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2006

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Institution
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Sequencing Capital Account Liberalisation, Bright Okogu, Philip Osafo-Kwaako Dec 2006

Sequencing Capital Account Liberalisation, Bright Okogu, Philip Osafo-Kwaako

Economic and Financial Review

This paper focuses on the case of Nigeria and examines whether following the successful implementation of the recent reform program, appropriate policies are now in place for effective capital account liberalization.


Capital Account Liberalization: What Options For Developing Economies, Biodun Adedipe Dec 2006

Capital Account Liberalization: What Options For Developing Economies, Biodun Adedipe

Economic and Financial Review

This paper deals with some basic facts about Capital Account Liberalization, Liberalization Experiences, problems and prospects, policy options and recommendations.


Capital Account Liberalization: Experience From The Emerging Market Economies, Mike I. Obadan Dec 2006

Capital Account Liberalization: Experience From The Emerging Market Economies, Mike I. Obadan

Economic and Financial Review

The liberalization of the capital account of the balance of payments is rooted in economic theory and is said, can help to bridge savings and foreign exchange gaps in national economics thereby promoting national growth. In the light of the foregoing, this paper explores the experiences of the developing countries in particular, the emerging market economies, in capital account liberalization.


Capital Account Liberalization In Nigeria: Problems And Prospects, Ayodele F. Odusola Dec 2006

Capital Account Liberalization In Nigeria: Problems And Prospects, Ayodele F. Odusola

Economic and Financial Review

Capital Account is one of the lynchpins of globalization and it is often seen as an inevitable path to economic development for developing countries. This is based on the premise that liberalizing capital account would permit financial resources to flow from capital abundant countries to capital scarce countries. This paper examines the problems, prospects and challenges of foreign private capital flows in Nigeria.


Capital Account Liberalization: The Ecowas Experience, M.O. Ojo Dec 2006

Capital Account Liberalization: The Ecowas Experience, M.O. Ojo

Economic and Financial Review

Capital account liberalization can enhance economic growth and development through access to foreign savings for domestic investment, improvement in the efficiency of resources allocation for greater competitiveness in the global economy. The paper focuses on the status of Capital account liberalization in the ECOWAS region and the policy measures that could be adopted.


Capital Account Liberalization: The Way Forward For Nigeria, Sam Omoruyi Dec 2006

Capital Account Liberalization: The Way Forward For Nigeria, Sam Omoruyi

Economic and Financial Review

Capital account liberalization is a complex and multifaceted issue, which if not properly addressed could increase the risks of a crisis in a country with serious negative consequences for the real sector. The purpose of this paper is to dwell in some detail on capital account liberalization, emphasizing the preconditions for tits safe implementation, the degree and sequencing of implementation, effects of capital account liberalization, noting costs and the way forward to its effective administration in Nigeria.


Welcome Address At The 2006 Executive Seminar "Capital Account Liberalization: Issues, Problems, And Prospect", E.O. Alilonu Dec 2006

Welcome Address At The 2006 Executive Seminar "Capital Account Liberalization: Issues, Problems, And Prospect", E.O. Alilonu

Economic and Financial Review

The welcome address was given by the then Branch Controller, Calabar Branch of the Central Bank of Nigeria at the 2006 Executive Seminar.


Special Remark At The 2006 Executive Seminar On "Capital Account Liberalization: Issues, Problems, And Prospect", Charles N. Mordi Dec 2006

Special Remark At The 2006 Executive Seminar On "Capital Account Liberalization: Issues, Problems, And Prospect", Charles N. Mordi

Economic and Financial Review

The special remark was given by Mr Mordi, C.N.O. the then Ag. Director of Research and Statistics Department at the 2006 Executive Seminar.


Globalization And Capital Account Liberalization, Ademola T. Oyejide Dec 2006

Globalization And Capital Account Liberalization, Ademola T. Oyejide

Economic and Financial Review

This paper reviews some aspects of the debate on the linkages between globalization and capital account liberalization. This paper analyses globalization and the associated capital flows and then discusses the impact of the capital flows on the financial and real sectors of the economy.


