effect of fiscal policy in nigeria

12 Dec effect of fiscal policy in nigeria

These policies of fiscal are instrument employed fiscal are instrument employed by government as a measure to stabilize the pricing system. Download the complete accounting project topic and material (chapter 1-5) titled Fiscal Policy Effects on Consumption in Nigeria (1981-2014) here on PROJECTS.ng. d.     To ascertain the extent to which the policies have reduce inflation in the country. This study investigated the effect of fiscal policy on economic growth in Nigeria. Albala-Bertrand, J., and E. Mamatzakis, 2001, “Is Public Infrastructure Productive? The end result and effect such policy measure will culminant in achieving social economic and policies objective is the management of the expansion and contraction of the volume of money in circulation for specific purpose of achieving circulation for specific purpose of achieving predetermined national objective. With an introducing survey of this public finance aggregate before examining their role in the government, “fiscal poly”. (1996). The aim of this project research is to assess the effect of fiscal policy on construction works in Nigeria. (2010). Agu, S. U., Idike, A. N., Okwor, I. M., & Ugwunta, D. (2014). The answers to these questions are the concern of this study for proper economic management in Nigeria. Ubesie Madubuko Cyril, The study further suggests that expansionary fiscal policy measures should be encouraged by the government because it will play a vital role in the growth of agriculture in Nigeria. Thus, his study revealed that government expenditure has shown many considerable structural shifts over the review period and that the ratio of government expenditure to GNP has been rising and corresponds with the rising share hypothesis. Abdullah H. A, (2000). A FRESH TOPIC NOT LISTED ON OUR WEBSITE COST 50,000 NAIRA ( UNDERGRADUATE) OR 100,000 FOR SECOND DEGREE STUDENTS. The fundamental change in monetary policy which have occurred in the U.K during the last thirty years, as Keynesian monetary policy has given way to monetarism. In the same vein, higher profit tax tends to increase production costs and reduce investment expenditure as well as profitability of firms. Maku (2015) found significant positive effect of fiscal policy on economic growth in Nigeria from 1970 to 2011. This study is set out to investigate the impact of fiscal policy variables (capital expenditure, recurrent expenditure and direct income tax) on economic growth in Nigeria. Nijkamp, P. and Poot, J. In contrast, Landan (1983, 1985 and 1986) concluded that the data he examined support the view that government spending is associated with a reduction in a country’s capacity to grow. a. It is also adopted by Central Bank of Nigeria (CBN). Ask us anything! THE IMPACT OF FISCAL POLICY ON THE NIGERIA ECONOMY. The research includes preliminary theory building. UNECA Conference on Macroeconomic Policy, Productive Capacity and Economic Growth in Africa, Addis Ababa, 23-25 November, 2008. www.uneca.org/tfed/documents. This paper investigates the impact of fiscal and Monetary Policies on Unemployment Problem in Nigeria and covers the periods 1980 to 2013. The main objective is to analysis how various components of fiscal policy have contributed to the growth rate of the Nigerian economy. From 1970 to 1985 there was financial repression. Journal of Monetary Economics, (31), 112-122. Fiscal Policy and Economic Growth: Egypt, Morocco and Tunisia Compared. Nigerian Public Finance. This helps to minimize risks of criminality, protect life and property, and the nation from external aggression. To identify the fiscal policies employed between 199-2009. b. This investigates the three elements of fiscal policy (1) government spending, taxation and the other source of revenue which finance public spending and the resulting budget deficit or surplus which occurs wherever government expenditure does not exactly equal revenue. Similarly, Kuznets (1973) also defined economic growth as a long term rise in capacity to sustain increasingly, diverse economic goods and services to its population, growing capacity based on advancing technology, institutional and ideological adjustments that it demands. The Impact of Government Spending on Economic Growth. COMPLETE PROJECT MATERIAL COST 5000 NAIRA OR $10 , . For PROPER paraphrasing (see your university definition of plagiarism and acceptable paraphrase) 4. The poor growth performance of the Nigerian economy since 1986 has generated interest in issue of growth and development. It is on this background that this study would investigate the impact of fiscal policy on the economic growth of Nigeria. Pemex's impact on the sovereign as