This book demonstrates that there is sufficient evidence on the Nigerian economy and society to inform many policy issues, and reveals the current problems and policy options that a democratic Nigeria will need to debate and resolve. It presents an agenda of reform as unfinished business

After a review of the macroeconomic disequilibrium in Chile before the reform initiative, the author interprets the adjustments covering two distinct periods: 1973-76, when policy was based on a closed-economy view, and 1977-82, when measures were increasingly guided by an open-economy model. It...