Mémoires

The politics of Nigeria's external debt crisis

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Auteurs-es

EGBUNINE, Anthony Ukagha
stagiaire
##doi.readerDisplayName## https://doi.org/10.57054/codesria.pub.842

Mots-clés :

External debt politics indebtedness, debt management debt servicing, Nigeria

Synopsis

This study 1s en the pQlitics of Nigeria's External Debt Crisis.• Despite the efforts of government to manage it, Nigeria•s external debt crisis ersists and intensifies. The cat1ses 0f the we>rsening externill de'bt. crisis, are related to the collaboration f the Nigerian dcminamt class with the creditors te maximize their expleitatiom sf the Nigerian w0rking peoples.
As a result ef th,i. s collilbœratien the debt milnagement · strategies iid4i>pted are but mere palliaïf ves whicb inrnically, serve the interest of t.hè crecii tœrs and n0t surpristt)11gly w0rsen the crises. The interests of the werking peoples are hardly put int0 seriGus considerati@n in the chsice 0f :debt man«gement strategies. The positien aèœpted by the contending social f©rces on strategies f0r managing tme matien•s external debt are designed te ensure that their respective interests are pr@tecteà. The
heat and pressure generated by the deminated classas i' result ®f the gr@win9°èebt burden have ferced the government t• ad0pt am. persistently ask f® /d 6t fergiveness. rhis gees t© underscc,re the fact ittilit altheugh the balance ef ferces weighed and faveur @f the/1èred'i t0r/governmemt,

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Références

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  4. p. 1.
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  9. sangura Op. Cit P. 99
  10. claude Ake, "The state in centemperary Africa".
  11. In claude Ake (ed), Pelitical Ecenem} ef Nigeria (Lages: Lengman Greup Limited, 1985 P. 9.
  12. Ibidi PP• 18 - 19
  13. Ibi€1P• 18
  14. Mustapha T. "Implicatiens •f trade liberalizatien en
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  17. eria Ecen6m1c 11
  18. Pr
  19. esidenti.l Budget speech, 1991
  20. Obadan, M.I. ttThe theery and practice •f the
  21. secend Tier Fereign EKchange Market in Nigeria: Nine menths after", In Ph111ps, A, and Ndekwe E
  22. (ed)
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  24. The case ef N ger a Ibaèab: MISER, 1 8
  25. Oyejide T. A., A Seyede, M.O. Kayede, Nigeria and the IMF (IBadan: Heinemann E ucatienel Beeks,
  26. Ltœ, 1985) p. 17
  27. Nati•n•l Cencerd, Au ust 26, 1987 p. 1
  28. Natienal Cencerd, September 24, 1987 p. 3
  29. Daily Times Newspaper, August 17, 1987. p 18
  30. Natienal Cenc•r Newspaper August 26, 1987 P• 1
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  32. Business Times Nevember 12 1988 P• 4
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  34. Oyejide T.A. S•y•de A, M.o. Kayeœe, Ni eria an the IMF (Ibadan: Heinemann Educati•nal B••ks tif
  35. i98S)
  36. Ysuf Bangura, tt Crisis and Adjustment the experience·
  37. •f Nigerian werkers" in Baàe Omimede (ed)
  38. The IMF, The Werld Bank and The African Oept, The Ec•n•mic Impact (Lendon: 2ed b••ks Ltè, 1989)
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  41. · re Gunder Fr.nk, Crisis: In the third werld
  42. An New Y•rk: Helnnes and Meier publishes, 1981) PP• 246 4!"247

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Mémoire complete

##catalog.published##

juillet 6, 2023

Langue

Anglais

Séries

Mémoires
© CODESRIA Books Publication System 2023

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APA Ukagha, E. A. (2023). The politics of Nigeria's external debt crisis. CODESRIA. https://doi.org/10.57054/codesria.pub.842

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Chicago Ukagha, EGBUNINE, Anthony. The politics of Nigeria's external debt crisis. Dakar: CODESRIA, 2023. https://doi.org/10.57054/codesria.pub.842.

MLA Ukagha, EGBUNINE, Anthony. The politics of Nigeria's external debt crisis. CODESRIA, 2023. https://doi.org/10.57054/codesria.pub.842.

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