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5. Technocracy and the Institutionalization of Economic Development in Indonesia and Nigeria (1967–1990)

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Chapter Summary

This chapter looks at the contribution of economist technocrats to the process of institutionalizing economic development. Economist-technocrats are actors actively taking part in the process of an organizational change that is vital in economic development. The economic-technocrats in Indonesia were more successful in institutionalizing economic development than the economist-technocrats in Nigeria. The broader comparison of the structural and institutional factors between Indonesia and Nigeria, and two comparative studies on the role of particular economist-technocrats, namely Widjojo Nitisastro and Ali Wardhana in Indonesia and Alison Ayida and Olu Falae in Nigeria, is the focus of this chapter. These economist-technocrats were chosen because they played an important role during their tenures as economic minister in 1970s and 1980s in their respective countries. The international data panel and cross-country studies show similar features between Indonesia and Nigeria in terms of their geographic and demographic size, resource endowments, political development, and ethnic diversity.

Keywords: Ali Wardhana; Alison Ayida; economic development; economist-technocrats; Indonesia; Nigeria; Olu Falae; Widjojo Nitisastro



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