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Structural Re‐Adjustment in Nigeria: Diagnosis of a Severe Dutch Disease Syndrome

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  • Fidel Ezeala‐Harrison

Abstract

. Nigeria has adopted a program of structural adjustment economic reforms since 1986 in an effort to retrace steps toward economic stability. This Nigerian economic recovery effort based on structural adjustment is an attempt to cure a classic although extreme symptom of the “Dutch disease,” but despite this determined effort, success may be threatened by two fundamental economic errors that contributed to the problem in the first place.

Suggested Citation

  • Fidel Ezeala‐Harrison, 1993. "Structural Re‐Adjustment in Nigeria: Diagnosis of a Severe Dutch Disease Syndrome," American Journal of Economics and Sociology, Wiley Blackwell, vol. 52(2), pages 193-208, April.
  • Handle: RePEc:bla:ajecsc:v:52:y:1993:i:2:p:193-208
    DOI: 10.1111/j.1536-7150.1993.tb02533.x
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    References listed on IDEAS

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    1. Kharas, Homi J. & Levinsohn, Jim, 1988. "LDC savings rates and debt crises," World Development, Elsevier, vol. 16(7), pages 779-786, July.
    2. Hawkins, Jeffrey Jr., 1991. "Understanding the failure of IMF reform: The Zambian case," World Development, Elsevier, vol. 19(7), pages 839-849, July.
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