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

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collection.link.101
https://openknowledge.worldbank.org/handle/10986/2209
collection.name.101
Other ESW Reports
dc.contributor.author
World Bank
dc.date.accessioned
2012-06-12T16:30:50Z
dc.date.available
2012-06-12T16:30:50Z
dc.date.issued
2007-05
dc.description.abstract
The 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.identifier
http://documents.worldbank.org/curated/en/2007/05/8316777/nigeria-competitiveness-growth-country-economic-memorandum-vol-2-3-main-report
dc.identifier.uri
http://hdl.handle.net/10986/7824
dc.language
English
dc.publisher
Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ACCOUNTING
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AGRICULTURAL COMMODITIES
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AGRICULTURE
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ARREARS
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AUCTION SYSTEM
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BALANCE OF PAYMENTS
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BANK ACCOUNT
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BANKING SECTOR
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BENCHMARK
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BENCHMARKS
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BOND
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BOND ISSUANCE
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BOOM-BUST CYCLES
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BROAD MONEY
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CAPITAL MARKET
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CAPITAL MARKETS
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CAPITAL STOCK
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CAPITAL STOCKS
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CENTRAL BANK
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COMMERCIAL BANKS
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COMPARATIVE ANALYSIS
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COMPETITIVE ADVANTAGE
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COMPETITIVENESS
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CONSUMER GOODS
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CONSUMERS
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CONTRACT ENFORCEMENT
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CREDIT POLICIES
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CREDIT RATING
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CREDIT STRENGTHS
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CREDIT STRUCTURE
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CREDITORS
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CREDITWORTHINESS
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DEBT
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DEBT BURDEN
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DEBT MANAGEMENT
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DEBT OBLIGATIONS
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DEBT OUTSTANDING
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DEBT OVERHANG
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DEBT RELIEF
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DEBT SERVICE
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DEPOSIT
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DEPOSIT INSURANCE
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DEVELOPING COUNTRIES
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DEVELOPMENT BANK
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DEVELOPMENT STRATEGY
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DIVIDENDS
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DOMESTIC MARKET
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DOMESTIC MARKETS
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DUTCH AUCTION
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ECONOMIC DEVELOPMENT
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ECONOMIC DEVELOPMENTS
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ECONOMIES OF SCALE
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ELASTICITY
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EMERGING MARKET
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EQUIPMENT
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EQUITY FUNDS
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EXCHANGE COMMISSION
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EXCHANGE RATE
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EXCHANGE RATES
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EXPENDITURE
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EXPENDITURES
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EXPORT COMPETITIVENESS
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EXPORT GROWTH
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EXPORT PERFORMANCE
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EXPORTER
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EXPORTS
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EXTERNAL BORROWING
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EXTERNAL DEBT
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EXTERNAL FINANCE
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FINANCIAL MANAGEMENT
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FINANCIAL SECTOR
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FISCAL DEFICIT
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FISCAL DISCIPLINE
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FISCAL POLICY
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FIXED CAPITAL
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FIXED INVESTMENT
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FOREIGN CURRENCY
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FOREIGN DIRECT INVESTMENT
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FOREIGN EXCHANGE
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FOREIGN EXCHANGE MARKETS
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FOREIGN EXCHANGE RESERVES
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FOREIGN FINANCING
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FOREIGN INVESTMENT
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FOREIGN INVESTORS
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FREE TRADE
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GDP
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GDP PER CAPITA
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GINI COEFFICIENT
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GLOBAL MARKETS
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GOVERNANCE ISSUES
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GOVERNMENT EXPENDITURE
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GOVERNMENT FINANCING
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GOVERNMENT POLICIES
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GOVERNMENT REVENUE
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GOVERNMENT REVENUES
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GOVERNMENT SPENDING
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GROSS DOMESTIC PRODUCT
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GROSS FIXED CAPITAL FORMATION
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GROSS NATIONAL SAVINGS
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GROWTH RATE
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HOLDING
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HOUSEHOLD INCOMES
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HOUSING FINANCE
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HUMAN CAPITAL
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IMPLICIT SUBSIDY
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INCOME
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INCOME ELASTICITY OF DEMAND
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INCOME INEQUALITY
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INDUSTRIALIZATION
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INEFFICIENCY
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INFLATION
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INFRASTRUCTURE FINANCE
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INSURANCE
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INSURANCE COMPANIES
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INSURANCE CORPORATION
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INTEREST RATE
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INTEREST RATE FLEXIBILITY
