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THE IMPACT OF MONETARY POLICY ON BALANCE OF PAYMENT IN NIGERIA

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF THE STUDY The monetary approach to balance of payments explains the elimination of payments disequilibrium in terms of factors bringing the demand and supply of money into equality.  It treats the supply of money as endogenous by assuming a feedback from the balance of payments through changes in international reserve to changes in the monetary liabilities of the central bank and government. One important ...

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THE ANALYSIS OF THE IMPACT OF UNEMPLOYMENT AND INFLATION ON BALANCE OF PAYMENT IN NIGERIA (1980-2010)

CHAPTER ONE 1. O  INTRODUCTION 1.1     BACKGROUND The major goals of macro-economic policy are: to achieve full employment in other words maintain a low and stable level of unemployment. To maintain a relative stable level of price payment position at a fixed stable exchange rate of growth. Practically, inflation which is a persistence increase in general price level is one of the macro-economic problems facing Nigeria today. According to Ewa Udu and ...

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THE DETERMINANTS OF BALANCE OF PAYMENT IN NIGERIA (1983 – 2007)

ABSTRACT This study aimed at analyzing through econometric methodology the Determinant of Balance of payment in Nigeria. In the work, we capture balance of payment as the dependent variable while trade openness, external debt service and exchange rate as the explanatory variable. In the second page of the regression estimated we observed GDP as the dependent variable while balance of payment, trade openness exchange rate and external debt service being ...

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A COMPARATIVE STUDY ON THE OIL SECTOR AND THE AGRICULTURAL SECTOR; THE NIGERIAN EXPERIENCE ON BALANCE OF PAYMENT (1981-2011)

ABSTRACT This study aims to evaluate the oil sector and the agricultural sector in Nigeria from 1981 to 2011. The role of agriculture in the Nigerian society has been very important, even in the pre-colonial era. The attractiveness of the Nigerian agricultural sector to the colonialist formed largely on the basis for the development of the railway system north of the coast through the east and west of the country ...

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THE IMPACT OF EXCHANGE RATE, VARIATION ON BALANCE OF PAYMENT

ABSTRACT This study, was carried out to ascertain the effect of exchange rate variation on balance of payment in Nigeria from (1979 – 2008) exchange rate and interest rate used as a proxy for the balance of payment in Nigeria. Policy makers and some researcher s argued on exchange rate variations having a significant factor. Some have found negative, positive, significant and insignificant result on the impact of exchange rate ...

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THE ANALYSIS OF THE IMPACT OF UNEMPLOYMENT AND INFLATION ON BALANCE OF PAYMENT IN NIGERIA

CHAPTER ONE 1. O INTRODUCTION 1.1 BACKGROUND The major goals of macro-economic policy are: to achieve full employment in other words maintain a low and stable level of unemployment. To maintain a relative stable level of price payment position at a fixed stable exchange rate of growth. Practically, inflation which is a persistence increase in general price level is one of the macro-economic problems facing Nigeria today. According to Ewa ...

Read more

THE DETERMINANT OF BALANCE OF PAYMENT IN NIGERIA (1983 – 2007)

ABSTRACT This study aimed at analyzing through econometric methodology the Determinant of Balance of payment in Nigeria. In the work, we capture balance of payment as the dependent variable while trade openness, external debt service and exchange rate as the explanatory variable. In the second page of the regression estimated we observed GDP as the dependent variable while balance of payment, trade openness exchange rate and external debt service being ...

Read more

THE IMPACT OF MONETARY POLICY ON BALANCE OF PAYMENT IN NIGERIA

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF THE STUDY The monetary approach to balance of payments explains the elimination of payments disequilibrium in terms of factors bringing the demand and supply of money into equality.  It treats the supply of money as endogenous by assuming a feedback from the balance of payments through changes in international reserve to changes in the monetary liabilities of the central bank and government. One important ...

Read more