Hidden Bibliographic Details
Other authors / contributors: | El-Said, Moataz, author, (IMF staff)
Saito, Mika, 1967- author, (IMF staff)
Ibrahim, Marwa. author, (IMF staff)
Corrales, Sebastian, author, (IMF staff)
Holland, Allison, author, (IMF staff)
Tamene, Miriam, author, (IMF staff)
Tapsoba, Sampawende J.-A. (Sampawende Jules-Armand), author, (IMF staff)
Swiston, A. (Andrew James), author, (IMF staff)
International Monetary Fund. publisher.
International Monetary Fund. African Department. sponsoring body.
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ISBN: | 1475550553 9781475550559 9781475550559
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ISSN: | 1934-7685
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Notes: | "April 2016." "March 17, 2016; approved by African Department; prepared by Moataz El Said, Mika Saito, Marwa Ibrahim, and Sebastian Corrales (all AFR), Allison Holland and Miriam Tamene (MCM), Sampawende Jules Tapsoba (FAD), and Andrew Swiston (SPR) with administrative assistance from Naa-Kwaakai Quartey."--P. 2 of pdf. Includes bibliographical references. Description based on online resource; title from pdf title page (IMF website, viewed May 12, 2016).
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Summary: | This paper discusses a few selected issues of the Nigerian economy-options and strategies for a fiscal rule for oil wealth management, enhancing the effectiveness of monetary policy, and recent developments and prospects of capital flow. Despite its diversified economy, Nigeria's fiscal policy is heavily dependent on the oil sector. This paper explores options for a formalized rule-based approach to setting a 'depoliticized' budget oil price. Two boom-and-bust episodes since early 2000 have highlighted the challenges in the current monetary policy framework. Nigeria has also been characterized by sizable capital outflows, which have diminished recently.
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Other form: | Print Version: Nigeria : Selected Issues. Washington, D.C. : International Monetary Fund, 2016. 9781475550559
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Standard no.: | 10.5089/9781475550559.002
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