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Prospects for Trade between Nigeria and its Neighbours describes the still largely informal trade in the region, analysing constraints to its growth and some possible future developments.
Informal cross-border trade (ICBT) represents a prominent phenomenon in Africa. Several studies suggest that for certain products and countries, the value of informal trade may meet or even exceed the value of formal trade. This paper provides a review of existing efforts to measure informal trade. We list 18 initiatives aimed at measuring ICBT in Africa. The paper also summarizes discussions conducted with many stakeholders in Africa between December 2016 and May 2018 regarding the measurement, the determinants, and the implications of ICBT. The methodologies used to measure ICBT in Africa differ widely, but they do confirm that informal trade in Africa is both sizeable and volatile. Both evidence on the determinants of ICBT and discussions with stakeholders suggest that policies should aim to reduce the existing costs associated with formal trade and provide positive incentives for traders and producers to move into the formal economy in order to avoid the loss of economic potential stemming from informal trade.
The book presents a historical account of the colonial foundation of African economy and diplomacy. It reveals how the colonial companies and their agents penetrated different parts of Africa and entrenched Western colonialism and imperialism. Ironically, the arrival of these colonial companies became a driver of colonial labour migration as the educated and few privileged African people have to move towards the location of the colonial companies in order to eke-out improved standard of living. It presents the dynamics of import and export trade as promoted by the colonial companies. Consequently, the second part of the book raised the nature of relations amongst some independent African states. First, it reveals the deep-rooted challenge of poverty, migration problem, xenophobia in South Africa and resource conflicts within sovereign border areas of Nigeria and Cameroon as well as the Ethiopian dam crisis with Egypt, as some negative effects of colonialism on some African states. Secondly, it advocated for the advancement of African sports diplomacy, balancing of Chinese African trade diplomacy and improved labour migration within Africa as some paths to sustainable diplomacy in continent.
Economic conditions in sub-Saharan Africa have remained generally robust despite a sluggish global economy. The near-term outlook for the region remains broadly positive, and growth is projected at 51⁄4 percent a year in 2012-13. Most low-income countries are projected to continue to grow strongly, supported by domestic demand, including from investment. The outlook is less favorable for many of the middle-income countries, especially South Africa, that are more closely linked to European markets and thus experience a more noticeable drag from the external environment. The main risks to the outlook are an intensification of financial stresses in the euro zone and a sharp fiscal adjustment in the US--the so-called fiscal cliff.
Cameroon-Nigeria Relations: Trends and Perspectives, edited by Osita Agbu and C. Nna-Emeka Okereke, examines various aspects of Cameroon-Nigeria relations since the countries attained independence in 1960. The Cameroonian and Nigerian contributors contextualize core topical issues that have featured prominently in the course of bilateral relations between both countries, ranging from the theoretical underpinnings required to understand the dynamics of Cameroon-Nigeria relations to contending issues and areas of mutual interests driving diplomatic relations between them. This book reveals trends and dynamics while also accommodating divergent perspectives that demonstrate how theories can be applied to achieve real results. Of significant import is the prognosis that stimulates concerns for the future of Cameroon-Nigeria relations bearing in mind the strategic positions of both countries in West and Central Africa. Cameroon-Nigeria Relations is an indispensable resource for scholars, diplomats, and foreign policy actors that will enrich understanding and inform opinions on charting future courses for healthy bilateral relations between Cameroon and Nigeria.
The African Economic Outlook is an annual review of the recent economic situation and the likely short-term evolution of selected African countries. It is drawn from a country-by-country analysis based on a unique analytical design.
This edited volume explores Nigeria’s domestic and international politics and its implications for the country’s national development and international status. Coinciding with the twenty year anniversary of Nigeria’s return to democratic rule, this volume considers the state of democracy in Nigeria and examines its successes and challenges with a view towards offering possible solutions for the country’s future development. The first half of the volume addresses domestic politics, focusing on current issues such as the 2019 elections, Nigerian federalism, media, state-civil society relations, and Boko Haram terrorism. The second half looks at Nigeria’s relations with its African neighbors, discussing the relationships between Nigeria and South Africa, Egypt, Ghana, and Cameroon, among others. Engaging the full spectrum of the politics of a rising African power, this volume will be of interest to students and researchers of comparative politics, international relations, foreign policy, African studies, regional politics, peace, security, conflict, and development studies, as well as African policymakers.
This book covers critical issues in Nigeria’s external relations since 1960. As an independent nation, Nigeria has stood out as the most populous black country in the world and contributed immensely to the search for solutions to pressing international issues, notably in Africa affairs. Nigeria has also participated actively in global affairs and used the platform of international organisation to advance her national interests, cognisant also of its regional and global obligations and responsibilities. Contributors to this thought-provoking book make a strong case for Nigeria to press for a foreign policy that puts Nigerian people at the centre. One of the strong points also emanating from the contributors of this book is the imperative for Nigeria to address domestic challenges that continue to impinge on the country’s external image.
This edited collection seeks to address and analyse the ramifications of terrorism and terrorist activities at a world-level, with a specific focus on the economies and political systems in the Afro-Asian regions.