The Emergence of Inclusive Growth: Issues, Challenges and Policy Options for Nigeria

Perekunah Eregha and Ekundayo Mesagan

No 19/064, Working Papers from European Xtramile Centre of African Studies (EXCAS)

Abstract: This study analysed the issues involved in inclusive growth as well as the challenges faced by Nigeria. Issues like economic growth, green growth, inclusive green growth and inclusive growth were discussed in the study. Key determinants of inclusive growth such as human capital investment, job creation, structural transformation, social protection and quality institutions were identified. With regards to Nigeria, it was observed that the country is still far away from realistically being able to achieve inclusive growth as dependency ratio, poverty and depletion of natural capital is very high. Also, health care delivery is very poor and institutional quality is almost non-existent. We therefore recommended that government should strengthen its institutions by allowing every government agency to function independently and in accordance with constitutional provisions. They should also control those activities that cause depletion of natural capital and bring down the incidence of poverty to the barest minimum to ensure that growth becomes inclusive.

Keywords: Inclusive Growth; Green Growth; Institutions; Social Protection; Human Capital (search for similar items in EconPapers)
JEL-codes: D31 I32 I38 (search for similar items in EconPapers)
Pages: 33
Date: 2019-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Forthcoming book chapter: The Emergence of Inclusive Growth: Issues, Challenges and Policy Options for Nigeria. In O. I. Lawanson & N.M. Nwakeze (Eds.), Economics of Human Resource: Issues, Challenges & Opportunities. A Festschrift in Honour of Professor Michael Adejugbe.

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http://publications.excas.org/RePEc/exs/exs-wpaper ... rowth-in-Nigeria.pdf Revised version, 2019 (application/pdf)

Related works:
Working Paper: The Emergence of Inclusive Growth: Issues, Challenges and Policy Options for Nigeria (2019)
Working Paper: The Emergence of Inclusive Growth: Issues, Challenges and Policy Options for Nigeria (2019)
Working Paper: The Emergence of Inclusive Growth: Issues, Challenges and Policy Options for Nigeria (2019)
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