ABSTRACT The research sought to establish the determinants of non-performing loans in the banking sector of Zimbabwe. The study covered the period from 2009 to 2013 using quarterly time-series data employing the ordinary list squares method to ascertain the factors that contribute to NPLs. Over the period, the non-performing loans have been on an upward trend despite the use of the multi-currency. The major research findings and conclusions is that inflation, unemployment and interest rates ...
ABSTRACT Kenya has experienced enormous growth in establishment of NGOs, with more than 100% increase between 1977 and 1987, striking over 23,000 by 1997 and 47,000 by 2016; thereby attracting increased foreign and local funding especially from 2006; reflecting renewed donor confidence in the government’s resolve for proper management of the economy. Despite the phenomenal establishment of sustainability drivers; being income generating capacity, income source diversity, financial planning ...
ABSTRACT Progressive public indebtedness in Zimbabwe particularly in the form of foreign financing has culminated into debt distress in the nation. The country has accumulated stocks of unpaid public foreign debts over the years and as a consequence debt burden began to develop in the nation. Apparently such accumulation of external debt stocks is posited to lead to debt overhang and determent of private investment. As such this research study examined the relationship between public externa...
ABSTRACT This thesis attempted an estimation of the impact of Federal government expenditures on income distribution. Using documentary, survey and case study research methods, and employing statistical methods of analyses, the study estimated the distribution of Federal government expenditures for 1971/72 and 1976/77 financial years among the regions and the distributional impacts of 1976/77 Federal government expenditures on education, health, housing, electricity and general services among...
ABSTRACT This research was mainly aimed at investigating the environmental impact of economic growth in Zimbabwe for the period 1985-2015. Various authors have expressed their views with regards to the determinants of environmental degradation with economic growth as the major player. CO2 was used as a proxy for environmental quality. Using the Ordinary Least Squares model, the researcher obtained that in the early stages of development, growth accelerates the rate of environmental quality lo...
Abstract Foreign exchange reserves’ adequacy is a key component of good macroeconomic management. Foreign reserves can be used to smoothen exchange rate volatility in illiquid foreign exchange markets. This study adopts a modified version of buffer stock model to analyze the determinants of Nigeria’s foreign reserves. Using annual time series data from 1970 to 2009, the study regresses international reserve variable on macroeconomic variables: real income, interest rate differential (a me...
ABSTRACT This study was motivated by the growing concern on the impact of Institutional Quality on economic outcomes. The study focused specifically on the Nigerian Stock Market due to its critical role in the economy as a vehicle for efficient resource allocation. The Autoregressive Distributed Lag (ARDL) bounds testing procedure is employed using data from 1985 to 2012. The study used the ARDL model to ascertain the long-run impact of institutional quality on stock market development in Nig...
ABSTRACT This study examined the economic effects of crude oil exploitation on cassava production in Delta State. Specifically, the effect of crude oil exploitation on land productivity, farm income and cassava yield was explored. The costs and returns, and hence profitability of cassava production as influenced by oil pollution, the farming systems and socio-economic characteristics of cassava farmers were critically examined. Copies of well structured questionnaires were used to collect pri...
ABSTRACT arnrruon has ' bse n facing a 'current account d e f i c i t n i tlcc: 1 '1f?7 and w i l l cor~t;j.nucb t o do 80 in -Lklc ne:lrest future. This will imply a n e t , resource d r a i n at a time w ! ~ t : n lent:-term c a p i t a l inves trrre nt l o o k s b l e a k give r l the sk~i f ti n emphasis o f we s t e r n financial commitmerit. 'L'~I= c o u n t r y must therefore make urgent moves at a r r e s t i n g t h i s d e f i c i t . Increasinfy . e x p o r t s f o r Cameroon will ...
Abstract This work evaluates the trends in the parallel market exchange rate premium, its determination and impact on the foreign exchange market in Nigeria. It examines the impact of existing demand and supply gaps in the overall foreign exchange market on the determination of the parallel market premium. It further examines the impact of the parallel market exchange rate premium on the determination of the official exchange rate and the parallel market rates. The study uses the stock-flow m...
ABSTRACT Effectiveness of monetary policy in stimulating economic growth This study investigates the effectiveness of monetary policy in stimulating economy growth in Nigeria using AK production Function and Vector Autoregressive (VAR) model. The empirical evidence depicts that economic growth in Nigeria is influenced by money supply, electric power consumption, gross fixed capital formation and trade openness. This shows that monetary policy is effective in maintaining economic growth on the...
ABSTRACT Financial performance of County governments in Kenya has been rated to be below average, as is evidenced in the 2017/2018 Auditor General’s report, on County governments’ performance. Available information attests to the fact that Audit practices are an inherent function of the operations of all government activities. Audit provides unbiased, objective assessments of responsible and effective public resources management in an effort to achieve intended results, through accountabi...
ABSTRACT Globally, e-procurement has gained popularity especially with the advent of technology. In United States of America for instance, rapid development of e-procurement was reported in early 2000 just before the recession. By the end of the year 2000, it was reported that all state functions were maintaining web presence in at least some stage of their procurement processes with some participating in online bidding. In Kenya, organizations are adopting e-procurement. County governments a...
ABSTRACT Education contributes to economic growth, enhanced productivity, national and social development, and social equity hence governments and households heavily invest in all forms of education. Despite the heavy expenditure on education by the governments and households, little attention has been given to the unit cost of education of each student and its effect on academic performance. Schools in Vihiga Sub-County charge extra levies besides Ministry of Education(MOE) recommended fee g...
ABSTRACT Public and the private sectors finance Kenyan healthcare system. The public and private sectors contribute34% and 40% of the total health expenditure respectively and the donor contribution is 26%. The total health spending is 6.8% instead of the 15% of the total government expenditure, as per the Abuja agreement to which Kenya is a signatory. The infant mortality rates (IMR) in Kenya is still high, 39 per 1000 live births. While policy and strategy formulation forums pushes for incr...