Managing Post-Privatisation Political and Regulatory Risks in Nigeria—a Law and Policy Perspective

Autor:	Abba Kolo
Rok vydání:	2004
Předmět:	Liberalization Political risk Economic policy media_common.quotation_subject Perspective (graphical) Foreign direct investment Repeal Politics Economics Foreign policy analysis Prosperity Economic system Law Energy (miscellaneous) media_common
Zdroj:	Journal of Energy & Natural Resources Law. 22:473-506
ISSN:	2376-4538 0264-6811
DOI:	10.1080/02646811.2004.11433383
Popis:	In an effort to revive the ailing economy and join the global markets, successive Nigerian governments since 1986, have taken measures that were aimed at liberalising the economy and creating a conducive atmosphere for more private, especially foreign direct investment, long recognised as engines of growth and development and prosperity. Among the policy initiatives were: the repeal or amendment of certain laws and regulations that restricted foreign investment, and privatisation of state-owned enterprises. These reform measures have reduced the political risk perception of the country by foreign investors as evidenced in the increased level of foreign participation in the telecommunications, and oil and gas industries. However, with liberalisation and privatisation, new forms of political and regulatory risks emerge that require new management techniques. These risks include possible changes in environmental and social regulations, discriminatory treatment of the private/foreign investor by regulatory ag...
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::accec0c3f0d179b6438fdd614b52a079 https://doi.org/10.1080/02646811.2004.11433383 Zobrazit plný text záznamu