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Periodical article |
| Title: | Prospects for Small-Scale Industries Development under a Structural Adjustment Program: The Case of Nigeria |
| Author: | Obi, A.W. |
| Year: | 1991 |
| Periodical: | Africa Development: A Quarterly Journal of CODESRIA (ISSN 0850-3907) |
| Volume: | 16 |
| Issue: | 2 |
| Pages: | 33-56 |
| Language: | English |
| Geographic term: | Nigeria |
| Subjects: | small-scale industry economic policy industrial policy Development and Technology Economics and Trade |
| External link: | https://www.jstor.org/stable/43657842 |
| Abstract: | A description of the structure, growth and characteristics of small-scale industries in Nigeria, measures taken by the government for their promotion, and their role in coping with the problem of unemployment and the urban crisis, sets the context for an examination of Nigeria's 1986-1988 structural adjustment programme (SAP) both with a view to determining the extent to which the relevant industrial policies it embodies conform to what may be considered 'typical' World Bank/IMF adjustment programmes and in order to analyse the likely impact of these policies on Nigeria's small-scale industries. Nigeria's SAP appears to be completely in line with the usual IMF/World Bank policies aimed at evolving 'open, export-oriented economies able to attain higher rates of economic growth'. On balance, the new orientation seems to be to the advantage of small-scale industries. Special government assistance to reduce supply-side constraints, such as low technical, financial and general entrepreneurial skills, should, moreover, not be seen as incompatible with the new policy orientation. App., bibliogr., sum. in French. |