The Changing Structure of the Nigerian Economy and Implications for Development PDF Download
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Author: Central Bank of Nigeria. Research Department
Publisher:
ISBN:
Category : Nigeria
Languages : en
Pages : 280
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Author: Central Bank of Nigeria. Research Department
Publisher:
ISBN:
Category : Nigeria
Languages : en
Pages : 280
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Book Description
Author: F. Akin Olaloku
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 288
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Book Description
Compilation of essays dealing with various aspects of the Nigerian economy.
Author: McMillan, Margaret
Publisher: Intl Food Policy Res Inst
ISBN: 0896292142
Category : Political Science
Languages : en
Pages : 328
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Author: Milton A. Iyoha
Publisher:
ISBN:
Category : Nigeria
Languages : en
Pages : 482
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Author: Erhunse Confidence
Publisher: GRIN Verlag
ISBN: 3346117197
Category : Business & Economics
Languages : en
Pages : 10
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Book Description
Seminar paper from the year 2020 in the subject Economics - Economic Cycle and Growth, grade: 4, Chukwuemeka Odumegwu Ojukwu University (Social Sciences), language: English, abstract: This paper examined the implication of Big-Push theory on Nigerian economic development. The theory provided an explanation of how developing countries can industrialize through broad-based investment and coordination. The paper looked at the meaning of Big-Push theory, assumptions and its implication on Nigeria economic development. If the need for a Big Push to survive in an economy that is open to international trade and capital movements, or if openness to trade and capital movements is sufficient to overcome all poverty traps, these questions have daunted development economics since its inception. The theory of the big push asserts that underdeveloped countries require large amounts of investments to come out of the problem of backwardness and launch policies for economic development. The logic behind this theory is that a programme of “bit-by-bit” investment will not have much impact on the process of growth and will only lead to a dissipation of resources. Policies designed to encourage the development of the Nigerian economy will need to be guided by the big-push theory.
Author: Ajidani Moses Sabo
Publisher:
ISBN:
Category : Nigeria
Languages : en
Pages : 230
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Author:
Publisher:
ISBN:
Category : Nigeria
Languages : en
Pages : 686
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Author: A. 'Sesan Ayodele
Publisher:
ISBN:
Category : Nigeria
Languages : en
Pages : 308
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Author: Temitope Oshikoa
Publisher: Praeger
ISBN: 0275934179
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
This book combines descriptive, technical, empirical, policy evaluation, and forecasting methodologies to provide a systematic analysis of the the Nigerian economy--the largest and most dominant economy in sub-Saharan Africa. The author develops and tests an integrated macroeconomic input-output model of the economy's workings, using it to explain Nigeria's recent economic growth and development and to forecast the country's future growth prospects. The model also enables Oshikoya to provide a source of information on estimates of the structural parameters of the Nigerian economy; to evaluate the role of government policy in determining general levels of economic activity; to study the relationships among the major economic variables and the determinants of their magnitudes, composition, and rates of change over time; and to examine the impacts of such factors as fluctuations in the world petroleum market, technological change, and external debt accumulation on economic growth in Nigeria. An ideal supplemental text for courses in development economics, this volume will also be of significant assistance in the design, formulation, and evaluation of macro-policy initiatives, forecasting, and development planning for Nigeria. Following an introductory overview, the author provides a detailed descriptive analysis of the Nigerian economy, focusing particular attention on its basic structure and the policies and events which have contributed to recent growth. He then provides a theoretical model of the Nigerian economy and presents an econometric estimation of the input-output model. A separate chapter demonstrates the model validation techniques used in the study and evaluates the tracking ability of the complete model in a historical context. Finally, the author projects growth patterns for the Nigerian economy from 1984 to 2000 and offers an extended discussion of the impact of external borrowing on the economy's current and future growth prospects. In his conclusion, Oshikoya points to the need to adapt empirical models to the special conditions of developing countries and calls for such policy suggestions as a stabilization fund to minimize the impact of cyclical oil revenue patterns on the economy, a higher priority for investment in agriculture, and a relaxation of external debt constraints.
Author: Pius Okigbo
Publisher:
ISBN:
Category : Nigeria
Languages : en
Pages : 304
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Book Description
