Publication:
Nigeria - Competitiveness and Growth : Country Economic Memorandum, Volume 2. Main Report

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dc.contributor.authorWorld Bank
dc.date.accessioned2012-06-12T16:30:50Z
dc.date.available2012-06-12T16:30:50Z
dc.date.issued2007-05
dc.description.abstractThe theme of this report is Nigeria's competitiveness and growth. This report consequently focuses on constraints, opportunities and strategic choices associated with increasing productivity and growth of the Nigerian economy on a sustained basis. Its objective is not to present a "blueprint" for Nigeria's growth but rather to raise issues and provide some options for the consideration of policy makers and other Nigerian stakeholders. The report is structured in four main sections. The first section analyzes Nigeria's growth history, examines the recent growth pick up and assesses its sustainability. The second section analyses how the critical constraints to competitiveness and growth may be addressed. The third section discusses how trade -domestic and external - can be used more effectively to drive growth and poverty reduction. The final chapter provides policy conclusions and suggestions on what could be key elements of a growth agenda for Nigeria. The analysis in this report suggests the following key elements for a growth strategy for Nigeria: 1) Strengthening actions to tackle the most immediate constraints to the competitiveness of the economy presented by infrastructure and the business environment; 2) Using domestic trade more effectively to enhance productivity and competitiveness by strengthening their functioning, and building stronger linkages between the oil and non-oil sectors, and over time strengthening Nigeria's integration into global markets; 3) Ensuring that the poor can participate more fully in growth by placing urgent emphasis on (i) finding ways to give back some of the proceeds of oil windfall directly to Nigerians; (ii) raising agricultural productivity-including through enhanced technology; and (iii) encouraging the transition from informality to the formal sector; and 4) Building the human capital and technological base of the economy over the longer term.en
dc.identifierhttp://documents.worldbank.org/curated/en/2007/05/8316777/nigeria-competitiveness-growth-country-economic-memorandum-vol-2-3-main-report
dc.identifier.doi10.1596/7824
dc.identifier.urihttps://hdl.handle.net/10986/7824
dc.languageEnglish
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectAGRICULTURAL COMMODITIES
dc.subjectAGRICULTURE
dc.subjectARREARS
dc.subjectAUCTION SYSTEM
dc.subjectBALANCE OF PAYMENTS
dc.subjectBANK ACCOUNT
dc.subjectBANKING SECTOR
dc.subjectBENCHMARK
dc.subjectBENCHMARKS
dc.subjectBOND
dc.subjectBOND ISSUANCE
dc.subjectBOOM-BUST CYCLES
dc.subjectBROAD MONEY
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKETS
dc.subjectCAPITAL STOCK
dc.subjectCAPITAL STOCKS
dc.subjectCENTRAL BANK
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMPARATIVE ANALYSIS
dc.subjectCOMPETITIVE ADVANTAGE
dc.subjectCOMPETITIVENESS
dc.subjectCONSUMER GOODS
dc.subjectCONSUMERS
dc.subjectCONTRACT ENFORCEMENT
dc.subjectCREDIT POLICIES
dc.subjectCREDIT RATING
dc.subjectCREDIT STRENGTHS
dc.subjectCREDIT STRUCTURE
dc.subjectCREDITORS
dc.subjectCREDITWORTHINESS
dc.subjectDEBT
dc.subjectDEBT BURDEN
dc.subjectDEBT MANAGEMENT
dc.subjectDEBT OBLIGATIONS
dc.subjectDEBT OUTSTANDING
dc.subjectDEBT OVERHANG
dc.subjectDEBT RELIEF
dc.subjectDEBT SERVICE
dc.subjectDEPOSIT
dc.subjectDEPOSIT INSURANCE
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT BANK
dc.subjectDEVELOPMENT STRATEGY
dc.subjectDIVIDENDS
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC MARKETS
dc.subjectDUTCH AUCTION
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC DEVELOPMENTS
dc.subjectECONOMIES OF SCALE
dc.subjectELASTICITY
dc.subjectEMERGING MARKET
dc.subjectEQUIPMENT
dc.subjectEQUITY FUNDS
dc.subjectEXCHANGE COMMISSION
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATES
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXPORT COMPETITIVENESS
dc.subjectEXPORT GROWTH
dc.subjectEXPORT PERFORMANCE
dc.subjectEXPORTER
dc.subjectEXPORTS
dc.subjectEXTERNAL BORROWING
dc.subjectEXTERNAL DEBT
dc.subjectEXTERNAL FINANCE
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL SECTOR
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL DISCIPLINE
dc.subjectFISCAL POLICY
dc.subjectFIXED CAPITAL
dc.subjectFIXED INVESTMENT
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE MARKETS
dc.subjectFOREIGN EXCHANGE RESERVES
dc.subjectFOREIGN FINANCING
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN INVESTORS
dc.subjectFREE TRADE
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGINI COEFFICIENT
dc.subjectGLOBAL MARKETS
dc.subjectGOVERNANCE ISSUES
dc.subjectGOVERNMENT EXPENDITURE
dc.subjectGOVERNMENT FINANCING
