East Asian economies succeeded not because they embraced the whole doctrine of free market. They succeeded because they avoided ideology and embraced pragmatism.
If Nigeria is to succeed in home-grown economic policymaking it must wisely manage economic ideologies. China and the successful Asians took note of ideology and avoided the pitfalls. Latin American and African countries closed their eyes to ideology and drowned in the pool of ideological waters.
First, the success of China and the rest is not about geographic determinism. Some scholars have pointed out that Africa’s parlous economic story is because it is a malaria infested tropic. Of course, a lot can be said about the impact of the environment in economic development.
We Must Do Everything Together: Of all the factors I have listed the most important determinant of success of reform is leadership….
The Fundamentals of Positive and Effective Reform What is positive and good reform? A good reform is one that leads to entrenchment…
Text of a Lecture Delivered by Dr. Sam Amadi at the 2010 Annual Distinguished Lecture of the Center for Public Affairs Research…
