Macroeconomic Policies and Smuggling : An Analysis of Illegal Oil Trade in Nigeria

An Analysis of Illegal Oil Trade in Nigeria

Macroeconomic Policies and Smuggling : An Analysis of Illegal Oil Trade in Nigeria
Based on a simple model, the paper provides an explanation for illegal oil trade between Nigeria and its neighboring countries. The analysis focuses on the linkages between the level of smuggling and changes in the Government's fiscal, monetary, and domestic pricing policies. It is shown that smuggling has implications for inflation and currency... READ MORE...

Publication date: September 1994
ISBN 9781451942880
$15.00

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