- International Monetary Fund
- Published Date:
- April 1997
© 1997 International Monetary Fund
Library of Congress Cataloging-in-Publication Data
Moser, Gary G. (Gary Gene), 1958-
Nigeria: experience with structural adjustment / Gary Moser, Scott Rogers, and Reinold van Til with Robin Kibuka and Inutu Lukonga.
p. cm. — (Occasional paper, ISSN 0251-6365; no. 148)
Includes bibliographical references (p.)
1. Structural adjustment (Economic policy)—Nigeria. 2. Finance Public—Nigeria. 3. Nigeria—Economic conditions—1970 – I. Rogers, Scott, 1955-. II. Til, Reinold H. van. III. Title. IV. Series: Occasional paper (International Monetary Fund); no. 148.
338.9669—dc21 97-1966 CIP
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The following symbols have been used throughout this paper:
… to indicate that data are not available;
— to indicate that the figure is zero or less than half the final digit shown, or that the item does not exist;
– between years or months (e.g., 1991–92 or January-June) to indicate the years or months covered, including the beginning and ending years or months;
/ between years (e.g., 1991/92) to indicate a crop or fiscal (financial) year.
“Billion” means a thousand million.
Minor discrepancies between constituent figures and totals are due to rounding.
The term “country,” as used in this paper, does not in all cases refer to a territorial entity that is a state as understood by international law and practice; the term also covers some territorial entities that are not states, but for which statistical data are maintained and provided internationally on a separate and independent basis.
This paper originated as part of the country work on Nigeria during the 1993–95 period. Some of the material was prepared as background for the 1994 Article IV consultation. The authors would like to thank Jean Claude Nachega for research assistance, Janet Bungay for editorial assistance, and Vera Da Luz for secretarial assistance. The authors are also grateful to David Driscoll of the External Relations Department, who edited the paper for publication and coordinated production. The views expressed here are the sole responsibility of the authors, and do not necessarily reflect the opinions of the Government of Nigeria or the Executive Directors of the IMF. The study was completed in May 1996.
Source: World Bank.