000			02008nam a22001577a 4500
999			_c518406 _d518406
008			210922b ||||| |||| 00| 0 eng d
100			_aFagbemi, F., Oladejo, B. and Adeosum, O.A. _929432
245			_aThe effectiveness of poverty alleviation policy: Why is the quality of institutions the bane in Nigeria?
260			_aReview of Development and Change
300			_a25(2), Dec, 2020: p.215-236
520			_aThis article examines the nexus between the quality of institutions and the poverty in Nigeria over the period 1984–2017, using dynamic least squares, canonical cointegrating regression and vector error correction mechanisms. The analysis based on three institutional measures (bureaucratic quality, democratic accountability and rule of law) reveals how the poverty rate could be escalated by entrenched poor governance. The evidence shows that democratic accountability and rule of law are significant for poverty reduction. This reinforces the assertion that accountability and transparency coupled with strict adherence to rule of law in the public sector are the principal components of poverty alleviation. Also, findings reveal that poverty and weak institutions are interconnected and mutually reinforcing in the country. Overall, the findings posit that poverty is widespread in Nigeria due to capacity constraints of public institutions or underlying governance practices. By implication, the article suggests that policymakers should focus on measures that have the greatest leverage for enhancing effective governance oriented towards poverty reduction and development. In addition, tackling socio-economic inequalities, curbing political unrest and building strong institutions are central to ensuring a socially sustainable basis for holistic welfare improvements. – Reproduced
650			_aGovernance, Public institutions, Poverty alleviation, Cointegration analysis, Nigeria _927516
773			_aReview of Development and Change
906			_aPOVERTY
942			_cAR