ABSTRACT The economic performance in Sub-Saharan Africa has been unimpressive, particularly in comparison with other developing regions like East Asia. Using a panel data for 42 Sub-Saharan African countries for the period 2005-2016, this study investigates the effects of political institutions and human capital on the economic performance in the SSA countries. By using linear dynamic panel data and a fixed effect model, with growth of GDP per capita as the dependent variable, this study is...
This study was designed to investigate the impact of exchange rate fluctuation on the oil export performance in Nigeria from the year 1980 to 2018, and in the research, the use of secondary time series data was adopted. The research focuses on determining the cause and impact of exchange rate fluctuation and inflation rate on the oil export price. Its focus on this objective is to determine the relationship trend between exchange rate, inflation rate and oil export price. The unit root test w...
Developing countries, of which Ghana is no exception have actively engaged in trade openness after independence, yet, their economic growth remains low and this calls for urgent attention to address the situation. This study therefore examines the impact of trade openness on economic growth of Ghana for the period 1984–2018 taken into consideration the role quality of institutions play. The results from the autoregressive distributed lag model (ARDL) reveal that, both trade openness and qua...
ABSTRACT This study aims at evaluating the oil sector vis- a vis the agricultural sector in Nigeria from 1981-2007. The role of agriculture in the Nigerian society has been quite significant even in the pre-colonial times. The attractiveness of the Nigerian agricultural sector to the colonialist largely formed the basis for the development of the railway system from the north to the coast through the eastern and western of the country given that there was the need to evacuate agricultural pro...
ABSTRACT The study focuses on forces driving the use of fuelwood among women in Kogi east and the implications of fuelwood on the environment, health and economy of Kogi east. Though Fuelwood has served as the major source of energy for cooking, its effect on the environment and health is to a great extent questionable. There has been noticeable disappearance of trees within the district over the years. The study met its’ quadruplet research objectives through an extensive study of relevant...
ABSTRACT The main purpose of this study is to identify the problems and prospects of small and medium enterprise in Enugu East Senatorial Zone. To do this, data were collected from both primary and secondary sources. The main instrument of data collection was the questionnaire.The data were presented in tables as frequency, distribution in the data analysis, the techniques of percentages frequencies were used. The hypothesis were tested with z-test technique at 5% significance level. Having...
This paper presents a new model for pricing OTC derivatives subject to collateralization. It allows for collateral posting adhering to bankruptcy laws. As such, the model can back out the market price of a collateralized contract. This framework is very useful for valuing outstanding derivatives. Using a unique dataset, we find empirical evidence that credit risk alone is not overly important in determining credit-related spreads. Only accounting for both collateral arrangement and credit ris...
The Geographical location of Afghanistan and its role in the development of the region was approved by Afghanistan ministry of foreign affairs Diploamcy institute this paper provided important information about the geographical location of Afghanistan and its role in the development of the region. by Habibullah Azizi Expert in Aid Management directorate at the Ministry of finance
Loan defaults continue to be a major challenge that confronts financial institutions in developing countries and this impedes their potential role in sustainable development. Given the enormity of loan defaults, policymakers have devoted much attention to the phenomenon by implementing strategies and policies aimed at improving loan repayment to avert the situation. To complement the effort of policymakers, several empirical studies have also been conducted regarding loan repayment determinan...
ABSTRACT The study examined an empirical investigation of the impact of investment in human capital on economic growth in Nigeria, using time series data from 1980-2014. This paper employs descriptive analysis, trend analysis, causality tests, and the ordinary least square technique. Empirical findings however indicate that there exists a negative relationship between government expenditure on education and economic growth, but there exists a positive relationship between health expendi...
INTRODUCTION 1.1 Background of the studyAgriculture is the foundation and bedrock upon which the development of stable humancommunity has depended on throughout the whole universe such as rural and urbancommunities. It is concerned with the husbandry of crops and animals for food and otherpurpose. The study of the history of economics provides us ...
Abstract The paper examines the linkages between gender of household heads, education and household poverty in South East region of Nigeria between 2001 and 2017. Data analyzed were obtained from four national consumer expenditure surveys conducted in Nigeria in 2001, 2006, 2011 and 2017 by the Federal Office of Statistics. Adjustments were made for price differentials over time and across regions of the country. However, only aggregated data for households were available. Per capita exp...
A novel coronavirus (COVID-19) was identified in 2019 in Wuhan, China. This is a new coronavirus that has not been previously identified in humans. Corona virus disease, is an infectious disease that is caused by severe acute respiratory syndrome coronavirus. The COVID-19 outbreak has since spread to about 196 countries and territories in every continent. As the effects of Covid -19 are felt around the world the Real estate is being impacted in many different ways, depending on the region and...
Coronavirus was first discovered in December 2019 in Wuhan China as a Pneumonia of unknown cause. The virus spread very fast, with a number of cases and deaths in quite a short time. In January 30th 2020, the World Health Organization deemed it fit to declare the virus as a public health emergency hazard. It was named COVID-19 in February 2020. Coronavirus COVID-19 are a large family of viruses that can cause illness ranging from cold, sore throat, fever, headache etc. The viruses are zoonot...
The goal of this research is to examine the impact of oil price on inflation rates in South Africa and Nigeria- thereby comparing inflation nexus between oil rich and non-oil rich African nations. To accomplish this task the authors have utilized yearly oil price and inflation data from the period of 1987 – 2016 (source: World Bank), thus providing 30 data observations. An ARDL modeling approach has been deemed most appropriate in this analysis due to limited sample data. Our result reveale...