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1990

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Articles 1 - 30 of 329

Full-Text Articles in Social and Behavioral Sciences

Fragility And Resiliance Of The International Financial Structure: Some General Conditions And Their Applicability To Current Conditions, Hyman P. Minsky Ph.D. Dec 1990

Fragility And Resiliance Of The International Financial Structure: Some General Conditions And Their Applicability To Current Conditions, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Remarks prepared for a round table sponsored by the American Economic Association and the International Trade and Finance Association, Saturday, December 29, 1990.

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The Costs Of Inflation: Higher Than We Think - Lecture Announcement, Levy Institute Dec 1990

The Costs Of Inflation: Higher Than We Think - Lecture Announcement, Levy Institute

Archives of the Levy Economics Institute

Announcement for Lecture by Peter Howitt.

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Developments In Money, Credit And Banking In The Fourth Quarter Of 1990, Central Bank Of Nigeria Cbn Dec 1990

Developments In Money, Credit And Banking In The Fourth Quarter Of 1990, Central Bank Of Nigeria Cbn

Economic and Financial Review

The growth of the money stock maintained the high tempo observed since the third quarter. The acceleration was influenced by the sharp rise in foreign assets ( net) of the banking system and the increase in credit (net) to the domestic economy. Credit (net) to the government sector rose sharply while merchant banks' credit to the private sector was excessive. The expansion in the number and activities of commercial and merchant banks continued into the fourth quarter. The banks' assets and deposit liabilities increased substantially. The overall liquidity of the commercial banks increased while that of the merchant banks decreased …

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Developments In The Financial Markets In The Fourth Quarter Of 1990, Central Bank Of Nigeria Cbn Dec 1990

Developments In The Financial Markets In The Fourth Quarter Of 1990, Central Bank Of Nigeria Cbn

Economic and Financial Review

Activity on the capital market w~ mixed and varied during the fourth quarter. The tempo of activity in the new issues market was very high in contrast'-to developments in the secondary market. The number of stockbroking firms increased from 76 in the third quarter to 80 in the fourth quarter of the year. Also, the unit trust scheme was launched during the quarter. Both the primary and secondary segments of the money market were quite active during the quarter. Total money market instruments outstanding increased substantially while the volume of rediscounts also increased appreciably.

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Developments In The Agricultural Sector In The Fourth Quarter Of 1990, Central Bank Of Nigeria Cbn Dec 1990

Developments In The Agricultural Sector In The Fourth Quarter Of 1990, Central Bank Of Nigeria Cbn

Economic and Financial Review

Given these positive developments, overall output of staple crops, rose at the end of the quarter, by 10.2 per cent compared with 4.9 per cent in the corresponding period of the previous year. Livestock production increased by 0.6 per cent in contrast to a decline of 0.7 per cent in the fourth quarter of 1989. However, the performance of the agricultural sector was moderated slightly by a few reports of drought and pests outbreaks in Bomo, Kano, Katsina and Sokoto States, where some field crops such as millet, sorghum and cowpeas were destroyed, while erosion and flood threatened crop production …

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Developments In Industrial Sector In The Fourth Quarter Of 1990, Central Bank Of Nigeria Cbn Dec 1990

Developments In Industrial Sector In The Fourth Quarter Of 1990, Central Bank Of Nigeria Cbn

Economic and Financial Review

The industrial sector recorded modest improvement in the fourth quarter of 1990. At 262.8 (1972=100), the index of industrial production showed increases of 7.8 and 4.2 per cent over the levels in the third quarter of 1990 and the fourth quarter of 1989, respectively. The improvement was attributed largely to illcreases of 7.2 and 3.6 per cent in mining and manufacturing output, respectively. Electricity consumption index, on the other hand, fel] below the level in the corresponding quarter of the previous year by 1.7 per cent.

