THE ECONOMIC IMPLICATION OF INCREASING EXTERNAL DEBT LIABILITY IN NIGERIA
- Project Research
- 1-5 Chapters
- Quantitative
- Regression
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
ABSTRACT
The study explores the economic implication of increasing external debt liability in Nigeria. Time series data on external debt stock and external debt service was used to capture external debt burden . The objective of this study was to see if there was a long-run and causal relationship between external debt liability and Nigerian economic growth. From 1999 to 2020, time series data on Real Gross Domestic Product, External Debt Stock, External Debt Payments, and Exchange Rate were used to perform an empirical study. The Augmented Dickey Fuller (ADF) test, Johansen Co-integration, Vector Error Correction Mechanism, and Granger Causality Test were among the estimation techniques used in the study. External debt and economic development in Nigeria have a negligible long-run relationship and a bi-directional relationship, according to the findings.
Related Project Materials
AN ASSESSMENT OF COVID-19 LOCKDOWN AND ITS EFFECTS ON POS WITHDRAWAL CHARGES IN NIGERIA
BACKGROUND OF THE STUDY
COVID-19 was found in Wuhan, China, in December 2019. However, it spread quickl...
An assessment of the influence of modern infrastructure development on archaeological sites in Isiala Ngwa South Local Government Area, Abia State
Background of the Study:
Modern infrastructure development, including road construction, urban expansion,...
CHANGE IN POLITICAL ADMINISTRATION AND ITS IMPACT ON THE ECONOMY: AN APPRAISAL OF THE MUHAMMADU BUHARI’S ADMINISTRATION
Abstract
Change is a major part of our lives, whether it is change in industries, technologies or various sectors such...
IMPACT OF ELECTRONIC PAYMENT SYSTEM ON CUSTOMER SATISFACTION
ABSTRACT
The study examined the impact of electronic payment system on customer satisfaction in Nigeria...
Development of a Machine Learning-Based Course Performance Prediction System in University of Maiduguri, Borno State
Background of the Study
Machine learning has increasingly become a vital component in educational analytics, particularly...
AN ASSESSMENT OF COST CONTROL STRATEGIES FOR SUSTAINABLE BUSINESS OPERATIONS
Abstract:
This study assesses the impact of cost control strategies on sustainable business operations...
FLOOD GENERATING STRUCTURES IN KUBWA URBAN LANDSCAPE
ABSTRACT
This research work examined flood generating structures on Kubwa urban landscape Bwari Area Council. It is...
THE ROLE OF LEADERSHIP STYLES IN CONFLICT RESOLUTION
THE ROLE OF LEADERSHIP STYLES IN CONFLICT RESOLUTION
This study explores the role of l...
Assessing the Role of Reinsurance in Enhancing Financial Sector Stability in Nigeria
Background of the Study
Reinsurance, the practice of transferring portions of risk from primary insurers to other companie...
An Evaluation of Risk Management Strategies in the Insurance Sector: A Study of AIICO Insurance in Kano State
Background of the Study
Risk management is a critical aspect of the insurance industry, as it involves identifying, assessing, and mitiga...