Keynote Address At The Cbn Executive Seminar On "Capital Account Liberalization: Issues, Problems, And Prospect", Obadiah Mailafia Dec 2006

Keynote Address At The Cbn Executive Seminar On "Capital Account Liberalization: Issues, Problems, And Prospect", Obadiah Mailafia

Economic and Financial Review

The keynote address was given by the Deputy Governor, (Economic Policy), Central Bank of Nigeria. He highlighted the aptness of the theme for the seminar in view of the developments in the global economy and the policy reforms embedded in the National Economic Empowerment and Development Strategy (NEEDS) and the Millennium Development Goals (MDGs).


Capital Account Liberalization: Reflections On Theory And Policy, Obadiah Mailafia Dec 2006

Capital Account Liberalization: Reflections On Theory And Policy, Obadiah Mailafia

Economic and Financial Review

Developing countries as well as other member countries of the IMF have been encouraged to open up to foreign capital flows through the liberalization of their capital account transactions. Capital account liberalization is embedded in international standards and codes as best practice necessary for developing countries engaging in inter-governmental and non-governmental international relations. It also represents the systemic removal of administrative and legal controls on international capital transactions.


The Illinois Supreme Court Gives Policyholders A Break From The Two Front War, John S. Vishneski Iii Nov 2006

The Illinois Supreme Court Gives Policyholders A Break From The Two Front War, John S. Vishneski Iii

Northern Illinois University Law Review

For many years, Illinois policyholders faced the prospect of a two-front war whenever they submitted a liability insurance claim. Insurers who did not believe they owed coverage could "honor" their duty to defend by filing a lawsuit against their insureds seeking a declaration of non-coverage, thereby forcing their policyholders to defend against the underlying claim and against their own insurer. The Illinois Supreme Court, in the Midwest Sporting Goods case, has brought the two-front war era to an end. As explained in this article, insurers in doubt over coverage must now at least pay their policyholders' defense costs in the …


Apparent Authority And Healthcare In Illinois - Revisted, Marc D. Ginsberg, Patricia C. Nowak Nov 2006

Apparent Authority And Healthcare In Illinois - Revisted, Marc D. Ginsberg, Patricia C. Nowak

Northern Illinois University Law Review

This article discusses the recent Illinois Supreme Court decision, York v. Rush Presbyterian St. Luke's Medical Center, which addressed the reliance element in the overall analysis of apparent authority in the healthcare context in Illinois. The authors explore the historical underpinnings of agency law and posit that the York decision has effectively eroded basic agency law principles in the healthcare context.


Vol. 27, No. 1, Fall 2006: Table Of Contents, Northern Illinois University Law Review Nov 2006

Vol. 27, No. 1, Fall 2006: Table Of Contents, Northern Illinois University Law Review

Northern Illinois University Law Review

No abstract provided.


The Lasting Viability Of Rasul In The Wake Of The Detainee Treatment Act Of 2005, Joseph R. Pope Nov 2006

The Lasting Viability Of Rasul In The Wake Of The Detainee Treatment Act Of 2005, Joseph R. Pope

Northern Illinois University Law Review

This article examines the jurisdictional features of the newly enacted Detainee Treatment Act of 2005 and the Supreme Court's Hamdan v. Rumsfeld decision as it relates to the retroactive application of the Act. In particular, the article considers the impact of the Act on the Supreme Court's earlier Rasul v. Bush decision and considers whether the statute, as interpreted by the Court in Hamdan, successfully abrogated that controversial decision or leaves certain unintended infirmities untreated. The article explores the Congressional history of the Act and explains how that history supported the Supreme Court's ultimate conclusion in Hamdan that Congress failed …


Harnessing Open Technologies To Promote Open Educational Knowledge Sharing , Toru Iiyoshi, Cheryl Richardson, Owen Mcgrath Nov 2006

Harnessing Open Technologies To Promote Open Educational Knowledge Sharing , Toru Iiyoshi, Cheryl Richardson, Owen Mcgrath

Innovate: Journal of Online Education

No abstract provided.


