Nigerian economic policy response to COVID‐19: An evaluation of policy actors' views

IF 16.4 1区 化学 Q1 CHEMISTRY, MULTIDISCIPLINARY Accounts of Chemical Research Pub Date : 2022-03-01 DOI:10.1002/pop4.332
M. Ojide, Chigozie O. Agu, Precious Ohalete, Emmanuel Chinanuife
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引用次数: 3

Abstract

Abstract COVID‐19 has caused economic hardship globally. Several economies are making efforts to cushion these negative effects. Following the lockdown and downward trend of global oil prices, the Nigerian economy has been hard hit. This paper sheds light on policy actors' views vis‐à‐vis what should be the economic policy response of the Nigerian government to cushion the effects of COVID‐19 and ensure quick economic recovery. A multistage random sampling method was used to select and interview 635 policy actors drawn from academia/research institutes, civil society organizations, development partners, international NGOs, national NGOs, the private sector, and the public sector. The study adopted a participatory development approach. Descriptive and deductive analysis methods were used. The results support direct cash transfers to households, and small and medium scale enterprises (SMEs) as the policy option that would have huge impact in mitigating the economic effects of COVID‐19 in Nigeria. The second most recommended policy option is the eradication of corruption among government officials. The paper recommends that pragmatic actions towards eradicating corrupt practices among government officials should be an integral part of any economic recovery policy in Nigeria and other emerging economies.
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尼日利亚应对新冠肺炎的经济政策-19:对政策参与者观点的评估
摘要2019冠状病毒病在全球范围内造成了经济困难。一些经济体正在努力缓解这些负面影响。在封锁和全球油价下跌的趋势之后,尼日利亚经济受到了沉重打击。本文阐明了政策参与者对尼日利亚政府应对新冠肺炎影响和确保经济快速复苏的经济政策的看法。采用多阶段随机抽样方法,从学术界/研究机构、民间社会组织、发展伙伴、国际非政府组织、国家非政府组织,私营部门和公共部门中挑选并采访了635名政策行动者。该研究采用了参与式发展方法。采用描述性和演绎性分析方法。研究结果支持向家庭和中小型企业直接转移现金,这是一种政策选择,将对减轻2019冠状病毒病在尼日利亚的经济影响产生巨大影响。第二个最受建议的政策选择是根除政府官员中的腐败。该文件建议,根除政府官员腐败行为的务实行动应成为尼日利亚和其他新兴经济体任何经济复苏政策的组成部分。
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来源期刊
Accounts of Chemical Research
Accounts of Chemical Research 化学-化学综合
CiteScore
31.40
自引率
1.10%
发文量
312
审稿时长
2 months
期刊介绍: Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.
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