Book cover of Reforming the Unreformable: Lessons from Nigeria

Book description

A report on development economics in action, by a crucial player in Nigeria's recent reforms.

Corrupt, mismanaged, and seemingly hopeless: that's how the international community viewed Nigeria in the early 2000s. Then Nigeria implemented a sweeping set of economic and political changes and began to reform the unreformable. This book…

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Why read it?

1 author picked Reforming the Unreformable as one of their favorite books. Why do they recommend it?

Nigeria’s most famous economist and the current Director-General of the World Trade Organization, Okonjo-Iweala is a formidable figure nationally and globally. Her memoir about her time as Finance Minister during the administration of President Olusegun Obasanjo (in office 1999-2007) gives insight into debt relief negotiations and major economic reforms. Those reforms look less transformative in retrospect – at least 40% of Nigerians remain mired in poverty, and Nigeria’s debt has climbed again, including during Okonjo-Iweala’s second stint as Finance Minister – but the memoir remains important for understanding Africa’s largest economy.

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