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The effect of structural adjustment on the Nigerian agricultural export sector

โœ Scribed by David Colman; Aja Okorie


Publisher
John Wiley and Sons
Year
1998
Tongue
English
Weight
169 KB
Volume
10
Category
Article
ISSN
0954-1748

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โœฆ Synopsis


The paper investigates the eects of the trade and foreign exchange management policies of the structural adjustment programme (SAP) on the Nigerian agricultural export sector. Protection rates and the incidence parameter are used to evaluate the policy outcomes over the 1970ยฑ92 period. Our analysis indicates that the protection of import-competing sectors has not been eliminated and that it results in the taxation of all exportables, with the largest proportion of such taxes borne by agricultural exportables. The inability of the SAP policy instruments to achieve their objectives was partly because of failure to maintain consistent policies and partly due to a weak approach to implementation of some policies.


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