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Nigeria's trade policies on rice and pharmaceuticals highlight the country's over-reliance on import substitution

Karkare, Poorva and Odijie, Michael (2022) Nigeria's trade policies on rice and pharmaceuticals highlight the country's over-reliance on import substitution. Africa at LSE (12 Oct 2022). Blog Entry.

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Abstract

Successive Nigerian governments have shown a strong drive to diversify the economy through specific sector policies, particularly import substitution. This has usually been triggered by foreign exchange crises. Poorva Karkare and Michael Odijie argue that Nigeria must move away from a one-size-fits-all protectionist trade policy, also known as backward integration, to increase technical capacity and ramp up the production of goods and services.

Item Type: Online resource (Blog Entry)
Additional Information: © 2022 The Authors
Divisions: LSE
Subjects: H Social Sciences > HN Social history and conditions. Social problems. Social reform
H Social Sciences > HF Commerce
Date Deposited: 14 Dec 2022 15:21
Last Modified: 15 Sep 2023 11:37
URI: http://eprints.lse.ac.uk/id/eprint/117614

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