ABSTRACT
The study investigated the impact of external debt on economic growth in Nigeria for the period 1980-2012. Time series data on external debt stock and external debt service was used to capture external debt burden. The study set out to test for both a long run and causal relationship between external debt and economic growth in Nigeria. An empirical investigation was conducted using time series data on Real Gross Domestic Product, External Debt Stock, External Debt Payments and Exchange Rate from 1980-2012. The techniques of Estimation employed in the study include Augmented Dickey Fuller (ADF) test, Johansen Co-integration, Vector Error Correction Mechanism and Granger Causality Test. The results show an insignificant long run relationship and a bi-directional relationship between external debt and economic growth in Nigeria.
Background to the Study
Poor environmental quality is widely recognized as posing a severe threat...
ABSTRACT
The issue of motivation has continually posed a big challenge to business organizations around the globe especially in the manuf...
Background To The Study
In this period of high unemployment, selecting the proper career path can pave the road for futu...
ABSTRACT
Companies desire earnestly to improve their performance in the market. All marketing decisions...
SUMMARY
In industry, business, and homes worldwide, metal alloys called stainless steels are used extensively. Stainless steel is a gener...
This study examined the role of the press in national building. The study was limited to Government owned media houses in Uyo...
ABSTRACT
This project work is the role of reward and punishment on student’s academic performance in some...
ABSTRACT
This study focused on “An assessment of the management of students’ Welfare services in universities in three Geo-Po...
ABSTRACT
This research work presents a scheme that identifies line outage and generator outage using contigency analysis and effectively...
Abstract
This study investigated the Efficacy of Social Media in enhancing Socialization among Social Studies Students in Colleges of Edu...