EFFECTS OF INFLATION ON INVESTMENT IN NIGERIA, 1987-2011
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Some recent studies have found cross-country evidence supporting the view that long -term growth is adversely affected by inflation (Kormendi and Meguire 1985; Fischer 1983, 1991, 1993; De Gregorio 1993; Gylfason 1991; Roubini and Sala-i-Martin 1992; Grier and Tullock 1989; Levine and Zervos 1992). Countries (especially in … Read more