Effects of inflation on growth of nigerian economy
This research therefore aims to investigate the impact of inflation on non-oil export in nigerian economy 12 statement of the problem the growth of nigeria’s non-oil exports has been sluggish and non-encouraging in the post-independence period. The effect of inflation on the nigerian economy several definitions of inflation are in existence inflation is a situation in which there is price level or in which there would be such a persistent upward movement but for the presence of direct control over prices. Established positive and significant affiliation, while unemployment, and inflation rate negative sustainable economic growth in nigeria spanning from 1999 to 2016 the justification for the which therefore has effect on the nigeria economy.
Money supply and inflation in nigeria: implications for national development olorunfemi sola, adeleke peter money supply and the subsequent effects on the economy through high general price levels inflation, in the mid 1990’s, became worse due to inflation in nigeria was the focus of egwaikhide et al (1994) , who used time. The effect of inflation (price instability) in the growth and development of the nigerian economy cannot be over- emphasized today we commonly hear about different kinds of inflation indeed the world inflation is often used synonymously with “price increase. Rate and total public expenditure have significant impact on economic growth in nigeria, while inflation and unemployment has inverse effects on growth in nigeria the possible justification for the inverse effect of inflation on.
Inflation may regard a national economic growth for various reasons including he redistributive effects discussed earlier, or because the inflation was not expected, or because of the nature of the inflation itself when warrants particular types of control measures. This paper attempts to empirically examine the impact of investment and inflation on economic growth performance as well as showing the trend analysis between inflation and investment in nigeria. The rational of the study is important to people of nigeria to know the effects of inflation in an economy as we have know what inflation is all about and as well the effect it has in an economy, we need to fight it very seriously to prevent it coming to our economy because it may come in, the economy is to suffer much on it. H0: inflation has no significant effect on the nigerian economy growth 16 significance of study the study will be of immense benefit as it will enlighten the public on the importance of inflation targeting.
This research project study titled effect of inflation and interest rate on economic growth of nigeria and contains concise and needed information this research project study titled effect of inflation and interest rate on economic growth of nigeria and contains concise and needed information 24/7 support, call us now: +234 816 531 2322. Effect on the nigerian economy it ascertained the relationship between inflation and economic growth as well as the inflationary effect and the means of controlling inflation on the nigeria economic growth the study covered the ten year period from 2002 to 2012 and adopted an expos-facto research design the ordinary. High monetization of the economy and thus real gdp growth which in turn causes high inflation impressively, however, inflation turned out to be in a single digit in 2006 and 2007 but rose sharply to 1510 per cent in 2008 which is a hindrance to the proposed inflation targeting. The broad objective of this study is to ascertain the effect of unemployment on economic growth in the nigerian economy the specific objective of this study includes to determine the impact of unemployment on output level in the nigerian economy. Dynamics of inflation and its effect on economic growth in nigeria became crucial to researchers, policymakers, central bank of nigeria and others based on inflationary perspective, our state of nation has been captured thus.
Among savings, inflation and economic growth in nigeria using the 2-stage least squares (2sls) method the study found inflation and real interest to be negatively related with economic growth while exchange rate has positive effect on economic growth also economic growth, unemployment and real interest rate negatively affected inflation rate. They believe that persistently high inflation can have damaging economic and social consequences income redistribution : one risk of higher inflation is that it has a regressive effect on lower-income families and older people in society. Effect of inflation and interest rate on economic growth of nigeria return to previous page effect of inflation and interest rate on economic growth of nigeria $ 2000 $ 1100-45% be the first to review “effect of inflation and interest rate on economic growth of nigeria” cancel reply your email address will not be published. The effect of inflation (price instability) and unemployment in the economic growth and development of the nigerian economy cannot be over-emphasized the nigerian economy has remained largely underdeveloped despite the huge human and natural resources.
Effects of inflation on growth of nigerian economy
Inflation and capital market performance: the nigerian outlook may enhance economic growth of the nation (donwa and odia 2011) osaze (2009) sees the capital market 1 evaluate the determinants and effects of inflation on nigerian economy 2 determine the long run effects of inflation on. Abstract- this paper examines the effect of inflation and economic growth on unemployment in sri lanka for the period 1990-2012 to achieve this objective, secondary data has ent and nigerian economic growth for the period 1985-2009 the study recommends that the agricultural sector impact of inflation and economic growth on unemploy. This study investigated the impact of inflation on investment and economic growth in nigeria since nigerian financial sector liberalization is anchored on interest rate and exchange rate deregulation and the inflation targeting monetary policy, therefore exchange rate was incorporated in the study. The effect of inflation on savers and investors is that they lose purchasing power whether you've buried your money in a coffee can in the backyard or it's sitting in the safest bank in the world, it is becoming less valuable with the passage of time.
Abstract: this study investigated the effect of fiscal policy on economic growth in nigeria the main objective is to analysis how various components of fiscal policy have contributed to the growth rate of the nigerian economy this study uses secondary data which were obtained from the statistical. This study is on inflation rate and economic growth in nigeria between the period 1980 and 2013 the main objective of the study was to investigate the nature of relationship between inflation rate and economic growth rate. The tobin effect of inflation on economic growth of nigeria tobin, another neoclassical economist, (1965) developed mundell’s model further by following solow (1956) and swan (1956) in making money a store of value in the economy. Having a view on the impact of inflation on nigeria economy and realizing that the problems caused by the impacts of inflationary growth is becoming unbearable to the citizens and the entire economy, of becomes necessary to critically analyzed the impact of inflation on nigerian economic growth (1980-2006.
Inflation and economic growth in nigeria: detecting the threshold level dampening effects towards the end of 2005 fig 1(a) shows the trend in inflation rate and economic growth in nigeria between 2005:q1 and 2012:q1 during q1, 2006, real gdp fell from 84 per cent in the preceding quarter to about 71 per cent it fell further to. Impact of inflation on nigeria economic growth 1981-2016 download the project from chapter one to five with reference inflation on nigeria economic growth is a trending issue in the lips of every actor in nigeria given the current double digit inflation rate @ 1863 in nigeria. The effect of inflation and interest rate on economic growth of nigeria (a case study of first bank) by blessing ugan july 9, 2018 project topics , project topics in banking and finance , project topics nigeria no comments.