TY  - JOUR
T1  - Neoliberal Reform and Nigeria’s 
  Vulnerability to the Current Global Crisis
AU - Umezurike, Chuku 
JO  - The Social Sciences
VL  - 9
IS  - 4
SP  - 272
EP  - 283
PY  - 2014
DA  - 2001/08/19
SN  - 1818-5800
DO  - sscience.2014.272.283
UR  - https://makhillpublications.co/view-article.php?doi=sscience.2014.272.283
KW  - Neoliberal reforms
KW  -vulnerability
KW  - global crisis
KW  -democratizing
KW  -Nigeria
AB  - The need to interrogate Nigeria’s vulnerability to the current global 
  crisis is germane for 2 reasons. First is that even though, it has been argued 
  that the erstwhile global financial crisis lasted between 2007 and 2010, the 
  ripples of the crisis are still observable across the globe till date. Second 
  is that the global system has demonstrated a practice in which developing countries 
  adjust to the economic structures of the developed ones, thus suggesting that 
  another wave of structural adjustment may still be with the former, even though 
  the crisis may have been abated in the latter. In line with the above, this 
  study noted that the persistent pursuit of neoliberal reforms in Nigeria since, 
  1986 till date has significant implications for its vulnerability to the global 
  crisis. The prominent neoliberal reforms that have been presented here for demonstrating 
  this trend have included: Privatization and commercialization; trade and financial 
  liberalizations; reforms of public sector management also known as civil service 
  reforms; liberalization of the political party and electoral systems and finally 
  poverty alleviation programmes. The position of the study is that the incapacitation 
  of these neoliberal reforms for democratizing society and for solving Nigeria’s 
  continuous underdevelopment is at the core of the vulnerability of the country 
  to the global crisis.
ER  -