1,720,966 research outputs found
An econometric analysis of the impact of Structural Adjustment Programme on Nigeria\u27s natural rubber export supply
No full textThe paper examines the impact of government policies (exchange rate devaluation) under the Structural Adjustment Programme, (SAP} on Nigeria\u27s natural rubber export supply. The author confirms that SAP policies of exchange rate adjustment and abolition of the Nigerian Rubber Board are important factors that positively affect natural rubber export supply
Exchange rate mechanism under the West African Monetary Zone (WAMZ)
No full textThis paper discusses issues relating to the adoption and implementation of an Exchange Rate Mechanism (ERM) under the West Africa Monetary Zone (WAMZ) and the conceptual issues relating to ERM and exchange rate regimes. The experiences of the European Union which operated an ERM for quite sometime before the adoption of a single currency - the EURO - are brought to bear on the discussions
Coping with Capital Flow Volatility: Policy Consideration for Nigeria
No full textForeign capital flows have, from time to time, elicited deep concerns and debates because of their tendency to be volatile besides various macroeconomic and other related effects. Generally, the volatility of capital flows, especially in the form of huge surges pose significant risks and raise concerns about excessive exchange rate appreciation and the corresponding adverse impact on exports and growth
External sector performance and the external sector policy measures in the year 2000 Federal Budget.
No full textThe paper briefly reviews the performance of the external sector in the first half of year 2000 and then goes on to appraise the external sector policy measures in the federal budget for the year under review. The study reveals that the The Presidential directive on government ministries, departments and agencies to-Patronise home-made goods as first choice is commendable. The paper suggests that if monitoring mechanisms are put in place, it will ensure full compliance. Private sector operators, individuals, should be encouraged to take a cue from government departments. The Year 2000 customs tariff measures largely address the concerns of manufacturers in relation to the inadequacies of previous tariff review exercises. Raw material imports generally attracted reduced tariff rates. The paper suggests that outstanding anomalies in the tariff policy should be redressed, and greater dialogue between government and the organized private sector on such matter is desirable
Capital account liberalization: experience from the emerging market economies
No full textThe liberalization of the capital account of the balance of payments is rooted in economic theory and is said, can help to bridge savings and foreign exchange gaps in national economics thereby promoting national growth. In the light of the foregoing, this paper explores the experiences of the developing countries in particular, the emerging market economies, in capital account liberalization
Is the structure of African economies NEPAD compliant?
No full textThis paper is organized in five sections. Following the introduction is Section 2 which outlines the goals, principles and programmes of NEPAD. Section 3 examines the structure of African economies, while Section 4 discusses the degree of compliance of the economic structure with the tenets of NEPAD. The fifth section contains concluding remarks
A Review of the 2009 Federal Capital Budget Implementation Experience: Issues and Way Forward
Get PDFThis is a review of the 2009 Federal Capital Budget Implementation Experience: Issues and Way ForwardIntroduction; Environment for budget implementation; Capital budget implementation; Challenges/constraints to budget implementation; Going forward
Poverty Reduction in Nigeria: the Way Forward
No full textThe description of Nigeria as a paradox by the World Bank (1996) bas continued to be confirmed by events and official statistics in the country. The paradox is - that the poverty level in Nigeria contradicts the country\u27s immense wealth. Among other things, the country is enormously endowed with human, agricultural, petroleum, gas, and large untapped solid mineral resources. Particularly worrisome is that the country earned over USS300 billion from one resource - petroleum - during the last three decades of the twentieth century. But rather than record remarkable progress in national socio-economic development, Nigeria retrogressed to become one of the 25 poorest countries at the threshold of twenty-first century whereas she was among the richest 50 in the early-I 970s
- …
