The study examined the effect of rapid population increase on economic growth in Nigeria. Data was collected from well structured questionnaire administered to the residents of Ondo state. Data collected was analyzed using mean, standard deviation, frequency counts and percentages. Findings revealed that Human capital development has positive impact on economic growth in Nigeria. It was also discloded thst population growth has great effect on economic growth. Similarly, findings revealed th...
ABSTRACT Study used multivariate vector autoregressive model (VAR) to investigate the impact of foreign direct investment (FDI) on economic growth, and assess the determinants of FDI inflows in Uganda for the periods between 1986 and 2016. Interpretations of results are based on GrangerCausality and innovation accounting (variance decomposition and impulse response functions). The study finds that international capital flows are of great importance in stimulating economic growth in Uganda. Re...
ABSTRACT The Kenyan economy is predominantly informal. The informal sector employed 132,100 workers in 1974; and 13,442,200 workers in 2016, which translate to 19 percent and 84 percent of the total work force in the respective time periods. The government has from 1986 put in place policy measures to develop the sector for employment creation, economic growth, and poverty alleviation. Among the country‟s Big Four Agenda as contained in the Medium Term Plan (2018-2022), is the development o...
ABSTRACT. Twenty-three years after the end of apartheid in South Africa, this study takes stock of how the government has managed to address the consequences of apartheid and lay the basis for a durable and broad-based improvement in living standards for blacks and the general populace at large. It recognizes the many achievements in economic policymaking during this period, while also emphasizing the substantial challenges that remain ahead and are still haunting the blacks like a ghost from...
TABLE OF CONTENTS TITLE PAGE APPROVAL PAGE DEDICATION ACKNOWLEDGEMENT TABLE OF CONTENT CHAPTER ONE 1.0 INTRODUCTION 1.1 AIMS AND OBJECTIVES 1.2 STATEMENT OF PROBLEMS 1.3 RESEARCH METHODOLOGY 1.4 SIGNIFICANCE OF THE STUDY 1.5 SCOPE OF THE STUDY REFERENCES CHAPTER TWO 2.0 LITERATURE REVIEW 2.1 HISTORICAL BACKGROUND 2.2 DEFINITION OF TERMS 2.3 STRUCTURE OF TAXATION 2.4 IMPACT OF TAXATION ON THE ECONOMIC DEVELOPMENT OF NIGERIA 2.5 PROBLEMS OF EFFECTIVE TAX ADMINISTRATION IN NIGERIA REFER...
ABSTRACT Ghana as a developing country is faced with low per capita income, low savings and slow development. Foreign aid acts as a supplement to domestic sources of financing to stimulate economic growth and development. This study examines the short and long run relationship between foreign aid and economic growth in Ghana spanning the period 1980 to 2013. The study also examines whether foreign aid in Ghana is subject to diminishing returns. The study employs the ARDL Bounds testing techn...
Contraceptive prevalence was already high in developed countries in 1960 – 1965 (67 percent) and it remained over time at 69 percent in 2005 and 67 percent in 2007 United Nations (2007). On the other hand, contraceptive prevalence – an originality in developing countries at 9 percent in 1960 – 1965 prolonged to 59 percent in 2005 and 62 percent in 2007 United Nations (2007). The sharpest increase in contraceptive prevalence occurred between the late 1960s and 1980s. This was also the p...
ABSTRACT Every time the economy recesses the role of government intervention as proposed by Keynes again reiterates. However the nature and magnitude of these policies are important to note. It is on this premise that this study examines the impact of oil revenue fluctuations and fiscal policy response on economic growth in Nigeria. The study used data from the Central Bank of Nigeria (CBN) Annual Reports and Statistical Bulletin, the World Bank Indicators and National Bureau of Statistics. T...
The modern devolution development across the globe has been in part driven by assertions of a supposed ‘economic dividend’linked with the devolved expenditure. There is however, little empirical evidence to validate these assertions in Kenya. Most empirical studies across different countries have used different methods of analysis, different time periods and diverse techniques of measuring variable which have generated mixed conclusions and others are inconclusive. More so, in Kenya ...
ABSTRACT The study investigates the effect of external debt on economic growth in Nigeria. The study however investigates the level of real Gross Domestic Product vis-à-vis external debt, external reserve, debt service and government expenditure. Ordinary Least Square [OLS] is used to estimate four major macroeconomic variables in order to justify their effects on economic growth. The results of the findings further suggest that external debt has a significant impact on the level of econ...
ABSTRACT This paper underscores the importance of entrepreneurship as a realistic mechanism for sustainable economic growth in Nigeria considering the experiences of developed nations like the United States and vibrant economies like China and India. The paper discusses that entrepreneurship has been instrumental in economic growth, balanced regional development and job creation in most dynamic economies, where technology is changing at a faster rate and the product lifetime cycle is shrinkin...
A general conception is that investment induces economic growth, but there is still debate over which type of investment contributes more to economic growth. The disaggregation of investment into public and private components allows estimation of the impact of the two types of investments on economic growth. This research, therefore, empirically estimates the relationship between each investment component against economic growth by constructing panel data for Ghana and Kenya from 1991 to 202...
Abstract The thrust of this paper is on personality cult as a cultural residuum in Africa. The idea of personality cult as known in the Igbo worldview (Africa) is that of the ancestors. The ancestors are the police of their individual families, who keep surveillance on their descendants. Though dead, they continuously participate in the holistic family activities. Viewing from this lens using observation and phenomenological methodology of study, it is pertinent to understand that different...
This study examined the relationship between foreign direct investment (FDI) and economic growth in Sudan from 1999 to 2011. Its objectives are mainly to i) determine the level foreign direct investment in Sudan from 1999 to 2011, ii) establish the level of economic growth in Sudan from 1999 to 2011, iii) find out the relationship between foreign direct investment (FDI) and economic growth in Sudan from 1999 to 2011. The study findings revealed that the level of foreign direct investment in S...
Abstract Stock markets in developing countries have been likened to “casinos” as a result of the general perception that they do not contribute to economic growth. Very few studies have tried to specifically examine the situation in Ghana with varying results. Most studies employing OLS have found a positive relationship between the variables whiles those that have employed ADRL or VEC, have often found a negative stock market and growth nexus in Ghana. Research, however, shows that, OLS ...