answersLogoWhite

0

What else can I help you with?

Continue Learning about Economics

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


What do you understand by economic reforms in India?

Economic reforms in India refer to a series of policy changes initiated in the early 1990s aimed at liberalizing the economy and promoting growth. These reforms included deregulation, reducing import tariffs, privatizing state-owned enterprises, and encouraging foreign investment. The primary objective was to transition from a closed, centrally planned economy to a more market-oriented system, enhancing efficiency and competitiveness. Overall, these reforms have significantly transformed India's economic landscape, contributing to sustained growth and increased global integration.

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?


What are the main features of 1976 local government reforms in Nigeria?

An Bord Pleanala


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


Who founded the austerity program to the Philippines?

The austerity program in the Philippines was implemented by the government in response to the economic crisis of the mid-1980s. It was led by then President Corazon Aquino under the guidance of the International Monetary Fund and World Bank to stabilize the economy by reducing government spending and implementing structural reforms.


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?

i was given an assignment , I'm not current i was given an assignment , I'm not current i was given an assignment , I'm not current


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.


Which of these Fair Deal reforms did not happen?

a national health insurance program