African oil production is entering its second period of global importance. As the world begins to turn to the Gulf of Guinea to fuel its growing energy needs, it is important to recognize the ill-effects that oil-rentierism often have on the economic development of a nation. Despite real growth in GDP, poverty has risen in many oil-producing nations in Africa. This thesis examines Nigerian underdevelopment between 1970 and 2000, and emphasizes why it is imperative that action be taken, not only in Nigeria, but in all rentier-class nations, in order to emphasize strong economic development and human rights as Africa's second oil boom gets under way.
|School:||The American University of Paris (France)|
|Department:||Public Policy and International Affairs|
|Source:||MAI 56/02M(E), Masters Abstracts International|
|Subjects:||Economics, Public policy, Sub Saharan Africa Studies, Energy|
|Keywords:||Nigeria, Oil boom, Rentier-class nations, Underdevelopment|
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