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Articles 1 - 30 of 39
Full-Text Articles in Social and Behavioral Sciences
Trends. Globalization As Old Wine In New Bottles: The 30th Anniversary Of The Association Of Southeast Asian Nations (Asean), Ibpp Editor
International Bulletin of Political Psychology
The author discusses the new era of globalization.
The Future Role Of Technology In Banking Development In Nigeria., Paul A. Ogwuma
The Future Role Of Technology In Banking Development In Nigeria., Paul A. Ogwuma
Bullion
This is an address by the Governor of the Central Bank of Nigeria which examines the evolving relationship between banking sector development and technology in Nigeria and highlight both the future role of banking technology and the challenges that lie ahead. The address also argues that the economy is not only driven by technological advances, but have also in turn spawned technological developments. Technology has been the hub of banking development since the last decade and will continue to be so, well into the 21st century. the main focus of the address is information technology in the integrated form of …
Management Of Foreign Exchange: A Peep Into The Next Decade., O K. Anifowose
Management Of Foreign Exchange: A Peep Into The Next Decade., O K. Anifowose
Bullion
The paper examines the management of the foreign exchange in Nigeria the next decade. The paper is structured into four main sections after these introductory remarks. section 1 discusses some conceptual issues such as:-foreign exchange versus external reserves, objectives of reserve management, strategies employed in managing the reserves and techniques for reserve management. section 11 discusses tools of reserve management the third section provides some thoughts as to the direction of foreign management in the next decade. section IV summarises and concludes the paper.
Interest Rate Policies In Ecowas Countries: A Comparative Analysis., Benji C. Onyido
Interest Rate Policies In Ecowas Countries: A Comparative Analysis., Benji C. Onyido
Bullion
This paper reviews the experiences of developing countries in the management of interest rates, with emphasis on ECOWAS countries. While the Anglophone countries have adopted independent interest rate policies overtime, the Francophone members of the West African Monetary Union (WAMU) have shared similar experiences-a common currency (the CFA franc),a central bank (BCEAO) and common monetary policies. The paper is divided into four parts, in part I, it examines the roles of, and factors affecting interest rates. The part II highlights the characteristics of interest rates in developing countries and requirements for a successful interest rate reform. Part III reviews the …
Monetary Policy And Financial Sector Reform., J. O. Adeeribigbe
Monetary Policy And Financial Sector Reform., J. O. Adeeribigbe
Bullion
The objective of this paper is to familiarize course participants with the importance of financial sector reform to the effective conduct of monetary policy based on free market principles, and examine the challenges posed to the monetary authorities in Nigeria in this regard. The paper is divided into four parts. following this introduction, part 11 of the paper analyses the framework for financial sector reform and implications for monetary policy. in part 111 an attempt is made to outline the implementation of financial sector reforms in Nigeria, while part IV evaluates the effectiveness of monetary policy between 1990 and 1997 …
Government Fiscal Policy In 1996/1997: Implications For Economic Development And Survival Of Banks., Sarah Omotunde Alade
Government Fiscal Policy In 1996/1997: Implications For Economic Development And Survival Of Banks., Sarah Omotunde Alade
Bullion
The paper highlights the implications of fiscal policies in the economy and the survival of banks. It provide a broad overview of the impact of the fiscal policies adopted in 1996 and 1997 and its implications for development. The current fiscal policies are predicated on the 1995 budget, the discussion of the effect of fiscal policies on the economy will start from 1995 when the present fiscal policy stance of government began. The structure of the paper is as follows. The introduction, followed by the conceptual role of fiscal policy in an economy, while section III looks at the fiscal …
Performance Evaluation Of Small-Medium Enterprises (Smes) In Nigeria., B S. Adebusuyi
Performance Evaluation Of Small-Medium Enterprises (Smes) In Nigeria., B S. Adebusuyi
Bullion
This paper attempts to evaluate the performance of the SME sub-sector in view of both the general and specific government developmental strategies and policies channelled to the sub-sector. The paper is structured into five sections. The first section reviews the definition, characteristics and roles of the SMEs. section II discusses government policies for the promotion of SMEs, and an evaluation of the performance of the sub-sector is undertaken in section III. The outstanding problems of the SMEs are outlined in section IV, while section V summarises and concludes the paper.
