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Essay / Research Paper Abstract
An 11 page paper that begins by reporting the current government does not really have an economic policy. The essay then reports the history, demographics and type of government, economic history from slavery forward, and a discussion of oil and its effects on politics, the economy and the people. The essay ends with a brief analysis using Porter's competitive advantage for nations model. Bibliography lists 9 sources.
Page Count:
11 pages (~225 words per page)
File: MM12_PGngeri.RTF
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Unformatted sample text from the term paper:
accomplish some positive things for the country, the past president did have an economic policy (Editor 2008). The author commented that "most African countries have virtually jettisoned planning in favour
[sic] of Poverty Reduction Strategy Papers (PRSPs)" (Editor 2008). The money saved from reducing the debt is supposed to be dedicated to social programs but that just does not seem
to be happening (Editor 2008). There is no lack of plans that have been written. For instance, there is the Vision 20/2020 plan that states Nigeria will become one of
the twenty most developed countries in that time span (Editor 2008). There is also the Financial Sector Strategy for 2020 devised by Nigerias Central Bank to become the financial hub
in Africa and t hen there is the Millennium Development Goals international plan through which poverty is supposed to be reduced by 50 percent by 2015 (Editor 2008). On top
of those, there is the National Poverty Eradication Programme and the State Empowerment and Economic Development Strategies, among others (Editor 2008). But, at this time, there are no economic policies,
no philosophy and no framework to realize the goals in any of these plans (Editor 2008). History and Demographics The history of Nigeria dates back to at least 2000
B.C. when it was a sparsely population area (Pearson Education 2008). The Nok culture is known to have resided there between 800 B.C. and 200 A.D. (Pearson Education 2008). In
the 8th century A.D., Kanem-Bornu was founded north of Lake Chad (Pearson Education 2008; State Department 2008). By around the 11th century, seven city-states had been founded in the northern
area of Nigeria (Pearson Education 2008). Skipping ahead several centuries to the 15th century, Portuguese explorers were the first Europeans to visit Nigeria and it was these people who began
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