Oil-rich and dirt-poor : identifying business threats and opportunities in Nigeria / David C. Bauman.

Format:

Book

Author/Creator:

Bauman, David C., author.

Series:

SAGE knowledge. Cases.

SAGE Knowledge. Cases.

SAGE knowledge. Cases

Language:

English

Subjects (All):

Commerce.

Nigeria--Economic conditions--1960-.

Nigeria.

Economic conditions.

Nigeria--Commerce.

Physical Description:

1 online resource : illustrations (black and white, and colour).

Place of Publication:

[London] : SAGE, 2016.

System Details:

text file

Summary:

An economic mystery plagues several developing nations. The mystery is why some nations with significant mineral wealth such as oil, iron ore, gold, and diamonds also tend to have extremely high rates of poverty. A prime example of this paradox is Nigeria. It is one of the largest African economies with an estimated gross domestic product (GDP) of over US$500 billion, yet the poverty rate is estimated at 60% of the population. Some economists call this paradox the natural resource curse. By understanding the causes of the curse, investors and businesses can determine when and where to invest in these nations. In this case study, we analyze the political and economic factors that may cause the natural resource curse in Nigeria.

Notes:

No ILL or scholarly sharing allowed.

Description based on online resource; title from home page (viewed on May 4, 2016).

ISBN:

9781473954816

OCLC:

1017717552

Access Restriction:

Restricted for use by site license.