An examination of global governance on financial market regulation: Evidence from the IMF’s policy frameworks in Abuja
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style:
- Recommended for :
- NGN 5000
Background of the Study
Global financial markets are increasingly interconnected, necessitating robust regulatory frameworks to ensure stability and transparency. The International Monetary Fund (IMF) plays a critical role in shaping financial market regulation through its policy frameworks and advisory services. In Abuja, the IMF’s guidelines have influenced domestic financial policies, helping to harmonize regulatory practices and improve market oversight (Okeke, 2023). These frameworks aim to prevent financial crises, mitigate systemic risks, and promote investor confidence by establishing standards for capital adequacy, liquidity, and risk management. However, the effectiveness of the IMF’s policy frameworks depends on their domestic implementation, which can be challenged by institutional weaknesses, political interference, and economic volatility (Adeniyi, 2024). This study examines the impact of global governance on financial market regulation in Abuja by evaluating the IMF’s policy frameworks, assessing their implementation, and identifying challenges and successes in aligning domestic regulations with international standards.
Statement of the problem
Although the IMF’s policy frameworks are designed to stabilize financial markets, their implementation in Abuja faces challenges. Inadequate institutional capacity, political dynamics, and market volatility may undermine the intended outcomes of these regulatory measures (Chinwe, 2023). This study seeks to evaluate whether the IMF’s guidelines effectively enhance financial market regulation in Abuja or if systemic obstacles reduce their impact. Addressing these issues is crucial for ensuring that global governance mechanisms contribute to a more stable and transparent financial system.
Objectives of the Study
To evaluate the impact of the IMF’s policy frameworks on financial market regulation in Abuja.
To identify challenges in implementing these frameworks.
To propose recommendations for improving domestic regulatory practices.
Research questions
How do the IMF’s policy frameworks affect financial market regulation in Abuja?
What challenges hinder their effective implementation?
What measures can enhance the alignment of domestic regulations with international standards?
Significance of the Study
This study is significant as it explores the role of global governance in regulating financial markets through the lens of the IMF’s policy frameworks. Its findings will benefit policymakers, financial regulators, and market participants by highlighting best practices and identifying key obstacles to effective regulation. The recommendations aim to strengthen domestic regulatory systems, ensuring greater financial stability and transparency (Okeke, 2023; Adeniyi, 2024).
Scope and Limitations of the Study
The study is limited to examining the impact of IMF policy frameworks on financial market regulation in Abuja and does not extend to other aspects of financial governance or other regions.
Definitions of terms
Global Governance: International coordination and regulatory frameworks that manage global issues.
Financial Market Regulation: Rules and policies aimed at ensuring stability, transparency, and fairness in financial markets.
IMF Policy Frameworks: Guidelines and recommendations provided by the International Monetary Fund for national economic and financial regulation.
Related Project Materials
EVALUATION OF HAEMATOLOGICAL PROFILES OF WOMEN AND CHILDREN INFECTED WITH MALARIAL PARASITES IN BOSSO AND PAIKORO LOCAL GOVERNMENT AREAS OF NIGER STATE
ABSTRACT
Malaria continues to be a major public health challenge especially in the African region despite the availability of anti malari...
Exploring the Use of AI for Automated Grading of Essays in Ahmadu Bello University, Zaria, Kaduna State
Background of the Study
Automated essay grading using artificial intelligence (AI) has emerged as a promising approach to...
The effect of free education policy on literacy levels in Umuahia North Local Government Area, Abia State
Background of the study
The free education policy has been implemented to increase literacy levels and improve access to qu...
An investigation of the influence of local customs on pragmatic language use in Tiv communities in Benue
Background of the Study
Local customs significantly influence how language is used pragmatically within Tiv communities in...
An assessment of early childhood education policies and their implementation in Damaturu Local Government Area, Yobe State
Background of the Study
Educational policies serve as a framework for ensuring quality and consistency in early childhood...
An Investigation of Nurses' Role in Ensuring Dignity and Comfort in End-of-Life Care in Zamfara State Healthcare Facilities
Background of the Study: End-of-life care is not only about medical management but also about ensuring that...
An assessment of the influence of cultural festivals on pragmatic language use in Efik during the New Yam Festival in Cross River State
Background of the Study
Cultural festivals serve as a vibrant stage for traditional language and communication practices....
An Assessment of Access to Healthcare Among the Elderly in Yobe State
Background of the Study:
Access to healthcare for the elderly is a growing concern in many developing regions, particularly...
THE ROLE OF INDUSTRY 4.0 IN RESHAPING VOCATIONAL JOB MARKETS
ABSTRACT: This study examines the role of Industry 4.0 in reshaping vocational job markets, exploring the impact of advanced technologies on j...
PRINCIPALS AND SUPERVISION OF INSTRUCTION AND ACADEMIC PERFORMANCE OF JSS 3 STUDENTS IN EDUCATION
ABSTRACT
This study was carried out to examine principals and supervision of instruction and acade...
