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Structural Adjustment Program and Agricultural Tradables

Name: Structural Adjustment Program and Agricultural Tradables
Brand: Peter Lang GmbH
SKU: 10028239
Price: 65.69 EUR
Availability: InStock
Author: Victor Alaofin
ISBN: 9783631350577

The Case of Cocoa Farming in Nigeria

Victor Alaofin

Lingua

Inglese

Libro In brossura

Codice Libristo: 10028239

Casa editrice Peter Lang GmbH, agosto 1999

The IMF/World bank Structural Adjustment Programmes (SAP) have been the subject of intense academic... Descrizione completa

Codice Libristo: 10028239

161 b

65.69 €

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The IMF/World bank Structural Adjustment Programmes (SAP) have been the subject of intense academic debate since their wide adoption, particularly in Sub-Saharan African countries. The present study analyses the effects of the SAP on tradable agriculture in Nigeria using the example of cocoa farming. Based on the dependent economy framework, the study examines how far economic prerequisites required for the successful structural transformations were met in the Nigerian case. Questions relating to the magnitude and length of real devaluation were empirically investigated. Furthermore, the quantum of changes in relative incentives between agricultural tradables and non tradables were analysed using the policy analysis matrix. The study also examined the factors that constrain the achievement of intended policy objectives. These include among others, dualistic institutional regulations and the effects of multiple exchange rates. Based on the findings, policy reforms were then suggested.