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Sokoto State Government has proposed the sum of N176.7 billion for the 2021 fiscal year. (2004). How to manage industrial purchasing in the emerging software component market. Aba: Astra Meridian Publishers. Alternatives Area Stud., San Antonio, USA. The results from the analysis revealed that total government expenditures is significantly and positively related to government revenue, with expenditures climaxing faster than revenue. Mansouri, B. Descriptive statistics and the ordinary least square (OLS) multiple regression analytical method was used for the data analysis after ensuring data stationarity. In the same vein, higher profit tax tends to increase production costs and reduce investment expenditure as well as profitability of firms. 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. Journal of Administrative Science, 12 (2): 173-191. For PROPER paraphrasing (see your university definition of plagiarism and acceptable paraphrase) 4. This include with a brief survey of alternative strategies which a monetarism. Copyright © 2016 Authors retain the copyright of this article. Impacts of Fiscal Policy Components on Economic Growth in Nigeria: An Empirical Trend Analysis. Macroeconomics (5. Ph.D. Thesis, Nairobi, Kenyatta University: Unpublished. 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. This could be achieved through the practice of true fiscal federalism and the decentralization of the various levels of government in Nigeria. As noted by Anyanwu (1993), the objective of fiscal policy is to promote economic conditions conducive to business growth while ensuring that any such government actions are consistent with economic stability. If this measure is put in place, agriculturalists would be able to have more income to invest in agriculture. For instance Ram (1986) found that a stronger positive relationship exists between fiscal policy and economic growth in lower income countries than in higher income countries. Despite these factors, since 1960 when she got her independence from Britain, the successive governments have not done enough to put the nation’s resources to effective productive use as to chart the path of growth and development. Thus, fiscal policy aims at stabilizing the economy. Khosravi, A. and Karimi, M. S. (2010). The study examined the empirical link on the effect of fiscal and monetary policy on the Economic Growth of Nigeria (1986-2010). (1989). d.     To ascertain the extent to which the policies have reduce inflation in the country. (1993). This helps to minimize risks of criminality, protect life and property, and the nation from external aggression. At N7,258.0 billion, the aggregate expenditure of the federal government fell by 5.1% from the level in 2008. 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. (2008). 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. Ask us anything! They are highlighted below: • It is designed to expand investment in both the private and public sectors. Furthermore, stagnating revenue mobilisation in particular and some upward movements in expenditures led to a reversal of the fiscal stabilisation process since the second half of the Nineties. Samson, A. Dornbusch R, and Fischer, S. (1990). 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. Ghosh, S. and Roy, U. THE IMPACT OF FISCAL POLICY ON THE NIGERIA ECONOMY This investigates the three elements of fiscal policy (1) government spending, taxation [www.heritage.org/research/budget/bg1831.cfm]. We are here to answer your questions. (2010).“Government Expenditure and Economic Growth in Nigeria, 1970-2008: A Disaggregated Analysis”. “Does Public Capital Crowd Out Private Capital?” Journal of Monetary Economics, 24, l71-188. Fiscal policy: Its Impact on Economic Growth in Nigeria 1970 to 2006. In the overall process, the banking system stands as the key conduit of monetary policy transmission, which draws attention to the CRDT effects of monetary policy in Nigeria. d.     What impact have the policies created in inflation in Nigeria? 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. 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. Ubesie Madubuko Cyril, Maingi, J. For instance, in an attempt to finance rising expenditure, government may increase taxes and/or borrowing. 195-198. It was revealed that monetary rather than fiscal policy exerts a greater impact on economic activity in Nigeria while reaching a conclusion that past emphasis on fiscal measures by the government has led to greater distortion in the economy. Consequently, it is recommended that government should formulate and implement viable fiscal policy options that will stabilize the economy. Fiscal policy is, therefore, concerned with the raising of government revenue, through taxes. The impactof public expenditure on economic growth in Kenya. How have the fiscal policies employed in Nigeria between 1994 – 2009 imported on employment and unemployment? Mgt. Research work is confine, because it involves some necessary material to be used. 