The Impact of Economic Policy Reforms on Labour and the Nigerian Civil Society: A Stakeholders’ Dialectics
Author(s) -
Sola Fajana
Publication year - 2019
Publication title -
archives of business research
Language(s) - English
Resource type - Journals
ISSN - 2054-7404
DOI - 10.14738/abr.79.7038
Subject(s) - dialectic , poverty , civil society , outcome (game theory) , economic growth , economics , political science , business , economic policy , development economics , law , philosophy , mathematical economics , epistemology , politics
The objective of this paper is to examine the impact of current reforms on labour and the civil society in Nigeria. The targeted outcome of the reforms essentially is to reduce poverty and generally improve the lot of the people. It is therefore significant to examine the extent to which the reforms are affecting, positively or negatively, the Nigerian people. This paper therefore provides an overview of the extent to which stakeholders in the Nigerian project are variously affected by current economic reforms, their reactions and the ways in which future policy reforms should be approached. The paper relies on reviews of archival materials and focal interviews of relevant groups to provide insightful information. It was found that reactions have been largely impulsive, lacking coherent future follow-through actions to consolidate initial gains. It is now learnt from lessons of experience that reforms must be appropriate, timely but not impulsive, and well-articulated to achieve the targeted results. It is recommended that policy reforms should be jointly initiated, considered and driven by all constituents to the Nigerian project, to achieve a sense of ownership and high volume commitment.
Accelerating Research
Robert Robinson Avenue,
Oxford Science Park, Oxford
OX4 4GP, United Kingdom
Address
John Eccles HouseRobert Robinson Avenue,
Oxford Science Park, Oxford
OX4 4GP, United Kingdom