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“Why Nations Fail†to Develop

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  • Victor E. Dike

Abstract

This article focuses on the forces that prevent nations from developing politically, socially, and economically or why some of them have failed to achieve their purpose. It draws profusely from two inspiring books: Why Nations Fail and Leading From the Emerging Future to explore as to whether or not the political leaders of Nigeria can learn any lesson from the seminal work. The books concentrate on practical approaches that empower political leaders to shift their mind-sets to enable them to transform their extant extractive political and economic institutions that hinder national development. Unlike previous studies on leadership and development in Nigeria, which have observed that the system has been rendered unproductive by poor leadership, this article argues that the problem with Nigeria is that the political leaders have failed to shift their engrained mind-sets from “ego-system awareness to eco-system reality†to enable them to build and maintain effective institutions and infrastructure that drive the economy and develop the nations. It also argues that discussion about the leaders’ mind-set and national development deserves a different approach to transform the nation’s ossified institutions into innovative and creative ones. This will encourage the leaders to collectively shift their mental models to design and implement growth policies that will fit into the 21st-century economy and empower them to lead from the emerging future.

Suggested Citation

  • Victor E. Dike, 2015. "“Why Nations Fail†to Develop," SAGE Open, , vol. 5(4), pages 21582440156, October.
  • Handle: RePEc:sae:sagope:v:5:y:2015:i:4:p:2158244015611714
    DOI: 10.1177/2158244015611714
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    References listed on IDEAS

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    1. Lewis, William W., 2004. "The Power of Productivity," University of Chicago Press Economics Books, University of Chicago Press, number 9780226476766.
    2. Karla Hoff, 2003. "Paths of Institutional Development: A View from Economic History," The World Bank Research Observer, World Bank, vol. 18(2), pages 205-226.
    3. Jos� Antonio Ocampo & Juliana Vallejo, 2012. "Economic Growth, Equity and Human Development in Latin America," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 13(1), pages 107-133, February.
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    Cited by:

    1. Princewilliams Odera Oguejiofor & Onwuasoigwe, Chioma Alice, 2024. "Hordes of Struggling African Youths will Continue to Migrate En Masse to Developed Countries: The Political Economy of “Japa†from Nigeria to the United Kingdom (2015-2023)," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(4), pages 144-156, April.

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