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Noahpinion's profile
Noah Smith
Noah Smith
Noah Smith
Verified account
@Noahpinion

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Noah SmithVerified account

@Noahpinion

Bloomberg Opinion writer. Elected "top neoliberal shill" of 2018. Occasionally posts anime gifs.

San Francisco, CA
bloomberg.com/view/contribut…
Joined April 2011

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    1. Noah Smith‏Verified account @Noahpinion Oct 16

      To escape the doom spiral of the Resource Curse, Nigeria should look to a country that seems to have beaten the curse: Botswana. https://openknowledge.worldbank.org/bitstream/handle/10986/18304/multi0page.pdf?sequence=1&isAllowed=y …

      4 replies 33 retweets 51 likes
      Show this thread
    2. Noah Smith‏Verified account @Noahpinion Oct 16

      Botswana's approach is basically: 1. Pour resource revenues into a Sovereign Wealth Fund 2. Depreciate the currency 3. Use SWF to stabilize the budget 4. Invest a bunch in education, health and infrastructurepic.twitter.com/4igm6XIQvn

      4 replies 46 retweets 63 likes
      Show this thread
    3. Noah Smith‏Verified account @Noahpinion Oct 16

      Nigeria is already taking some of these steps, which is great.pic.twitter.com/oaEc1lfhW9

      2 replies 26 retweets 21 likes
      Show this thread
    4. Noah Smith‏Verified account @Noahpinion Oct 16

      But Nigeria is missing one big piece: Investment in education. (It could also stand to invest more in health.)http://thenationonlineng.net/nigerias-disappointing-investment-education/ …

      2 replies 32 retweets 29 likes
      Show this thread
    5. Noah Smith‏Verified account @Noahpinion Oct 16

      Instead of subsidizing fuel, Nigeria needs to subsidize education (which doubles as child care) and health. This will provide jobs, relieve poverty, and - most importantly - build human capital. (end)pic.twitter.com/h2tiCL0cyA

      14 replies 163 retweets 138 likes
      Show this thread
    6. Blair Reeves‏ @BlairReeves Oct 16
      Replying to @Noahpinion

      Blair Reeves Retweeted Blair Reeves

      I love that you’re bringing up Nigeria. It’s the emerging global powerhouse that most of the West is sleeping on. But there’s a big difference between Nigeria/Botswana you didn’t mention in your article…https://twitter.com/BlairReeves/status/1043166022231048193 …

      Blair Reeves added,

      Blair Reeves @BlairReeves
      Replying to @BlairReeves @Noahpinion
      You tell Americans how Nigeria is a burgeoning economic giant with nearly 200M people and the largest GDP on the continent, and they just laugh and make a crack about email scams.
      1 reply 4 retweets 4 likes
    7. Blair Reeves‏ @BlairReeves Oct 16
      Replying to @BlairReeves @Noahpinion

      Namely, the ethnic diversity of Nigeria completely swamps that of little Botswana. It’s like comparing Denmark and Texas.

      2 replies 0 retweets 3 likes
    8. Noah Smith‏Verified account @Noahpinion Oct 16
      Replying to @BlairReeves

      So what do you want me to do? Stop recommending good policies to diverse countries? Advise the country to split up?

      1 reply 0 retweets 0 likes
    9. Blair Reeves‏ @BlairReeves Oct 16
      Replying to @Noahpinion

      Not at all - but just like in the US, I think it’s more of a political question of how to win consensus around those policies. I don’t know if many Nigerians would agree that there are useful lessons to learn from Botswana, given how radically different they are.

      1 reply 2 retweets 0 likes
    10. Blair Reeves‏ @BlairReeves Oct 16
      Replying to @BlairReeves @Noahpinion

      (Splitting up the country is also something that serious people have debated there! Not realistic, but still…)

      2 replies 0 retweets 0 likes
      Noah Smith‏Verified account @Noahpinion Oct 16
      Replying to @BlairReeves

      Well, they did have a huge civil war about it. I'd rather not inflame those tensions by bringing up the issue.

      10:16 AM - 16 Oct 2018
      • 3 Likes
      • Juliet 'Kego #JusticeForOchanya Shalom Ibironke I's Age Limited. RC: 1477930
      1 reply 0 retweets 3 likes
        1. New conversation
        2. Blair Reeves‏ @BlairReeves Oct 16
          Replying to @Noahpinion

          Naturally. A North/South breakup would make more “sense” than Igboland/Biafra, of course, but neither one is really plausible

          1 reply 3 retweets 0 likes
        3. Blair Reeves‏ @BlairReeves Oct 16
          Replying to @BlairReeves @Noahpinion

          (It’s still a great column though, don’t take any of this the wrong way)

          1 reply 0 retweets 3 likes
        4. Phoenix Cykes‏ @TayoSays Oct 16
          Replying to @BlairReeves @Noahpinion

          Interesting to find a non-Nigerian who understand's the political complexity of Nigeria. The ethnic mix is what's slowing Nigeria's growth. Continuity is an even bigger problem because every new gov embark on grand projects they can't possibly complete.

          0 replies 0 retweets 1 like
        5. End of conversation

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