Indonesian and Nigerian politics paralleled each other to a remarkable degree before diverging suddenly when oil money came into play. Both were populous, ethnically diverse countries with abundant natural resources and histories of political turbulence and authoritarian rule. But despite these likenesses, the two countries have seen dramatic differences in economic performance over recent decades: Indonesia grew rapidly and was able to improve national standards of living, while Nigeria stagnated and experienced deepening poverty. Author Peter Lewis suggests that the explanation for this divergence is found in each country's way of confronting policy reform and developing institutions for economic growth. Based on the author's detailed study of forty years of economic change, ""Growing Apart"" offers conclusions about the policy decisions, governmental institutions, and political foundations needed for long-term economic growth.
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Indonesian and Nigerian politics paralleled each other to a remarkable degree before diverging suddenly when oil money came into play. This book suggests that the explanation for this divergence is found in each country's way of confronting policy reform and developing institutions for economic growth.
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Produktdetaljer

ISBN
9780472069804
Publisert
2007-04-30
Utgiver
Vendor
The University of Michigan Press
Vekt
492 gr
Aldersnivå
P, 06
Språk
Product language
Engelsk
Format
Product format
Heftet
Antall sider
368

Forfatter

Biographical note

Peter M. Lewis is Associate Professor and Director of the African Studies Program in the School of Advanced International Studies at Johns Hopkins University.