Nigeria is the largest economy in Africa; in 2013 its population was in excess of 170 million, with GDP of over US$500 billion (World Bank 2014). The continent’s biggest oil exporter is also home to large natural gas reserves. The economy has recorded considerable acceleration in growth; real GDP grew by 6.3 per cent, 7.6 per cent, and 7.4 per cent in 2009, 2010, and 2011 respectively. Despite this, poverty is persistently high, and the structure of the economy is that of a typically under...
ABSTRACT This study sought to determine the effect of real effective exchange rate on economic growth in Ghana using annual data for the period 1984 to 2014. The study employed the Auto Regressive Distributed Lag Estimation technique as well as the Bounds Testing approach to cointegration to establish a long run relationship between Economic Growth and Real Effective Exchange Rate in Ghana. The result suggests that real exchange rate, capital stock, and labour force exert a positive and stat...
This study theoretically and empirically set out to investigate the Deregulation of the Nigerian Oil sector and its economic growth. Theoretical and conceptual propositions of the Benign Perspective of Natural resource abundance beneficial to growth revealed that the oil sector affects the country’s economic growth and various economic policies of subsidy and deregulation in this sector certainly affects the economy. Variables of the oil sector such as exchange rate, foreign direct investme...
Abstract: The tourism industry has developed remarkably since the Second World War to turn out to be the world’s major economic activity. Moreover, tourism has become one of the greatest vital pushers for economic development in numerous countries. Most literature highlights that tourism carries the growth of economies of numerous countries. Tourism does not only contribute to the positive stimulation of the economy, but it also generates employment and revenue. Lesotho is rich in tourist ...
ABSTRACT Micro-entrepreneurs have opened up international markets, increased exports and created employment worldwide. However, among many of the Africa informal economies, approximately 400,000 micro-entrepreneurs do not survive 3 years and 90% remain survival-focused. Previous researches have failed to analyze the benefits and inefficiencies of affective networks together. Empirical evidence on how micro-entrepreneurs can overcome restraining effects of affective networks is limited. Empiri...
ABSTRACT The study was carried out to determine the relationship between the level of inflation and the level of economic growth (growth rate) in Uganda between 1980-2010. The study used the expostfacto research design and descriptive co relational survey design. The researcher also used annual statistical records about inflation rate as measured by consumer price index (CPI) and growth rate. The researcher used purposive sampling strategy in the process of data collection and used record s...
ABSTRACT This study seeks to offer a comprehension of African idioms used in composing for the piano. Works analysed have explored the wider possibilities of the seven-tone scale system and the resources of the five-tone scale form. All works analysed are examples of ways in which traditional material may be lifted from its original context and modified to create a completely new piece. The works are deep and meaningful attempts to change African traditional music structure. They demonstrate...
ABSTRACT This study was aimed at examining the role being played by the small and medium scale enterprises towards economic growth of an economy with E-nugu state as our case study. From the study, it was observed that indeed, small and medium scale enterprises contribute to the economic development of Enugu state. Lack of adequate finance was identified as one of the mayor problems hampering the development of small and medium scale enterprise in Enugu state. In order to provide a sound th...
ABSTRACTThis research is set to investigate the relationship between tourism and economic growth in Kenya. Its objectives were; to establish the trend of Tourism in Kenya (2002- 2011, to establish the trend of GDP growth of Kenya (2002-2011), to investigate the relationship between Tourism and GDP growth in Kenya (2002-2011). The hypothesis of the study was there is no significant relationship between Tourism and GDP growth inKenya time series analysis such Correlation ana...
ABSTRACT The East Africa Revival Movement (EARM) has had a great impact on many of the protestant churches in Eastern Africa for many years, renewing their life and offering to individuals the challenge of a deeper experience of salvation in Christ and more radical commitment to Christian discipleship and evangelism. The Revival Movement is considered to have contributed significantly to the growth of the church in East Africa, despite having other revivals that emerged in the region. Howev...
ABSTRACT This study examines the relationships between board structures, intellectual capital and the performance of banks in Africa. Specifically, the study draws insights from the resource-based view and signalling theories to hypothesize that the relation of board structures to performance of banks is contingent on intellectual capital; that relationship between intellectual capital and performance of banks is non-linear; and that the disclosure of intellectual capital in corporate annual ...
ABSTRACT The study of the effects of telecommunication on economic growth Mogadishu state of Somalia was carried out on Hormuud Telecom. The study had three objectives. To examine the impact of Homiuud Telecommunication Company on improving people’s standard of living in Mogadishu. To establish the contribution of Hormuud Telecommunication Company on employment creation in Mogadishu of Somalia. To assess the relationship between Telecommunication and economic growth in Somalia The study ...
ABSTRACT Research shows that Africa’s growth in international Internet capacity outpaces all other regions of the world. Between 2014 and 2015, the internet bandwidth in Africa grew by 41% and by 51% when compounded annually over the past five (5) years ("Africa leads world in Internet growth | TechCentral", 2017). This has led to the proliferation of online applications and electronic commerce. This project seeks to develop an online auction application for the Ghanaian market in an effort...
ABSTRACT I would like to express my thanks to Prof. R. G. Howarth for his encouraging and patient supervision of my work over many year.s. !t .is largely due to his pioneering and inspiring interest in South African literature that I was able to complete my work in the face of almost insurmountable difficulties.. My thanks also go to Prof. E. Westphal for his supervision and help. I am indebted to Mrs. P .E. Stevens, librarian in charge of the Special Collection section of Jagger Library, and...
Abstract: The relation between economic growth and unemployment is being studied throughout a diverse set of contributions over the last years. Taking into account the current economic situation, this topic is regaining attention amongst economists essentially due to the importance of this relationship as a way to overcome the high unemployment rate that has been characterizing the Nigerian labour market. This paper examined the relationship between unemployment rate and economic growth ...