ABSTRACTThe earnest expectation of every economy over the year has been to attain the highest possible level of economic growth and development. This research work is on the ‘’Impact of Monetary Policy on Economic growth in Nigeria’’ between the period of thirty years (30) covered from 1980-2010. The Impact of monetary policy in an economy has been a continuous discussion in every economy especially developing economics which will give rise to economic growth and development of a nati...
ABSTRACT This study empirically examines the impact of Government Expenditure on Nigeria Economic Growth from the period of 2011 to 2020. The main objective was to examine its impact and as well as to ascertain the causal relationship between Government Expenditure and Nigeria Economic Growth. To achieve these objectives, secondary data were collected from Central Bank of Nigeria (CBN) Statis...
ABSTRACT This study examines the determinants of capital flight in Nigeria and their effects on economic growth between 1970 and 2011. In analyzing the determinants of capital flight, eight (8) variables classified as political, economic and institutional were employed. These include: Degree of Openness, Inflation rate, Gross capital formation, Change in External debt, Deposit rate, Credit to Private sector, Interest rate differentials and Government consumption expenditure (GOCE). Six model...
Abstract Most studies on private capital inflows and economic growth are cross-country and give more weight to foreign direct investment than the other components of private capital inflows. In addition, the question as to whether it is private capital inflows that promote economic growth or it is economic growth that attracts private capital inflows has not been investigated in Kenya. This study investigated the causality between foreign direct investment, portfolio investment and cross-bor...
INTRODUCTION 1.1STATEMENT OF THE PROBLEM Small and medium scale industries constitute and the bed rock of any meaningful industries nation. But inspite of this not much of small and medium scale industries have been seen on a nation wide scale in this country. The industries in this country suffers a tremendous set back ranging from specialized institutions established for the purpose and also certain government polices and activities. This study is therefore aimed at finding out the foll...
Abstract: Elephant management traditionally centers on reducing ecological impact and human-elephant conflict by controlling numbers. However, such an approach only deals with symptoms, and ignores the causes of the problem. Planning for cases when a species is a nuisance in some areas, but threatened in others, could benefit from the application of metapopulation theory. The theory offers a framework that is elegant, and have ecological as well as political appeal. Applying classic metapopu...
ABSTRACT This study examined the impact of the financial system with respect to banks and stock market on economic growth in Nigeria between 1991 and 2010. The debate among scholars on the comparative importance of banks and markets in promoting economic growth generated a lot of controversy. Some scholars argue that banks identify good projects, mobilize resources, monitor managers, and manage risk and so are better at promoting economic growth than the market. This gave rise to the bank-bas...
ABSTRACT In contrast to previous studies on the relationship between trade openness and economic growth, this study develops a new measure of trade openness. Composite Trade Intensity (CTI) was employed to generate an index to capture trade openness. The study used Trade Intensity (TI) and Relative World Trade Intensity (RWTI) dataset to create an index for trade policy openness. This new measure of trade openness improves on the results of trade openness compared with the traditional measure...
INTRODUCTION BACKGROUND OF THE STUDY The actual study for establishment of a common currency for west African state (ECOWAS) and drafting of a programme of monetary and fiscal polices of members states was between 1985 and 1986 period (Arah, 2001: 29). In response to the study, the sub-region monetary co-operation programme involving short and long term measures were seen to be economic flight (Ogwuma 1998:3). The highest level of economic integration is the monetary union, which involves...
ABSTRACT The study investigates the profitability of banks within 41 African countries from the period 2004 to 2013 at different levels of credit information sharing using the depth of credit information index to measure the extent of credit information sharing (i.e. the rules/laws and practice affecting the coverage, scope and accessibility of credit information available either through private bureaus/public registries) in Africa. The extent of credit information sharing is also disaggrega...
ABSTRACT In the light of globalization, the establishment of the World Trade Organization (WTO) in 1995, and the establishment of the Southern African Development Community (SADC) in 1992 and the Southern African Customs Union of 1969 (SACU), this research examines the approach (both internationally and regionally) towards one of the important disciplines, namely, competition policy. While the WTO-GATT Agreement of 1995, does not contain a chapter on competition law, Article 25 of the SADC P...
Background to the Study Business firms, as well as individual units, often need to raise capital. On the other hand, some individuals and firms, even governments have incomes that are greater than their current expenditure, so they have funds available to invest. But only a few individuals and institutions are in the position to provide all forms of finances needed to fund big businesses. The financial system is a framework within which capital formation takes place. In other words, it is the...
Abstract: The fall armyworm (FAW), Spodoptera frugiperda J.E. Smith, has caused massive maize losses since its attack on the African continent in 2016, particularly in east Africa. In this study, we predicted the spatial distribution (established habitat) of FAW in five east African countries viz.,Kenya, Tanzania, Rwanda, Uganda, and Ethiopia. We used FAW occurrence observations for three years i.e., 2018, 2019, and 2020, the maximum entropy (MaxEnt) model, and bioclimatic, land surface temp...
Purpose – The paper was written to highlight the advantages of initiating economic integration among Muslim countries across the globe, drawing special lessons from Europe’s experience; its successful economic integration and challenges which trailed the process. Design/methodology/approach – The methodology is basically descriptive and analytical. Theoretical construct and model on economic integration was developed for adoption by the Muslim countries. The model seeks to enhance th...
ABSTRACT This study examined the impact of the Foreign Direct Investment (FDI) on economic growth in Uganda using time series data from 1990-2016.The specific objectives of the study were: to examine the effect of FDI on Agricultural sector growth, Manufacturing sector growth, Industrial sector growth and Service sector growth in Uganda using Seemingly Unrelated Regression analysis (SUR). This method of analysis allows modeling of the sector growth rates on same set of FDI, Human capital, l...