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首页> 外文期刊>British Journal of Economics, Management & Trade >Informal Institutions: The Binding Constraint on Institutional Efficiency in Nigeria
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Informal Institutions: The Binding Constraint on Institutional Efficiency in Nigeria

机译:非正式制度:尼日利亚制度效率的约束性约束

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This paper contributes to the debate on the relevance of institutions to economic development in Nigeria. Based on the taxonomy of institutions into informal and formal elements and the seeming overemphasis on the latter, the paper extends the argument further by stressing that Nigeria does not have a dearth of formal institutions, but rather that it is the preponderance of the negative informal institutional characteristics that compromises the efficiency of formal institutions. Consequently, the greater the fossilization of these undesirable informal institutions within the greater segments of the population, the greater the manifest inefficiency of any formal institutional rules or mechanisms superimposed on the society. Thus the informal is a binding constraint on formal institutional efficiency in Nigeria. These constraints must be relaxed through plurality of approaches; the government must play a leading role in socio-economic re-engineering. The focus must be on how to secure a durable political economic equilibrium that will dictate better institutional outcomes.
机译:本文为关于制度与尼日利亚经济发展的相关性的辩论做出了贡献。基于将制度分类为非正式和正式要素的分类,以及对后者的过分强调,本文进一步强调了尼日利亚没有正规制度的缺乏,而是以否定的非正式制度为主要优势,进一步扩展了论点。损害正规机构效率的特征。因此,这些不受欢迎的非正式制度在更大的人口群体中的僵化程度越大,叠加在社会上的任何正式制度规则或机制的效率越低。因此,非正式对尼日利亚的正式机构效率具有约束力。必须通过多种方法放宽这些约束。政府必须在社会经济重组中发挥领导作用。重点必须放在如何确保持久的政治经济平衡上,该平衡将指示更好的体制结果。

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