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Developments In The Retail Market Prices Of Selected Consumer Items In Lagos Areas During The Fourth Quarter Of 1990, Central Bank Of Nigeria Cbn Dec 1990

Developments In The Retail Market Prices Of Selected Consumer Items In Lagos Areas During The Fourth Quarter Of 1990, Central Bank Of Nigeria Cbn

Economic and Financial Review

The retail price of some selected consumer items in the Lagos Area rose marginally during the fourth quarter of 1990. The report of the survey conducted by CBN revealed that the prices of 37 out of the 69 commodities sampled increased when compared to their levels in the preceding quarter. Overall, the index of consumer prices was 2238 (1975=100), representing an increase of 2. 7 per cent over the level in the preceding quarter and 6.8 per cent when compared to the corresponding quarter of 1989 (see Table 1). All components of the consumer basket surveyed exhibited increases in prices, …

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Developments In The External Sector During The Fourth Quarter Of 1990, Central Bank Of Nigeria Cbn Dec 1990

Developments In The External Sector During The Fourth Quarter Of 1990, Central Bank Of Nigeria Cbn

Economic and Financial Review

The external sector came under more severe pressure during the fourth quarter of 1990. This was attributed to developments in both foreign exchange receipts and outpayments. While foreign exchange receipts declined by 9.1 per cent, outpayments rose by 23.4 per cent from their levels in the third quarter. As a result of these developments, the overall movement in foreign exchange, which showed a slight surplus in the third quarter of 1990 vis-a-vis the fourth quarter of 1989, turned around to a deficit of $390.3 million in the fourth quarter of 1990. This is significant since it was the only quarter …

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Exchange Rate Policy And The Structural Adjustment Programme In African Countries: Case Studies Of Zambia, Kenya, Ghana And Nigeria, S. E. Omoruyi Dec 1990

Exchange Rate Policy And The Structural Adjustment Programme In African Countries: Case Studies Of Zambia, Kenya, Ghana And Nigeria, S. E. Omoruyi

Economic and Financial Review

The purpose of this paper is to review the experiences of some selected countries in Africa- Zambia, Kenya, Ghana and Nigeria- that have implemented adjustment programmes supported by the use of IMF resources, focusing largely on the role of their exchange rate policies. The paper is divided into four parts. Part I highlights the policy targets/objectives and instruments of structural adjustment and discusses in some detail.the role of exchange rate in the programmes of the countries under reference. In Part II, a theoretical analysis is undertaken of exchange rate concepts and the typology of the transmission mechanism linking exchange rate …

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Foreign Private Investment Survey In 1988, Central Bank Of Nigeria Cbn Dec 1990

Foreign Private Investment Survey In 1988, Central Bank Of Nigeria Cbn

Economic and Financial Review

Although the 1988 survey on Foreign Private Investment showed that there was an increase in the net capital inflow through the Nigerian/foreign jointly-owned companies, a closer look revealed that the 22 per cent increase in the level of the gross inflow of capital over the 1987 level was merely due to naira exchange rate depreciation of 222 per cent between December 1987 and December 1988. Net investments by alien entrepreneurs continued to be dominated by unsettled liabilities to their overseas trading partners while the relative share of equity investments was relatively small, inspite of the Structural Adjustment Programme (SAP) which …

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The National Housing Policy By Federal Ministry Of Works And Housing, Federal Republic Of Nigeria February 1991, O. O. Akanji Dec 1990

The National Housing Policy By Federal Ministry Of Works And Housing, Federal Republic Of Nigeria February 1991, O. O. Akanji

Economic and Financial Review

The document being reviewed is a book of forty-eight pages divided into nine chapters, highlighting three basic areas, viz: Land Development, Financing and Building Materials. Chapter one introduces the need for the Federal Government to come up with the new policy while chapter two outlines the goals and objectives of the Housing Policy (see Annexure 1). Chapters 3, 4, 5, 6, 7 and 8 discuss the details of the strategies and the tools for achieving the goals and objectives, while chapter 9 states how the objectives will be monitored and evaluate.J.

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Financial Deregulation, The Demand For Money And Monetary Policy In Australia, By P.A.V. Swamy And George S. Tavlas Imf Staff Papers, Vol. 36, No. 1, March 1989, F. O. Odoko Dec 1990

Financial Deregulation, The Demand For Money And Monetary Policy In Australia, By P.A.V. Swamy And George S. Tavlas Imf Staff Papers, Vol. 36, No. 1, March 1989, F. O. Odoko

Economic and Financial Review

The paper covers an important subject matter that is of relevance to the N"igerian economy in 'View of our recent experiences, with deregulation in general and in particular of the financial sector. The experience of the Australian financial system in the era of regulation was quite similar to the Nigerian experience. The sprouting and blossoming of finance houses in the face of strict regulation prior to policy reforms is a case in point. Thus, useful lessons can be drawn for our benefit through a thorough review of this paper. The paper examines the factors which informed the process of financial …