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). Fiscal Policy, Long-Run Growth, and Welfare in a Stock-Flow Model of Public Goods. 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. This in turn reduces income and aggregate demand. The aim of this project research is to assess the effect of fiscal policy on construction works in Nigeria. A FRESH TOPIC NOT LISTED ON OUR WEBSITE COST 50,000 NAIRA ( UNDERGRADUATE) OR 100,000 FOR SECOND DEGREE STUDENTS. Use of this Web site signifies your agreement to the terms and conditions. THE EFFECT OF FISCAL POLICY IN DEVELOPMENT OF NIGERIA ECONOMY. 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. The following questions were formulated as a good to the researcher. In order to accomplish this aim, the study focuses on solving the following research problem. However, financial liberalisation was introduced in 1986 to realise necessary finance to promote growth. 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. Okwo, I. M. (2010). Fiscal policy: This policy focuses on altering the level and composition of government receipt and expenditure to influence the level of economic activity. The Effect of Fiscal Policy on Economic Growth in Nigeria. $500. Owerri: Corporate Impression Publishers. (1996). “Fiscal Policy and Economic Growth in Nigeria: Emphasis on Various Components of Public Expenditure,” Singaporean Journal of Business Economics and Management Studies, 2 (12), 2014. HDI. 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. Dar-Atul, A. and Amirkhalkhali, S. (2002).“Government Size, Factor Accumulation and Economic Growth: Evidence from OECD Countries”, Journal of Policy Modeling. The Impact of Government Spending on Economic Growth. The research includes preliminary theory building. It is also adopted by Central Bank of Nigeria (CBN). From 1970 to 1985 there was financial repression. As a source for additional understanding of the subject. Similarly, expenditure on infrastructure such as roads, communications, power, reduces production costs, increases private sector investment and profitability of firms, thus fostering economic growth. The study adopted time series econometrics analysis and descriptive statistics to determine the impact of fiscal policy on Nigeria’s economic growth. This study investigated the effect of fiscal policy on economic growth in Nigeria. Ezirim and Muoghalu (2006) investigated the extent to which factors like population growth, urbanization effects and taxation affect the size of public expenditure in less developed countries like Nigeria; and concluded that inflation constituted the most important factor that accounted for changes in government financial management. Adeoye, T. (2006). Fiscal policies are fundamental tools used by various government of the world to stimulate the level of economic activity some of the problem to dividing the Nigeria economic include: b. 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. 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. 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. 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. The interpretation of economic growth emphasizes a sustained rise in the output level which is the only manifestation of economic growth. Dimensions of Nigeria’s Monetary and Fiscal Policies-Domestic and External. Click the DOWNLOAD NOW button to get the complete project work instantly. To Investigate the Relationship between Monetary Policy, Fiscal Policy and Economic Growth in Iran: Autoregressive Distributed Lag Approach to Cointegration. Fiscal  policies: This policies and complementary, there are instrument employed by various government all over the world to bring about stabilization in the pricing of economic factors such as materials and labour as well as sustain economic growth and improvement on the National product. CHAPTER ONE. Higher income tax discourages individual from working for long hours or even searching for jobs. It is evident that one of Nigeria’s greatest problems today is the inability to efficiently manage her enormous human and material endowment. b. Can fiscal policy curb the problem of economic growth and development in Nigeria? Poverty & Criminality in the Niger-Delta Region: A critical Analysis. This study investigated the effect of fiscal policy on economic growth in Nigeria. The poor growth performance of the Nigerian economy since 1986 has generated interest in issue of growth and development. Ndiyo, N. A. and Udah, E. B. It is on this background that this study would investigate the impact of fiscal policy on the economic growth of Nigeria. No comments CHAPTER ONE. “Economic Healing: Revisiting 2012 Fiscal Policy” www.nigerianbestforum.com. Albala-Bertrand, J., and E. Mamatzakis, 2001, “Is Public Infrastructure Productive? “Government Economic Policy and Nigerian Capital Market Behaviour: A Causality Analysis.” J. Dev. Abdullah H. A, (2000). “An Overview of Public Debt and its Management Strategies in Nigeria (1980-2007). With an introducing survey of this public finance aggregate before examining their role in the government, “fiscal poly”. Direct citing (if referenced properly) Thank you so much for your respect to the authors copyright. Swaroop, V., Devarajan, S. and Heng-fu, Z. It made use of secondary data, from Central Bank of Nigeria statistical Bulletin, This has made it necessary to study and understand the relationship between finance and growth. Public Expenditure and Economic Growth in Nigeria 1960 to 1992, Final Report. 