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Cross-border trade and the parallel currency market - trade and finance in the context of structural adjustment: a case study from Kano, Nigeria
The Nordic Africa Institute.
1999 (English)Report (Other academic)
Abstract [en]

A "new regionalism" is gathering pace in West Africa, underpinned by the growing activities of informal cross-border traders. The authors of this study challenge the assumptions of the World Bank that the expansion in informal cross-border trade is a vindication of the market liberalising thrust of structural adjustment, and that adjustment policies have, in an organic manner, improved the effectiveness of an "independent" bourgeoisie that is emerging out of this trade as an agent of regional integration. Instead, they make the case for the adoption of what they call a "development approach" for tapping the benefits of the informal currency markets, as an alternative to the "market coercion" of structural adjustment.

Place, publisher, year, edition, pages
Uppsala: Nordiska Afrikainstitutet , 1999. , 118 p.
Series
Research report, ISSN 1104-8425 ; 113
Keyword [en]
Nigeria; West Africa; International Trade; Trade liberalization; Currencies; Exchange Rate; French Franc area; Structural Adjustment
National Category
Social Sciences
Identifiers
URN: urn:nbn:se:nai:diva-237ISBN: 91-7106-449-4 (print)OAI: oai:DiVA.org:nai-237DiVA: diva2:272721
Note
CONTENTS -- Introduction -- Theoretical and Methodological Issues -- The Historical Roots of Cross-Border Trade between Nigeria and Niger -- Commodity and Currency Relations in the Development of Cross-Border Trade -- Wapa and Financial Intermediation -- The Organization of the Cross-Border Commodity Trade and the Franc Zone Reforms -- By Way of Conclusion: Adjustment to IntegrationAvailable from: 2009-10-16 Created: 2009-10-14 Last updated: 2009-10-16Bibliographically approved

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf