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Reforming the unreformable :lessons from Nigeria

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A report on development economics in action, by a crucial player in Nigeria's recent reforms.

Corrupt, mismanaged, and seemingly hopeless: that's how the international community viewed Nigeria in the early 2000s. Then Nigeria implemented a sweeping set of economic and political changes and began to reform the unreformable. This book tells the story of how a dedicated and politically committed team of reformers set out to fix a series of broken institutions, and in the process repositioned Nigeria's economy in ways that helped create a more diversified springboard for steadier long-term growth.

The author, Harvard- and MIT-trained economist Ngozi Okonjo-Iweala, currently Nigeria's Coordinating Minister for the Economy and Minister of Finance and formerly Managing Director of the World Bank, played a crucial part in her country's economic reforms. In Nigeria's Debt Management Office, and later as Minister of Finance, she spearheaded negotiations with the Paris Club that led to the wiping out of $30 billion of Nigeria's external debt, 60 percent of which was outright cancellation. Reforming the Unreformable offers an insider's view of those debt negotiations; it also details the fight against corruption and the struggle to implement a series of macroeconomic and structural reforms.

This story of development economics in action, written from the front lines of economic reform in Africa, offers a unique perspective on the complex and uncertain global economic environment.

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Series Title

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Call Number

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Publisher

Cambridge : MIT Press,., 2012

Collation

1 online resource (xii, 198 pages)

Language

English

ISBN/ISSN

9780262305471

Classification

NONE

Content Type

text

Media Type

computer

Carrier Type

online resource

Edition

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Subject(s)

Corruption
Nigeria

Specific Detail Info

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Statement of Responsibility

Ngozi Okonjo-Iweala.

Other Information

Cataloger

hasyim

Source

https://doi.org/10.7551/mitpress/9018.001.0001?locatt=mode:legacy;http://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf

Validator

hasyim

Digital Object Identifier (DOI)

https://doi.org/10.7551/mitpress/9018.001.0001

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