ABSTRACT
This study examines the external debt burden and the economic growth in Nigeria. Data for the study are collected from the World Bank and Central Bank of Nigeria Statistical Bulletin. The variables on which data are sourced include gross domestic product, domestic debt, external debt, and real interest rate. Gross domestic product is the dependent variable while external debt, Domestic debt and real interest rate are the major explanatory variables. The scope of the study covers the period from 2002 to 2013 and data are analyzed using the ordinary least squares regression technique. The regression results indicate that external debt exerts a significant negative influence on economic growth and that external debt has a strong and significant more than domestic debt. The other factors are insignificant in explaining economic growth under this scenario. Thus, the study recommends a more purposeful borrowing pattern and revenue generation through profitable capital investments as the remedy for a foreign debt crisis in the country. The study also suggests a revival of abandoned industries as a more effective way of reducing foreign borrowing, creating employment opportunities and alleviating poverty in the country.
ABSTRACT
This study investigates THE IMPACT OF DEMOGRAPHIC SHIFTS ON INTERNATIONAL ACCOUNTING PRACTICES, with objectives to identify key...
ABSTRACT
This study was carried out to examine the assessment of guests satisfaction of service qu...
Background to the Study
Existence of organization predated modern civilization. Man has been managing his time, shelter,...
ABSTRACT
The purpose of this study was to explore the role of gender culture in shapin...
ABSTRACT
The current wave of globalization and technological revolution has had a tremendous effect on companies‟ income tax in Nigeria....
Abstract
Evidence abounds of Nigeria’s quest for a permanent seat in the United Nations Security Council
ABSTRACT
This study was carried out to examinethe psycho-sociological determinants of knowledge and awareness of child a...
ABSTRACT
THE PROJECT IS ON THE IMPORTANCE OF THE POPULATION CENSUS TO THE SUSTAINABLE ECONOMIC DEVELOPMENT OF NIGERIA...
Abstract : THE INFLUENCE OF ARTIFICIAL INTELLIGENCE IN RECRUITMENT PROCESSES
This study investigates the influence of artificial intellig...
Abstract: This study examines the impact of adult education on ethical decision-making. Adult education is pivotal in fostering ethical awaren...