@article{Kayode:267026,
      recid = {267026},
      author = {Kayode, M.O. and Odusola, A.F.},
      title = {Economic Development Management in Nigeria: Dynamics,  Dialectics and Outcomes},
      address = {2001-01-01},
      number = {2062-2018-438},
      pages = {26},
      year = {2001},
      abstract = {Economic development is a process whereby the real per  capita income of a country is increased and sustained over  a long , period of time subject to some caveats. First,  this process is subject to the stipulations that the number  below the absolute poverty line does not increase and that  the distribution of income does not become more unequal  (Meier, 1976 and Aboyade, 1976). Second, such a process  must experience some elements .of modernisation such as  enhanced productivity, social and economic equalisation;  improved knowledge, attitudes and institutions; and  rationally coordinated policy measures that are capable of  removing all obstacles to socio-economic transformation  (Abciyade, 1976; Obadart, 1998; Ohiorhenuan, 2000). The  World Summit for Social Development held in Copenhagen in  1995 and its follow-up in June 2000 added yet another  caveat which is to popularise the human dimension of the  issue. With this caveat, human beings are placed at the  core of any meaningful economic development. They are the  means and ends of economic development. As clearly evident  in Nigeria's development documents, the primary goal of  economic development policies has been geared towards the  actualisation of a solid base for long-term economic and  social transformation of the country with a view to  establishing peace, progress and prosperity. The  realisation of this laudable objective informed the  adoption of several economic policies and strategies . in  the country. Since independence, economic development  policies have been very dynamic. Between 1960 and 1985,  government thought that a fixed medium-term National  Development Plan framework would transform Nigeria into the  type of society it envisaged. The economic crisis of the  early 1980s clearly showed the futility of this approach in  the Nigerian context. This, therefore, led to the adoption  of a comprehensive Structural Adjustment Programme (SAP)  which emphasised a policybased economic management strategy  (1986 - 1990).  After more than five years of implementing  SAP, it became obvious that its performance was mixed and .  tilted towards nonaccomplishment of its major objectivesJ  The adoption of a three-tier planning system since 1990, a  framework that comprises a perspective plan, a three-year  rolling plan and an annual budget, also left much to be  desired in terms of achieving its goals.},
      url = {http://ageconsearch.umn.edu/record/267026},
      doi = {https://doi.org/10.22004/ag.econ.267026},
}