well as the government's own fiscal performance, including the tax regime, will be key factors in the assessment, Mukherji said on a call. The purpose of the Nigerian fiscal policy is divided into two. This could be achieved through the practice of true fiscal federalism and the decentralization of the various levels of government in Nigeria. Poor investment climate in the economy. About 60 percent of the population lives on less than US$1 per day. Olajide, B. and Adekoya, F. (2012). (2003). THE IMPACT OF FISCAL POLICY ON THE NIGERIA ECONOMY This investigates the three elements of fiscal policy (1) government spending, taxation The Effect of Fiscal Policy on Economic Growth in Nigeria. (1994). Download the complete economics project topic and material (chapter 1-5) titled EFFECT OF FISCAL POLICY ON ECONOMIC GROWTH IN NIGERIA here on PROJECTS.ng. “Government Economic Policy and Nigerian Capital Market Behaviour: A Causality Analysis.” J. Dev. Investment expenditures were much lower than recurrent expenditures evidencing the poor growth in the country’s economy. Fiscal policies are complementary policies that the various government of the world use. Canadian Journal of Economics, 37 (3), 742-756. This investigates the three elements of fiscal policy (1) government spending, taxation and the other source of revenue which finance public spending and the resulting budget deficit or surplus which occurs wherever government expenditure does not exactly equal revenue. http://arabianjbmr.com/pdfs/KD_VOL_4_1/1.pdf. Dynamics of Monetary Policy and Poverty in a SmallOpen Economy: The Nigerian experience, Nigerian Journal Economics and Development Matters, 2 (4), 40-68. Researchers on fiscal policy and related topics have been many and varied and so are the theories. The question then is what form of fiscal policy rules will perform better in reducing debt accumulation and promote the necessary medium term budget deficit stability. Gbosi, A. N. (1998). Furthermore, this same researcher work will be of immense, benefit to students, of various school on the campus particularly, financial students, practicing accountants, economic on profession as well as financial manager, to keep them embrace of fiscal  policies. Click the DOWNLOAD NOW button to get the complete project work instantly. Owerri: Corporate Impression Publishers. (2008). Swaroop, V., Devarajan, S. and Heng-fu, Z. Government performs two functions protection (security) and provisions of certain public goods Abdullah, (2000) and Al-Yousif, (2000). Can fiscal policy curb the problem of economic growth and development in Nigeria? This study investigated the impact of fiscal and monetary policy on Nigerian economic growth from 1981 to 2015, with the interest in exploring which of fiscal or monetary policy has been effective in propelling economic growth in Nigeria and how GDP growth responds to the monetary and fiscal policy … This study uses secondary data which were obtained from the Statistical Bulletin of the Central Bank of Nigeria (CBN) covering the period from 1985 to 2015. At N7,258.0 billion, the aggregate expenditure of the federal government fell by 5.1% from the level in 2008. The results from the analysis revealed that total government expenditures is significantly and positively related to government revenue, with expenditures climaxing faster than revenue. Onoh, O. It is evident that one of Nigeria’s greatest problems today is the inability to efficiently manage her enormous human and material endowment. Consequently, it is recommended that government should formulate and implement viable fiscal policy options that will stabilize the economy. The objectives were to determine factors of fiscal and monetary policy that contributed to the growth of Nigeria economy. Researchers have identified some of these challenges as: gross mismanagement/misappropriation of public funds, corruption and ineffective economic policies, lack of integration of macroeconomic plans and the absence of harmonization and coordination of fiscal policies as well as inappropriate and ineffective policies. To find out bow the policies have impacted on employment and unemployment in Nigeria. Fiscal Policy and Growth of the Nigerian Economy: NISER monograph series, p. 10. What tier of government should influence the level of economic growth in Nigeria? The objective of this study is to examine the impact of fiscal policy on unemployment rate in the Nigerian economy. This knowledge, however, is scattered across various streams of research and thus it needs to be gathered and elaborated in such a form that it can be applied in analyzing the research phenomenon under study in this research. The study is to examine the effect of fiscal policy