Download Tag: ECONOMIC GROWTH


HUMAN RESOURCES AS A CATALYST FOR ECONOMIC GROWTH AND DEVELOPMENT IN NIGERIA

ABSTRACT This research work attempts to access the importance of human resources as a catalyst for economic growth development in Nigeria. In the first chapter, the researcher introduced topic and gave the importance of human resources in economic growth and development. This was followed by a detailed review of literature in which the importance of human resources in Economic development was discussed. The concept of human resources, human resources development ...

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IMPACT OF TRANSPORTATION ON ECONOMIC GROWTH: AN ASSESSMENT OF ROAD AND RAIL TRANSPORT SYSTEMS

CHAPTER ONE INTRODUCTION Ā  One of the key factors that play a pivotal role in a regionā€™s economic growth is the presence of a reliable and efficient transportation system, this is mainly due to the fact that a well developed transportation system provides adequate access to the region which in turn is a necessary condition for the efficient operation of manufacturing, retail, labour and housing markets. Transportation is a critical ...

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ENTREPRENEURIAL DEVELOPMENT AND ITS IMPACT IN OUR ECONOMIC GROWTH AND DEVELOPMENT

CHAPTER ONE INTRODUCTION 1.1Ā  BACKGROUND TO THE STUDY The worldwide economic depression of the early 80ā€™s caused a rapid deterioration of the Nigeria economy. The output shrank to an all time local and commercial activities, which were consequently reduced, leading to the loss of employment opportunities in the country. Therefore, by the end of 1985, the unemployment situation in Nigeria had increased its proportions and as such most Nigeria graduates ...

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IMPACT OF GOVERNMENT EXPENDITURE ON ECONOMIC GROWTH IN NIGERIA

CHAPTER ONE INTRODUCTION 1.1 Background to the Study Government Expenditure no doubt is an important instrument for a government to control the economy of a nation. Economists have been well aware of the effects in promoting economic growth. Anyway, the general view is that government expenditure notably on social and economic infrastructure can be growth enhancing although the financing of such expenditure to provide essential infrastructural facilities including transport, electricity, ...

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NATIONAL SAVINGS AND ECONOMIC GROWTH IN NIGERIA

CHAPTER ONE INTRODUCTION 1.1Ā  Ā BACKGROUND OF THE STUDY Saving naturally play an important role in the economic growth and development process. Savings determine the national capacity to invest and thus to produce, which in turn, affect economic growth potential. Low saving rates have been cited as one of the most series constraints to sustainable economic growth. Growth models developed by Romer (1986) and Lucas (1988) predict that higher savings and ...

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THE IMPACT OF HUMAN CAPITAL ON ECONOMIC GROWTH IN NIGERIA

CHAPTER ONE INTRODUCTIONĀ  1.1Ā  Ā  Ā BACKGROUND TO THE STUDY The concept of human capital is a relatively recent idea in the realm of economic theory. While economists have long paid close attention to the concept of investments in physical capital in recent years they have placed emphasis on the concept of human capital investments. Largely, this shift occurred as a result of the failure of classical economistā€™s theory to explain ...

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THE IMPACT OF INDUSTRIALIZATION ON ECONOMIC GROWTH

CHAPTER ONE INTRODUCTION 1.1Ā Ā Ā Ā Background to the Study Industrialization has been regarded as a veritable channel of achieving lofty and desirable goals of improved technology and improved quality of lives of the citizens of the country. Countries develop their industrial sectors for many reasons: (i) industries have more backward and forward linkages to the other sectors of an economy; (ii) they exhibit increasing returns to scale; and (iii) they have the ...

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THE IMPACT OF MONEY SUPPLY ON THE ECONOMIC GROWTH OF NIGERIA

CHAPTER ONEĀ Ā  INTRODUCTIONĀ Ā  1.1Ā Ā  BACKGROUND OF THE STUDYĀ  In the critical observation of the recent Nigerian economic position, there has been a great divergence between the rate at which money is supplied and the exact impact it has on the general price level, which results in inflation and deflation on one hand, and the output growth (productivity) on the other hand. Although, it had occurred to our mind that Nigerian ...

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THE IMPACT OF TAX ON GOVERNMENT CAPITAL EXPENDITURE AND ECONOMIC GROWTH

CHAPTER ONE INTRODUCTIONĀ  1.1 Background of the study A Tax is a fee charged or levied by a government on a product, income, or activity. If it is levied directly on personal or corporate income, it is called a direct tax. If it is levied on the price of a good or service, then it is called an indirect tax. The main reason for taxation is to finance government expenditure ...

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MOBILIZATION OF DOMESTIC SAVINGS FOR ECONOMIC GROWTH AND DEVELOPMENT IN THE BANKING INDUSTRY

CHAPTER ONE INTRODUCTION 1.1Ā Ā Ā Ā  BACKGROUND OF THE STUDY It is universally acknowledged that the banking including play a catalytic role in t he process of economic growth and development.Ā  This acknowledgement is reinforced by contemporary conceptualism to the effect that banks are a veritable vehicle for mobilizing resources from su7plus units and tempting same to deficit unit. Banks constitute perhaps the most important segment of the financial market and played ...

