Nigeria Vocab Terms
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Biafra
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Democratization
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Dual mandate
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Federalism
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Hausa-Fulani
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Igbo
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Import substitution
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Indirect rule
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Mass political culture
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Obasanjo, Olusegun
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Saro-Wiwa, Ken
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Sharia
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Structural adjustment
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Yoruba
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prebendalism (Patron-client relations / clientelism)
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Zero-sum
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Yar’Adua, Umaru
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Goodluck Jonathan (current president)
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Rentier state (dependency Theory)
In dependency theory, poverty is due to neither so-called backward culture nor deleterious state actions in the political economy but rather the global system itself, in which a relatively small number of "core" countries specialize in high-value-added manufactured goods, while a large number of "peripheral" countries specialize in primary commodity production. Thus poverty in dependency theory stems from the position countries occupy in the international division of labor or system. Colonialism leaves a legacy of slowed economic and political growth in the former colonies.
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Comparative advantage (relative/absolute)
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Balance of Payments (deficit/surplus)
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Trade liberalization
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GATT
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Trade protectionism
(tarrifs/quotas)
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Non-tarrif barriers (NTBs)
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Most-Favored-Nation
(MFN) status
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Export subsidies
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(Import) Dumping
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Gini index / HDI / GDP / GNP (as comparable
measures)
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World Bank
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International Monetary
Fund (IMF)
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Import substitution
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Debt crisis/trap
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Structural adjustment
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Carrying capacity
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Tragedy of the Commons
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Failed state
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Imperialism
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Parastatal
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subsistence economy
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MEND (Movement for the
Emancipation of the
Nigerian)
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Bunkering (oil)
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