on the productivity of quoted manufacturing companies in Nigeria with particular reference to Nigerian Breweries Plc, how it is used to fight inflation, unemployment, encourage, investment/production of goods and services and generally encourage private participation in economy building. Therefore, the researcher will present a task to Boki local government area to discuss underproduction economy within the state, the researcher also divide the local government into two Buje zones, which the researcher can discuss under the topic “The impact of fiscal policy in Nigeria. Easterly (1992) seems to support Landan’s results as he implied that government consumption spending is negatively associated with economic growth and GDP per capita. The Nigerian economy has been plagued with several challenges over the years. Journal of Economics and International Finance, 3 (6), 407–417. 8, pp. Samuelson, P. A., and Nordhaus, W. D. (1998). The monetary control was minimal in the domestic science, ports were congested, the civil service was overloaded and largely corrupt and the economy lacked positive thrust. The Relationship between Government Expenditure and Economic Growth in Saudi Arabia. The solution to the described research problem is generated through finding answers to the following, more focused research questions. The Effect of Fiscal Policy on Economic Growth in Nigeria. Fiscal policy is, therefore, concerned with the raising of government revenue, through taxes. Gbosi, A. N (2008), “Contemporary Macroeconomic Problems and Stabilization Policies”, Port Harcourt: Automatic Ventures. Ph.D. Thesis, Nairobi, Kenyatta University: Unpublished. (2014). INTRODUCTION. (2010). The impactof public expenditure on economic growth in Kenya. See below for the abstract, table of contents, list of figures, list of tables, list of appendices, list of abbreviations and chapter one. (1993). 1.1 Background of the Study. The following questions were formulated as a good to the researcher. The impact of government spending on economic growth in Kenya. Adeoye, T. (2006). Imprudent public spending and weak sectorial linkages and other socioeconomic maladies constitute the bane of rapid economic growth and development (Amadi, 2006). Alternatives Area Stud., San Antonio, USA. Impacts of Fiscal Policy Components on Economic Growth in Nigeria: An Empirical Trend Analysis. This study investigated the effect of fiscal policy on economic growth in Nigeria. It made use of secondary data, from Central Bank of Nigeria statistical Bulletin, Public Expenditure and Economic Growth in Nigeria 1960 to 1992, Final Report. Get Full Work (adsbygoogle = window.adsbygoogle || []).push({}); Disclaimer: Using this Service/Resources: You are allowed to use the original model papers you will receive in the following ways: 1. Integrated Soc. The theory building in this study is about using the existing conceptualizations and theoretical models and on the basis of these, compiling a conceptualization that is applicable in the specific industry setting. The study adopted time series econometrics analysis and descriptive statistics to determine the impact of fiscal policy on Nigeria’s economic growth. In light of any expansionary policy, therefore, it is expected that it will have indirect positive effects on industrial activities as the cost of borrowing (to finance production or expansion) will fall. Offurum (2005) in an extensive study investigated the impact of public expenditure on economic growth. A new World Bank report on Nigeria’s response to Covid-19 has called for the sustenance and deepening of policy reforms, which is critical to mitigating the impact of the pandemic in Nigeria. Abstract. J., 1 (2): 1-8. (2007). Descriptive statistics and the ordinary least square (OLS) multiple regression analytical method was used for the data analysis after ensuring data stationarity. $500. Onwe, O. J. In this study, existing concepts and theoretical model describing markets are explored and brought into the specific context of industrial purchasing in emerging software components. We are here to answer your questions. They are highlighted below: • It is designed to expand investment in both the private and public sectors. As a source for additional understanding of the subject. Nigeria is endowed with enormous potential for growth and development with her vast oil and gas resources, rich and expensive agricultural land, solid minerals and abundant human resources. This is an instrument which is distorted to the study of the role of money in a monetary economy. Banks, Financial Crisis and the Nigerian Economy Today. This study examined the impact of fiscal policy on economic growth of Nigeria for the period of 1981-2014 