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INTERNATIONAL CAPITAL
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INTERNATIONAL CAPITAL MARKETS
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INTERNATIONAL FINANCE
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INTERNATIONAL FINANCIAL INSTITUTIONS
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INTERNATIONAL MARKETS
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INTERNATIONAL RATING AGENCIES
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INTERNATIONAL STANDARDS
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INTERNATIONAL TRADE
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INVESTING
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INVESTMENT CLIMATE
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INVESTMENT FUND
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INVESTMENT INCOME
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INVESTMENT RATES
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LABOR MARKET
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LIQUIDITY
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LIQUIDITY MANAGEMENT
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LOAN
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LOCAL ECONOMY
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LOCAL GOVERNMENT
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LOCAL MARKETS
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LONG-TERM DEBT
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MACROECONOMIC ANALYSIS
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MACROECONOMIC INSTABILITY
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MACROECONOMIC POLICIES
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MACROECONOMIC POLICY
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MACROECONOMIC STABILITY
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MARKET ACCESS
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MARKET COMPETITION
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MARKET FOR GOVERNMENT SECURITIES
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MARKET SHARE
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MATURITY
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MICRO FINANCE
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MICRO-FINANCE
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MICRO-FINANCE INSTITUTION
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MISSING MARKETS
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MOBILE PHONE
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MONETARY FUND
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MONETARY POLICY
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MORTGAGE
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MORTGAGE FINANCE
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NATURAL RESOURCES
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NET DEBT
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OIL BOOM
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OIL BOOMS
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OIL PRICE
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OIL PRICES
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OIL RESOURCES
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OPEN MARKET
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OVERVALUATION
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PENSION
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PENSION FUND
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PER CAPITA INCOME
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POLITICAL ECONOMY
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POLITICAL RISK
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PREFERENTIAL MARKET ACCESS
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PRIMARY MARKET
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PRIVATE EQUITY
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PRIVATE INVESTMENT
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PRIVATE SECTOR CREDIT
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PRODUCTION INCREASES
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PUBLIC DEBT
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PUBLIC FINANCE
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PUBLIC INVESTMENT
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PUBLIC SPENDING
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REAL EXCHANGE RATE
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REAL GDP
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REMITTANCE
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REMITTANCES
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RESERVES
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RETURN
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RETURNS
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SECONDARY MARKET
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SECONDARY MARKET TRADING
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SECURITIES
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SETTLEMENT
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SMALL BUSINESS
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SMALL BUSINESSES
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SMALLHOLDER AGRICULTURE
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SOVEREIGN DEBT
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STOCK EXCHANGE
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STOCK MARKET
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STOCKS
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TAX
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TAX RATE
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TELECOMMUNICATIONS
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TOTAL FACTOR PRODUCTIVITY
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TOTAL FACTOR PRODUCTIVITY GROWTH
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TOTAL REVENUE
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TRADE DEFICIT
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TRADE POLICIES
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TRADE PROTECTION
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TRADE REGIME
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TRANSACTION
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TRANSPARENCY
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TREASURY
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TREASURY BILL
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TREASURY BILL RATE
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TREASURY BILLS
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TRUST FUND
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UNEMPLOYMENT
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VALUE ADDED
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WAGE RATES
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WAGES
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WITHDRAWAL
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WORLD TRADE ORGANIZATION
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WTO
dc.title
Nigeria - Competitiveness and Growth : Country Economic Memorandum, Volume 2. Main Report
en
okr.doctype
Economic & Sector Work :: Country Economic Memorandum
okr.doctype
Economic & Sector Work
okr.docurl
http://documents.worldbank.org/curated/en/2007/05/8316777/nigeria-competitiveness-growth-country-economic-memorandum-vol-2-3-main-report
okr.globalpractice
Macroeconomics and Fiscal Management
okr.globalpractice
Finance and Markets
okr.globalpractice
Trade and Competitiveness
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
000020953_20070917143606
okr.identifier.internaldocumentum
8316777
okr.identifier.report
36483
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2007/09/17/000020953_20070917143606/Rendered/PDF/364830v2.pdf
en
okr.region.administrative
Africa
okr.region.country
Nigeria
okr.sector
Health
okr.sector
General public administration sector
okr.sector
General industry and trade sector
okr.sector
General finance sector
okr.sector
General education sector
okr.topic
Finance and Financial Sector Development :: Currencies and Exchange Rates
okr.topic
Economic Theory and Research
okr.topic
Private Sector Development :: Emerging Markets
okr.topic
Finance and Financial Sector Development :: Debt Markets
okr.topic
Macroeconomics and Economic Growth
okr.unit
AFT: PREM 3 (AFTP3)
okr.volume
2 of 3

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