ABSTRACT Non-oil export has been an alternative way to diversify Nigerian economy so as to absorb any shocks from the international oil (crude oil) market, since revenue stability is not guaranteed from crude oil again. Therefore, the study examines the diversification to non-oil export as a panacea for checking poverty, unemployment, low revenue and economic recession through inclusive economic growt...
Kenya is currently implementing the Second Medium Term Plan of Vision 2030. Growth objectives underpinning the Vision 2030 required the rate of growth of the economy to have risen from 6.1% achieved in the year 2006 to 10% in the year 2012. However, the economy recorded only 4.5% and 5.7% growth in the year 2012 and the year 2013 respectively. Even so, the government has continually spent substantial amounts of money annually to finance key Sectors in implementing Vision 2030 flagship pr...
INTRODUCTION As the capacity of the government in Africa to address development problems dwindle, the negative effects of globalization became more glaring. There is therefore need for increased emphasis on the role of civil society in African States to fill in the gaps. With the fast approach of the 21st century, ways of enhancing the role of civil society should be the focus of developing African States. The specialized features of civil society to the development challenge in Africa, in th...
ABSTRACT This paper set out to investigate the relationship between Investment and Economic growth in Uganda from 1980 to 2010. The study employed the expost facto research design since it basically examined secondary data; it was also a descriptive-correlation since it was interested in examining the relationship between the independent variables and the dependent variable. The Population of this study were the published reports on the variables of the study from 1980 to 2010. The study targ...
Abstract: With globalization at the centre stage, power and regulatory practices have been transformed. Rigid territorial frameworks in the form of national boundaries are slowly loosening up paving way for reinforced interdependence. Regions have thus come together to forge alliances to safe guard their interests as well as address certain challenges. Regional integration is not only viewed as a rational response to challenges faced within borders of a geographical area but also perceived a...
The importance of the US Dollar to a mono economy and import dependent nation such as South Africa cannot be over emphasized in the most notable transactions that takes place in any economic process must have a direct or indirect connection with the dollars. The aim of the study is to find the relationship between American dollar and South African rand. The statistical relationship between inflation and petrol price were investigated using secondary data. The correlation coefficient...
ABSTRACT This research work was embarked upon with a view to determine the impact of the capital market on the economic growth of Nigeria. The capital market was set up to achieve specific objectives which would boost the economy such as encourage domestic savings and increasing the quantity and quality of investments. The capital market offers access to a variety of financial instruments which are very essential for government and other institutions in need of long term funds. The data was o...
Abstract: Background: Human metapneumovirus(HMPV) and respiratory syncytial virus (RSV) are the leading causes of viral severe acute respiratory diseasein childhood. They are related viruses from the Pneumoviridaefamily andshow overlapping clinical, epidemiological and transmission features.Whether the two viruses also share similar patterns of geographic spread remains unknown; this may provide insight on common modalities of control. Materials and Methods:Using 232 HMPV and 842 RSV attachm...
CHAPTER ONE INTRODUCTION 1.1 Background of the study Poverty has been the hardest challenge facing human life from time immemorial. It has contributed to low social-economic states in society and has brought absent difficult circumstance that face learners today. It has negatively affected all people regardless of age, culture, race, religion and other factors. On overview of some facts about poverty in the world of South Africa the black Americans suffered untold miseries ranging from diseas...
ABSTRACT This study set out to examine the impact of financial inclusion in poverty reduction in SubSaharan Africa. Using a representative sample of 40 countries from the region covering a period from 2010 to 2014, the study examines the level of financial inclusion among the countries in the region. Sarma’s (2008) approach was used in computing the index of financial inclusion for the 40 countries in the study. The study also examines the factors that determine financial inclusion in Sub...
Abstract The misconception of services as being nonproductive has led to the neglect of the service sector in both economic theory and applied economic researches. The Nigerian economy highly depends on the oil sector to generate revenue for the entire economy. This study examines the response of economic growth to the dynamics of the service sector in Nigeria from the windows of governance indicators. Using annual data series, endogenous growth model and autoregressive distributed lag techn...
ABSTRACT The existence and nature of a link between inflation and Economic growth has been the subject of considerable interest and debate. High and sustainable Economic growth and low inflation are two of the main objectives of macroeconomic policy. Hence, if high inflation is harmful for an economy and low inflation is beneficial, then it is reasonable to ask, what is the optimal level of inflation for an economy? In general, is there any link between inflation and Economic growth? In this ...
THE IMPACT OF MONETARY POLICY ON ECONOMIC ROWTH IN NIGERIA ABSTRACT This study examined the effect of monetary policy on the Nigerian economic growth and also ascertained the relationship between the monetary policy and interest rate target, for the period of 2000-2014. The data used in running the analysis are Broad money supply (M2), Real interest rate (RIR), Real exchange rate (REXR) and Gross domestic product (GDP). The data was sourced secondarily from CBN statistical bulletin 2014...
Abstract: This study focused on the examining the effects of politics trade in East African Community (EAC) trade and economic integration, with the European Union (EU) examined as setting the pace and can be used as a model in helping other regions to achieve a robust Regional Economic Integration. Regional Economic Integration has enabled countries to focus on issues that are relevant to their state development in many African countries, as well as encourage trade between neighbors. The fo...
ABSTRACTThe term unemployment can be defined as an economics condition marked by the fact that individual actively seeking jobs remain unhired. Unemployment is expressed as a percentage of the total available work force. The level of unemployment varies with economics conditions and other circumstances. This is mostly seen in graduate of various institutions of learning especially in under developed nations like Nigeria. The study was designed to investigate the impact of unemployment on econ...