Download Tag: ECONOMIC GROWTH

ABSTRACT The study of the nature involves a lot of deep research and understanding of the factors, which creates the effects on the subject matter. Primarily, these factors were more economical than managerial as the case may be, on the understanding that this research work is being casual out under a management setting or department. Just as the subject matter is, the impact of foreign direct investment on the Nigerian ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY Over the years, Multinational corporations (MNCs) have been a source of controversy ever since the East India Company developed the British taste for tea and a Chinese taste for opium (Stopford, 1998). A typical multinational corporation (MNC) normally functions with a headquarters that is based in one country, while other facilities are based in locations in other countries. In some circles, a ...

CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Unemployment is generally agreed to be symptom of macro-economic illness which could in Volu“bentary” volunta. When is said voluntary it means a condition where somebody chooses not to work because they have a means of support other than employment example is the idle rich man. On the other hand, involuntary unemployment exists when persons are willing to work at the prevailing rate of ...

CHAPTER ONE INTRODUCTION 1.1            Background of the Study The political, economic and social development of any country depends on the amount of revenue generated for the provision of infrastructure in that given country. However, one means of generating the amount of revenue for providing the needed infrastructure is through a well structured tax system. According to Azubike (2009), tax is a major player in every ...

CHAPTER ONE INTRODUCTION 1.1    BACKGROUND TO THE STUDY Manufacturing sector plays a catalytic role in a modern economy and has many dynamic benefits crucial for economic transformation.  In a typical advanced Country, the manufacturing sector is a leading sector in many respects.  It is an avenue for increasing productivity related to import replacement and export expansion, creating foreign exchange earning capacity; and raising employment and per capital income which causes unique ...

CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Generally, globalization can be viewed as the integration of national economics through trade, capital flows and the accompanying convergence of economic policies. It is the process whereby political, social, economic and cultural relations increasingly take on a global scale and which has a profound consequence for individual’s local experience and everyday lives (Bilton, 1997). The definition above implies that globalization operates both at ...

ABSTRACT The impact of public expenditure on agriculture in Nigeria is enormous. Government having recognized agriculture as the second highest sector after oil of which the country depends for food, employment and foreign exchange. This project work would summarize the magnitude and composition of governments’ expenditure on agricultural sector since 1960  The project also examines that contribution of agriculture towards Gross Domestic Product (G.D.P), between the year 1960 when Nigeria ...

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND OF THE STUDY Oil, a very versatile and flexible, non-reproductive, depleting, natural (hydrocarbon) is a fundamental input into modern economic activity, providing about 50% of the total energy demand in the world. (Anyanwu J.C. et al, 1997). Petroleum or crude oil is an oily, bituminous liquid consisting of a mixture of many substances, mainly the element of carbon and hydrogen known as hydrocarbons. It also ...

ABSTRACT The study of the nature involves a lot of deep research and understanding of the factors, which creates the effects on the subject matter. Primarily, these factors were more economical than managerial as the case may be, on the understanding that this research work is being casual out under a management setting or department. Just as the subject matter is, the impact of foreign direct investment on the Nigerian ...

ABSTRACT There is need for encouraging the educational sector in Nigeria and its expenditure by the federal government. The objective of this research is to find out the impact of educational expenditure to the Nigerian Economy, the null hypothesis (H0) which states that educational expenditure has no significant effect to Nigeria economy is tested against the alternative (H1) which states that educational expenditure has a significant effect to the Nigeria ...

ABSTRACT This research work examined the role of Central bank in development of Nigeria Economy (1986-2010). Secondary data were used in this research work. The hypothesis was tested to examine the significance of relationship that exist between monetary policy tools, exchange rate and interest rate on economic growth in Nigeria. The analytical techniques used were the simple regression analysis while the student t-ratio was used for the test. From the ...

ABSTRACT The impact of public expenditure on agriculture in Nigeria is enormous. Government having recognized agriculture as the second highest sector after oil of which the country depends for food, employment and foreign exchange. This project work would summarize the magnitude and composition of governments’ expenditure on agricultural sector since 1960  The project also examines that contribution of agriculture towards Gross Domestic Product (G.D.P), between the year 1960 when Nigeria ...

ABSTRACT This impact of Task incentives of Economic and industrial development of Enugu state Intends to examine the extent individuals ad companies have been responding to the incentives scheme. How these incentive have been stimulating and motivating these bodies on employment opportunities. The researcher intends to examine also how these incentives have been helping existing industrials and companies in expanding their areas of operations in Enugu ad to know if ...

ABSTRACT The basic reasons for taxation in any economy cater on the need to raise revenue for economic and social development and to guide taxpayer’s behavior. Revenue from taxation accounts for over 80% of government earnings in Nigeria, hence special attention is often paid by tax experts, economists and the larger public on how such revenue is being disbursed by government among the various economic sectors that makes up the ...

ABSTRACT As common as globalization, its conceptualization is difficult to capture, this is because of its trans-disciplinary nature. Concentrating on the economic viewpoint, the study examined the impact of trade openness (which involve the process that promotes the integration of interdependence among nations by reducing barriers to trade, migration, capital flow and technology transfer) on economic growth of selected ECOWAS member countries hinging on outward growth orientedness. Analyzing the secondary ...

CHAPTER ONE 1.1 BACKGROUND TO THE STUDY: Over the last two decades the determinants of economic growth have attracted increasing attention in both theoretical and applied research. Yet, the process underling economic performance is inadequately conceptualised and poorly understood, something which can be partly attributed to the lack of a generalized or unifying theory and the myopic way conventional economics approach the issue (Artelaris et al, 2007). Economic growth in a developing ...

CHAPTER ONE INTRODUCTION 1.1.   BACKGROUND TO THE STUDY The importance of the financial sector in any economy cannot be overemphasized given the relationship between the sector and the rest of the economy. In the era of globalization, efficient financial sector are essential to attract gains from the world market, and as well insulate the domestic economy from external shocks. The financial system could also respond to the domestic economy. ...

ABSTRACT The industrial sector remains a strong sector of any economy, be it developed or developing. The developed countries are noted for their high industrial performance. The effect of the industrial activities on the economy of underdeveloped or developing nation is still under contention. It’s a fact that the economy will not grow without its industrial activities. These activities include: agriculture, manufacturing, mining and mineral processing and export opportunities for ...

ABSTRACT This study examined government expenditure and Nigeria’s economic growth within the sample period of 1981-2015. The data for this research work (Gross Domestic Product, government recurrent expenditure and government capital expenditure) was obtained from the CBN Statistical Bulletin (2015) and analysed using ordinary least squares (OLS) technique. Gross domestic product was regressed against government recurrent expenditure and government capital expenditure. Certain econometrics tests were conducted such as Unit Root ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY The study of economic growth cannot be properly Discussed without mentioning trade as an engine of economic growth be it domestic trade or trade with other  countries. The new classical economists, for example, drawing from historical evidence from the nineteenth Century, likened trade to an “engine of growth” (Nurske, 1961). Also, Kravis (1970) dubbed trade to be the “handmaiden of growth”. It ...