This study examines the interactive effects among road transport infrastructure development, economic growth and poverty level in Nigeria. This was with the view to providing empirical evidence on the linkages among road transport infrastructure, economic growth and poverty level. The study used secondary data. Annual time series data from 1980 to 2013 on road network, Real Gross Domestic Product (RGDP) and Real Consumption Expenditure per Capita were collected from Central Bank of Nigeria (C...
Abstract The studyinvestigated the impact of Access bank plc on the development of small andmedium scale industries in Makurdi Benue state. The study employed a surveytechnique, making use of a structured questionnaire to gather information fromsmall and medium scale industrialists/entrepreneurs and senior officials ofAccess bank of Nigeria plc branches in Makurdi local government area of Benuestate. Frequencies, percentages and charts where used to sort and describe thedata collected, w...
ABSTRACTThe work was on the impact of Government Expenditure on Nigeria Growth (1981 – 2010) dealing with secondary data from the Central Bank of Nigeria (CBN) and the National Bureau of Statistics Regression Analysis with (OLS) technique was used. Our findings indicate that there is a positive correlation between Inflation, Money Supply, Government Consumption Expenditure. While Money Supply and LGDP-I has a positive impact on the dependent variable (GDP). But the GE (Government Expenditur...
ABSTRACT In this present age where economic growth in not enough to sustain a country and its inhabitants. There is the need to establish strategies that spur its economy into development, and impact its inhabitants positively in the process. The study relates state-directed capitalism to economic development, while taking lessons from East Asian Tiger countries (South Korea, Taiwan, Singapore and Hong Kong), and taking into consideration Ghana’s context and areas where state direction is n...
ABSTRACT The main objective of the study is on the macroeconomic effect of inflation on the growth of Nigerian economy. The study however investigates the economic growth vis-à-vis inflation, Broad Money Supply and Interest Rate. Ordinary Least Square [OLS] is used to estimate the three major macroeconomic variables with a view to justifying their effects on economic growth. The results of the findings further suggest that there is significant relationship between inflation and economic ...
ABSTRACT This research work studies the international competitiveness of the Nigerian economy in the global market by analyzing the relationship between trade openness and output growth in Nigeria. Using time-series data over the period 1970-2007, we show that output growth of the Nigeria economy is a function of two sets of shocks; (i) external shocks (openness and real exchange rate) and (ii) internal shocks (real interest rate and unemployment rate). A non-monotonic and an ANCOVA economet...
INTRODUCTION The fact remains clear that small-scale business has been and will continue to be the foundation or root of any big business today. It could be understand as economic history that many advanced countries of the world which have attained the height of industrialization, started as more small scale firm, which later metamorphosed into gigantic corporations. Nigerians desire to concentrate on developing the infant indigenous firm has always been buttressed by and reflected in a w...
ABSTRACT Oil and Gas Taxation is a major source of revenue for the Federal Government of Nigeria to meet its statutory obligations of ensuring the economic development of Nigeria. It assists the government to achieve the country’s macroeconomic objective in the areas of fiscal and monetary policies.However,it has been observed that non-provision of corporate social responsibilities in the communities where there is extraction of crude oil result into constant destruction of production insta...
The study examined the impact of the impact of government health and education expenditure on economic growth in Nigeria. The specific objectives were to: (i) determine the impact of government health expenditure on economic growth in Nigeria; (ii) ascertain the impact of government education expenditure on economic growth in Nigeria and (iii) evaluate the impact of Primary school enrolment rate on economic growth in Nigeria. This study made use of ex post-facto research design. The data anal...
PROPOSAL The Nigeria economy has been experiencing over the years the problems of unemployment, price level instability, lack of sustainable economic growth, balance of payment disequilibrium, inability to mobilize domestic saving and unsatisfactory expansion of domestic output. This has lead to the introduction of instruments of monetary policy to regulate the value, supply and cost of money in an economy in consonance with the level of activity in order to avoid excess or insufficient sup...
ABSTRACTThis study summarizes all five chapters in this report about labor force participation rates and economic growth rate in Uganda (2005-2015) .Chapter one presents the background to the study, problem statement, purpose of study, Research Objectives, and questions, study hypothesis, study scope, significance and operational definitions Labor Force Participation Rate means thenumber of persons in the labor force expressed as a percentage of the working-age. Literature...
1.0 Background to the Study In spite of the high level of globalization, international trade, financial liberalization as well as the increasing economic integration of the world as a whole, there is still a wide range of currencies circulating in the world’s economic monetary system. The International Monetary Fund with 188 member countries has more than 150 currencies. As Mundell (1961) writes: “If some spaceship captain came down from outer space and looked at the way international mon...
ABSTRACT Ghana’s achievements in advancing education and health have been remarkable. Conversely, World Bank Human Capital Report has ranked Ghana as the last but one country on harmonized test scores of children from basic to secondary school in the World. Premature births, infections and complications during and after pregnancy and maternal deaths also remain high and infrastructure challenges persist in the power sector as well as the quality of services received by Ghanaians. The study ...
ABSTRACT More than 80 percent of the population in Ethiopia lives in rural areas and their main source of income is agriculture. Agriculture accounts for 45 percent of the Gross Domestic Product (GDP) and employs 85 percent of the labour force.Export of agricultural products constitutes 86 percent of the total foreign exchange earnings. The country has taken different measures to diversify and increase the contribution of the export sector to economic growth such as; export trade duty incent...
Abstract This paper examines the theory of the resource curse in relation to Botswana and Nigeria, two countries in Africa abundant in natural resources. After reviewing existing literature relevant to the topic, this paper considers policies and regulations used in the management of natural resources from both countries in an attempt to find out how Botswana has managed to be identified as a country enjoying unmatched growth rates in Africa while Nigeria is barely taking advantage of the res...