- Autor
- Umoru David (Edo University, Nigeria), Onimawo Janet Achikare (Ambrose Alli University, Nigeria)
- Tytuł
- National Policy and Big-Push Theory of Development in Nigeria: Moving Away from Low-Level Economic Equilibrium
- Źródło
- Zeszyty Naukowe. Organizacja i Zarządzanie / Politechnika Śląska, 2018, z. 116, s. 177-187, wykr., bibliogr. 12 poz.
- Słowa kluczowe
- Polityka, Równowaga gospodarcza, Rozwój gospodarczy, Pomoc zagraniczna, Ubóstwo
Politics, Economic equilibrium, Economic development, Foreign aid, Poverty - Uwagi
- summ., streszcz.
- Kraj/Region
- Nigeria
Nigeria - Abstrakt
- The paper analyzes the policy implications of the big-push model for development in Nigeria. The highlights of the analysis include existence of three inter-related perceptions namely, poverty trap, big push (BP) and takeoff. The basic idea is that poor countries are in poverty, hence needs BP linking amplified investment, leading to takeoff in national income and development. This indeed rationalizes necessity for overseas aid. In effect, minimum infrastructure and educational resources be apportioned to development programme to achieve success. However, nations that have implemented coordinated investment programs can achieve industrialization of each sector and thus be able push forward sequence of development.(original abstract)
- Pełny tekst
- Pokaż
- Bibliografia
-
- Azariadis, Costas, Stachurski J.: Poverty traps. Handbook of economic growth. Aghion P., Durlauf S. (eds.). North Holland, 2005.
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- Guillaumont P., Jeanneney S.G.: Big Push versus Absorptive Capacity: How to Reconcile the Two Approaches. United Nations University, World Institute for Development Economics Research Discussion Paper, No. 5, 2007.
- Misra S.K., Puri V.K.: Economics of development and planning: Theory And Practice. Himalaya Publishing House, 2010, p. 217-222.
- Nelson R.: A Theory of the Low-Level Equilibrium Trap in Underdeveloped Economies. "The American Economic Review", 2012, retrieved 18 May.
- Nurkse R.: Problems of capital formation in underdeveloped countries. Oxford University Press, Oxford 1953.
- Rosenstein-Rodan P.: The problem of industrialization of eastern and south-eastern Europe. "Economic Journal", Vol. 53, 1943, p. 202-211.
- Sachs J.D.: The end of poverty: economic possibilities for our time. The Penguin Press, New York 2005.
- UN Millennium Project Repot, Report of the UN millennium project investing in development, 2005.
- Cytowane przez
- ISSN
- 1641-3466
- Język
- eng
- URI / DOI
- http://dx.doi.org/10.29119/1641-3466.2018.116.13
