Download Tag: DEVELOPING ECONOMY


THE GROWTH OF CAPITAL MARKET AND ITS CONSEQUENCES ON A DEVELOPING ECONOMY

ABSTRACT The development of the stock exchange market is a pre-requisite to the growth and development of any economy. The capital marked comprises the primary market and secondary market. The primary market is the market for new issues. It is a platform where a company or government can raise money for investment quoted companies can also raise funds. Both SEC and NSE are involved in the primary market activities. While ...

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THE ROLES OF ACCOUNTING IN NATIONAL DEVELOPMENT: A FOCUS ON A DEVELOPING ECONOMY

CHAPTER ONE 1.1       Background of the study The basic economic problem that confronts an under developed or a developing  country and especially the new independent ones is how to attain within a relatively short period, a notable increase in the rate of economic growth which is envisaged will bring it to the level of perpetual real income comparable to those of more admired economics of the world. In order to attain this ...

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THE VARIOUS ROLE OF AUDITING IN A DEVELOPING ECONOMY ‚Äď NIGERIA EXPERIENCE

1.0 INTRODUCTION: As we have been witnessing in recent times, there has been drastic change in customer's trends in Nigerian. Some of the reasons for these abnormalities in business trends which resulted in the general economic downturns, ranged from inflation, mismanagement of foreign exchange reserves, high prices of essential commodities, lack of raw materials for use in industries, misappropriation of excessive expenditure in compatible with real budgets, lack of accountability, ...

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EVALUATION OF THE DYNAMIC EFFECTS OF SOLE CASH HOLDING IN A DEVELOPING ECONOMY

CHAPTER ONE INTRODUCTION 1.0            BACKGROUND INFORMATION OF THE SUBJECT MATTER In a developing economy like ours, a sizeable amount of money is held in excess of  normal need. This excess money   is held is idle, because it does not produce any income, The business communities, individuals, household etc are holding a great proportion of this idle money. The involvement in the evil of boarding cash has a very serious effect ...

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IMPACT OF TAX ADMINISTRATION ON GOVERNMENT REVENUE IN A DEVELOPING ECONOMY

ABSTRACT Nigeria is richly blessed with oil and gas among other mineral resources, but the over dependence on oil revenue for the economic development of the country has left much to be deserved. According to Ariyo (1997) Nigeria’s over dependence on oil revenue to the total neglect of other revenue source was encouraged by the oil boom of 1973/74. This is unsustainable due to the fluctuation in the oil market ...

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AN EVALUATION OF THE INTERNATIONAL MONETARY FUND (I.M.T) LOAN POLICY ON DEVELOPING ECONOMY

ABSTRACT The trust of this paper is the evaluation of the I.M.F loan policy on developing nations with Nigeria as a case study. The paper begins by giving a brief stored perspective of fund. The structure, it’s operating procedure and its lending policies. The study also tries to know why the implementation of funds loan usually goes with adverse effect on the economy of the developing nations. It further tries ...

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IMPACT OF TAXATION ON SMALL SCALE BUSINESS IN A DEVELOPING ECONOMY

ABSTRACT This is a research work on the impact of taxation on small-scale business in a developing economy. A case study of Ekene Dili Chukwu Limited Enugu . it is aimed at ascertaining the extent to which Ekene Chukwu taxation. The area of study was Ekene Dili Chukwu Limited Enugu. This study is divided into five chapters. Chapter one gives the general introduction. Chapter two reports our review of related ...

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THE ROLE OF FINANCIAL INSTITUTION IN A DEVELOPING ECONOMY

CHAPTER ONE 1.1  INTRODUCTION The idea of establishing indigenous development financial institution was moved after the establishment of the Central Bank of Nigeria on first July, 1959 after the bank’s failure of the early 1950’s.  During this time, it became obvious that there was an urgent need fro financial institution capable of providing medium and long term capital to full up serious gaps in  the financial system/structure of the economy. As ...

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PROSPECTS AND CHALLENGES OF TREASURY SINGLE ACCOUNT IN A DEVELOPING ECONOMY

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY Treasury Single Account is a public accounting system under which all government revenue, receipts and income and collected into one single account, usually maintained by the country’s Central Bank and all payments done through this account as well. The purpose is primarily to ensure accountability of government revenue, enhance transparency and avoid misapplication of public funds. The maintenance of a Treasury Single ...

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