DescriptionEconomic Reforms and Nigeria’s Political Crisis is an insightful analysis of the effect of exogenous economic development strategies on the political crises of Nigeria and other third world countries. It challenges the often widely held view that Nigeria’s economic crisis is a function of a self-imposed paralytic political framework. The author submits that the nearly two decades of Nigeria’s political turmoils arise from the unfavourable externally fashioned economic reforms. She anchors her thesis on a detailed review of official data and documents from the World Bank, IMF, Central Bank of Nigeria and Nigeria’s Federal Office of Statistics covering the SAP period, 1986-1991. The Nigeria SAP experience is then weighed against successful turn-around strategies of specific developed and developing countries.The book aims for a very wide readership in Nigeria in particular and Africa at large where SAP has been most widely implemented under day-to-day supervision of the World Bank and IMF. It will also be of great relevance to policy makers at various levels of government, economists and people in related professions, the academia, and the general populace.The AuthorMiss Rose Umoren, currently a senior manager in the Corporate Planning and Development Division of First Bank of Nigeria Plc, was a practising financial journalist for many years both in Nigeria and the United States. She holds a Master’s degree in Economics and Social Studies from the University of Manchester, England and a Master of Science (MSc) degree in Mass Communication from the University of Lagos. She also holds a diploma in French from the French Education Ministry through Alliance Française, Lagos.Umoren was at various times the Editor of Business Concord and Business Editor of The Guardian.In the US, she served as African correspondent of Inter Press Service (IPS) covering the World Bank, the International Monetary Fund (IMF) and the US Administration and Congress as well as the International Institute of Finance (IIF).
