Impact of Industrial development on Nigeria stock market. The potentials of capital market in Nigeria as a catalyst to economic and industrial development cannot be over emphasized. The capital market as an internal part of a country’s financial system operates at the long end of the system to mobilize resources for long term development and growth. Basically‚ the capital market accelerates growth by providing ‚relatively long term capital - debt and equity finance – for government and corporate
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Role of Government The government provides the legal framework and the services needed for a market economy to operate effectively. The legal framework sets the legal status of business enterprises‚ ensures the rights of private ownership‚ and allows the making and enforcement of contracts. Government also establishes the legal "rules of the game" that control relationships among business‚ resource suppliers‚ and consumers. Discrete units of government referee economic relationships‚ seek out foul
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Chapter III CAPITAL AND ECONOMIC DEVELOPMENT Almost all economists lay emphasis on capital formation as the major determinant of ED. Capital is a man-made factor of production. It is the one of the essentials of development found in the form of liquid cash‚ raw materials‚ tools machines‚ building etc. Deficiency of capital is the basic characteristic of UDCs. It is not possible to raise the level of productivity unless more capital is made available. Hence it is useful to study
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ECONOMIC GOALS: Five conditions of the mixed economy‚ including full employment‚ stability‚ economic growth‚ efficiency‚ and equity‚ that are generally desired by society and pursued by governments through economic policies. The five goals are typically divided into the three that are most important for macroeconomics (the macroeconomic goals of full employment‚ stability and economic growth) and the two that are most important for microeconomics (the microeconomic goals of efficiency and equity)
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UNEMPLOYMENT AND GROWTH IN NIGERIA: THE ROLE OF ENTREPRENEURSHIP Raheem Olasupo Akewushola Department of Business Administration and Management Technology Lagos State University‚ Lagos‚ Nigeria. Olawale Ibrahim Olateju Department of Business Administration and Management Technology Lagos State University‚ Lagos‚ Nigeria. Oludare Tolulope Adeyemi Dimension Consult Limited‚ Lagos‚ Nigeria ABSTRACT This paper identified crucial factors influencing the growth and development of entrepreneurship
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INTRODUCTION The focus of this paper is to examine the role of human resource development and workers commitment in organization in particular and in Nigeria as a whole. For the purpose of this study‚ the concept of human resource development and manpower development will be used interchangeably. In any organization‚ it is the workforce who is considered important assets for the achievement of organizational goals. Every industry desires to maximize its human resources to see that the best output
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Throughout 1607 to 1750 colonies in Massachusetts and Virginia were being settled and growing. These two states grew up very different from each other in aspects such as their economic development and it’s affect on their politics. In 1607‚ Jamestown in Virginia was the first permanent English settlement. It was in the Chesapeake Bay area. The people abroad the ships had ideas in their heads of digging and mining to find ways of obtaining gold‚ silver‚ and copper. It was their incentive to
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The Misconceptions of "Development Economics" The main idea in this article is how much and what kind of government intervention should take place in developing countries. Some believe lassez-faire is the solution‚ while many believe a dirigiste dogma government is needed. There are also ways of reducing poverty and distributing assets in order for countries to become more developed. Lassez-faire will only work efficiently if perfect competition is present. This is very unlikely to happen
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Abstract Over the years the management of pension scheme in Nigeria has been inundated by multiple and diverse problems arising from which retirement became dreaded by workers especially in the public service. The failures of pension schemes in the country have been attributed to poor pension fund administration‚ outright corruption; embezzlement of pension fund; inadequate build-up of funds and poor supervision. There have been several reviews of pension schemes by the federal government which
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University of Life Sciences Prague Faculty of Economics and Management World and European economy The role of logistics and transportation sector Authors: 2011 CULS TABLE OF CONTENTS Introduction 1. Logistics and transportation in global and individual economies 1.1 Major channel drivers 1.2 Competitive global marketplace of logistics and transportation 2. Logistics contribution to the economy 2.1 The close relationship between economic growth and logistics 3. Logistics and internationalization
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