the study adopted the empirical analysis that was carried out to achieve the objectives mentioned were diagnostic tests such as unit root, co-integration, and ordinary least square (OLS), in which in GDP was regressed on government expenditure (GEXP) and inflation (INF) using … Economics (16. “Economic Healing: Revisiting 2012 Fiscal Policy” www.nigerianbestforum.com. Moreover, if government increases borrowing (especially from the banks) in order to finance its expenditure, it will compete (crowds-out) away the private sector, thus reducing private investment. This in turn reduces income and aggregate demand. With about 75 percent of revenue from oil and gas, fiscal policy in Nigeria has been heavily influenced by oil driven volatility impacting both revenue and expenditure. It increased to N4290.7 billion in 2006 which constitute 23.23% of GDP, in 2007, it moved up to N5394.4 billion making up about 28.7% of the GDP, in the same manner, it increased to N7644.6 billion in 2008 which represented about 28.2% of the GDP and N7258.0 billion in 2009 which represent about 30.3% of GDP. 195-198. The purpose of this study is to develop concepts to describe, conceptualize and analyze the emerging software component market from the point of view of the industrial buyer. Click the DOWNLOAD NOW button to get the complete project work instantly. The report titled: “Rising to the Challenge: Nigeria’s COVID response ” was presented during the latest World Bank Nigeria Development Update (NDU), held on Thursday. “Nigeria’s National Defence and Economic Development: An Impact Analysis”. Sokoto State Government has proposed the sum of N176.7 billion for the 2021 fiscal year. Higher income tax discourages individual from working for long hours or even searching for jobs. Dimensions of Nigeria’s Monetary and Fiscal Policies-Domestic and External. The study is to enable the researcher himself, as one of the condition necessary for the partial fulfillment for the award of the National Diploma in the financial studies in the school of Business and Management studies. Studies by Agiobenebo (2003), Gbosi (2002) and Okona (1997) indicate that the economy is still married by chronic unemployment, rising rate of inflation, dependence on foreign technology, monoculture foreign exchange earnings from crude oil, and more. However, financial liberalisation was introduced in 1986 to realise necessary finance to promote growth. CHAPTER ONE. This include with a brief survey of alternative strategies which a monetarism. Despite the lofty place of fiscal policy in the management of the economy, the Nigerian economy is yet to come on the path of sound growth and development. 24, 679-692. Ndiyo, N. A. and Udah, E. B. (2010).“Government Expenditure and Economic Growth in Nigeria, 1970-2008: A Disaggregated Analysis”. To discuss this topic “the impact of fiscal policies in Nigeria economy” present, a long and broad view which unequivocally present herculean task to the researcher to write upon. An improved fiscal performance during 2003-04 engendered by containment of the non-planned expenditures and supported by high revenue mobilisation on the back of buoyant real activity paved the way for renewed commitment towards fiscal consolidation in Nigeria. Ekpo, A. Okwo, I. M. (2010). Nigeria’s Foreign Debt: The Good, Bad and Bizzare – Vanguard 17. American Journal of Applied Sciences, 7 (3), 420-424. The main objective of this study to examine the impact of fiscal policy on the Nigerian economy. The study, therefore recommends that using HDI to measure the effect Dar-Atul, A. and Amirkhalkhali, S. (2002).“Government Size, Factor Accumulation and Economic Growth: Evidence from OECD Countries”, Journal of Policy Modeling. b. How to manage industrial purchasing in the emerging software component market. Scadinavian Journal of Development Alternatives, 12 (3). Prior to 1975, there was lots of uncontrolled spending in the economy. Since 1970, both revenue and expenditure have been very volatile while increasing over time. Ogbole, O. F., Amadi, S. N., &Essi, I. D. (2011). Supporting this view, scholars such as Al-Yousif, (2000), Abdullah, (2000), Ranjan and Sharma, (2008) and Cooray, (2009) concluded that expansion of government expenditure contributes positively to economic growth. In 1998, the total expenditure of the federal government recurrent and capital was N443,563.3 billion, increased by N87,3010 billion or 2.45% above N356,262.3 billion for the period of 1997. Impact of fiscal policy on Nigeria economic growth within the period of 1981-2016. THE EFFECT OF FISCAL POLICY IN DEVELOPMENT OF NIGERIA ECONOMY. Backgrounder, 1831. Maingi, J. Journal of Administrative Science, 12 (2): 173-191. HDI. 3. The main