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Papers by Afeikhena Jerome
Prism: A Journal of the Center for Complex Operations, 2015
Nigeria is a highly complex and ethnically diverse country, with over 400 ethnic groups. This div... more Nigeria is a highly complex and ethnically diverse country, with over 400 ethnic groups. This diversity is played out in the way the country is bifurcated along the lines of religion, language, culture, ethnicity and regional identity. The population of about 178.5 million people in 2014 is made up of Christians and Muslims in equal measures of about 50 percent each, but including many who embrace traditional religions as well.The country has continued to experience serious and violent ethno-communal conflicts since independence in 1960, including the bloody and deadly thirty month fratricidal Civil War (also known as the Nigerian-Biafran war, 1967-70) when the eastern region of Biafra declared its secession and which claimed more than one million lives. The most prominent of these conflicts recently pitch Muslims against Christians in a dangerous convergence of religion, ethnicity and politics. The first and most dramatic eruption in a series of recent religious disturbances was th...
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Research Papers, 2008
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African Development Perspectives Yearbook, 2004
... It is intensely political since most transactions produce winners as well as losers and the .... more ... It is intensely political since most transactions produce winners as well as losers and the ... It has a board of twelve directors, nine of whom are from the private sector ... 1980s, when successive military regimes, buoyed by economic nationalism and massive oil windfalls, developed a ...
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African Journal of Economic Policy, 2006
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The authors assess the effect of privatization on performance in a panel of Nigerian banks for th... more The authors assess the effect of privatization on performance in a panel of Nigerian banks for the period 1990-2001. They find evidence of performance improvement in nine banks that were privatized, which is remarkable given the inhospitable environment for true financial intermediation. Their results also suggest negativeeffects of the continuing minority government ownership on the performance of many Nigerian banks. The authors'results complement aggregate indications of decreasing financial intermediation over the 1990s. Banks that focused on investment in government bonds and non-lending activities enjoyed a relatively higher performance.
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The various subjects of this Festschrift reflect Karl Wohlmuth's diverse interests in economi... more The various subjects of this Festschrift reflect Karl Wohlmuth's diverse interests in economics: System theory, development theory, labour market theory, Transformation and Innovation theories - to mention only a few of the areas which Karl Wohlmuth has addressed from a world economist's perspective.
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Oxford Handbooks Online, 2014
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Ideas, Experience, and Prospects, 2014
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The Environmentalist, 2006
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Journal of Banking & Finance, 2005
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Construction Management and Economics, 1999
... (1995), authors have not seen quantitative approaches that can be used to analyse ®nancing an... more ... (1995), authors have not seen quantitative approaches that can be used to analyse ®nancing and conduct risk analysis of a BOT project. ... Implicit in this formulation is that a BOT project will be transferred to the utility at the end of the franchise period at no or a nominal cost. ...
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In volume XV of the African Development Perspectives Yearbook, the Research Group on African Deve... more In volume XV of the African Development Perspectives Yearbook, the Research Group on African Development Perspectives investigates the impact of the GFC on economic reform processes in Africa. The analysis is structured in such a way so as to reflect the opportunities and dangers of policy reversals in the face of the GFC. The impact of the crisis on different types and forms of governance in the region is considered. The first question is therefore which macro-economic policy instruments have to be applied in ...
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... Senyo Adjibolosoo Fermanian School of Business Point Loma Nazarene San Diego, CA and ... Andr... more ... Senyo Adjibolosoo Fermanian School of Business Point Loma Nazarene San Diego, CA and ... André Tarallo, the former head of Elf-Gabon was also alleged to have channeled tens of millions of dollars in commissions and subscriptions to heads of state in Angola, Cameroon ...
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Despite the potential for social and economic development provided by oil generated wealth, the l... more Despite the potential for social and economic development provided by oil generated wealth, the lack of accountability and transparency in revenues has exacerbated poor governance, conflict and poverty in the majority of oil dependent countries in Africa. Against the background of the new oil boom and the poor state of public institutions, a major development challenge at the turn of the century is thus how oil revenue could be better managed to engender growth and poverty reduction. This paper evaluates the various options for managing oil rent and argues that the current push for transparency in the oil industry is necessary, but in itself not sufficient. It recommends a holistic approach involving a range of measures by developed nations, extractive industries and the countries themselves in managing oil wealth as well as strengthening the capacity of civil society to monitor transparency. Ultimately, it is unlikely that African oil exporters will be able to use oil windfalls to fuel poverty reduction without improving their democratic institutions and administrative capacity.