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Statistics (December 1990), Central Bank Of Nigeria Cbn Dec 1990

Statistics (December 1990), Central Bank Of Nigeria Cbn

Economic and Financial Review

This is a statistical representation of economic activities in Nigeria in December 1990

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The Challenges Of Strategic Planning In The Banking Industry In The 1990s., Ibi Ajayi Dec 1990

The Challenges Of Strategic Planning In The Banking Industry In The 1990s., Ibi Ajayi

Bullion

Development within the overall economy inevitably have direct impacts on the environment and regulatory framework within which banks operate. Similarly, the operational efficiency of the banks or other wise in bringing to fruition the social and economic yearnings of the state has dire impact on the society. it is the realisation of this linkage that has led some commentators to assert that the banking sector is both the hand-maid and mid-wife of the economy. what is true also is that finance is the key to investment and investment leads to growth. Furthermore, the paper discusses what is strategic planning?; Change …

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Concepts, Assumptions And Scope Of Strategic Planning., Boniface Chizea Dr Dec 1990

Concepts, Assumptions And Scope Of Strategic Planning., Boniface Chizea Dr

Bullion

Strategic planning is a systematic and formalised approach to a realistic determination of the banks objectives, goals and strategies. The operatives and word here is realistic for their is no organisation without objectives. The article discusses the elaborate procedure adopted by a bank intent on introducing formalised planning. It highlighted loopholes to be avoided if the bank is to have any chance of seeing its plan implemented. Finally, the author shared the experience of United Bank for Africa (UBA), limited in strategic planning.

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Banks-Customers Relations: Implications For Strategic Planning., Chris Ochonogor Dec 1990

Banks-Customers Relations: Implications For Strategic Planning., Chris Ochonogor

Bullion

The paper examines Banks-customers relations and how it will help in strategic planning. ln dealing with this subject, the paper considered three facets. The legal relationship and the impact of the public relations and marketing aspects as they effect banking and banking business, and the implication for strategic planning.

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The Phenomenal Growth Of The Nigerian Banking Industry In The 1980'S And The Need For Strategic Planning In The 1990'S., Esan Ogunleye Dec 1990

The Phenomenal Growth Of The Nigerian Banking Industry In The 1980'S And The Need For Strategic Planning In The 1990'S., Esan Ogunleye

Bullion

The growth of the banking industry in Nigeria especially in the last half of the 1980's had been of considerable interest to both citizens of this country and foreigner alike. Hence, the leap in the number of licensed banks had been described as anything from remarkable to phenomenal. There has also been diverse opinion about the effect of the increasing number of banks in the system. while some regard it as a healthy development, others see it as very unsettling.

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Computerisation As A Strategy For Achieving Medium/ Long Term Competitiveness In The Nigerian Banking Industry., S. K. Adebowale Dec 1990

Computerisation As A Strategy For Achieving Medium/ Long Term Competitiveness In The Nigerian Banking Industry., S. K. Adebowale

Bullion

The Banking act 1969 defined "Banking" as the business of receiving monies from outside sources as deposits irrespective of the payment of interest, and the granting of money loans and acceptable bills. The paper examines the computerisation of banking in Nigeria; Why computers are useful in banking in Nigeria. Finally the author is of the opinion that computerisation can be utilised as part of an overall bank management strategy to increase share of business and increase profitability.

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The Mechanics For Evolving A Strategic Planning Culture In An Organization., O J. Oni Dr Dec 1990

The Mechanics For Evolving A Strategic Planning Culture In An Organization., O J. Oni Dr

Bullion

This paper examines the concept of planning culture in an organisation. It discusses the concept of organisational culture; the mechanics for evolving strategic planning culture; organisation structure and concludes with some suggestions for developing a culture of strategic planning. This includes: The style of planning should be participatory. lf the plan is to be meaningful and a sound basis for future action, the Planning team must include adequate representation at senior management level and its terms of reference and underlying Purpose must be known and understood throughout those parts of the organisation whose activities will be affected; the scope of …

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Perspectives On Medium To Long-Term Outlook For The Nigerian Economy, Abdulkadir Ahmed Dec 1990

Perspectives On Medium To Long-Term Outlook For The Nigerian Economy, Abdulkadir Ahmed