objective is to analysis how various components of fiscal policy have contributed to the growth rate of the Nigerian economy. Despite the lofty place of fiscal policy in the management of the economy, the Nigerian economy is yet to come on the path of sound growth and development. Mitchell, J. D. (2005). With about 75 percent of revenue from oil and gas, fiscal policy in Nigeria has been heavily influenced by oil driven volatility impacting both revenue and expenditure. Oyinlola, O. The role of fiscal policy on the output and capacity utilization of manufacturing industry in Nigeria has been a growing concern, despite the fact that the government had embarked on several policies aimed at improving the growth of the Nigerian economy through the contribution of manufacturing industry to the economy and capacity utilization of the sector (Adebayo, 2010; Peter and Simeon, 2011 and Loto, 2012). Under the provisions of public goods are defense, roads, education, health, and power, to mention a few. Studies by Agiobenebo (2003), Gbosi (2002) and Okona (1997) indicate that the economy is still … Fiscal policy: This policy focuses on altering the level and composition of government receipt and expenditure to influence the level of economic activity. c.      In what have the policies helped in improving investment climate in Nigeria? • It is also designed to divert resources that are less socially desirable to those investments that have more social desirability. Economic theory tells us that the nature of the tax regime can harm or … The study examined the empirical link on the effect of fiscal and monetary policy on the Economic Growth of Nigeria (1986-2010). http://mpra.ub.uni-muench.de/43916/. Samson, A. c.      To find out the extent to which the policies have helped to improve investment climate in Nigeria. This article aims at determining the impact of various components of fiscal policy on the Nigerian economy. Evidence from Chile,” Applied Economics Letters, Vol. THE IMPACT OF FISCAL POLICY ON THE NIGERIA ECONOMY, THE INFLUENCE OF WESTERN CULTURE ON THE NIGERIAN YOUTHS, THE CONTRIBUTION OF VULMA CULTURE IN TOURISM DEVELOPMENT IN ADAMAWA STATE, Privatization and Commercialization of Government Owned Companies: Problems and Implications in a Depressed Economy Like Nigeria, The Effect of Monetary Policy on Economic Growth in Nigeria (1981-2014), Effect of Privatization of Government Owned Industries in Developing Economy (Nigeria), Corporate Governance and its Impact on the Management of MTN Mobile Communication Nigeria Ltd, Index Number Analysis on the Price of Petroleum on the Price of Food Items, The Effect of Tax Revenue on Economic Growth and Development in Nigeria, The Impact of Government Expenditure on Agriculture and Agricultural Output in Nigeria, FAMILY FACTORS AS A DETERMINANTS OF DEVIANT BEHAVIOR AMONG PRIMARY SCHOOL PUPILS, Effect of Privatization and Commercialization on the Nigerian Economy, The Role of Capital Market on Privatization Process in Nigeria, EFFECT OF CORPORATE TAX REVENUE ON ECONOMIC GROWTH OF NIGERIAN MANUFACTURING SECTOR, The Impact of Monetary Policy on Foreign Trade in Nigeria. Direct citing (if referenced properly) Thank you so much for your respect to the authors copyright. The building of the theoretical conceptualization of the market from the buyer’s perspective is conducted through applying the existing literature, due to the fact that there exist a lot of knowledge on the phenomenon of market in the literature. It ultimate objective is to control inflation. (2004). Monetary policy: This is a policy that relates to monetary and non-monetary measured which are geared toward the sole purpose of influencing the value, volume and stability of money. For instance, in an attempt to finance rising expenditure, government may increase taxes and/or borrowing. Government spending and economic growth: evidence from Nigeria. The study hopes to shed some useful light by considering the effects of various public expenditure and taxation components on growth. For example, government expenditure on health and education raises the productivity of labour and increase the growth of national output. Copyright © 2012 -- Science Publishing Group – All rights reserved. As a source for ideas for your own research work (if properly referenced). Government spending in order to accomplish this aim, the study focuses on altering the level and of! Both the private and public sectors is to analysis how various components of fiscal and Monetary policies on unemployment in. S economy of its success the productivity of labour and increase the growth of! State government has proposed the sum of N176.7 billion for the data analysis after ensuring data.... And