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Reforming the Unreformable: Lessons from Nigeria
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A report on development economics in action, by a crucial player in Nigeria's recent reforms.Corrupt, mismanaged, and seemingly hopeless: that's how the international community viewed Nigeria in the early 2000s. Then Nigeria implemented a sweeping set of economic and political changes and began to reform the unreformable. This book tells the story of how a dedicated and po
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Paperback, 198 pages
Published
August 29th 2014
by MIT Press
(first published January 1st 2012)
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I will assigning this book in my class on Public Choice economics. It does a very good job illustrating the vested interests that prevent public sector reform, while showing that progress can be made even in Nigeria. There is a useful set of lessons learned, the best of which boil down to that they should have taken the politics and political economy seriously.
A fascinating inside account by Nigeria's former finance minister of the difficulties of improving governance and fighting corruption during her first term in office.
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Thought provoking memoir of the Nigerian state and its condition. Okonjo Iwela is one of soundest gifts we have in present-day Nigeria.
Okonjo-Iweala reflects on issues of development, reforms and economic rejuvenations in Nigeria during her years as the Finance Minister, where she faced stopping-blocks at bringing her experience and expertise, accrued over years from the World Bank as an economist, to fix a broken and rotten system. Her views on the status and progress reports are undoubtedly winning as the sub-sahara countrty has been in a ditch of social and economic retrogression. I found this book not only reflecting on the
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Could not recommend highly enough- a much 'lighter' economics reading than expected.
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This book was such a disappointment, and the title is very misleading. It lacks thorough analysis of the actual economic policies that Nigeria implemented under Iweala. It says absolutely nothing of the way in which Nigeria got rid of its debts at the turn of the 21st century. I was really looking forward to learning about the negotiation process that Iweala led with The Paris Club. It was just a disappointment all round. Definitely do not recommend.
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Ngozi Okonjo-Iweala was Nigeria's Minister of Finance from 2003 to 2006 and from 2011 to 2015, and Foreign Minister in 2006. She was Managing Director of the World Bank from 2007 to 2011, overseeing South Asia, Europe, Central Asia, and Africa, and is currently Senior Adviser at Lazard and Board Chair of Gavi, the Vaccine Alliance. She is the author of Reforming the Unreformable: Lessons from Nige
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“There was a need to build trust, team spirit, and a sense of shared purpose.”
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“price intelligence linked to public procurement reform.”
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