African Journal of Economics and Sustainable Development最新文献_第8页

Public Investment in Infrastructure and Economic Growth in Nigeria (1980-2020) 尼日利亚基础设施公共投资与经济增长(1980-2020)

African Journal of Economics and Sustainable Development Pub Date : 2021-09-05 DOI: 10.52589/ajesd-0jm1vber

Enya F.O., Ezeali B.O.

引用次数: 2

Impact of Exchange Rate on Balance of Payments in Nigeria 汇率对尼日利亚国际收支的影响

African Journal of Economics and Sustainable Development Pub Date : 2021-08-31 DOI: 10.52589/ajesd-sdewba5e

Nwachukwu Nnamdi

引用次数: 0

Interest Rate Deregulation and the Performance of Deposit Money Banks in Nigeria from 1989-2020 1989-2020年尼日利亚利率放松管制与存款银行绩效

African Journal of Economics and Sustainable Development Pub Date : 2021-08-09 DOI: 10.52589/ajesd-sd66ucr6

N. Ekponaanuadum, G. Kenigheni

{"title":"Interest Rate Deregulation and the Performance of Deposit Money Banks in Nigeria from 1989-2020","authors":"N. Ekponaanuadum, G. Kenigheni","doi":"10.52589/ajesd-sd66ucr6","DOIUrl":"https://doi.org/10.52589/ajesd-sd66ucr6","url":null,"abstract":"The research examined interest rate deregulation and the performance of deposit money banks in Nigeria for the period of 1989-2020. The objective of the study is to examine the impact of interest rate deregulation on the performance of deposit money banks in Nigeria and to examine the causal relationship between interest rate deregulation and performance of deposit money banks in Nigeria. The estimation output of the research shows a positive relationship between interest rate and bank performance in Nigeria measured by Total Assets of Deposit money banks in Nigeria. The coefficient of determination (67%) also shows above average explanatory power of the independent variables on the dependent variable. The results of the study show a long and short run relationship between the dependent variable (Total Assets) and the independent variables (Interest rate, inflation rate, loans and advances). The result also shows unidirectional causality between Total Assets and Loans and Advances. The research recommended among others that the CBN should consider not frequently changing the MPR (monetary policy rate) and CRR (Cash reserve ration) which most of the time influence interest rate peg of the deposit money banks.","PeriodicalId":406884,"journal":{"name":"African Journal of Economics and Sustainable Development","volume":"56 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132900254","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Impact of the Belt and Road Initiative on World Politics and Economy “一带一路”倡议对世界政治经济的影响

African Journal of Economics and Sustainable Development Pub Date : 2021-08-09 DOI: 10.52589/ajesd-vksrvvic

G. I. Sheriff, A. Thomas, A. Ahmet

{"title":"Impact of the Belt and Road Initiative on World Politics and Economy","authors":"G. I. Sheriff, A. Thomas, A. Ahmet","doi":"10.52589/ajesd-vksrvvic","DOIUrl":"https://doi.org/10.52589/ajesd-vksrvvic","url":null,"abstract":"This paper aims at focusing on the main impact of the China belt and road initiative on world politics and economic development. Given that the BRI is a foreign policy launched by the Chinese government under the leadership of President Xi, and this time on a large scale with a plethora of impacts designed to build a network of mutually benefiting economic activities among the China neighbours across the Eurasian continent and the maritime routes between China and Europe, with plans to extend to Africa. The collaborative efforts of this initiative would expand global trade and increase economic development among the countries within the One Belt, One Road area. The initiative also presents scepticisms, uncertainties and concerns among political elites, offering observers the outlook of the advantage the initiative offers the Chinese at the expense of developing countries. The paper uses the secondary data methodological approach in presenting its reviewed literature. The paper adopts the theories of geopolitics that explain the political power linked to geographical space that comprises water and land as its territories. The objective of the Belt and Road Initiative is to enhance the connectivity of infrastructure, trade liberalization, and global financial integration. The article investigates the development of the project from global political, geographical, economical and international relations perspectives.","PeriodicalId":406884,"journal":{"name":"African Journal of Economics and Sustainable Development","volume":"69 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122181973","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 4

Examining Flexibility in Space Use in Architectural Designs of Public Core Housing Schemes in Anambra State of Nigeria 考察尼日利亚阿南布拉州公共核心住房方案建筑设计中空间使用的灵活性

African Journal of Economics and Sustainable Development Pub Date : 2021-07-24 DOI: 10.52589/AJESD-KHHYLSIW

Okoye N.B.C.D., Onyegiri I. Prof., M. Okafor

引用次数: 1

Determinants of Exchange Rate Volatility and Its Implication on the Nigerian Economy (1995-2020) 汇率波动的决定因素及其对尼日利亚经济的影响(1995-2020)

African Journal of Economics and Sustainable Development Pub Date : 2021-07-20 DOI: 10.52589/ajesd-6cr94z5i

Andabai P.W., Ogaga T.C.