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Prism: A Journal of the Center for Complex Operations, 2015
Nigeria is a highly complex and ethnically diverse country, with over 400 ethnic groups. This div... more Nigeria is a highly complex and ethnically diverse country, with over 400 ethnic groups. This diversity is played out in the way the country is bifurcated along the lines of religion, language, culture, ethnicity and regional identity. The population of about 178.5 million people in 2014 is made up of Christians and Muslims in equal measures of about 50 percent each, but including many who embrace traditional religions as well.The country has continued to experience serious and violent ethno-communal conflicts since independence in 1960, including the bloody and deadly thirty month fratricidal Civil War (also known as the Nigerian-Biafran war, 1967-70) when the eastern region of Biafra declared its secession and which claimed more than one million lives. The most prominent of these conflicts recently pitch Muslims against Christians in a dangerous convergence of religion, ethnicity and politics. The first and most dramatic eruption in a series of recent religious disturbances was th...
Bookmarks Related papers MentionsView impact
Research Papers, 2008
Bookmarks Related papers MentionsView impact
African Development Perspectives Yearbook, 2004
... It is intensely political since most transactions produce winners as well as losers and the .... more ... It is intensely political since most transactions produce winners as well as losers and the ... It has a board of twelve directors, nine of whom are from the private sector ... 1980s, when successive military regimes, buoyed by economic nationalism and massive oil windfalls, developed a ...
Bookmarks Related papers MentionsView impact
African Journal of Economic Policy, 2006
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Bookmarks Related papers MentionsView impact
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The authors assess the effect of privatization on performance in a panel of Nigerian banks for th... more The authors assess the effect of privatization on performance in a panel of Nigerian banks for the period 1990-2001. They find evidence of performance improvement in nine banks that were privatized, which is remarkable given the inhospitable environment for true financial intermediation. Their results also suggest negativeeffects of the continuing minority government ownership on the performance of many Nigerian banks. The authors'results complement aggregate indications of decreasing financial intermediation over the 1990s. Banks that focused on investment in government bonds and non-lending activities enjoyed a relatively higher performance.
Bookmarks Related papers MentionsView impact
The various subjects of this Festschrift reflect Karl Wohlmuth's diverse interests in economi... more The various subjects of this Festschrift reflect Karl Wohlmuth's diverse interests in economics: System theory, development theory, labour market theory, Transformation and Innovation theories - to mention only a few of the areas which Karl Wohlmuth has addressed from a world economist's perspective.
Bookmarks Related papers MentionsView impact
Oxford Handbooks Online, 2014
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Ideas, Experience, and Prospects, 2014
Bookmarks Related papers MentionsView impact
The Environmentalist, 2006
Bookmarks Related papers MentionsView impact
Journal of Banking & Finance, 2005
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Construction Management and Economics, 1999
... (1995), authors have not seen quantitative approaches that can be used to analyse ®nancing an... more ... (1995), authors have not seen quantitative approaches that can be used to analyse ®nancing and conduct risk analysis of a BOT project. ... Implicit in this formulation is that a BOT project will be transferred to the utility at the end of the franchise period at no or a nominal cost. ...
Bookmarks Related papers MentionsView impact
In volume XV of the African Development Perspectives Yearbook, the Research Group on African Deve... more In volume XV of the African Development Perspectives Yearbook, the Research Group on African Development Perspectives investigates the impact of the GFC on economic reform processes in Africa. The analysis is structured in such a way so as to reflect the opportunities and dangers of policy reversals in the face of the GFC. The impact of the crisis on different types and forms of governance in the region is considered. The first question is therefore which macro-economic policy instruments have to be applied in ...
Bookmarks Related papers MentionsView impact
Bookmarks Related papers MentionsView impact
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... Senyo Adjibolosoo Fermanian School of Business Point Loma Nazarene San Diego, CA and ... Andr... more ... Senyo Adjibolosoo Fermanian School of Business Point Loma Nazarene San Diego, CA and ... André Tarallo, the former head of Elf-Gabon was also alleged to have channeled tens of millions of dollars in commissions and subscriptions to heads of state in Angola, Cameroon ...
Bookmarks Related papers MentionsView impact
Bookmarks Related papers MentionsView impact
Bookmarks Related papers MentionsView impact
Despite the potential for social and economic development provided by oil generated wealth, the l... more Despite the potential for social and economic development provided by oil generated wealth, the lack of accountability and transparency in revenues has exacerbated poor governance, conflict and poverty in the majority of oil dependent countries in Africa. Against the background of the new oil boom and the poor state of public institutions, a major development challenge at the turn of the century is thus how oil revenue could be better managed to engender growth and poverty reduction. This paper evaluates the various options for managing oil rent and argues that the current push for transparency in the oil industry is necessary, but in itself not sufficient. It recommends a holistic approach involving a range of measures by developed nations, extractive industries and the countries themselves in managing oil wealth as well as strengthening the capacity of civil society to monitor transparency. Ultimately, it is unlikely that African oil exporters will be able to use oil windfalls to fuel poverty reduction without improving their democratic institutions and administrative capacity.
Bookmarks Related papers MentionsView impact