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THE IMPACT OF PUBLIC EDUCATION EXPENDITURE AND ECONOMIC GROWTH IN NIGERIA: 1970 – 2010

ABSTRACT Theoretical and empirical evidences support the prime role of public education expenditure in rapid and persistent economic growth. However, available statistics in Nigeria does not seem to support this view. An average of 5.72 per cent of public expenditure was spent on education between 1970 and 2010. During the same period, economic growth was not only inconsistent, but averaged 0.6 per cent. Public education expenditure, no doubt promotes educational ...

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THE IMPACT OF HUMAN RESOURCE EMPLOYMENT ON ECONOMIC GROWTH IN NIGERIA (1990-2018)

Abstract This study verifies the impact of human resource employment on economic growth in Nigeria (1990-2018). A nation cannot experience economic growth without human capital. And for human capital to actually have any impact on economic growth some investments have to be made. Investment in human capital consists of; investment in education, training, health and other social services that will help in enhancing the productive capacity of labor. This project ...

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LARGE SCALE PRODUCTION OF RICE AND BEANS AND ECONOMIC GROWTH

ABSTRACT This study evaluate the ā€œLarge production of rice and beans and the economic growth of Kogi Stateā€. The specific objective were to: Ascertain the socio-economic characteristics and importance of ā€œlarge scale of production of rice and beans and the economic growth of Kogi Stateā€. Profitability of rice and beans and identify the major constrain to the production of beans and rice in Kogi State, and Nigeria as a whole ...

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EFFECTS OF PUBLIC EXPENDITURE TOWARDS HUMAN CAPITAL DEVELOPMENT AND ECONOMIC GROWTH

CHAPTER ONE GENERAL INTRODUCTION 1.1 BACKGROUND OF THE STUDY Economic Growth which is the quantitative increase in output of goods and services in an economy at a particular point in time (i.e. Increase in production level of every sector of the economy) is one of the most important attributes of the macro-economic goals which every economy aims to achieve but Economic Development is sustained growth in the economy accomplished by ...

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CAPITAL MARKET AND ECONOMIC GROWTH IN AN EMERGING ECONOMY

Abstract This research work examines the role of the forensic accountant in fraud detection in Nigeria with comparative analysis of public and private sectors. Forensic accountant plays a significant role in the Nigeria organizations whereby he investigates with the use of technological equipment in its assignment. The researcher employs primary data (questionnaire and personal interview) to collect data. Hypotheses were tested with the use of z- test at 5% level ...

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RELATIONSHIP BETWEEN ELECTRICITY CONSUMPTION AND THE ECONOMIC GROWTH IN NIGERIA

ABSTRACT This study empirically examined the relationship between energy consumption and economic growth in Nigeria. Time series data was generated covering the period 1970 through 2009. The study used electricity consumption and real gross domestic product to test for this relationship. By applying unit roots, the co-integration techniques, and static regression analysis, the results derived infer that there exists a positive relationship between current period electricity consumption and economic growth ...

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HUMAN CAPITAL DEVELOPMENT AND THE ECONOMIC GROWTH IN NIGERIA

ABSTRACT This study shows the relevance of human capital development to the growth of the economy. It evaluates human capital development and economic growth in Nigeria by adopting conceptual analytical framework that employs the theoretical and ordinary least square (OLS) to analyze the relationship using the GDP as proxy for economic growth; total government expenditure on education and health, and the enrolment pattern of tertiary, secondary and primary schools as ...

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THE EFFECT OF TRADE AND FINANCE ON ECONOMIC GROWTH AND DEVELOPMENT IN NIGERIA

ABSTRACT Several statistical approaches were implemented to carry out this research, in which Central Bank of Nigeria (CBN), Nigeria Institute of Economic Research(NISER), National Bureau of Statistics (NBS) were involved, informationĀ Ā were adequately collected and analysed respectively. The purpose of the study is to evaluate the effect of trade and finance evaluates the effort of Nigerian economy on the on economic growth and development in Nigeria and its impacts on development. ...

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THE IMPACT OF EXPORT PROMOTION OF ECONOMIC GROWTH IN NIGERIA

CHAPTER ONE INTRODUCTION 1.0Ā  BACKGROUND OF THE STUDY Foreign exchange is the means of payment for international transaction. It is made up of convertible currencies that are generally accepted for the settlement of international trade and other external obligation. Just like every other commodity, a market is established which works more like any other market having a supply curve, a demand curve and an equilibrium price and quantity. There are ...

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THE CONTRIBUTORY ROLE OF NIGERIAN DEPOSIT INSURANCE CORPORATION IN ECONOMIC GROWTH IN NIGERIA

CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY A bank deposit insurance scheme (DIS) is a financial guarantee to depositor particularly the small ones, in the event of a bank failure bank deposit insurance scheme developed out of the need to protect depositor, especially the uniformed, from the risk of loss and to also protect the banking system from instability occasioned by runs and loss of confidence The banking ...

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