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Full-Text Articles in Public Affairs, Public Policy and Public Administration

The Control Of The Monetary And Banking System By The Central Bank Of Nigeria., Paul A. Ogwuma Jun 1996

The Control Of The Monetary And Banking System By The Central Bank Of Nigeria., Paul A. Ogwuma

Bullion

To understand the role of the Central Bank of Nigeria in controlling the system under the prevailing functional arrangement, it would be necessary to relate the conceptual framework of monetary and banking system control to the Bank's experience. To this end, the paper is organised in five sections. After Section One which is the introduction, Section Two examines the conceptual framework of monetary and banking system control. This is followed by Section Three which reviewed the CBN's techniques of control and their changes over the years. Section Four appraises the control measures and ascertains their effectiveness while Section Five provides …


Mobilising Financial Resources For Growth: Nigeria's Financial Policy Perspective., Felix U. Ezeuduji Jun 1996

Mobilising Financial Resources For Growth: Nigeria's Financial Policy Perspective., Felix U. Ezeuduji

Bullion

Financial resources for growth are from several sources because no single source could provide the required funding. The major known sources of resources for growth are based to both the informal sector and formal sector activities which include the fiscal operations of the Government foreign sector transactions, capital market activities, and institutional savings mobilisation in the financial sector which is the focus of this paper. This paper is organised in five sections. The introduction constitutes Section One which provides the background, the objective and the organisation of the paper. In section Two, the conceptual framework of financial resource mobilisation is …


Fiscal Federalism: Revenue Allocation For Economic Development In Nigeria., T. O. Okunrounmu Jun 1996

Fiscal Federalism: Revenue Allocation For Economic Development In Nigeria., T. O. Okunrounmu

Bullion

From colonial administration to independence in 1960 and 35 years of self-rule, revenue allocation in the Federal Republic of Nigeria has had a chequered history. It has been subject of intensive lobbying by politicians in the attempt to have their wishes engrained in the Constitution. This paper is prepared in three parts. Part I is a theoretical overview of fiscal federalism while Part II reviews the Nigerian experience with Fiscal Federalism. Part III analyses proposals for an effective fiscal Federalism that would enhance economic development.


Nigeria's Domestic Public Debt Stock: An Assessment., Victor A. Odozi Jun 1996

Nigeria's Domestic Public Debt Stock: An Assessment., Victor A. Odozi

Bullion

Since the early 1980s, Nigeria has taken steps to evolve external debt management strategies encompassing refinancing, restructuring, buyback, collateralisation and debt conversion arrangements as well as issuing external borrowing guidelines. Although the county's external debt problem remains severe, judging both by the absolute level of the debt stock and the unsustainable trend of the various debt servicing ratios, such as debt stock/GDP, debt stock/exports and debt service/export earnings, it is generally acknowledged that the Government had made concerted efforts to address the problem. However, the domestic debt has not been given the same attention, if any at all. the domestic …


The Strategy And Financing Of Economic Recovery In Africa., Ubadigbo Okonkwo Jun 1996

The Strategy And Financing Of Economic Recovery In Africa., Ubadigbo Okonkwo

Bullion

The paper examines the impact of Structural Adjustment Programmes (SAP) on investment and growth in Africa and suggests the need for a new development paradigm. Working in partnership with the private sector, African Governments must establish a sound institutional and incentive framework for rapid growth. An alternative development strategy should be market-friendly and people-centred and must give priority to the accelerated expansion of exports and Small and Medium Enterprises (SMEs). In view of the bleak prospects for external financing, Africa must rely on domestic financial institutions and capital markets to mobilise the required financial resources for economic recovery.


The Marginalization Of Social Welfare In Developing Countries: The Relevance Of Theories Of Social Policy Development, Kwong-Leung Tang Mar 1996

The Marginalization Of Social Welfare In Developing Countries: The Relevance Of Theories Of Social Policy Development, Kwong-Leung Tang

The Journal of Sociology & Social Welfare

Social welfare development has been marginalized in many developing countries. This study examines the social policies of developing countries and refers to four major theories of social policy development (social conscience, modernization, dependency and diffusion) to see if they offer an explanation of the phenomenon. It is argued that dependency theory and diffusion theory provide better interpretations than the other two theories. The paper shows how theories of social policy have international relevance in explaining current trends in social welfare.


Refugee Resettlement In The United States: Implications For International Social Welfare, Miriam Potocky Mar 1996

Refugee Resettlement In The United States: Implications For International Social Welfare, Miriam Potocky

The Journal of Sociology & Social Welfare

An analysis of U.S. refugee resettlement policy reveals approaches that do not address several root causes of resettlement difficulties: cultural differences, post-traumatic stress disorder, and discrimination by the host culture. Several recommendations are made for policy improvements, and suggestions for the future of international social welfare are presented.


Targeted Economic Development: Its Role In Maine Economic Policy, Carla Dickstein Jan 1996

Targeted Economic Development: Its Role In Maine Economic Policy, Carla Dickstein

Maine Policy Review

Targeted economic development strategies challenge traditional approaches to economic development by making explicit the recipients of job growth and job creation. They link economic development concerns such as business growth and a positive business climate to often-ignored social criteria that are reflected in the question of who wins and who loses in our present economy. Carla Dickstein brings a practitioner’s perspective to this issue by relating Coastal Enterprises Inc.’s experience in using gap financing programs to link people with low incomes to jobs created through business start-ups or expansions.


Reflections On Economic Development In Maine: Summary Comments Delivered At The 1995 Governors' Economic Development Conference, Robert L. Woodbury Jan 1996

Reflections On Economic Development In Maine: Summary Comments Delivered At The 1995 Governors' Economic Development Conference, Robert L. Woodbury

Maine Policy Review

No abstract provided.