ABSTRACT The purpose of this study was to investigate factors that influence economic growth in Kenya. This study was guided by such objectives as to determine how inflation, unemployment and population growth influence growth of the economy of Kenya. The study adopted both quantitative and qualitative research approaches to explain the interplay of both endogenous and exogenous variables to bring about an effect on the economic growth of Kenya. The area of study is the whole of Kenya, a coun...
ABSTRACT The motive behind carrying out of this study was the ever changing and unstable profitability levels experienced in the Zimbabwe banking sector particularly after the adoption of various branchless banking activities by various commercial banks. The purpose of this study was to investigate the relationship between the branchless banking activities and profitability of banks using a case study of commercial banks in Zimbabwe. Various theories and empirics were reviewed and have revea...
ABSTRACT The primary objective of this study was to establish the determinants of willingness to pay for AIDS levy by civil servants in Gweru District. A sample of 328 civil servants in Gweru was surveyed by the researcher using two-stage cluster sampling technique. Civil servants were first grouped according to their Ministries representing clusters and then a simple random sampling was employed from each cluster to collect data. The researcher employed the theory of contingency valuation ...
ABSTRACT Despite other contributions made to economic growth by other variables such as real growth in services and population growth, there has been an unending debate between exports’ contribution to economic growth in the Southern African Development Community (SADC). The purpose of this study was to examine the contribution of exports to economic growth in Southern African Countries for the period 2005 to 2016. A Random Effects Panel Data Model (REM) was used as the estimation techniqu...
ABSTRACT Cocoa production has been the backbone of Ghana’s economy for more decades. It employs over a million people throughout the country and source of livelihood for many in the country. This study assessed economic and financial implications of decline in cocoa production in the Bono Region (Jaman South Municipality, specifically Drobo). The study adopted a case study research design using cross sectional survey methods. Purposive sampling was used to select 100 respondents for the stu...
ABSTRACT Kenya has experienced enormous growth in establishment of NGOs, with more than 100% increase between 1977 and 1987, striking over 23,000 by 1997 and 47,000 by 2016; thereby attracting increased foreign and local funding especially from 2006; reflecting renewed donor confidence in the government’s resolve for proper management of the economy. Despite the phenomenal establishment of sustainability drivers; being income generating capacity, income source diversity, financial planning ...
ABSTRACT Progressive public indebtedness in Zimbabwe particularly in the form of foreign financing has culminated into debt distress in the nation. The country has accumulated stocks of unpaid public foreign debts over the years and as a consequence debt burden began to develop in the nation. Apparently such accumulation of external debt stocks is posited to lead to debt overhang and determent of private investment. As such this research study examined the relationship between public externa...
ABSTRACT This research was mainly aimed at investigating the environmental impact of economic growth in Zimbabwe for the period 1985-2015. Various authors have expressed their views with regards to the determinants of environmental degradation with economic growth as the major player. CO2 was used as a proxy for environmental quality. Using the Ordinary Least Squares model, the researcher obtained that in the early stages of development, growth accelerates the rate of environmental quality lo...
Abstract Foreign exchange reserves’ adequacy is a key component of good macroeconomic management. Foreign reserves can be used to smoothen exchange rate volatility in illiquid foreign exchange markets. This study adopts a modified version of buffer stock model to analyze the determinants of Nigeria’s foreign reserves. Using annual time series data from 1970 to 2009, the study regresses international reserve variable on macroeconomic variables: real income, interest rate differential (a me...
ABSTRACT This study was motivated by the growing concern on the impact of Institutional Quality on economic outcomes. The study focused specifically on the Nigerian Stock Market due to its critical role in the economy as a vehicle for efficient resource allocation. The Autoregressive Distributed Lag (ARDL) bounds testing procedure is employed using data from 1985 to 2012. The study used the ARDL model to ascertain the long-run impact of institutional quality on stock market development in Nig...
ABSTRACT This study examined the economic effects of crude oil exploitation on cassava production in Delta State. Specifically, the effect of crude oil exploitation on land productivity, farm income and cassava yield was explored. The costs and returns, and hence profitability of cassava production as influenced by oil pollution, the farming systems and socio-economic characteristics of cassava farmers were critically examined. Copies of well structured questionnaires were used to collect pri...
ABSTRACT arnrruon has ' bse n facing a 'current account d e f i c i t n i tlcc: 1 '1f?7 and w i l l cor~t;j.nucb t o do 80 in -Lklc ne:lrest future. This will imply a n e t , resource d r a i n at a time w ! ~ t : n lent:-term c a p i t a l inves trrre nt l o o k s b l e a k give r l the sk~i f ti n emphasis o f we s t e r n financial commitmerit. 'L'~I= c o u n t r y must therefore make urgent moves at a r r e s t i n g t h i s d e f i c i t . Increasinfy . e x p o r t s f o r Cameroon will ...
Abstract This work evaluates the trends in the parallel market exchange rate premium, its determination and impact on the foreign exchange market in Nigeria. It examines the impact of existing demand and supply gaps in the overall foreign exchange market on the determination of the parallel market premium. It further examines the impact of the parallel market exchange rate premium on the determination of the official exchange rate and the parallel market rates. The study uses the stock-flow m...
ABSTRACT Effectiveness of monetary policy in stimulating economic growth This study investigates the effectiveness of monetary policy in stimulating economy growth in Nigeria using AK production Function and Vector Autoregressive (VAR) model. The empirical evidence depicts that economic growth in Nigeria is influenced by money supply, electric power consumption, gross fixed capital formation and trade openness. This shows that monetary policy is effective in maintaining economic growth on the...
ABSTRACT Financial performance of County governments in Kenya has been rated to be below average, as is evidenced in the 2017/2018 Auditor General’s report, on County governments’ performance. Available information attests to the fact that Audit practices are an inherent function of the operations of all government activities. Audit provides unbiased, objective assessments of responsible and effective public resources management in an effort to achieve intended results, through accountabi...