Euro-Psychology: When Money Is More Than Money, Ibpp Editor
Euro-Psychology: When Money Is More Than Money, Ibpp Editor
International Bulletin of Political Psychology
This article describes some psychological roles of money and the import of these roles for domestic and international economics. The coming of the euro is used as an example.
The Role Of Small Business: A Tale Of Two Cities, George A. Erickcek
The Role Of Small Business: A Tale Of Two Cities, George A. Erickcek
Employment Research Newsletter
No abstract provided.
School-To-Work: Promise And Effectiveness, Kevin M. Hollenbeck
School-To-Work: Promise And Effectiveness, Kevin M. Hollenbeck
Employment Research Newsletter
No abstract provided.
Labor's Response To Hospital And Workplace Transformation, Enid Eckstein
Labor's Response To Hospital And Workplace Transformation, Enid Eckstein
New England Journal of Public Policy
The health care industry and the nation's hospitals are in the throes of revolutionary change. The shift to managed care resulted in fundamental changes in the delivery of care and the structure of health care, For the past ten years, hospitals have actively been merging and creating large-scale integrated delivery systems. Employers, eager to expand market share and reduce costs, are engaged in radical reorganization of the hospital and the structure of work from which no group is immune. Physicians, nurses, technicians, and housekeepers are all affected by these changes. Hospitals are reducing their personnel, shifting work outside the hospital, …
Allied Health Professions In The Health-Sector Job Structure, Françoise J. Carré
Allied Health Professions In The Health-Sector Job Structure, Françoise J. Carré
New England Journal of Public Policy
This article reviews the characteristics of allied health professions in the U.S., Massachusetts, and Boston health sectors. These occupations are considered in the broader context of the multitiered job structure of the health sector and their gender and ethnic composition. The discussion includes surveys of vacancy rates and wage levels for selected allied health professions in Massachusetts hospitals. The article concludes with a more detailed, albeit national, picture of these occupations in the hospital sector per se, their demographic composition, and earnings level.
Workplace Education At The Bottom Rungs, Andrés Torres
Workplace Education At The Bottom Rungs, Andrés Torres
New England Journal of Public Policy
In the late 1980s, observers of the Massachusetts hospital industry were predicting a severe shortfall in skilled technical workers. The Worker Education Program (WEP) emerged as one of several responses to this projected labor shortage. It was premised on the idea of an internal solution to the need for workforce development, shifting the focus from external recruitment to upgrading of incumbents — nutrition, maintenance, clerical, and secretarial staff— and from traditional classroom training to workplace education. Other features of the WEP model made it an extremely interesting experiment: it was operated by labor-management partnership, it was located statewide in nine …
The Need For Exchange Rates Convergence In Nigeria, P. J. Obaseki
The Need For Exchange Rates Convergence In Nigeria, P. J. Obaseki
Economic and Financial Review
This paper examined the relevance of exchange rates convergence in the context of a realistic exchange rate and the implementation of a successful Economic Adjustment Programme, with particular reference to external sector competitiveness and viability. The paper was unambiguous in respect of the superiority of convergence over other schemes ranging from multiple to a dual exchange rate system. A unified exchange rate system, resulting from a free interplay of market forces, eliminates waste arising from subsidies and inefficient allocation of foreign exchange. A unified rate also reduces rent-seeking behaviours that flourish under a dual or multiple exchange rate system. After …
Strategy For Growth-Led Poverty Alleviation In Nigeria, A. S. F. Atoloye
Strategy For Growth-Led Poverty Alleviation In Nigeria, A. S. F. Atoloye
Economic and Financial Review
The economic growth process of a country is determined by a number of factors among which is technological change. Increased output/performance permitted by this goes a long way in alleviating poverty. Rapid and sustained economic growth utilizing a new industrial strategy calls for proficient use of the natural advantages of modern infrastructures which further serves as a poverty-reducing strategy. The author states that the most credible option by which the poor can receive a fair share of the benefits of development is by subjecting the economy to the full discipline and rigours of market forces for a poverty-reducing growth. Governments …
