THE IMPLICATION OF COMMON CURRENCY FOR WEST AFRICAN COUNTRIES
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
This project research is primarily aimed at dealing with the implications of a common currency for West African countries. As the world is geared towards globalization, West African countries deemed it very imperative to adopt the use of common currency in the sub-region just like their European or Francophone counterparts.
The central focus of this research is to know the extent to which the ECOWAS member states have gone in establishing a common currency for West African, to find out if the introduction of West African common currency will enhance economic growth and development in the sub-region; to examine some policy measures introduced to boost the adoption of a west African common currency. To achieve these, the researcher made use of both primary and secondary data questionnaire were extensively distributed to the officials of CBN (Enugu zonal office), First Bank Plc (zonal office Enugu) and NACIMA also in Enugu.
Based on the objectives of the study, the findings reveal that the extent to which the ECOWAs member states have gone in establishing a common currency for west Africa is not impressive nor encouraging. The establishment of a common currency for west Africa will only enhance economic growth and development in the sub " region if member stats are sincere and dedicated to the common objective, the policy measures introduced to boost the adoption of a west Africa, common currency is less encouraging and other berecuatracice associated with the introduction of common currency for west Africa in relation to trade within the sub-region could not help matters. Based on this findings, recommendations were member states that should be dedicated and committed to the project as it will, unequivocally, enhance their economic well "being an boost their political and economic image worldwide.
Related Project Materials
THE IMPACT OF CAPITAL MARKET ON THE ECONOMIC DEVELOPMENT IN NIGERIA (1985-2011)
ABSTRACT
Many efforts have been made towards understanding the relationship between capital market and the economic development of Nigeri...
TAXATION AS AN INSTRUMENT OF FISCAL POLICY IN NIGERIA
ABSTRACT
This research work is an attempt to examine how taxation is used as a fiscal policy tool in planning, controlli...
AWARENESS OF THE DANGERS OF TEENAGE PREGNANCY AND MOTHERHOOD AMONG TEENAGE MOTHERS
ABSTRACT
The study examined teenage pregnancy and the awareness of dangers of teenage pregnancy employed by Tee...
INVESTIGATION OF THE EFFECT OF COVID-19 PANDEMIC ON SPORTING ACTIVITIES
ABSTRACT
This study was carried out on the effect of covid-19 pandemic on sporting activities. To achie...
IMPACT OF STAFF DEVELOPMENT IN EFFECTIVE MANAGEMENT OF GOVERNMENT PARASTATALS
BACKGROUND TO THE STUDY
Tuoyo (1982) pointed out the electricity occupies a strategic position in the social and indust...
NEW TESTAMENT PRINCIPLES OF CHURCH FINANCING IN NIGERIA (A CASE STUDY OF FOUR-SQUARE GOSPEL CHURCH)
ABSTRACT
This study was carried out to examine new testament principles of church financing in Nig...
THE EFFECT OF OUTSOURCING ON MANAGEMENT ACCOUNTING FUNCTIONS
Abstract:
This study investigates the effect of outsourcing on management accounting functions in Lagos...
IMPACT OF ADULT EDUCATION ON NATIONAL DEVELOPMENT
Abstract: The topic of this research is the impact of adult education on national development. This study aimed to explore how adult education...
TAX IMPLICATIONS OF INTERNATIONAL TRANSACTIONS IN PUBLIC ACCOUNTING
TAX IMPLICATIONS OF INTERNATIONAL TRANSACTIONS IN PUBLIC ACCOUNTING
ABSTRACT
The study aims to assess the tax implications of i...
DESIGN AND IMPLEMENTATION OF A COMPUTER BASED INFORMATION SYSTEM FOR THE PROJECTION OF STUDENT’S ENROLMENT IN UNIVERSITIES
INTRODUCTION
The project work deals on computer based planning information system for the projection of...
