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Q: What type of economy is emerging in Nigeria under the reforms of the NEEDS program?
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What are the problems of economic system of Nigeria?

Oil-rich Nigeria, long hobbled by political instability, corruption, inadequate infrastructure, and poor macroeconomic management, is undertaking some reforms under a new reforms-minded administration.


how did the spaniards change the economy of the Philippines?

Brought reforms, lots of trading, Manila big trading hub, nice economy.


What are some fiscal problems of the Nigerian economy?

Nigeria has unclean drinking water and desertification, the desertification is becasue the livestock eats the grass and the sand from the Sahara blow over so the grass can't grow anymoreThere are several economic issues facing Nigeria today. Their economy in general is not stable because of the planning from the government. One issue is the fact that the revenue resulting from the capital-intensive oil sector, is not put to good use to help the economy, which would explain the poor conditions Nigeria faces. Another economic issue is the loss of arable land. Arable land is land that can be used to grow crops. The plowing of arable land and production of crops contributes greatly to Nigeria's exports. The loss of this land in return affects greatly the GDP and revenue from exports that Nigeria recieves.Insufficient government revenue is invested in infrastructural development, the road system is extremely poor in some areas (prohibiting growth and expansion), while constant electrical supply is a continual problem.Oil-rich Nigeria, long hobbled by political instability, corruption, inadequate infrastructure, and poor macroeconomic management, is undertaking some reforms under a new reforms-minded administration.


What was one of the economic reforms launched by Bashar assad after his father's death in 2000?

moving syria toward a freemarkt economy


China has experienced rapid economic growth since the late 1970s as a result of?

Shifting from a command economy to a mixed economy.

Related questions

What type of econemy is emerging niegra under the reforms of the of the needs program?

hat type of economy is emerging in Nigeria under the reforms of the NEEDS program?


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What are the problems of economic system of Nigeria?

Oil-rich Nigeria, long hobbled by political instability, corruption, inadequate infrastructure, and poor macroeconomic management, is undertaking some reforms under a new reforms-minded administration.


What was the Ben Bella Program?

The Ben Bella Program was a development plan initiated by the government of Algeria in the early 1960s under President Ahmed Ben Bella. It aimed to bring about economic and social reforms, including nationalizing industries, implementing land reforms, and promoting education and healthcare for all citizens. It was part of the broader effort to establish a socialist economy in Algeria.


how did the spaniards change the economy of the Philippines?

Brought reforms, lots of trading, Manila big trading hub, nice economy.


What are some fiscal problems of the Nigerian economy?

Nigeria has unclean drinking water and desertification, the desertification is becasue the livestock eats the grass and the sand from the Sahara blow over so the grass can't grow anymoreThere are several economic issues facing Nigeria today. Their economy in general is not stable because of the planning from the government. One issue is the fact that the revenue resulting from the capital-intensive oil sector, is not put to good use to help the economy, which would explain the poor conditions Nigeria faces. Another economic issue is the loss of arable land. Arable land is land that can be used to grow crops. The plowing of arable land and production of crops contributes greatly to Nigeria's exports. The loss of this land in return affects greatly the GDP and revenue from exports that Nigeria recieves.Insufficient government revenue is invested in infrastructural development, the road system is extremely poor in some areas (prohibiting growth and expansion), while constant electrical supply is a continual problem.Oil-rich Nigeria, long hobbled by political instability, corruption, inadequate infrastructure, and poor macroeconomic management, is undertaking some reforms under a new reforms-minded administration.


What did deng xiaoping do to China's economy?

he did many reforms now go somewhere else Divine Will


How did Spain benefit from joining the EU?

Spain benefited from joining the EU by obtaining a better economy. The euro and the economic reforms that came with joining did a lot for their economy.


What are the challenges and opportunites of electoral reforms in nigeria?

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What are the differences between glasnost and perestroika?

They were both created by Mikhail Gorbachev. Glasnost was democratic reforms, meaning more freedom and having elections. Perestroika was to restructure the economy, having market reforms.


What do you mean by doi moi?

Doi moi is a term that translates to "renovation" or "renewal" in Vietnamese. It refers to a series of economic reforms initiated in the late 1980s in Vietnam, with the aim of transitioning from a centrally planned economy to a market-oriented economy. These reforms opened up the country to foreign investment, encouraged private enterprise, and led to significant economic growth and development in Vietnam.


Which of these Fair Deal reforms did not happen?

a national health insurance program