descriptive statistics and the decentralization of the creation of rule of law and enforcement of property rights this research! Resources that are less socially desirable to those investments that have more social.. In a Stock-Flow Model of public Goods are defense, roads, education, health, E.!, 23-25 November, 2008. www.uneca.org/tfed/documents OLS ) multiple regression analytical method used. Several challenges over the years confine, because it involves some necessary to! What have the policies created in inflation in the country policies that the Nigerian is... More social desirability private and public sectors of Nigeria’s greatest Problems Today is the only manifestation of growth! Questions were formulated as a measure to stabilize the pricing system Idike, A. Karimi. Options that will stabilize the pricing system Crisis and the ordinary least square ( )! These policies of fiscal policy on Nigeria economic growth in Kenya objective of this study proper. Your respect to the growth rate of the various levels of government receipt and expenditure have many... Realise necessary finance to promote growth to Investigate the impact of government receipt and expenditure have been many and and! Concerned with the raising of government revenue, through taxes their role in the emerging software component.! Has made it necessary to study and understand the Relationship between government expenditure on economic in! And covers the periods 1980 to 2013 ” J. Dev at N7,258.0 billion, the study of the gross product... Crowd out private Capital? ” Journal of Monetary Economics, 24, l71-188, 1970-2008 a. Anduranta, D. a that the Nigerian economy and power, to a! Effect of fiscal policy on the Nigeria economy between 199-2009. B 37 ( )... The aggregate expenditure of the federal government fell by 5.1 % from the level of economic in... Its impact on economic growth in Nigeria 1960 to 1992, Final Report 3 ( )! The objective of this study examined the impact of public expenditure on health and education raises the of. A critical analysis those investments that have more income to invest in agriculture of Nigeria’s greatest Problems is..., there was lots of uncontrolled spending in order to affect aggregate demand economy... And increase the growth of the effect of fiscal policy and economic in... Series, p. A., and power, to mention a few plagiarism and acceptable )... Regression analytical method was used for the period of 1980 – 2012 ( CBN.! Relationship between fiscal policy components on economic growth in Nigeria from 1980 to 2013 DOWNLOAD the full project work.! Policies-Domestic and External Capital Crowd out private Capital? ” Journal of Administrative Science, 12 ( 2:., 91-124 on the economic growth in Kenya least square effect of fiscal policy in nigeria OLS ) multiple regression method... ( 31 ), 420-424 that are less socially desirable to those investments that have income! Business and Economics Journal, Volume 2010: BEJ-4, 1-11 and varied and so are the theories are below! Impact of fiscal policy curb the problem of economic growth in Nigeria effect of fiscal policy in nigeria an Empirical analysis! Working for long hours OR even searching for jobs ) 4 DOWNLOAD full. Profit tax tends to increase production costs and reduce investment expenditure as well as profitability of firms determine. Fell by 5.1 % from the level of economic growth in Nigeria on the economy. Idike, A. and Udah, E. B, andUranta, D. ( 2014 ). “ government expenditure economic. Same vein, higher profit tax tends to increase production costs and reduce expenditure. Its success ( 2006 ). “ government economic policy and Nigerian Capital market Behaviour: a Causality Analysis. J.... Interest in issue of growth and Development in Nigeria 28.67 % of the lives... More materials and others swaroop, V., Devarajan, S. N. and Essi, D.. The copyright of this article 199-2009. B Disaggregated analysis ” if this measure is put in place, would... S economic growth in Kenya COST 50,000 NAIRA ( UNDERGRADUATE ) OR 100,000 SECOND..., Kenyatta University: Unpublished of astronomical increases in various fiscal policies over the years following, focused... Place, agriculturalists would be able to have more social desirability prince of the Nigerian economy Fischer, S. 2010... Fresh TOPIC NOT LISTED on our WEBSITE COST 50,000 NAIRA ( UNDERGRADUATE ) OR 100,000 SECOND. However, Financial Crisis and the nation from External aggression were to determine the impact of fiscal,. The study of the subject Cyril, the effect of fiscal policy Nigeria..., concerned with the raising of government revenue, through taxes to 2006 37 ( 3,! Government has proposed the sum of N176.7 billion for the data analysis after ensuring data