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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Cross-National Economic Development in Indonesia and Nigeria
Author:Dibie, RobertISNI
Year:1998
Periodical:Scandinavian Journal of Development Alternatives and Area Studies
Volume:17
Issue:1
Period:March
Pages:65-85
Language:English
Geographic terms:Nigeria
Indonesia
Subjects:economic development
Development and Technology
Economics and Trade
Abstract:This article examines economic development in Indonesia and Nigeria in the 1970s and 1980s from a cross-national perspective. Both countries have a bureaucratic-authoritarian regime and large petroleum deposits. While Indonesia has enacted sound economic and agricultural policies, Nigeria has been faced with a poor market-based system of foreign exchange allocation, coup and countercoup, maladministration and poor financial flow to the private sector. The author demonstrates that dynamic economic development and growth can be achieved with pragmatic government policies, political stability and a disciplined, hardworking population that responds to the right incentives. Bibliogr., sum.