Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/205031 
Year of Publication: 
2019
Series/Report no.: 
AGDI Working Paper No. WP/19/061
Publisher: 
African Governance and Development Institute (AGDI), Yaoundé
Abstract: 
The Nigerian economy has been structurally defective with average GDP growth rate of 2.0% trailing population growth rate at approximately 3%. A country where budgetary preparation is based on exogenous oil price for revenue and running on a rising debt profile with little or no infrastructure to show. Consequently, this study unravels the domestic and foreign risks to growth fragility in Nigeria using descriptive analysis and inference from theoretical perspectives. We then conclude by proposing that government makes rigorous efforts to reposition the economy if the current state of fragile growth, high unemployment and declining social welfare conditions are to be changed.
Subjects: 
Growth Fragility
Domestic Risk Factors
Widening Fiscal Deficit
Descriptive Analysis
JEL: 
O4
O11
Document Type: 
Working Paper

Files in This Item:
File
Size
676.09 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.