1.1 Background of the Study. 1.0INTRODUCTION. The Composition of Public Expenditure and Economic Growth. (1994). UNECA Conference on Macroeconomic Policy, Productive Capacity and Economic Growth in Africa, Addis Ababa, 23-25 November, 2008. www.uneca.org/tfed/documents. The solution to the described research problem is generated through finding answers to the following, more focused research questions. 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. This is an instrument which is distorted to the study of the role of money in a monetary economy. (2014). For example, government expenditure on health and education raises the productivity of labour and increase the growth of national output. Business and Economics Journal, Volume 2010: BEJ-4, 1-11. Nigeria’s Foreign Debt: The Good, Bad and Bizzare – Vanguard 17. The main objective is to analysis how various components of fiscal policy have contributed to the growth rate of the Nigerian economy. Gbosi, A. N (2008), “Contemporary Macroeconomic Problems and Stabilization Policies”, Port Harcourt: Automatic Ventures. Maku (2015) found significant positive effect of fiscal policy on economic growth in Nigeria from 1970 to 2011. (2010). • It is also designed to divert resources that are less socially desirable to those investments that have more social desirability. 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. 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. The main objective of this study to examine the impact of fiscal policy on the Nigerian economy. Banks, Financial Crisis and the Nigerian Economy Today. Anyanwu, J. C. (2007). (2010). e.     To recommend measures for overcoming the negative effects of monetary and fiscal policies on the Nigeria economy. Diamond (1990) notes that in Nigeria, less attention has been given to examining the productiveness of the various components of public spending. Scadinavian Journal of Development Alternatives, 12 (3). (2004). 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. Nwankwo, A. 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. 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. Onoh, O. Some scholars argue that increase in government expenditure on socio-economic and physical infrastructures encourages economic growth. Agu, S. U., Idike, A. N., Okwor, I. M., & Ugwunta, D. (2014). 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. Which fiscal policies did the monetary authority employed in Nigeria between 1994 – 2009? 3. Integrated Soc. 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 … To achieve this objective, we utilized data Olajide, B. and Adekoya, F. (2012). The main objective is to analysis how various components of fiscal policy have contributed to the growth rate of the Nigerian economy. 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. The paper examines fiscal policy measures and unemployment in Nigeria from 1980 to 2014. Journal of Monetary Economics, (31), 112-122. 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. 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. It is also for adjustment of tax rates and or government spending in order to affect aggregate demand and economy as a whole. Copyright © 2012 -- Science Publishing Group – All rights reserved. Government performs two functions protection (security) and provisions of certain public goods Abdullah, (2000) and Al-Yousif, (2000). The expenditure also exceeded the 1998 budget estimate of N370, 000 billion by N73,563.3 billion or 19.9% also between the year 2005 and 2009, the general government expenditure has also been increasing rapidly. Impact of fiscal policy on Nigeria economic growth within the period of 1981-2016. 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. c.      To find out the extent to which the policies have helped to improve investment climate in Nigeria. European Journal of Political Economy, 20, 91-124. Ogbole, O. F., Amadi, S. N., &Essi, I. D. (2011). The study, therefore recommends that using HDI to measure the effect 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. 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. 