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Growing Apart

Growing Apart

Oil, Politics, and Economic Change in Indonesia and Nigeria

by Peter Lewis
Paperback
Publication Date: 17/04/2007

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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.
ISBN:
9780472069804
9780472069804
Category:
Development economics & emerging economies
Format:
Paperback
Publication Date:
17-04-2007
Language:
English
Publisher:
The University of Michigan Press
Country of origin:
United States
Pages:
360
Dimensions (mm):
229x152x21mm
Weight:
0.49kg

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