Protecting The Most Vulnerable Victims: Prosecution Of Child Sex Offenses In Illinois Post Crawford V. Washington, Jennifer A. Lindt Nov 2006

Protecting The Most Vulnerable Victims: Prosecution Of Child Sex Offenses In Illinois Post Crawford V. Washington, Jennifer A. Lindt

Northern Illinois University Law Review

This Comment examines the prosecution of pedophiles in Illinois after the United States Supreme Court's decision in Crawford v. Washington. The prosecution of pedophiles had frequently involved the use of extra judicial statements by victims to protect them from re-victimization after testifying at trial. The ability to use a statutorily mandated hearsay exception has been in question and is directly linked to the definition of the term "testimonial. " The author provides a test to determine whether the out of court statements by pedophilia victims are "testimonial" to make this tool for protecting the victims still viable.


Self-Exclusion And The Compulsive Gambler: The House Shouldn't Always Win, Justin E. Bauer Nov 2006

Self-Exclusion And The Compulsive Gambler: The House Shouldn't Always Win, Justin E. Bauer

Northern Illinois University Law Review

This Comment examines the law revolving around a compulsive gambler's ability to exclude himself from a casino. While the current state of the law in many jurisdictions properly allows a person to place himself on a self-exclusion list," in an effort to be barred from entering into a casino, the law provides no remedy for the self-excluded gambler in the event that the casino negligently, deliberately, or even recklessly allows the self-excluded person to gamble. This comment calls for a change to that jurisprudence and invites the judiciary to allow a self-excluded gambler to receive redress from the casino that …


The Tax Treatment Of Verdicts And Settlements Following The Adoption Of The Jobs Creation Act Of 2004: Paradise Found For The Employment Lawyer?, John F. Fatino Nov 2006

The Tax Treatment Of Verdicts And Settlements Following The Adoption Of The Jobs Creation Act Of 2004: Paradise Found For The Employment Lawyer?, John F. Fatino

Northern Illinois University Law Review

In recent years, attorneys practicing in the employment area have found that a working knowledge of tax law is critical to maximize results for clients and to avoid malpractice. This article will examine the status of taxation of verdicts and settlements following adoption of 1996 legislation, which made various changes to the Internal Revenue Code. In addition, the article will examine the impact that the American Jobs Creation Act has had on the tax treatment of attorney fees and court costs in the context of employment litigation. Finally, the article will discuss the implications of a recent decision by the …


Economic Growth And Human Capital Development: The Case Study Of Nigeria, Moses F. Otu, Adeniyi O. Adenuga Sep 2006

Economic Growth And Human Capital Development: The Case Study Of Nigeria, Moses F. Otu, Adeniyi O. Adenuga

Economic and Financial Review

The paper examines empirically the relationship between economic growth and human capital development using Nigeria data. Microeconomics variables such as Growth of real gross domestic products (RGDPG), capital expenditure (CE) on education. recurrent expenditure on education (RE), real gross capital formation (RGCF) was used to proxy physical formation, enrolment into primary (PRYE), post-primary (PPE) and tertiary (TERE) educational institutional were used to proxy human capital development. It found that investment in human capital, through the availability of infrastructure requirements in the education sector accelerates economics growth.


Making Health Care Accountable: Why Performance-Based Funding Of Health Services In Developing Countries Is Getting More Attention. A Review, Nkenchor N. Igue Sep 2006

Making Health Care Accountable: Why Performance-Based Funding Of Health Services In Developing Countries Is Getting More Attention. A Review, Nkenchor N. Igue

Economic and Financial Review

This article examines the impact of performance based health funding in developing countries. It findings reveals that developing countries spent more on performance based health services which was identified as key factor to actualizing the target goal of the United Nation (UN) program called Millennium Development Goals.


Risk-Based Capital Standard For Banks: A Critique, N. Arua Sep 2006

Risk-Based Capital Standard For Banks: A Critique, N. Arua

Economic and Financial Review

This paper presents a critique of the form of the risk- based capital standard known as Basel I & II. It examines the likely implication of the Based II capital accord for the Nigerian banking system and advises that the CBN should consider carefully the cost of implication of the new Accord before developing a timetable for its implementation.


Cost Of Funds Determination By Banks In Nigeria, Izundu P. Nwaoba Sep 2006

Cost Of Funds Determination By Banks In Nigeria, Izundu P. Nwaoba

Economic and Financial Review

The article examined the cost of funds as a determining factors in the pricing of a loanable funds that has an influence on day-to-day running of the banks especially in the extension of credit to customer. It highlights how cost of fund was inversely computed by banks instead of the normal method. The finding revealed that high cost of funds is driven by scarcity of loanable funds in the banking system.