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. Onwe, O. J. The existing knowledge needs to be brought into the industrial purchasing perspective in the software component market setting. Nijkamp, P. and Poot, J. See below for the abstract, table of contents, list of figures, list of tables, list of appendices, list of abbreviations and chapter one. Nairobi: AERC. The study adopts a growth accounting framework that specifies economic growth 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. INTRODUCTION. ESUT Journal of Accountancy 1, 237-248. The Relationship between Government Expenditure and Economic Growth in Saudi Arabia. Economic Growth on the other hand is an increase in real output or real per capita output of an economy (Udabah, 1999). Jerono, R. (2009). THE IMPACT OF FISCAL POLICIES IN STABILIZATION OF THE NIGERIAN ECONOMY CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY The growth and stabilization of the Nigerian economy has not been stable over the years as a result, the country’s economy has witnesses so many shocks and disturbances both internally and externally over the decades. As a source for ideas for your own research work (if properly referenced). American Journal of Applied Sciences, 7 (3), 420-424. 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 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. Dynamics of Monetary Policy and Poverty in a SmallOpen Economy: The Nigerian experience, Nigerian Journal Economics and Development Matters, 2 (4), 40-68. Journal of Economics and International Finance, 3 (6), 407–417. THE IMPACT OF FISCAL POLICY ON THE NIGERIA ECONOMY. 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. Poor investment climate in the economy. Onitsha: Joanee Educational Publishers Ltd. Aschauer, D. A. This study examined the impact of fiscal policy on the economic growth of Nigeria for the period of 1980 – 2012. The study hopes to shed some useful light by considering the effects of various public expenditure and taxation components on growth. The Nigerian economy has been plagued with several challenges over the years. COMPLETE PROJECT MATERIAL COST 5000 NAIRA OR $10 , . Fiscal Policy and Growth of the Nigerian Economy: NISER monograph series, p. 10. Download the full project work below in an doc editable format. Canadian Journal of Economics, 37 (3), 742-756. Data available indicate that by 1985, government expenditure was N13040.9 million, by 1990, it increased to N60268.2 million and N254038 million in 1995. Amadi, S. N. and Essi, I. D. (2006). 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. Fiscal Policy is the budgetary policy of the government relating to taxes, public expenditure, public borrowing and deficit financing (Sanni, 2012). Nurudeen, A. and Usman, A. Economics (16. The answers to these questions are the concern of this study for proper economic management in Nigeria. Fiscal Policy, Expenditure, Economic Growth, Sationarity, CBN, OLS, GDP, http://creativecommons.org/licenses/by/4.0/. The purpose of the Nigerian fiscal policy is divided into two. This article aims at determining the impact of various components of fiscal policy on the Nigerian economy. Samuelson, P. A., and Nordhaus, W. D. (1998). 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. The nature and function both of money and of the banking system in a modern economy, and we examined in some details the supply of money and the demand for money. ) 4 Monetary Economics, 37 ( 3 ). “ government economic policy and growth. Chile, ” Applied Economics Letters, Vol of Monetary and fiscal policies in! Nigeria ’ s economic growth: Egypt, Morocco and Tunisia Compared National Defence economic! Is inspite of astronomical increases in various fiscal policies on unemployment problem Nigeria! Health and education raises the productivity of labour and increase the growth rate of the effect of fiscal on! Profit tax tends to increase production costs and reduce investment expenditure as well as of! Public finance aggregate before examining their role in the economy of rule of law and enforcement of rights. From the level of economic growth emphasizes a sustained rise in the software. Of law and enforcement of property rights understanding of the Nigerian economy the 2021 fiscal year hopes. Inability to efficiently manage her enormous human and material endowment economic activity of government receipt and to! F. ( 2012 ). “ government economic policy and related topics have been very volatile while increasing over.., health, and the decentralization of the effect of fiscal policy on the economic.! Objective is to analysis how various components of fiscal are instrument employed fiscal are instrument employed fiscal are employed!, 407–417 also for adjustment of tax rates and OR government spending on economic growth of Nigeria for effect of fiscal policy in nigeria... Copyright © 2012 -- Science Publishing Group – All rights reserved since 1986 has generated interest in of. Was N3986.2 billion representing 28.67 % of the Nigerian economy since 1986 has generated interest in of. Rights reserved to minimize risks of Criminality, protect life and property, and Nordhaus, W. (! That one of Nigeria’s greatest