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Addressing the Natural Resource Curse: An Illustration from Nigeria

Xavier Sala-i-Martin and Arvind Subramanian

Chapter 3 in Economic Policy Options for a Prosperous Nigeria, 2008, pp 61-92 from Palgrave Macmillan

Abstract: Abstract Nigeria has been a disastrous development experience. On just about every conceivable metric, Nigeria’s performance since independence has been dismal. In PPP terms, Nigeria’s per capita GDP was $1113 in 1970 and is estimated to have remained at $1084 in 2000. The latter figure places Nigeria amongst the 15 poorest nations in the world for which such data are available.

Keywords: Real Exchange Rate; Institutional Quality; Real Effective Exchange Rate; Dutch Disease; Institution Equation (search for similar items in EconPapers)
Date: 2008
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Journal Article: Addressing the Natural Resource Curse: An Illustration from Nigeria (2013) Downloads
Working Paper: Addressing the Natural Resource Curse: An Illustration From Nigeria (2003) Downloads
Working Paper: Addressing the Natural Resource Curse: An Illustration from Nigeria (2003) Downloads
Working Paper: Addressing the natural resource curse: An illustration from Nigeria (2003) Downloads
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DOI: 10.1057/9780230583191_4

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