{"title":"Determinants of Exchange Rate Volatility and Its Implication on the Nigerian Economy (1995-2020)","authors":"Andabai P.W., Ogaga T.C.","doi":"10.52589/ajesd-6cr94z5i","DOIUrl":"https://doi.org/10.52589/ajesd-6cr94z5i","url":null,"abstract":"The study investigates the determinants of exchange rate volatility and its implication on the growth of the Nigerian economy; for the period (1995-2020). Secondary data were collected from the Central Bank of Nigeria Statistical Bulletin, 2020. The study employs Gross Domestic Product as proxy for the Nigerian economy and used as the dependent variable; whereas, exchange rate, import trade and export trade were used as explanatory variables to measure exchange rate fluctuation. Time series econometric techniques are used to test the hypotheses. Exchange rate has an insignificant impact on Gross Domestic Product in Nigeria. Import trade has a significant impact on Gross Domestic Product in Nigeria. Export trade has a significant impact on Gross Domestic Product in Nigeria. The error-correction result confirms that about 71% short-run adjustment speed from long-run disequilibrium. The coefficient of determination indicates that about 68% of the variations in the growth of the Nigerian economy can be explain by changes in exchange rate volatility variables. The study concludes that exchange rate fluctuation is positive; but, had a significant impact on the performance of the Nigerian economy. The study recommends that Government should encourage the export promotion strategies in order to maintain a surplus balance of trade and also conducive environment, adequate security, effective fiscal. The policy towards interest rate should be made such that savings would be stimulated thereby placing more funds in the hands of banks to intermediate to investors seeking funds. Government and policy makers should provide infrastructural facilities so that foreign investors will be attracted to invest in Nigeria. Government and policy makers should increase their surveillance on the commercial banks; in order to address the issue of arbitrarily increase of the exchange rate.","PeriodicalId":406884,"journal":{"name":"African Journal of Economics and Sustainable Development","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134066647","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Macroeconomic Determinants of External Debt Accumulation in Ethiopia: An ARDL Bound Testing Approach 埃塞俄比亚外债积累的宏观经济决定因素:ARDL约束检验方法

African Journal of Economics and Sustainable Development Pub Date : 2021-07-19 DOI: 10.52589/AJESD-5CHIK2TR

Eyayu Tesfaye Mulugeta

引用次数: 1

The Role of Contemporary Religious Practice in the Development/Under-Development of Nigeria 当代宗教实践在尼日利亚发展/欠发达中的作用

African Journal of Economics and Sustainable Development Pub Date : 2021-06-22 DOI: 10.52589/ajesd-svda7cad

Raymond Minini

引用次数: 0

How Financial Development Affects Economic Growth: Evidence from some SAARC Countries 金融发展如何影响经济增长:来自一些南盟国家的证据

African Journal of Economics and Sustainable Development Pub Date : 2020-10-17 DOI: 10.52589/ajesd/0mdd47mb

A. K, Monzurul I.U.

{"title":"How Financial Development Affects Economic Growth: Evidence from some SAARC Countries","authors":"A. K, Monzurul I.U.","doi":"10.52589/ajesd/0mdd47mb","DOIUrl":"https://doi.org/10.52589/ajesd/0mdd47mb","url":null,"abstract":"According to Joseph Schumpeter (1911), services provided by financial intermediaries are essential for technical innovation and economic growth. Later, empirical work by Goldsmith (1969) and McKinnon (1973) supported that there were close ties between financial and economic development for a few countries. But numerous other economists, including Robinson (1952) believed that finance was not so important for economic growth; financial development simply follows economic growth. Despite this debate, Levine (1993), among others suggests a positive relationship between financial sector development and economic growth. Moreover, there remains further debate whether the country's financial structure exerts differential impact on economic growth. Empirical studies across the countries (Rajan and Zingales, 1999) suggest that banking sector plays a key role in some countries. In this paper, I intend to investigate whether higher levels of financial development are positively correlated with economic growth using empirical evidence from five South Asian countries namely Bangladesh, India, Nepal, Pakistan and Sri Lanka. I have used Panel data analysis, Linear regression model, Levin-Lin-Chu unit root test, Covariance, Correlation and VIF test based on aggregate annual data from 1993 to 2016. My analysis suggests that development in banking sector has a moderately strong tie to promoting economic growth. The result implies that the policy should focus on banking sector development by enhancing its quality of credit products and offers to private sector as it is the main stimulator for growth in these five South Asian countries.","PeriodicalId":406884,"journal":{"name":"African Journal of Economics and Sustainable Development","volume":"53 ","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114003279","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0