dc.subjectGOVERNMENT POLICIES
dc.subjectGOVERNMENT REVENUE
dc.subjectGOVERNMENT REVENUES
dc.subjectGOVERNMENT SPENDING
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROSS FIXED CAPITAL FORMATION
dc.subjectGROSS NATIONAL SAVINGS
dc.subjectGROWTH RATE
dc.subjectHOLDING
dc.subjectHOUSEHOLD INCOMES
dc.subjectHOUSING FINANCE
dc.subjectHUMAN CAPITAL
dc.subjectIMPLICIT SUBSIDY
dc.subjectINCOME
dc.subjectINCOME ELASTICITY OF DEMAND
dc.subjectINCOME INEQUALITY
dc.subjectINDUSTRIALIZATION
dc.subjectINEFFICIENCY
dc.subjectINFLATION
dc.subjectINFRASTRUCTURE FINANCE
dc.subjectINSURANCE
dc.subjectINSURANCE COMPANIES
dc.subjectINSURANCE CORPORATION
dc.subjectINTEREST RATE
dc.subjectINTEREST RATE FLEXIBILITY
dc.subjectINTERNATIONAL CAPITAL
dc.subjectINTERNATIONAL CAPITAL MARKETS
dc.subjectINTERNATIONAL FINANCE
dc.subjectINTERNATIONAL FINANCIAL INSTITUTIONS
dc.subjectINTERNATIONAL MARKETS
dc.subjectINTERNATIONAL RATING AGENCIES
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINTERNATIONAL TRADE
dc.subjectINVESTING
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT FUND
dc.subjectINVESTMENT INCOME
dc.subjectINVESTMENT RATES
dc.subjectLABOR MARKET
dc.subjectLIQUIDITY
dc.subjectLIQUIDITY MANAGEMENT
dc.subjectLOAN
dc.subjectLOCAL ECONOMY
dc.subjectLOCAL GOVERNMENT
dc.subjectLOCAL MARKETS
dc.subjectLONG-TERM DEBT
dc.subjectMACROECONOMIC ANALYSIS
dc.subjectMACROECONOMIC INSTABILITY
dc.subjectMACROECONOMIC POLICIES
dc.subjectMACROECONOMIC POLICY
dc.subjectMACROECONOMIC STABILITY
dc.subjectMARKET ACCESS
dc.subjectMARKET COMPETITION
dc.subjectMARKET FOR GOVERNMENT SECURITIES
dc.subjectMARKET SHARE
dc.subjectMATURITY
dc.subjectMICRO FINANCE
dc.subjectMICRO-FINANCE
dc.subjectMICRO-FINANCE INSTITUTION
dc.subjectMISSING MARKETS
dc.subjectMOBILE PHONE
dc.subjectMONETARY FUND
dc.subjectMONETARY POLICY
dc.subjectMORTGAGE
dc.subjectMORTGAGE FINANCE
dc.subjectNATURAL RESOURCES
dc.subjectNET DEBT
dc.subjectOIL BOOM
dc.subjectOIL BOOMS
dc.subjectOIL PRICE
dc.subjectOIL PRICES
dc.subjectOIL RESOURCES
dc.subjectOPEN MARKET
dc.subjectOVERVALUATION
dc.subjectPENSION
dc.subjectPENSION FUND
dc.subjectPER CAPITA INCOME
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLITICAL RISK
dc.subjectPREFERENTIAL MARKET ACCESS
dc.subjectPRIMARY MARKET
dc.subjectPRIVATE EQUITY
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE SECTOR CREDIT
dc.subjectPRODUCTION INCREASES
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC FINANCE
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC SPENDING
dc.subjectREAL EXCHANGE RATE
dc.subjectREAL GDP
dc.subjectREMITTANCE
dc.subjectREMITTANCES
dc.subjectRESERVES
dc.subjectRETURN
dc.subjectRETURNS
dc.subjectSECONDARY MARKET
dc.subjectSECONDARY MARKET TRADING
dc.subjectSECURITIES
dc.subjectSETTLEMENT
dc.subjectSMALL BUSINESS
dc.subjectSMALL BUSINESSES
dc.subjectSMALLHOLDER AGRICULTURE
dc.subjectSOVEREIGN DEBT
dc.subjectSTOCK EXCHANGE
dc.subjectSTOCK MARKET
dc.subjectSTOCKS
dc.subjectTAX
dc.subjectTAX RATE
dc.subjectTELECOMMUNICATIONS
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTOTAL FACTOR PRODUCTIVITY GROWTH
dc.subjectTOTAL REVENUE
dc.subjectTRADE DEFICIT
dc.subjectTRADE POLICIES
dc.subjectTRADE PROTECTION
dc.subjectTRADE REGIME
dc.subjectTRANSACTION
dc.subjectTRANSPARENCY
dc.subjectTREASURY
dc.subjectTREASURY BILL
dc.subjectTREASURY BILL RATE
dc.subjectTREASURY BILLS
dc.subjectTRUST FUND
dc.subjectUNEMPLOYMENT
dc.subjectVALUE ADDED
dc.subjectWAGE RATES
dc.subjectWAGES
dc.subjectWITHDRAWAL
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO
dc.titleNigeria - Competitiveness and Growth : Country Economic Memorandum, Volume 2. Main Reporten
dspace.entity.typePublication
okr.date.doiregistration2025-05-07T09:16:07.687650Z
okr.doctypeEconomic & Sector Work::Country Economic Memorandum
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2007/05/8316777/nigeria-competitiveness-growth-country-economic-memorandum-vol-2-3-main-report
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid287021468288953626
okr.guid605981468291929073
okr.guid280651468289181358
okr.identifier.externaldocumentum000020953_20070917143606
okr.identifier.internaldocumentum8316777
okr.identifier.report36483
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2007/09/17/000020953_20070917143606/Rendered/PDF/364830v2.pdfen
okr.region.administrativeAfrica
okr.region.countryNigeria
okr.sectorHealth
okr.sectorGeneral public administration sector
okr.sectorGeneral industry and trade sector
okr.sectorGeneral finance sector
okr.sectorGeneral education sector
okr.topicFinance and Financial Sector Development::Currencies and Exchange Rates
okr.topicEconomic Theory and Research
okr.topicPrivate Sector Development::Emerging Markets
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicMacroeconomics and Economic Growth
okr.unitAFT: PREM 3 (AFTP3)
okr.volume2 of 3
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