Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download External Debt Burden And Macroeconomic Performance In Nigeria 1970 1999 PDF full book. Access full book title External Debt Burden And Macroeconomic Performance In Nigeria 1970 1999.
| Author | : T. K. Yekini |
| Publisher | : |
| Total Pages | : 68 |
| Release | : 2002 |
| Genre | : Debts, External |
| ISBN | : |
| Author | : Simeon Ibidayo Ajayi |
| Publisher | : |
| Total Pages | : 80 |
| Release | : 1991 |
| Genre | : Debts, External |
| ISBN | : |
Covers the period from 1970 to 1988.
| Author | : Okosodo Lawrence |
| Publisher | : LAP Lambert Academic Publishing |
| Total Pages | : 136 |
| Release | : 2013-01 |
| Genre | : |
| ISBN | : 9783659207631 |
The book titled: The impact of external debt burden on the growth of agricultural and manufacturing sectors of the Nigerian economy dwells on the definitions of external debt as debts incurred by the government through borrowings in the international financial market to support domestic investments and balances of payment deficits, which could not be repaid when they fall due. It also deals with the rational for external debt, causes of external debt, external debt and macroeconomic policies and Nigeria's debt profile and its consequences for development. When the data collected for the research were subjected to co-integration test by using the Augmented Dickey - Fuller root test, the following results were obtained. It was found that there was inverse relationship between debt service payment and agricultural production and it was also seen that external debt and manufacturing output have a direct relationship which indicates a significant growth on the Nigerian economy. It was recommended that the rise of externally borrowed funds for government projects must be closely monitored in order to ensure that they are applied efficiently and effectively.
| Author | : Mr.Barry J. Eichengreen |
| Publisher | : International Monetary Fund |
| Total Pages | : 60 |
| Release | : 2019-01-15 |
| Genre | : Business & Economics |
| ISBN | : 1484392892 |
We consider public debt from a long-term historical perspective, showing how the purposes for which governments borrow have evolved over time. Periods when debt-to-GDP ratios rose explosively as a result of wars, depressions and financial crises also have a long history. Many of these episodes resulted in debt-management problems resolved through debasements and restructurings. Less widely appreciated are successful debt consolidation episodes, instances in which governments inheriting heavy debts ran primary surpluses for long periods in order to reduce those burdens to sustainable levels. We analyze the economic and political circumstances that made these successful debt consolidation episodes possible.
| Author | : M. Ayhan Kose |
| Publisher | : World Bank Publications |
| Total Pages | : 403 |
| Release | : 2021-03-03 |
| Genre | : Business & Economics |
| ISBN | : 1464815453 |
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
| Author | : A. Carl LeVan |
| Publisher | : Cambridge University Press |
| Total Pages | : 309 |
| Release | : 2015 |
| Genre | : Political Science |
| ISBN | : 1107081149 |
This book argues that the structure of the policy-making process in Nigeria explains variations in government performance better than other commonly cited factors.
| Author | : Leslie Lipschitz |
| Publisher | : Cambridge University Press |
| Total Pages | : 312 |
| Release | : 2019-01-23 |
| Genre | : Business & Economics |
| ISBN | : 1108568467 |
Understanding macroeconomic developments and policies in the twenty-first century is daunting: policy-makers face the combined challenges of supporting economic activity and employment, keeping inflation low and risks of financial crises at bay, and navigating the ever-tighter linkages of globalization. Many professionals face demands to evaluate the implications of developments and policies for their business, financial, or public policy decisions. Macroeconomics for Professionals provides a concise, rigorous, yet intuitive framework for assessing a country's macroeconomic outlook and policies. Drawing on years of experience at the International Monetary Fund, Leslie Lipschitz and Susan Schadler have created an operating manual for professional applied economists and all those required to evaluate economic analysis.
| Author | : Per-Åke Andersson |
| Publisher | : Nordic Africa Institute |
| Total Pages | : 144 |
| Release | : 2000 |
| Genre | : Business & Economics |
| ISBN | : 9789171064622 |
A study which discusses the structural problems in Zambia and the policies of adjustment that have been tried. It also analyses the impact of various strategies with regard to external resource transfers. The results show that the scope for growth is highly dependent on the tightness of the external resource constraint, and that debt service tends to dominate the policy-making.
| Author | : Mr.Udaibir S. Das |
| Publisher | : International Monetary Fund |
| Total Pages | : 128 |
| Release | : 2012-08-01 |
| Genre | : Business & Economics |
| ISBN | : 1475505531 |
This paper provides a comprehensive survey of pertinent issues on sovereign debt restructurings, based on a newly constructed database. This is the first complete dataset of sovereign restructuring cases, covering the six decades from 1950–2010; it includes 186 debt exchanges with foreign banks and bondholders, and 447 bilateral debt agreements with the Paris Club. We present new stylized facts on the outcome and process of debt restructurings, including on the size of haircuts, creditor participation, and legal aspects. In addition, the paper summarizes the relevant empirical literature, analyzes recent restructuring episodes, and discusses ongoing debates on crisis resolution mechanisms, credit default swaps, and the role of collective action clauses.
| Author | : Jaejoon Woo |
| Publisher | : International Monetary Fund |
| Total Pages | : 48 |
| Release | : 2010-07-01 |
| Genre | : Business & Economics |
| ISBN | : 1455201855 |
This paper explores the impact of high public debt on long-run economic growth. The analysis, based on a panel of advanced and emerging economies over almost four decades, takes into account a broad range of determinants of growth as well as various estimation issues including reverse causality and endogeneity. In addition, threshold effects, nonlinearities, and differences between advanced and emerging market economies are examined. The empirical results suggest an inverse relationship between initial debt and subsequent growth, controlling for other determinants of growth: on average, a 10 percentage point increase in the initial debt-to-GDP ratio is associated with a slowdown in annual real per capita GDP growth of around 0.2 percentage points per year, with the impact being somewhat smaller in advanced economies. There is some evidence of nonlinearity with higher levels of initial debt having a proportionately larger negative effect on subsequent growth. Analysis of the components of growth suggests that the adverse effect largely reflects a slowdown in labor productivity growth mainly due to reduced investment and slower growth of capital stock.
