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Full-Text Articles in Social and Behavioral Sciences
A General Survey Of The Experiences Of Some Less-Developed Countries (Ldcs) Under The Structural Adjustment Programme (Sap), O. J. Nnanna
A General Survey Of The Experiences Of Some Less-Developed Countries (Ldcs) Under The Structural Adjustment Programme (Sap), O. J. Nnanna
Economic and Financial Review
This paper is a review of the impact of Structural Adjustment Programme (SAP) on the economies of ten less developed countries (LDCs). It analysed the performance of some selected macroeconomic variables both before and after SAP was adopted in the selected countries. Based on available data, the several and collective lesson of experience confirmed that the impact of SAP varied not only amongst countries, but also within the various sectors in the same economic entity. Overall, it may be concluded that the broad theoretical objective of SAP was achieved mainly on the external sectors of the countries surveyed, while it …
Common Currency For The West African Sub-Region: Prospects For Nigeria, N. E. Ogbe
Common Currency For The West African Sub-Region: Prospects For Nigeria, N. E. Ogbe
Economic and Financial Review
An important element of the economic integration process in West Africa is the achievement of monetary co-operation which can take various forms such as the clearing house mechanism, European Monetary System Model, Parallel Union Currency Model and Common Currency Area. The paper traced the efforts by ECOW AS at evolving monetary co-operation and also analysed the prospects for Nigeria of a common currency in the West African sub-region. The paper identified and discussed the costs and benefits of a common currency to member nations, especially Nigeria. The costs include loss of autonomy by individual governments in major areas of monetary …