CHAPTER ONE INTRODUCTION Background to the study The unique role of banks as engine of growth in any economy has been widely acknowledged. Banks occupy central position in the country’s financial system and are essential agents in the development process. The intermediation role of banks can be said to be a catalyst for economic growth … Read more
CHAPTER ONE INTRODUCTION 1.1 Background of the Study Agricultural sector was the main stay of the Nigerian economy before independence and immediately after it, until the oil boom of the 1970s. In the period before the 1970s, agriculture provided the needed food for the population as well as serving as a major foreign exchange earner … Read more
CHAPTER ONE INTRODUCTION 1.1 Background to the Study In a number of developing countries of the world the financial system is highly regulated. This is because of the pivotal position the financial industry occupies in these economies. An efficient system, it is widely accepted, is a sine qua non for economic growth and … Read more
CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Manufacturing activities have significant impacts on the economy of nations as their contributions, which account for substantial proportion of total economic activities of nations, play crucial roles in the development process of any economy. In 2008, Nigeria manufacturing accounted for 4.13% of the Gross Domestic Product (GDP). The … Read more
CHAPTER ONE INTRODUCTION 1.1 Background of the Study The study of dynamic relation between savings and macroeconomic shocks has received considerable attention in recent years especially in emerging economies like India. However, it is a well recognized fact that the dynamic response of savings to macroeconomic shocks can be very significant in developing countries … Read more
Abstract The determination of household expenditure and estimates are fundamental in identifying consumption patterns of the poor. It has been proven that the identification of the poor, accounts for the poverty incidence in a society. Poverty and household expenditure patterns are like the two sides of a coin, where poverty is a state of lacks … Read more
ABSTRACT Every time the economy recesses the role of government intervention as proposed by Keynes again reiterates. However the nature and magnitude of these policies are important to note. It is on this premise that this study examines the impact of oil revenue fluctuations and fiscal policy response on economic growth in Nigeria. The study … Read more
TABLE OF CONTENTS Title Page – – – – – – – – – – 2 Certification – – – – – – – – – – 3 Approval Page – – – – – – – – – 4 Dedication – – – – – – – – – – 5 Acknowledgement – – … Read more
ABSTRACT It is an undeniable fact that trade has been facilitating growth and development of countries across the world. This underscores the recent upsurge in establishing multilateral trade relationship between Nigeria and other countries especially, the G8 member countries. While these realities are still contestable in terms of the potential benefits of the trade linkage … Read more
CHAPTER ONE INTRODUCTION 1.1 Background to the Study: The role of institutional quality in sustainable development has received tremendous attention in recent time and it has been a central issue in development policies of many nations to orchestrate an insurmountable institution because of its critical position in the development of financial system and stock … Read more