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https://nbn-resolving.org/urn:nbn:de:101:1-2019080113370097748589

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Public debt and sustainable national development in Nigeria: analysis of fundamental issues

[journal article]

Idike, Adeline N.
Okeke, Remi Chukwudi

Abstract

This study raises some fundamental issues in the relationship between public debt and sustainable national development in Nigeria. The work is significant in highlighting the position of public debt in the subject area of public administration. The study finds a very weak linkage between public debt... view more

This study raises some fundamental issues in the relationship between public debt and sustainable national development in Nigeria. The work is significant in highlighting the position of public debt in the subject area of public administration. The study finds a very weak linkage between public debt and sustainable national development in the Nigerian state. The theoretical framework of the investigation is the bureaucratic theory. The work finds that the bureaucracy is as guilty as the politician in the country, in the transmutation of public debt into a brand of national bazaar. It is finally recommended in the paper that taxation-increases be adopted as alternative to public debt, in ensuring that the current generation of the country's citizens, in meeting their immediate needs do not invariably endanger the capacity of future generations in the same regards.... view less

Keywords
Nigeria; Africa; national debt; national development; sustainable development; tax increase

Classification
Public Finance
Economic Policy

Document language
English

Publication Year
2016

Page/Pages
p. 41-47

Journal
International Letters of Social and Humanistic Sciences (2016) 74

ISSN
2300-2697

Status
Published Version; peer reviewed

Licence
Creative Commons - Attribution 4.0


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Home  |  Legal notices  |  Operational concept  |  Privacy policy
© 2007 - 2025 Social Science Open Access Repository (SSOAR).
Based on DSpace, Copyright (c) 2002-2022, DuraSpace. All rights reserved.