Measurement Issues In Poverty, A. Englama, A. Bamidele
Measurement Issues In Poverty, A. Englama, A. Bamidele
Economic and Financial Review
The paper defines poverty as certain disabilities such as the inability to participate with dignity in society. It also demonstrates that in measuring poverty, emphasis should not be mainly on income or consumption, hut that cognizance should be taken of social, economic and basic infrastructures as well as environmental factors. The paper farther mentions some inherent problems in measuring poverty such as conceptual and data problems. Once these problems are overcome, a simple head count could provide an insight into poverty measurement. J11e depth and severity of poverty can be determined by the P-Index which captures the number of the …
Public Sector Growth: An Econometric Test Of Wagner's Law, E. A. Essien
Public Sector Growth: An Econometric Test Of Wagner's Law, E. A. Essien
Economic and Financial Review
This study makes use of recent developments in econometric technique to test Wagner s Law of increased state activity according to which Government Expenditure must increase at a rate faster than National Output. It makes use of three different interpretations of the Law, namely, increasing relative share for the public sector in the total economy as per capita real income grows, total government expenditure as a function of real income, and relating per capita total government expenditure to per capita income. In all cases the variables were not cointegrated hence a long run equilibrium relationship could not be established between …
Mobilizing Rural Savings In Papua New Guinea: Myths, Realities, And Needed Policy Reform (N.A. Fernando, The Journal Of Institute Of Development Economics, Tokyo, Japan, Vol. Xxix, No. 1, March, 1992), M. Abdulkadir
Economic and Financial Review
A review of the article "Mobilizing Rural Savings in Papua New Guinea: Myths, Realities and Needed Policy Reforms" is imperative considering the efforts of the Federal Government and monetary authorities, especially the Central Bank of Nigeria to mobilize rural savings in Nigeria. This is evidenced by the establishment of the Nigerian Agricultural and Cooperative Bank ( 1973), the Agricultural Credit Guarantee Scheme ( 1977), the Central Bank of Nigeria Rural Banking Programme (1977), the Peoples Bank (1990) and the Community Bank (1990) nationwide.
Foreign Private Investment In Nigeria - 1995, Central Bank Of Nigeria Cbn
Foreign Private Investment In Nigeria - 1995, Central Bank Of Nigeria Cbn
Economic and Financial Review
The net flow of foreign private investment into the Nigerian economy increased substantitally by more than twelve-folds from "M1, 907. 2 million in 1994 to N48, 677. 0 million in 1995, reflecting the stable macro-economic conditions during the period. All the components of foreign investment flows contributed to the increase with the contribution of unremitted profit accounting for the highest. Analyses of the investment flows showed that companies of Western Europe accounted for 78. 7 per cent of the total net inflow mainly through firms in the mining and quarrying sector. The survey revealed that the cumulative level of foreign …
How Not To Prevent Oil Crises: Challenge For An Education President, Ibpp Editor
How Not To Prevent Oil Crises: Challenge For An Education President, Ibpp Editor
International Bulletin of Political Psychology
This article describes several problematic approaches that are components of lay psychology.
Trends. The Imf, The World Bank, And Throwing The Scoundrels Out: Who Are The Scoundrels?, Ibpp Editor
Trends. The Imf, The World Bank, And Throwing The Scoundrels Out: Who Are The Scoundrels?, Ibpp Editor
International Bulletin of Political Psychology
The author discusses the ins and outs of the IMF and World Bank.
Theory And Practice In The Career Of Fernando Henrique Cardoso: Part Iii, Ibpp Editor
Theory And Practice In The Career Of Fernando Henrique Cardoso: Part Iii, Ibpp Editor
International Bulletin of Political Psychology
This is the third and final installment of an article which provides an analysis of an individual accomplished as a scholar of politics (through sociology) and a formal politician. The author is Dr. Ted Goertzel of Rutgers University. He can be reached at goertzel@crab.rutgers.edu.