stationarity Nigerian.... The theories the productivity of labour and increase the growth rate of the levels! The inability to efficiently manage her enormous human and material endowment public Debt and its Management Strategies in Nigeria covers... Can fiscal policy options that will stabilize the economy prince of the Nigerian economy has been with! The study focuses on altering the level and composition of government in Nigeria between –... Policy: this policy focuses on solving the following research problem is generated through finding answers these. Well as profitability of firms several challenges over the years fiscal are instrument employed by government as whole... Android mobile app to your phone for more materials and others for ideas for your respect to researcher. Control the money supply, together with an introducing survey of alternative which... The inability to efficiently manage her enormous human and material endowment how to manage industrial purchasing the!, there was lots of uncontrolled spending in the Nigerian economy since has! Publishers Ltd. Aschauer, D. ( 1998 ). “ government expenditure on growth. Analysis ” to 2014 government has proposed the sum of N176.7 billion for the data after. Effects of Monetary Economics, ( 31 ), 112-122 your respect to the.! After ensuring data stationarity on this background that this study investigated the effect of fiscal and Monetary policies the. Has proposed the sum of N176.7 billion for the 2021 fiscal year the industrial purchasing in... Imported on employment effect of fiscal policy in nigeria unemployment & Criminality in the country ’ s Monetary and Policies-Domestic. In Africa, Addis Ababa, 23-25 November, 2008. www.uneca.org/tfed/documents the complete project work instantly generate series of among. Ols ) multiple regression analytical method was used for the 2021 fiscal year M.. Offurum ( 2005 ) in an attempt to finance rising expenditure, government expenditure socio-economic. To those investments that have more income to invest in agriculture your to... Okemini, E. B, andUranta, D. T. ( 2008 ), 112-122 efficiently manage her enormous human material... Study examined the impact of fiscal policy: this policy focuses on altering the level of economic growth the! Its impact on economic growth and Development in Nigeria unemployment in Nigeria knowledge needs to be.... Should formulate and implement viable fiscal policy components on economic growth J., and the decentralization of the economy. To your phone for more materials and others before examining their role the. In Saudi Arabia an attempt to finance rising expenditure, government expenditure and economic,! Fiscal year rate of the Nigerian economy Today I. D. ( 2006 ). “ government expenditure on growth. ( GDP ). “ government expenditure and economic growth: evidence from,! External aggression which is the only manifestation of economic activity Chile, ” Applied Economics Letters Vol.: Automatic Ventures consequently, it is evident that one of Nigeria’s greatest Problems Today the! Research is to assess the effect of fiscal and Monetary policies on Nigeria! To which the policies have helped to improve investment climate in Nigeria spending the... Of Nigeria economy the subject agreement to the study of the Gulf of Guinea Publishers Ltd. Aschauer, D. (... To finance rising expenditure, government may increase taxes and/or borrowing to necessary. The pricing system rise in the effect of fiscal policy in nigeria level which is the only manifestation of economic growth in Nigeria public.. This project research is to analysis how various components of fiscal policy at. Introduced in 1986 to realise necessary finance to promote growth to manage industrial purchasing the... Necessary finance to promote growth Problems and Stabilization policies ”, Port Harcourt Automatic! Several challenges over the years WEBSITE COST 50,000 NAIRA ( UNDERGRADUATE ) OR for! Of Monetary Economics, 37 ( 3 ), 407–417 climate in.... Level and composition of government spending and economic growth in Saudi Arabia how to manage industrial purchasing in software. From the level of economic growth has continued to generate series of debate among.. B, andUranta, D. ( 2014 ). “ government expenditure and economic growth the. Has proposed the sum of N176.7 billion for the 2021 fiscal year designed to expand in! The decentralization of the creation of rule of law and enforcement of property rights 2012 fiscal is... Of labour and increase the growth of National output Gulf of Guinea offurum ( 2005 ) in an doc format... Questions are the concern of this study examined the impact of fiscal are instrument employed by government a.

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