ABSTRACT Most of the studies relating banking activities and macroeconomic behavior of many nations focused on the effect of macroeconomic instability on banking sectors. This study rather examines the impact of banking instability on the Nigerian economy. Annual data were used ranging from 1980 to 2011 drawn from various data publication issues domestically and those outside the country. Variables taken into consideration in the course of analysis are those proxies to the banking instabilit...
ABSTRACT The performance of agricultural sector in Kenya over the last twenty-five years has not only been declining but low as well. This has been attributed to various factors including; continued erratic weather conditions, high production cost including high prices of fertilizers and high quality seeds, inadequate access to farm inputs and relevant technology, poor implementation of agricultural reforms, policies and programmes, declining prices for primary commodities in the internationa...
ABSTRACT This study has observed the impact of foreign aid to the agriculture, education and health sectors, on the growth of the respective sectors in Ghana, over a period from 1980 to 2013 using the Vector Autoregression (VAR) approach. The necessary time series tests such as stationary test, cointegration test, error correction, and Granger causality tests in vector error correction model were carried out. The empirical results from the regression reveals that, foreign aid has a significa...
ABSTRACT After about a decade of civil war, Liberia still has a fertility similar to other countries who have not had such similar experiences. The civil war was expected to lead to a decrease in fertility given the expected increased usage of contraceptives and decrease in the desire for children. So, the question about the role of education, contraception and desired fertility was asked. To answer this question, four main questions were asked. First, whose education is more significant in ...
ABSTRACT Considering the level of inequality (GINI) and its importance in economic performance and the attainments of human development (HD), this paper examines the role of inequality in the translation of economic growth (GDPG) to HD. The study was conducted using 39 African countries from the period of 1980 to 2015. A change in non-income HD measure (△HD) comprising life expectancy at birth and education with a five-year difference was computed. An average for every five-year period cor...
ABSTRACT The East African Community (EAC) is actively pursuing the formation of a monetary union by 2023. The EAC is located in the eastern part of Africa and is made up of six neighbouring countries namely; Burundi, South Sudan, Rwanda, Kenya, Uganda and Tanzania. The countries have so far made considerable progress towards monetary integration with the establishment of a customs union in 2005 and a common market in 2010. The EAC Monetary Union (EAMU) protocol lays the groundwork for the mo...
ABSTRACT Research into expenditure patterns of households using external remittances for consumption or investment purpose has gained prominent attention in academic and policy circles recently. This study joins the debate to analyze the relationship between external migrant remittances and household expenditure patterns in Ghana. The study looks at key consumption and investment variables namely food, utilities, education, health, agriculture and housing to assess the expenditure behavior o...
ABSTRACT The wave of technological advancement has made electricity an indispensable input in an economy. It reigns at the center of households’ basic activities and productivity of industrial and service firms. Its supply in Ghana, like many other African countries has however, not been consistent over the years. This lays demand on policymakersfrom households and firms to increase the quantity supplied. In response to this, several thermal plants have been installed to augment the limite...
ABSTRACT The number of global working poor far exceeds the number of unemployed people. Thus, employment creation is not sufficient for poverty alleviation. For this reason, the concept of ‘decent work’, which seeks to measure the quality and quantity of work was proposed by the ILO in 1999 as a necessary and sufficient condition for poverty eradication. Achieving universal decent work is now one of the first eight SDG’s to be achieved by all countries in 2030. Previous studies on dece...
ABSTRACT The study analyzed the impact of foreign aid on economic growth in Tanzania. The study questioned the contribution of foreign aid on the development and recurrent expenditure as one of the source of funds, apart from net external finance and Government revenue; which most prior empirical works did not mention. The study filled this gap in literature by analyzing official development assistance, development expenditure financed by foreign aid and recurrent expenditure financed by for...
ABSTRACT Agriculture is one of the major economic activities in Tanzania. The sector links crops cultivation, forest, fishing and livestock production. Livestock contributes seven percent of the total Gross Domestic Product and poultry production contributes 1.8% only. Poultry farming present an interested case and continue to play an important role in the context of food demand resulted by high population and mounting land constraint. On the other hand, Poultry sector is still underutilized...
ABSTRACT In Nigeria, health insurance is not a commonly purchased financial instrument. Recently debates have revolved around extending health insurance coverage to a wider range of the population, via compulsory insurance scheme. However, the debate rarely considers the competing demands placed on the family budget. In this work, we examined the factors that will increase the benefits of those that have health insurance cover in the formal sector and the factors that will influence th...
Abstract The study, "The Effects of Multiple Taxation on Small-Scale Enterprises in Ebonyi State" focused on finding the changes in the operations of Small-Scale Enterprises prompted by imposition of multiple taxation. It also looked at the impact of multiple taxation on investment decision of SSEs operators. Descriptive statistics was used go study the data collected for this work through a well-structured questionnaire. The Godman's and Kruskal's Gamma, a non-parametric measures of associat...
ABSTRACT The study empirically analyzed the sacrifice ratio in Nigeria for the period 1970-2013, using the Instrumental Variables Generalized Method of Moments (IV-GMM) technique. The results revealed that inflation inertia has a significant negative impact on the actual rate of inflation in Nigeria. It was also revealed that the percentage of a year’s real GDP that must be forgone to reduce inflation by 1 percentage point in Nigeria is 5.1. In 1982, 53.55 percent of the GDP was sacrif...
ABSTRACT Theoretical and empirical evidences support the prime role of public education expenditure in rapid and persistent economic growth. However, available statistics in Nigeria does not seem to support this view. An average of 5.72 per cent of public expenditure was spent on education between 1970 and 2010. During the same period, economic growth was not only inconsistent, but averaged 0.6 per cent. Public education expenditure, no doubt promotes educational attainment which could be reg...