub-national authorities, generally under the terms of a constitution (Roberts, 1999). In a federation, definite powers are allotted to the central government, and the actions of the central government in exercising the powers conferred on it by the constitution may directly and/or indirectly affect the sub-national governments and vice versa.

Keywords: Policy Rule; Policy Coordination; Macroeconomic Stability; National Development Plan; Stabilization Fund (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-58319-1_10

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DOI: 10.1057/9780230583191_10

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