THE IMPACT OF FOREIGN LOAN AND FOREIGN INVESTMENT ON THE NIGERIA ECONOMY
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
This study examined the impact of foreign loan and foreign investment on the Nigerian economy. Real gross domestic product was used as a proxy for economic growth which is the dependent variable while external debt stock, foreign direct investments and exchange rate were the independent variables. External debt stock and foreign direct investments were used to capture the economic situation in Nigeria.
The Johansen co-integration test was used to test the first hypothesis of no long run relationship between external debt and economic growth. The null hypothesis was accepted as the results showed no long run relationship between external debt and economic growth. The Granger causality test was used to test the second null hypothesis of no causal relationship between external debt and economic growth in Nigeria. The null hypothesis is rejected as the results show that there exist bi-directional causal relationship between external debt and economic growth.
Related Project Materials
INFLUENCE OF SOCIO ECONOMIC BACKGROUND ON SECONDARY SCHOOL STUDENT PERCEPTION OF THEIR SCHOOL LEARNING ENVIRONMENT IN CALABAR MUNICIPALITY, CROSS RIVER STATE
Background to the study
Socio-economic background or status refers to a person’s position in a gi...
FISCAL FEDERALISM AND REVENUE ALLOCATION FROM FEDERATION ACCOUNT TO STATES EQUITABLE AND FAIR
ABSTRACT
The study examines fiscal federalism and revenue allocation from federation account to States,...
INFLUENCE OF EARLY CHILDHOOD EDUCATION ON ETHICAL BEHAVIOR
ABSTRACT: Early childhood education (ECE) plays a vital role in shaping et...
ELECTION RIGGING AND POLITICAL INSTABILITY IN NIGERIA
Abstract
In human society, politics is seen as every day game, individuals or group struggle to dominate over the activ...
ASSESSMENT OF AGRICULTURAL SECTOR AS A KEY TO DIVERSIFICATION OF THE NIGERIAN ECONOMY FOR SUSTANABLE DEVELOPMENT
BACKGROUND OF THE STUDY
Economic history provides strong evidence that an agricultural revolution is a necessary precond...
AN ASSESSMENT OF PERSONAL AND ENVIRONMENTAL HYGIENE IN THE TRANSMISSION OF COMMUNICABLE DISEASES
ABSTRACT
The primary objective of this study is to examine personal and environmental hygiene in the tr...
AN EXAMINATION OF THE CAUSES AND METHODS OF EXAMINATION MALPRACTICE IN THE EDUCATIONAL SYSTEM
EXCERPT FROM THE STUDY
- The major causes of examination malpractice among numerous others include; unpreparedness of students for...
Read more
EFFECTS OF PUBLIC RELATIONS ON HOTEL MANAGEMENT
Background of the Study
Because of the growing level of competition in the business world in recent years, companies hav...
Read moreEVALUATING CRIME CONTROL AND REHABILITATION PROGRAMMES IN KIRIKIRI AND KUJE PRISONS
Background to the Study
Generally, news of crime and criminal acts elicit different reactions from the people. Sometimes people are intri...
Read moreA STATISTICAL REVIEW OF MALARIA CASES AMONG CHILDREN AND ADULT
Background of the study
The Malaria remains one of the most serious global health problems. There are an estimated one m...
Read more
