Chapter 10 recapitulates aspects of the overarching theme of this book such as state and citizenship, civic political culture and value change, the role of political structures, basic tools for national development planning, and the evolving nexus between emerging demographic and population trends and urbanization. Utilizing historical and contemporary data on national population growth and forecasts, the chapter illuminates the more enduring challenges Nigeria would have to deal with as it engages its national development planning for the years ahead. It also elucidates the problem of a growing but unemployed youth population, the role of government in macroeconomic adjustments, and the lack of effective residential ‘rent control’ mechanism – as the major cause of urban decay and degeneration that is witnessed in many of the major cities. The chapter ends by providing a critical assessment of the …
The conceptual framework of political effectiveness, political stability and political adaptability has revealed the nature of corporate governance in multiple dimensions within a broader and evolving institutional context. Compared with organisational embedment, the Chinese Communist Partys ideological penetration has a more far-reaching effect on corporate governance. The concept of political adaptability demonstrates the role of corporate governance as developmental integrator in the context of the party-state–society synergy. The Chinese model of corporate governance involves elite-guided forced saving through which economic growth can be technically spurred by a technocratic system in an instrumental manner. To improve the effectiveness of corporate governance, policy design should therefore focus on keeping a dynamic balance between exercising state ownership rights to reduce agency costs and …