FACTORS THAT REDUCE SAVINGS IN NIGERIA (1980-2010)
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
This study investigates the core leading factors that reduce savings in Nigeria between 1980 -2010 using ordinary Least Square (OLS) econometric framework, which will enable us proffer solutions for the improvement of savings in the economy, which is also an important component for economic development in any country. Base on data collected, it is discovered that savings output in Nigeria during the period was unsatisfactory but was later discovered as a necessary factor for economic development and growth. This research shows the significance of savings which is achieved when saving habits is greatly considered by public private and government. The empirical results show a negative influence of trade openness (TDO) on aggregate savings. The work therefore submits that effort should be geared towards improving export capacity by improving productivity in industrial sector, which provide employment and increase per capital income as a bid to accelerate savings. And since interest rate signals a positive influence on savings in Nigeria, there should also be an intensified impact on real rates, spread and financial liberalization and or financial developing in Nigeria.
Related Project Materials
THE USEFULNESS OF FORENSIC AUDIT IN THE PREVENTION AND DETECTION OF FRAUD
BACKGROUND OF THE STUDY
The incidence of fraud and misappropriation of funds in recent time poses a threat to auditing as a branch of acc...
COMPARATIVE EFFECT OF CO-OPERATIVE LEARNING STRATEGY AND INQUIRY BASED METHOD
Abstract
Science may be viewed as a way of questioning or verifying the truthfulness of knowled...
IMPACT OF FDI ON THE CONSTRUCTION SECTOR OF THE NIGERIAN ECONOMY
Abstract
This study performed an analysis on the inflow trends of Foreign Direct Investment investigated in the Nigerian...
EFFICIENT CORPORATE IMAGE MANAGEMENT AS A STRATEGY FOR ENHANCING PROFITABILITY
ABSTRACT
Business organization in Nigeria have failed to realize the role a good corporate image policy has in business dealings. T...
IMPACT OF PUBLIC FINANCE MANAGEMENT REFORMS ON FINANCIAL PERFORMANCE OF PUBLIC ENTERPRISES
ABSTRACT
The emergence of financial management as a major contributor to the analysis of investment and financing decis...
A COMPARATIVE ANALYSIS OF RENTAL VARIATION IN RESIDENTIAL AND COMMERCIAL PROPERTIES IN NIGERIA
BACKGROUND OF THE STUDY
Shelter is a basic necessity in life. An individual can satisfy this need by either occupying his own (owner&rsqu...
EFFECTS OF DELINQUENCY AMONG STUDENTS IN SECONDARY SCHOOL
Abstract
This study analyzed the causes and effects of delinquency among students in Olorunda Local Government Area of Osun State. The sp...
ASSESSMENT OF EFFICIENT INVENTORY MANAGEMENT ON THE PERFORMANCE OF MANUFACTURING FIRMS IN NIGERIA
Background to the study
The material or inventory management function is one of the most relevant roles...
IN VITROANTIMALARIAL SUSCEPTIBILITY OF PLASMODIUM FALCIPARUM ISOLATES FROM PATIENTS ATTENDING A HEALTH FACILITY IN NIGERIA
ABSTRACT
The continous emergence and spread of resistant strains of Plasmodium falciparumisolates to single and combined antimalarial dru...
ASSESSMENT OF SERVICE COMPACT (SERVICOM) ON PUBLIC SERVICE DELIVERY IN SELECTED FEDERAL TEACHING HOSPITALS IN NIGERIA
ABSTRACT
Service Compact (SERVICOM) is probably seen to have played considerable roles in public servic...
