Oil Production and the Nigerian Economy - Esu, Godwin Essang
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From the middle 1980s, there has been a debate as to whether natural resource abundance is a blessing or a curse to the economy of nations endowed with same.Evidence seems to show that natural resource abundance do not really make for economic prosperity, though there has been scanty evidence for the reverse. In the case of crude oil abundance and production in Nigeria, this book throws up fascinating evidence, pointing to the fact that, while the both extremes of the resource curse hypothesis may hold in countries, the validity or otherwise depends on a number of factors... a unique departure from the status quo.…mehr

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Produktbeschreibung
From the middle 1980s, there has been a debate as to whether natural resource abundance is a blessing or a curse to the economy of nations endowed with same.Evidence seems to show that natural resource abundance do not really make for economic prosperity, though there has been scanty evidence for the reverse. In the case of crude oil abundance and production in Nigeria, this book throws up fascinating evidence, pointing to the fact that, while the both extremes of the resource curse hypothesis may hold in countries, the validity or otherwise depends on a number of factors... a unique departure from the status quo.
Autorenporträt
Godwin Essang Esu holds a B.Sc. and a M.Sc. degrees in Economics from the University of Uyo, South-South Nigeria.His research interest is on Microeconomics, Macroeconomics, natural resource and energy economics. He has taught economics in high schools, and university on part-time basis.