Following the sharp rise in oil prices in late 1973 and early 1974, most oil exporting countries adopted highly expansionary fiscal and monetary policies aimed at rapid development of their economies. In Nigeria the role of the public sector since then has been significantly increased as most of the oil revenue accrues directly to the Federal government rather than to individuals. Given the host of economic problems faced by the country in the 1970s the debate over the role of the public sector in a mixed capitalist economy in the process of economic growth gains more relevance. / The essence of this study is to analyze the consequence of alternative patterns of government policy on economic growth in Nigeria. The study provides a general framework that is useful in studying the effects of alternative government policies on the domestic economy and also in analyzing alternative patterns of allocating the sudden increase in domestic resources. Using policy simulation experiments, an alternative policy package is suggested and the relative effectiveness of various policy instruments used by the government are examined.
| Identifer | oai:union.ndltd.org:LACETR/oai:collectionscanada.gc.ca:QMM.77072 |
| Date | January 1981 |
| Creators | Kwanashie, Michael. |
| Publisher | McGill University |
| Source Sets | Library and Archives Canada ETDs Repository / Centre d'archives des thèses électroniques de Bibliothèque et Archives Canada |
| Language | English |
| Detected Language | English |
| Type | Electronic Thesis or Dissertation |
| Format | application/pdf |
| Coverage | Doctor of Philosophy (Department of Economics) |
| Rights | All items in eScholarship@McGill are protected by copyright with all rights reserved unless otherwise indicated. |
| Relation | alephsysno: 000113097, proquestno: AAINK52002, Theses scanned by UMI/ProQuest. |
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