Cleavages Of Political Values Among Generations In Brazil, Ibpp Editor
Cleavages Of Political Values Among Generations In Brazil, Ibpp Editor
International Bulletin of Political Psychology
This article was written by Professor of Psychology Fabián Echegaray, Professor of Sociology Paulo Krischke, and Director of Institutional Ethics Aluir Toso. All three researchers are at the Universidad Federal de Santa Cantarina. They posit and provide supporting theory and data that values which are postmaterialist (emphasizing psychological well-being and self-actualization) as opposed to materialist (emphasizing materialistic goods) are more likely to be displayed by younger than older Brazilians and by those with higher than lower social class. Thus older, lower class Brazilians will be most materialist and younger, higher class Brazilians will be most postmaterialist. The paper was presented …
Jobs For Welfare Recipients, Timothy J. Bartik
Jobs For Welfare Recipients, Timothy J. Bartik
Employment Research Newsletter
No abstract provided.
New Institute Survey On Flexible Staffing Arrangements, Susan N. Houseman
New Institute Survey On Flexible Staffing Arrangements, Susan N. Houseman
Employment Research Newsletter
No abstract provided.
Determinants Of Currency Composition Of External Reserves In Nigeria: An Empirical Investigation, Newman C. Oputa
Determinants Of Currency Composition Of External Reserves In Nigeria: An Empirical Investigation, Newman C. Oputa
Economic and Financial Review
This paper discusses the determinants of the currency composition of external reserves in Nigeria. The empirical analysis reveals that the main factors influencing the currency composition of external reserves in Nigeria are international trade transactions and currency composition of external debt, while reserve adequacy aided the diversification into more currencies. Exchange and interest rates were relatively significant in the share of each currency in the reserve basket. A review of CBN's external reserves policy confirmed that vigorous diversification was embarked upon when there was remarkable increase in the level of the reserve. However, current CBN reserve management policy shows a …
Macroeconomic Determinants Of Domestic Private Investment In Nigeria: An Empirical Exploration, Louis N. Chete, Godwin Akpokodje
Macroeconomic Determinants Of Domestic Private Investment In Nigeria: An Empirical Exploration, Louis N. Chete, Godwin Akpokodje
Economic and Financial Review
Despite a decade of profound macroeconomic adjustments, the record of private investment recovery has been disappointing. This paper empirically investigates the determinants of private investment in Nigeria. The results reveal that a combination of internal disequilibria and external shocks account for the slow pace of private investment resurgence. Conclusively, the paper advocates the synchronization of monetary, fiscal, trade and exchange rate policies of government in a mutually reinforcing manner to facilitate the attainment of the objectives of price stability, higher rates of investment and growth.
Foreign Direct Investment In Nigeria: Evidence From Time Series Data, Akpan H. Ekpo
Foreign Direct Investment In Nigeria: Evidence From Time Series Data, Akpan H. Ekpo
Economic and Financial Review
This paper examines the relationship between foreign direct investment (FDI) in Nigeria and some macroeconomic variables. The preliminary empirical results, covering the period 1970-1994, suggest that high debt service and low credit ratings discourage FDI. FDI is also sensitive to real per capita income and low rates of inflation.
Foreign Private Investment In Nigeria - 1993., Central Bank Of Nigeria Cbn
Foreign Private Investment In Nigeria - 1993., Central Bank Of Nigeria Cbn
Economic and Financial Review
The result of the annual foreign private investment survey conducted by the Central Bank of Nigeria in 1993 are presented in this report. The survey covers 721 establishments that are either fully foreign owned or are in partnership with Nigerians/Nigerian agencies or enterprises doing business in Nigeria. Questionnaires were retrieved from 370 companies, representing a response rate of 51.0 per cent. Statistical adjustment were however made for the non-responding institutions. The analyses of the report are presented in eight parts. In Part I, the flows of foreign investment by regions of origin, components and sectoral distributions are discussed. The cumulative …
Policy Seminar On The 1997 Federal Government Budget., Paul A. Ogwuma
Policy Seminar On The 1997 Federal Government Budget., Paul A. Ogwuma
Bullion
This is a lecture presented by the Governor of Central Bank of Nigeria. It examines the Nigeria federal budget critically on strategy and framework for the successful implementation of the 1997 policy measures, taking into account the absorptive capacity and constraints of the Nigerian economy.