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Growing Apart

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Growing Apart Synopsis

Indonesian and Nigerian politics paralleled each other to a remarkable degree before diverging suddenly when oil money came into play. Both were populous, ethnically diverse countries with abundant natural resources and histories of political turbulence and authoritarian rule. But despite these likenesses, the two countries have seen dramatic differences in economic performance over recent decades: Indonesia grew rapidly and was able to improve national standards of living, while Nigeria stagnated and experienced deepening poverty. Author Peter Lewis suggests that the explanation for this divergence is found in each country's way of confronting policy reform and developing institutions for economic growth. Based on the author's detailed study of forty years of economic change, ""Growing Apart"" offers conclusions about the policy decisions, governmental institutions, and political foundations needed for long-term economic growth.

About This Edition

ISBN: 9780472099801
Publication date: 17th April 2007
Author: Peter Lewis
Publisher: The University of Michigan Press an imprint of University of Michigan Press
Format: Hardback
Pagination: 345 pages
Series: Interests, Identities, and Institutions in Comparative Politics
Genres: Petroleum, oil and gas industries
Development economics and emerging economies
Politics and government