ABSTRACT The study on the impact of budget deficit on economic growth in Nigeria employed time series data within the period of 34 years (1981-2015). The data was sourced from central Bank of Nigeria (CBN), National Bureau of statistics (NBS) and World Bank: World Development indicators. The series was subjected to unit root test of both ADF and PP test and was found stationary, some at level and others at first difference. The researcher further tested for short run and long run relationship...
ABSTRACT This paper investigates how the tax systems impact the country‟s economic growth and income distribution over the period 1996 to 2016. The study uses a single equation method in determining the relationship that exists between tax structures and economic growth and income inequality. This study contributes to the literature in country-specific studies particularly in Tanzania as it introduces the impact of tax structure on economic growth and income inequality. The study hence emp...
Capital flight remains significant for public officials in East Africa member states, especially since the emergenceof the foreign debt crisis and the associated drastic decline in capital inflows from developed nations and BrettonWoods institutions. Given their smaller resource base, debt accumulation and budget deficit, the problem of capitalflight in developing nations requires examination. The study examined the effect of accumulating external debt oncapital flight in East African countri...
ABSTRACT The study conducted in the Makindye Division in the areas of Munyono, Bunga, Kansanga, Kabalagala and Namuwongo aimed at establishing the relationship between Infrastructure development and economic growth by first establishing the level of infrastructure development, level of growth and the effects on the growth as the study objectives. The problem was low levels of economic growth in the Makindye Division due to poor infrastructure in the area. The objectives of the study were: to...
TABLE OF CONTENTS Title page Dedication Acknowledgement Preface Contents CHAPTER ONE INTRODUCTION 1.1 General background of the subject matter 1.2 Problems associated with the problem 1.3 Problems that the study will be concerned with 1.4 The importance of the study. 1.5 Definition of important or key terms. 1.6 References CHAPTER TWO 2.0 Literature review 2.1 The origin of the subject area 2.2 School of thought within the subject area 2.3 School of thought relevant to ...
Abstract Sudan has a fertile agricultural land, large amount of fresh water and variety of animal resources. This beside it’s distinguishable geographic location in Africa. Nevertheless Sudan is characterized by low per capita income and high dependency ratio, therefore, savings is very low in both public and private level which is constraining capital formation and economic growth, so foreign direct investment is needed to bridge the wide domestic investment- gap, but the foreign direct in...
The African Commission on Human and Peoples’ Rights was set up pursuant to the coming into force of the African Charter on Human and Peoples Rights, saddled with the responsibilities of promoting and enforcing the rights of the African people and further checkmating human rights breaches amongst its member states. This paper will contend that the commission while performing its duties is faced with numerous challenges and setbacks which tend to dissuade it, and which have in fact, hindered ...
Abstract The purpose of this study is to model volatility effects between the United States of America stock markets and volatility of the East African securities markets during the global financial downturn of 2007-2009. The period was divided into three sub-sample phases; pre-crisis:-January 2006 to December 2007; In-crisis:-January 2008 to March 2009; Post crisis:-March 2009 to December 2010. A modified Asymmetric Generalized Autoregressive Conditional Heteroscedastic (E-GARCH 4,1) model w...
Abstract: This research is considered timely because although the key donors have continued to advance foreign aid into to Kenya, there exists little economic development in the country. With three years to the deadline of achieving the Millennium Development Goals (MDGs), the country is less likely to achieve any of them. Evidently, Kenya is increasingly becoming a terrorist target especially after the Kenyan Defense Forces (KDF) ventured into Somalia to fight the Al Shabaab. Increased fore...
Abstract: Efforts at promoting free trade in the continent, and thus boosting intra-Africa trade are aimed to be achieved through the various regional trading arrangements. In the East African Community, the six member countries (Burundi. Kenya. Rwanda. South Sudan. Tanzania and Uganda) have ratified a set of protocols and treaties and thus committing themselves to progressively eliminate all bathers to trade. However, intra-regional trade remains significantly low as a result of persistent ...
ABSTRACT In recent decades, the main and potential contribution of agriculture to economic growth has been a subject of much controversy among development economists. Assome contend that agricultural development is a pre—condition forindustrialization, others strongly object it and argue for a different path. Takingadvantage of ordinary least square method (OLS), the research carried out bymeans of secondary data and using the, independent variables. Real grossdomestic product (RGDP), Agric...
MTN as a South African company was license to operate in Nigeria in February, 2001 and is undoubtedly one of the leading telecommunication companies in Nigeria with its presence in over 21 countries of Africa and the Middle East. With over 54 million subscribers in Nigeria, MTN Nigeria is unarguably the biggest GSM service provider in the country that keeps expanding its business frontiers and recording unprecedented turnover in Nigeria and even beyond. MTN Nigeria over the years has creat...
ABSTRACT Small and Medium Size Enterprises (SMEs) play an important role in the economic development of nations. In Ghana SMEs are the key providers of employment and income, and the drivers of innovation and growth in the economy. Observing from statistics available however, it is very disturbing to note that the failure rate of SME businesses is quite high, while surviving SMEs are not able to sufficiently expand to provide the needed employment necessary to stimulate economic growth. Again...
ABSTRACTThe project work is the impact of non-oil export to Nigerian economy between the period of 1980-2010. The main objective of the study is to find out the extent of the contribution of non-oil export sector to the Nigerian economy. In examining this researcher formulated null hypothesis (HO) stating that non-oil sector has no significant impact on Nigeria’s economic growth in Nigeria. By evaluating this, the researcher adopted econometrics by applying ordinary least square (OLS) techn...
ABSTRACT The purpose of writing this paper, I have evaluated and highlight the role play by insurance companies in the nations economic development and growth. The focus in the study is on the major development with in the following sectors of the economy. Banking institution: The insurance companies have played vital roles in the development of banking institutions. These foundations of the insurance institution had helped the banks because most distressed banks are due to loan which they...