WP/04/97 Achieving and Maintaining Price Stability in Nigeria Nicoletta Batini © 2004 International Monetary Fund WP/04/97 IMF Working Paper Research Department Achieving and Maintaining Price Stability in Nigeria Prepared by Nicoletta Batini1 Authorized for distribution by James Morsink June 2004 Abstract This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent
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City University of Hong Kong Department of Economics and Finance Semester B 2013–2014 EF2401 Economics II Instructor: Dr. KUNIEDA‚ Takuma Office: P7318‚ Academic Building‚ Level 7‚ Lift 6 Phone: 3442-7960 Email: tkunieda@cityu.edu.hk Office Hours: To be announced 1 Objectives and Outcomes 1.1 Objectives The main objective of this course is to introduce students to the basic principles of macroeconomics. Students will learn to apply macroeconomic analysis to the business world and other
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Economic growth is an important macroeconomic objective for any country. Monetary policy has direct relation with economic growth and states monetary policy as the arrangements which are planned to control supply of money in a country. In many countries the basic aims of the monetary policy are to stabilize prices‚ keep the balance of payment equal‚ promote the employment and increase in economic development (Osinubi‚2006). Since the foundation of State Bank of Pakistan in 1948 it has playing its
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6 Significance of the study 1.7 Scope of the study 1.8 Organization of the study 1.9 Definition of terms. CHAPTER TWO: LITERATURE REVIEW 2.1 Theoretical framework 2.2 Concept of monetary policy 2.3 Instrument of monetary policy 2.4 Monetary policy and inflation control 2.5 Problems associated with inflation control CHAPTER THREE: RESEARCH METHODOLOGY 3.1 Research Design 3.2 Sources of data collection 3.3 Method of Data collection
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Management Review Vol. 1‚ No. 11; July 2012 INFLATION TARGETING AND MONETARY POLICY INSTRUMENTS: EVIDENCE FROM NIGERIAN AND GHANA Osuji Casmir Chinaemerem Department of Accounting‚ Banking & Finance Delta State University‚ Asaba Campus. Delta State Nigeria. & Akujuobi‚ L.E (Ph.D) Department of Financial Management Technology (FMT) School of Management Technology Federal University of Technology‚ Owerri (FUTO) PMB 1526 Owerri‚ Imo State‚ Nigeria ABSTRACT This paper attempts to examine whether or not one of
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The Role of Capital Market on Economic Growth in Nigeria (19802008) Usman Owolabi Akeem‚ Phd Faculty of ManagementScience‚PMB4000‚ LAUTECH‚Ogbomoso‚Nigeria e-mail-labisky@yahoo.com‚ Tel:+2348036675099 Abstract The capital markets play important roles in the economy growth of the market. A well functioning market insures that both corporation and investors get or receive fair prices for their securities. It examine the impact of capital market on the Nigeria economy and also examine how stock
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Governor Central Bank of Nigeria GROWTH PROSPECTS FOR THE NIGERIAN ECONOMY Convocation Lecture delivered at the Igbinedion University Eighth Convocation Ceremony‚ Okada‚ Edo State‚ November 26‚ 2010 GROWTH PROSPECTS FOR THE NIGERIAN ECONOMY Sanusi Lamido Sanusi‚ CON Governor Central Bank of Nigeria 1.0 INTRODUCTION Nigeria’s economic aspirations have remained that of altering the structure of production and consumption patterns‚ diversifying the economic base and reducing dependence
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Interests in the study of economic growth and development have been on the increase especially since the middle of the present century. Economic growth results in the expansion of a country’s production possibility curve such that the potential output of the country is increased beyond the previous levels. Thus growth is often defined in terms of a sustained increase in the real per capita income of a country. Simon Kuznets in (Todaro‚ 1885)‚ defined a country’s economic growth as “a long term rise in
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Monetary policy is the government or central bank process of managing money supply to achieve specific goals‚ such as constraining inflation‚ maintaining an exchange rate‚ achieving full employment or economic growth. Monetary policy can involve changing certain interest rates‚ either directly or indirectly through open market operations‚ setting reserve requirements‚ or trading in foreign exchange markets. It must be universally agreed that low and stable inflation is a primary and essential goal
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ON THE NIGERIA ECONOMY (1989 - 2009) ABSTARCT This study is meant to examine the effect of external debt on gross domestic product using econometric analysis. The research revealed that Nigeria’s external debt has contributed immensely to the gross domestic product. This has affected investment on the domestic productivity and hence invariably affected the economic growth and development. Due to the macroeconomics distortion in the economic growth and development
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