Economic and Financial Review

The Nigerian economy was in a deplorable state prior to the introduction of various policy and structural reforms in 1986. During the period of oil boom (1973-80), the production and consumption patterns in the country became import- dependent. With the collapse of oil prices in mid-1981, a foreign exchange crisis emerged. Foreign exchange earnings declined from US $25.9 billion in 1980 to $7.2 billion in 1986 with adverse consequences for the economy. The balance of payments came under severe pressures, swinging from a surplus ofN2.4 billion in 1980 to a large deficit of N3.0 billion in 1982. External debt increased …

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The Economic Activities Of The Egyptian Military, 1970-1989, Heidi Mccormack Dec 1990

The Economic Activities Of The Egyptian Military, 1970-1989, Heidi Mccormack

Archived Theses and Dissertations

No abstract provided.

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Review Of "Asia Next Giant: South Korea And Late Industrialization" By A. H. Amsden, Larry E. Westphal Dec 1990

Review Of "Asia Next Giant: South Korea And Late Industrialization" By A. H. Amsden, Larry E. Westphal

Economics Faculty Works

No abstract provided.

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Default And Bankruptcy In A Multistage Exchange Economy, Martin Shubik Dec 1990

Default And Bankruptcy In A Multistage Exchange Economy, Martin Shubik

Cowles Foundation Discussion Papers

Either lending must be secured or otherwise some form of default or bankruptcy rules are required to provide a disincentive against strategic default. When many time periods are involved, the mere specification of a penalty which is sufficient for one period of trade, is not sufficient. The complete specification of even a two period game requires that both the treatment of creditors (including seniority conditions) and the nature of the rehabilitation of the debtor must be specified. This paper explores these problems.

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A Strategic Market Game With A Mutual Bank With Fractional Reserves And Redemption In Gold (A Continuum Of Traders), Martin Shubik, Dimitrios P. Tsomocos Dec 1990

A Strategic Market Game With A Mutual Bank With Fractional Reserves And Redemption In Gold (A Continuum Of Traders), Martin Shubik, Dimitrios P. Tsomocos

Cowles Foundation Discussion Papers

We utilize the strategic market game approach to analyze the role and function of a mutual bank with variable fractional reserves, redemption in gold and endogenous interest rate formation. We specify the conditions of enough money and its distribution. Using the continuum of traders model, we show existence and optimality for the case of no bankruptcy as well as for the case in which there exists the potentiality of bankruptcy. Finally, we analyze the relationship of the gearing ratio and the bankruptcy penalty with respect to the resulting equilibrium allocations.

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The New Wave Of Business Regulation, Murray L. Weidenbaum Dec 1990

The New Wave Of Business Regulation, Murray L. Weidenbaum

Murray Weidenbaum Publications

This paper argues that increased regulations lead to increased production costs and therefore higher prices for the average American.

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An Estimation Of Human Capital Loss Resulting From Subversive Deaths Due To The Northern Ireland Conflict, Brian Armour Dec 1990

An Estimation Of Human Capital Loss Resulting From Subversive Deaths Due To The Northern Ireland Conflict, Brian Armour

Masters Theses & Specialist Projects

Conflict entails numerous sacrifices in human resources in addition to loss of life, while it is difficult to appraise the real cost of conflict, one can determine the number of fatalities. It is the primary goal of this thesis to develop an accounting technique by which the human capital cost of fatalities due to the Northern Ireland Conflict may be measured in an accepted unit of account. While the development of a model for measuring human capital loss is in itself an important part of the study, the ultimate objective is to arrive at an estimate of the human capital …

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Monopoly Supply, G. K. Kripalani, G. S. Tolley, Philip E. Graves, Robert L. Sexton Nov 1990

Monopoly Supply, G. K. Kripalani, G. S. Tolley, Philip E. Graves, Robert L. Sexton

PHILIP E GRAVES

There is no abstract for this brief contribution.

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From Pessimism To Optimism, Gregory J. Brock Nov 1990

From Pessimism To Optimism, Gregory J. Brock

Gregory J. Brock

No abstract provided.

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The Supreme Court Of Statistics, Gregory J. Brock Nov 1990

The Supreme Court Of Statistics, Gregory J. Brock

Gregory J. Brock

No abstract provided.

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Торговля Должна Обогатить Страну, Gregory J. Brock Nov 1990

Торговля Должна Обогатить Страну, Gregory J. Brock

Gregory J. Brock

No abstract provided.

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