Effects of inflation on growth of nigerian economy

Idalu, r e (2015) impact of inflation on economic growth: case study of nigeria (1970-2013) a research project submitted to the institute of graduate studies and research in partial fulfillment of the requirements for the degree of master of science in economics eastern mediterranean university gazimağusa, north cyprus. Effect of exchange rate and inflation on nigeria’s economic growth chapter one introduction 11 background of the study the nigeria economy has witnessed a great degree of instability ever since the end of civil war. Nigeria affects its economic growth, there is need for further studies to be carried out on how fdi affects the economic growth of the nigeria after the financial crisisthis is so given that foreign investment remains the sure way of economic growth.

Cbn journal of applied statistics vol 3 no1 43 threshold effect of inflation on economic growth in nigeria sani bawa 1 and ismaila s abdullahi 2 it is widely believed that price stability promote long-term economic growth, whereas. 4 impact of corruption on nigeria's economy 1 referred to as ‘economic cost of corruption’ therefore, the impact on economic growth from a simulated decrease in corruption will not capture the impact on growth from other factors that independently affect growth such factors include: political. Growth and inflation in nigeria from 1981 to 2012 theoretically as well as empirically as to the effect of government spending on inflation although, the both government spending and economic growth also influence inflation rate in nigeria based on. Economic growth in nigeria, the “bad era of double digit inflation rate” could be effectively utilized by the nigeria government to erode the country’s debt burden in other words, instead of spending billions of naira in negotiation.

The effect of inflation and interest r ate on economic growth in nigeria is a serious malady there is a general consensus that high inflation r ates and interest rate cause problems for aggregate. Structural break point) of inflation above which inflation adversely affects economic growth a study to ascertain the existence (or not) of a relationship between inflation and economic growth in nigeria was carried out by omoke(2010. Between economic growth and inflation is in line with the finding of ferdinand and isadora (2014), and inyiama (2013) max and mark (2008) examined the effect of inflation on growth using panel of transition countries.

Economy stagnant (that is a period where economic growth increases at a very slow rate and is usually characterized by unemployment) in the economy inflation in nigeria can be traced to the “cheap money policy” which started in. Having a view on the impact of inflation on nigeria economy and realizing that the problems caused by the impacts of inflationary growth is becoming unbearable to the citizens and the entire economy, of becomes necessary to critically analyzed the impact of inflation on nigerian economic growth (1980-2006. The effect of inflation on the nigerian economy several definitions of inflation are in existence inflation is a situation in which there is price level or in which there would be such a persistent upward movement but for the presence of direct control over prices. Impact of inflation and economic growth using annual time series data from 1980-2013, this study examined the linkages among savings, inflation and economic growth in nigeria using the 2-stage least squares (2sls) method. This study shall focus on the effect of inflation on economic growth in nigeria as necessitated by the inflationary pressure generated by recent global economic crisis through the exchange rate sensitivity.

Inflation and capital market performance: the nigerian outlook 1 evaluate the determinants and effects of inflation on nigerian economy 2 determine the long run effects of inflation on ultimately economic growth in studying the impact of real gross domestic product (rgdp), inflation. Analyse the effects of inflation on an economy inflation impacts on many facets of the economy, these impacts can be both long and short termit is generally the case that higher levels of inflation carry more severe consequences thus it is often the aim of government to sustain a low level of inflation inflation effects economic growth and certainty, wages, unemployment, international. The study examined the impact of inflation rate on the economic growth in nigeria the study explored secondary data for the period of 1960 to 2012 and used e-view 72 statistical window in. The effect of inflation and interest rate on economy growth in nigeria is quite a serious problem the country experiences on inflation is no longer the problem but the fact that inflation problem seems to have reached the crisis dimension. Impact of inflation on nigeria economic growth 1981-2016 download the project from chapter one to five with reference inflation on nigeria economic growth is a trending issue in the lips of every actor in nigeria given the current double digit inflation rate @ 1863 in nigeria.

In simple terms, the word 'inflation' refers to a growth or increase in money supply as one of the important economic concepts, the effects of inflation exert impact both in the economic and social spheres of a nation and on its inhabitants. The impact of external debt on economic growth of sudan from a period spanning 1978 – 2001 the study showed that export earnings have a significant positive impact while external debt and inflation had negative impact on. This paper investigates the effects of inflation on economic growth in nigeria between 1986 and 2014 secondary data culled from cbn statistical bulletin (2014) were used for the study.

  • Effect on the nigerian economy it ascertained the relationship between inflation and economic growth as well as the inflationary effect and the means of controlling inflation on the nigeria economic growth the study covered the ten year period from 2002 to 2012 and adopted an expos-facto research design the ordinary.
  • Inflation may regard a national economic growth for various reasons including he redistributive effects discussed earlier, or because the inflation was not expected, or because of the nature of the inflation itself when warrants particular types of control measures.

This study helps to evaluate the impact of monetary policy on the growth of emerging economy: nigerian experience the study affirmed a long-term existing relationship among real gross domestic product interest rate, inflation, money supply and exchange rate. On the effect of inflation on economic growth in tanzania concluded that inflation has been harmful to economic growth in tanzania but they did not show the degree of responsiveness of gdp growth rate to changes in the general price levels. Inflation effects economic growth and certainty, wages, unemployment, international competitiveness, exchange and interest rates amongst other things debt forgivness and its impact in the growth of nigerian economy obligations and also hindering economic growth.

effects of inflation on growth of nigerian economy The effect of inflation (price instability) and unemployment in the economic growth and development of the nigerian economy cannot be over-emphasized the nigerian economy has remained largely underdeveloped despite the huge human and natural resources.
Effects of inflation on growth of nigerian economy
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