Towards Developing A Vibrant Bonds Market In Nigeria: A Review, Salam N. Gbadebo Sep 2006

Towards Developing A Vibrant Bonds Market In Nigeria: A Review, Salam N. Gbadebo

Economic and Financial Review

The paper highlights two major challenges in bond market which reflects in Nigeria. The author suggests methods and proposal that will enhance a better performance derivatives in long time. The article seek to established the narrative on two argument that, bond finance is less expansionary than money finance and that the expansion is sometime undesirable. While the Microeconomics argument posited that bonds are issued for different reasons. the findings revealed that corporate borrowers use debt market to obtain working capital and new equipment.


Sept. 2006 Sep 2006

Sept. 2006

NASIG Newsletter

No abstract provided.


Vol. 26, No. 3, Summer 2006: Table Of Contents, Northern Illinois University Law Review Jul 2006

Vol. 26, No. 3, Summer 2006: Table Of Contents, Northern Illinois University Law Review

Northern Illinois University Law Review

No abstract provided.


Criminal Discovery And The Costs Of Reproduction: A Burden Taxpayers Should Not Have To Bear, Gary C. Pinter Jul 2006

Criminal Discovery And The Costs Of Reproduction: A Burden Taxpayers Should Not Have To Bear, Gary C. Pinter

Northern Illinois University Law Review

This comment asserts that a prosecutor's office may charge privately-retained defense counsel for the costs the prosecutor's office may incur as a result of reproducing material that may be requested via discovery. Although the evolution of discovery has resulted in rules or statutes that differ with respect to a particular jurisdiction's scope of discovery or its adopted approach, the overwhelming majority of discovery provisions regarding the prosecutor's duty of disclosure are very similar. The duty essentially requires that the prosecutor make the particular material available and permit its inspection and reproduction. Consequently, to forbid a prosecutor from seeking reimbursement for …


Open Access In Italy: Achievements And Future Prospects, Paola Gargiulo Jul 2006

Open Access In Italy: Achievements And Future Prospects, Paola Gargiulo

International Journal of Legal Information

The Open Access (OA) movement in Italy enjoys the active participation of single universities, research centres and supercomputing consortia. An overview of OA initiatives in Italy is followed by a more detailed presentation of PLEIADI- Portal for Italian Electronic Scholarly Literature in Institutional Archives, the Italian national platform to provide central access to digital content deposited in Italian Open Archives (http://www.openarchives.it/pleiadi). The presentation will conclude with some considerations of the future prospects of OA in Italy.


Medical Negligence Litigation Is Not The Problem, Kenneth C. Chessick, Matthew D. Robinson Jul 2006

Medical Negligence Litigation Is Not The Problem, Kenneth C. Chessick, Matthew D. Robinson

Northern Illinois University Law Review

The medical malpractice insurance "crisis" results not from out-of-control juries or overly-litigious plaintiffs and their attorneys, but rather is simply the result of epidemic levels of negligence among physicians. The myth that the liability system is to blame for high premiums facing doctors creates opportunities for insurance companies to restrict plaintiffs' access to courtrooms and to limit the amount of compensation they may receive after proving negligence. This article examines and debunks the leading myths regarding the so-called "crisis" and presents several suggestions that may improve the healthcare provided to patients nationwide.


People V. Caballes: An Analysis Of Caballes, The History Of Sniff Search Jurisprudence, And Its Future Impact, Brett Geiger Jul 2006

People V. Caballes: An Analysis Of Caballes, The History Of Sniff Search Jurisprudence, And Its Future Impact, Brett Geiger

Northern Illinois University Law Review

This article begins by attempting to understand sniff search jurisprudence through the earliest Supreme Court precedent and the application of those cases by the various circuits. Then after a brief discussion of the Caballes case itself it attempts to discern the various arguments made by the parties in the suit, scholars, and practitioners, examining each for its relative merit. Finally, the article attempts to predict what impact Caballes will have on both the use of canines in law enforcement and other technologies that serve similar purposes.