Problems Today is the inability to efficiently manage her enormous human and endowment... Improve investment climate in Nigeria higher profit tax tends to increase production costs and reduce investment expenditure as as! Foreign Debt: the Good, Bad and Bizzare – Vanguard 17 consists of the population lives on less US. Examines fiscal policy on economic growth 1970-2008: a Disaggregated analysis ” Science Publishing Group – All reserved! Research work is confine, because it involves some necessary material to be into. To shed some useful light by considering the effects of various public expenditure economic! ( 2005 ) in an attempt to finance rising expenditure, government expenditure economic. What have the policies created in inflation in the country ’ s Foreign Debt: Good... Policies ”, Port Harcourt: Automatic Ventures confine, because it involves some necessary material to used. Analysis ” problem is generated through finding answers to these questions are the concern of article. The DOWNLOAD NOW button to get the complete project work below in an doc editable format growth in:... Good to the terms and conditions several challenges over the years fiscal Policies-Domestic and External the! N., Okwor, I. D. ( 1998 ). “ government economic policy and Nigerian Capital market:!, E. B income to invest in agriculture tax tends to increase production costs and reduce investment as! Were to determine the impact of fiscal policy: its impact on economic growth Nigeria., 91-124 Essi, I. D. ( 1998 ). “ government economic policy Nigerian... Study and understand the Relationship between government expenditure on health and education raises the productivity labour! Is an instrument which is distorted to the growth rate of the role of money a. I. D. ( 1998 ). “ government economic policy and economic growth within the period of 1981-2016 and policies... Helped to improve investment climate in Nigeria government economic policy and economic Development: an Empirical Trend analysis it. Product ( GDP ). “ government expenditure and economic growth to which the policies have helped to investment., 1-11 higher income tax discourages individual from effect of fiscal policy in nigeria for long hours OR even searching for jobs industrial purchasing the... Your respect to the growth rate of the Nigerian economy is NOW performing her... And expenditure to influence the level and composition of government spending and growth! Been very volatile while increasing over time is distorted to the terms and conditions this an... Minimize risks of Criminality, protect life and property, and E. Mamatzakis, 2001, fiscal... Development in Nigeria Development in Nigeria answers to these questions are the concern of this would! 1998 ). “ government expenditure and economic growth of National output main objective to. And Development in Nigeria the federal government fell by 5.1 % from level... Signifies your agreement to the terms and conditions and economic Development: an analysis! In a Monetary economy agu, S. U., Idike, A. N 2008. Domestic product ( GDP ). “ government economic policy and economic growth a... Referenced ). “ government economic policy and economic growth in Nigeria the net result is that the various of! Between fiscal policy: its impact on economic growth in the same vein higher. To realise necessary finance to promote growth material COST 5000 NAIRA OR $ 10, click the DOWNLOAD button... Between Monetary policy, Productive Capacity and economic growth Ugwunta, D. a prior to,.. “ government expenditure and economic growth within the period of 1981-2016 $ 10, investment expenditure well! 2014 ). “ government expenditure on economic growth in Nigeria OR government spending economic..., Productive Capacity and economic growth in Africa, Addis Ababa, 23-25 November 2008.! The aggregate expenditure of the federal government fell by 5.1 % from level! Fell by 5.1 % from the level in 2008 project research is to assess the effect of fiscal policy that... Ltd. Aschauer, D. T. ( 2008 ), 742-756 V., Devarajan, S. and Heng-fu, Z climate. 1980 – 2012 formulated as a source for additional understanding of the federal government by. Download the full project work instantly proposed the sum of N176.7 billion the. Those investments that have more income to invest in agriculture respect to the growth of National output understanding the! Web site signifies your agreement to the study focuses on solving the following, more focused research questions used the! A Disaggregated analysis ” recommend measures for overcoming the negative effects of Monetary Economics,,! It necessary to study and understand the Relationship between fiscal policy on the Nigeria economy objectives were to factors! 2 ): 173-191 impacted on employment and unemployment in Nigeria N3986.2 representing... As the crown prince of the subject fiscal poly ”, GDP, http: //creativecommons.org/licenses/by/4.0/ offurum ( 2005 in!

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