While there's an outsized consensus within the empirical literature on the negative impact of corruption on the economic process, some studies still argue that corruption could also be economically justified. There is, however, little empirical evidence to validate the impact of corruption on economic growth within the devolved units. The effect of the corruption rate on the economic activities is examined using ordinary least squares regression analysis and Kenya county-level data. The resul...
ABSTRACT While many studies have tested the theoretical essence of education or income on maternal mortality, none has studied these relationships in the long term. Researchers have paid very little attention to assessing the impact of income or education on maternal mortality in SubSaharan African countries with different income statuses. Using panel data on forty-three SubSaharan African countries over the period 1980 to 2010, along with the modernization theory, the study unravels the pote...
It is argued that while increase in budgetary allocation to social services is highly desirable, it is not sufficient to guarantee enhancement in better health outcome. This paper links public health expenditure, economic growth and health outcomes and the causality among them using Nigeria data. The finding suggests increase in public health expenditure has decreased infant mortality rate while infant mortality rate is negatively correlated with economic growth. Interestingly, the direction ...
ABSTRACT The urgent need to establish a financial institution that will carter for the development of various sector of the African economy brought about the emergence of the African development bank. Also when the African government realized that the central bank are commercial banks could not provide bring financial developmental services, the development banks were specially established to bring the gap. The objective of the research is to appraise the activities of ADB and highlight the e...
1.1 INTRODUCTION¬---------1 2.1CONCEPTUAL REVIEW--------6 2.1.1The Concept of Education --------6 2.1.2The Concept of Economic Growth------7 2.2Theoretical Review--------8 2.3.Empirical Literature Review-------9 3.1 Sources of Data --------11 3.2Method of Data Analysis -------11 4.1UNIT ROOT TEST--------12 4.2ANALYSIS OF COINTEGRATION TESTS----14 4.3OLS RESULT---------15 5.1CONCLUSION AND POLICY RECOMMENDATIONS ---17 Reference----------18 Appendix----------21 ABSTRACT Any nation ...
ABSTRACT External borrowing is a source through which many countries source revenue for development and economic growth of their countries. But this revenue can only help solve the problems of gross under – development when judiciously utilized. The burden of Nigeria’s external debt is more than the country can bear and the state of economic growth in the country is hampered due to debt crisis. The debt problem facing Nigeria is concerned on how to stop incurring more debts an...
BACKGROUND OF THE STUDY In any nation, there arem basically four objectives or goal of micro- economics policies. i. High level of employment ii. A reasonable stable price iii. Rapid economic growth and maintenance of equilibrium in the international balance of payment. The last objective (balance of payments stability is very crucial since then basic condition of th...
THE ABSTRACT Africa had been referred to as the Dark Continent for several reasons prior to the era of expeditions which opened the continent up. European Anthropologists formulated several ideas about the continent and its peoples; most of which were derogatory, describing the African in the primitive stage as uncivilized backward and lacking any sense of decency. Before the advent of Missionary activities Africa was awash with Traditional Religious activities which the Missionaries found un...
ABSTRACT The research work studied the national savings and Nigerian economic growth, spanning from 1970-2007. The study adopted Ordinary Least Square (OLS) single equation model. Using time series data over the period, the work shows that National Savings is not significant at SY level and it granger causes real gross domestic product. The study also shows that exchange rate is significant in its contribution to economic growth. The investment as one the of explanatory variables is signific...
ABSTRACT The study examined the transformation of white settler agriculture in the Molo area during the colonial period. Settler farming was an important aspect of the colonial economy in Kenya. Settler farming in Molo area was introduced due to a combination of economic and geographical factors. The study first discussed the origin of European settlement in Molo in the early colonial period up to 1918. The study further examined agricultural changes in the inter-war period (1919-1938) in Mol...
Abstract The study was done to investigate the effect of FDI on economic growth in Kenya, to determine the influence of institutional quality on the effect of FDI on economic growth, and to determine the effects of structural breaks on economic growth in Kenya. This was based on the failure of the reviewed studies to capture the role of institutional quality in this effect. Markets that are likely to persist in low-quality-institution jurisdictions are those in which exchange is simultaneous...
Abstract The title of this study is Foreign Aid and Economic Growth in Uganda (2000 to 2010). Its objectives were; to establish the trend of Foreign Aid in Uganda (2000-2010), to establish the trend of GDP growth of Uganda (2000-2010), to investigate the relationship between Foreign Aid and GDP growth in Uganda (2000-2010), the hypothesis of the study was there is no relationship between Foreign Aids and GDP growth in Uganda. Analysis such as Correlation, regression analysis mechanisms ...
ABSTRACTThis 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 ob...
ABSTRACT The study examined an empirical investigation of the impact of investment in human capital on economic growth in Nigeria, using time series data from 1980-2014. This paper employs descriptive analysis, trend analysis, causality tests, and the ordinary least square technique. Empirical findings however indicate that there exists a negative relationship between government expenditure on education and economic growth, but there exists a positive relationship between health expendi...
ABSTRACT External borrowing is a source through which many countries source revenue for development and economic growth of their countries. But this revenue can only help solve the problems of gross under – development when judiciously utilized. The burden of Nigeria’s external debt is more than the country can bear and the state of economic growth in the country is hampered due to debt crisis. The debt problem facing Nigeria is concerned on how to stop incurring more debts and device a...