Previous page | New search |
The free AfricaBib App for Android is available here
Periodical article | Leiden University catalogue | WorldCat |
Title: | The consequences of Nigeria's debt burden on a New International Economic Order |
Author: | Lalude, Goke |
Year: | 2000 |
Periodical: | The Nigerian Journal of Economic History |
Issue: | 3 |
Pages: | 74-83 |
Language: | English |
Geographic term: | Nigeria |
Subjects: | external debt debt relief petroleum |
Abstract: | Had Nigeria adequately followed up the discovery of oil with a further maximization of its natural resources in competitive value, it would more likely than not have been a creditable factor in advancing a New International Economic Order. As it is, Nigeria's enviable position in the international economic system in the early 1970s gradually but consistently became neutralized by the debt burden. The Nigerian State's monocultural economic system turned the oil boom into a period of doom and rendered insignificant whatever influence the nation could have had in the international economic system. Ref. [ASC Leiden abstract] |