Download or read book Contemporary Issues in Nigeria s Public Finance Fiscal Policy written by Augustus N. Gbosi and published by . This book was released on 2002 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fiscal Policy Planning and Management in Nigeria written by Oluranti S. Komolafe and published by . This book was released on 1999 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fiscal and Monetary Policy and Economic Growth in Nigeria A Comparative Analysis written by Emmanuel Elakhe and published by GRIN Verlag. This book was released on 2017-11-20 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2016 in the subject Economics - Other, grade: 3.67, , course: Development Economics, language: English, abstract: The study examined the impact of government fiscal and monetary policies on economic growth within the period of 33 years (1981-2014). Time series data were derived from the Central Bank of Nigeria statistical bulletin, while the method of analysis was the Johansen Cointegration test, vector error correction method and the Wald test of coefficient. The result of the findings showed that there is a significant relationship between explanatory variables (government expenditure, interest rate and money supply) taken jointly and the dependent variable (real gross domestic product) in the long run. The coefficient of error correction term is -0.02 showing a 2% yearly adjustment towards the long run equilibrium. This proves that there is a relationship between the dependent variable- real gross domestic product and the independent variables - government expenditure, money supply and interest rate in the long run. The estimated coefficients of the short run model indicate no significant relationship between the dependent variable real gross domestic product and independent variables government expenditure, money supply and interest rates taken together but individually a short run relationship exist between the fiscal variable (government expenditure) and real GDP and between the monetary variable (money supply and interest rate) and real GDP. The policy implication of these findings is that more strategies needs to be put in place in order to ensure that monetary and fiscal policies taken jointly positively impacts on economic growth the in the shortrun.
Download or read book Nigeria s Fiscal Policy 1998 2010 written by Adedotun O. Phillips and published by Nigerian Institute of Social and Economic Research (NISER), University of Ibadan. This book was released on 1997 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Nigeria Request for a Two Year Policy Support Instrument written by International Monetary Fund and published by International Monetary Fund. This book was released on 2005-12-19 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents Nigeria’s Request for a Two-Year Policy Support Instrument to support its reform efforts. All three tiers of government have adhered to a conservative oil price-based fiscal rule, resulting in large overall budget surpluses and a significant buildup of international reserves. The authorities have also initiated a broad structural reform program. GDP growth has been robust, benefiting from the improved macroeconomic environment and policy initiatives to spur agricultural production; and the medium-term growth outlook is favorable.
Download or read book Fiscal Policy in Nigeria written by Mr.Thomas Baunsgaard and published by International Monetary Fund. This book was released on 2003-07-01 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal policy in oil-producing countries can be profoundly affected by oil revenue uncertainty and volatility. Policy formulation should factor in the exhaustibility of the natural resources and aim at reducing oil revenue volatility passed on to the economy. Past fiscal policy in Nigeria has not been successful in this regard, since both revenue and expenditure have been highly volatile, to a large extent reflecting oil price developments. The paper discusses the role an appropriately designed fiscal rule, nested within the long-run sustainable use of oil revenue, could have in providing a more stable framework for fiscal policy formulation. It also highlights practical implementation and transitional issues.
Download or read book Fiscal Policy and Poverty Alleviation written by Benneth O. Obi and published by . This book was released on 2007 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Nigeria written by International Monetary Fund and published by International Monetary Fund. This book was released on 2007-07-31 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines Nigeria’s Third Review Under the Policy Support Instrument. Robust growth, lower inflation, a dramatic decline in debt, and an accumulation of significant reserves are among the notable economic achievements. It will be important to consolidate and institutionalize these gains as the foundations for sustained and improved economic performance. Non-oil growth accelerated and its prospects are promising. Inflation remained in line with the single-digit program target owing to a likely increase in confidence and money demand.
Download or read book Economic Policy Options for a Prosperous Nigeria written by P. Collier and published by Springer. This book was released on 2008-04-24 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book demonstrates that there is sufficient evidence on the Nigerian economy and society to inform many policy issues, and reveals the current problems and policy options that a democratic Nigeria will need to debate and resolve. It presents an agenda of reform as unfinished business.
Download or read book Fiscal Policy and Growth of the Nigerian Economy written by 'Tunde Adeoye and published by . This book was released on 2006 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fiscal Federalism in Nigeria written by J. Isawa Elaigwu and published by Adonis & Abbey Publishers. This book was released on 2007 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1966, a soft-spoken 32-year old man emerged from relative obscurity and humble background to become Nigeria's Head of State and Commander-in-Chief of the Armed Forces. His name was Lt Col (later General)Yakubu Gowon. He emerged as the compromise candidate following the political crisis that engulfed the country after the July 1966 military coup that had led to the assassination of the country's first military Head of State, General Aguiyi Ironsi. At the end of the Civil War in 1970, General Gowon's doctrine of 'No Victor No Vanquished' greatly endeared him to many, and he was variously dubbed 'Abraham Lincoln of Nigeria', 'a soft spoken but dynamic leader' 'a real gentleman' and 'an almost faultless administrator'. However, after he was overthrown in a military coup in July 1975, long knives were drawn out for him, with the hitherto friendly press and public crying 'crucify him', and now variously vilifying him as 'weak' and of managing a purposeless administration that had led to the 'drifting' of the nation. In this book Professor J. Isawa Elaigwu attempts a scholarly political biography of someone he believes has rendered great ser-vices to the Nigerian nation despite his weaknesses as a leader. He rejects the notion that Gowon's nine years in office were 'nine years of failure' as the General's ardent critics posit, arguing that if it is possible to identify a number of thresholds in his administration, it is also possible to identify the approxi-mate point in time when the strains of his administration became visible to observers and the public in general. He poses and methodically seeks answers to a number of fundamental questions: Who was Yakubu Gowon? Why and how was the reservoir of goodwill and credibility which he had accumulated by the end of the Civil War expended? What image of Nigeria did he have when he came into power? And did he ever achieve his objectives? The book, first published in 1986, has been revised and expanded for this edition ____________________________________ Dr. J. Isawa Elaigwu is Professor Emeritus of Political Science, University of Jos, Jos, Nigeria. He is currently the President of the Institute of Governance and Social Research (IGSR), Jos, Nigeria. A widely travelled academic, Professor Elaigwu's works have been widely published within and outside Nigeria. He has also served as a consultant to many national and international agencies.
Download or read book Fiscal and Monetary Policy During Structural Adjustment in Nigeria written by Akpan Hogan Ekpo and published by . This book was released on 2000 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Nigerian Economy and Current Economic Reforms written by Augustus N. Gbosi and published by . This book was released on 2007 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Impact of Fiscal Policy on Nigeria s Macro Economic Performance written by Jude Chukwunyere Iwuoha and published by . This book was released on 2020 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: This research work is aimed at answering the questions of why the unimpressive performance of the Nigerian economy, the high unemployment rate, and the increasing cost of living in Nigeria. Three models were formulated addressing the macro-economic variables -economic growth, unemployment, and inflation. It employed the distributed lag model approach in analyzing the impact of fiscal policy measures on each macro-economic variable. The results indicate that government revenue significantly reduces economic growth by 7.85% and increases unemployment by 3.33% in the following year, government debt stock significantly boosts economic growth and reduces unemployment in the following year by 1.88% and 4.3% respectively, while government expenditure boosts the growth of the economy by 5.43%, reduces unemployment by 1.09% but spurs inflation by 8.95%. It is therefore evident from the study that reducing the tax burden while maintaining fiscal deficit and growing government expenditure is still necessary if the economy must be set on the path of growth and stability.
Download or read book Perspectives on Nigeria s Economic Development Volume II written by Pascal G. Dozie and published by African Books Collective. This book was released on 2012-12-19 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria has experienced significant economic progress since publication in 1999 of the first edition of Perspectives on Nigerian Economic Development. Two main drivers of this progress have been the beneficial return to democratic rule and the implementation of key economic reforms, particularly in pursuing external debt relief, implementing excess crude account to stabilize revenue volatility, introducing contributory pension schemes and taking steps to privatize key sectors such as telecommunications. This volume is focused on issues relating to good political and corporate governance and national development; budget and fiscal policy; the Nigerian financial and capital markets and banking. Part one deals with the issues of globalisation and how Nigeria can play in the emergent environment. Part two (Managing the Nigerian Economy), Part three (Strengthening the Nigerian Banking Sector and Part Four (Entrepreneurship and Corporate Governance) proffers ways and means of handling these intertwined aspects of national challenges. The final part - Key Sector Issues deals with three vital areas - Education, Transportation, and Oil and Gas.
Download or read book Public Finance and Budgeting written by Abimaje Akba and published by . This book was released on 2008 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Nigeria written by International Monetary Fund and published by International Monetary Fund. This book was released on 2006-05-18 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: This First Review Under the Policy Support Instrument (PSI) for Nigeria reports that structural reforms are proceeding in line with the National Economic Empowerment and Development Strategy. The authorities’ commitments under the PSI primary objectives of the economic reform program include entrenching macroeconomic stability, strengthening public financial management, and reducing the costs of doing business. The Central Bank of Nigeria has developed plans to invest some of its international reserves in higher yield financial assets, and allow domestic banks to bid to be custodians for the investments.
