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Articles 1 - 30 of 30
Full-Text Articles in Social and Behavioral Sciences
The Performance And Future Of Mandatory Allocation Of Credit To Selected Sectors In The Nigerian Economy, J. A. Babalola, F. O. Odoko
The Performance And Future Of Mandatory Allocation Of Credit To Selected Sectors In The Nigerian Economy, J. A. Babalola, F. O. Odoko
Economic and Financial Review
The paper examines the performance and likely future trend of mandatory credit allocation to selected sectors of the Nigerian economy. The result reveals that during both the pre-SAP and the SAP years, performance was below target. In terms of future mandatory a/location of credit by banks, the paper notes that instead of 'prescribing the total amount by which banks can expand credit, discretion should he given to banks to allow market forces to determine the allocation.
Export Processing Zone Programmes: Lessons For Nigeria From Other Countries, E. B. Hogan, E. A. Onwioduokit
Export Processing Zone Programmes: Lessons For Nigeria From Other Countries, E. B. Hogan, E. A. Onwioduokit
Economic and Financial Review
The monumental success of the export-oriented South-East Asian countries has engendered a shift in emphasis among other developing countries towards export oriented development strategy in recent times. This paper examines the export processing programmes in Nigeria, drawing from the experiences of other countries where the programme is operational. The analysis confirms that the nature and extent of incentives available in Nigeria's EPZ scheme compares favourably with those provided by similar schemes elsewhere. However, the same cannot be said of infrastructural facilities such as roads, railways and communication. The need for improvement in these facilities is emphasized. Also, security, which is …
Foreign Private Investment In Nigeria - 1994, Central Bank Of Nigeria Cbn
Foreign Private Investment In Nigeria - 1994, Central Bank Of Nigeria Cbn
Economic and Financial Review
The netjlow of foreign private investment into the Nigerian economy in 1994 reduced drastically to N3,907.2 million from N32,994.4 million recorded in the preceding year. The sharp decline was attributable to the unstable business environment which resulted from political agitation and labour unrest during the review period. Contributions of all the investment flow components fell, especially changes in foreign share capital and trade and suppliers credit facilities which plummeted to N429. 5 million and N214.8 mil/ion.from N5,0ll.4 and N17,803.l million recorded in the preceding year, respectively. While investments of all the other regions declined, investment flows.from companies of Asian origin …
Ashwani Saith. The Rural Non-Farm Economy: Processes And Policies (Geneva, Ilo) 1993., S. O. Etafo
Ashwani Saith. The Rural Non-Farm Economy: Processes And Policies (Geneva, Ilo) 1993., S. O. Etafo
Economic and Financial Review
The study examines the likely impact of rural, non-farm economy (RNFE) growth on rural inequalities and agrarian differentiation processes; possible demand constraints; and the success or failure of specially targeted rural, non-farm programmes (for example, Graneen Bank in Bangladesh, the People's Commune in pre-1978 rural China and IRDP interventions in India). The author establishes economic conditions and institutional environment that would enable the RNFE to grow, with a decisive impact on rural poverty. The study, intended to be a precursor to a full-length study of the rural, non-farm economy (RNFE) in developing economies, runs into five chapters. Chapter 1 is …
Direct Payment Of Taxes Through Designated Banks., Mallam I. Usman
Direct Payment Of Taxes Through Designated Banks., Mallam I. Usman
Bullion
This paper examine the Federal Government policy on direct payment system of tax through designated Nigerian Banks. The main objective of the scheme is to improve the administration of taxation in Nigeria by making it more convenient to tax payers in terms of time saving, reducing the incidence of fraud which has, over the years, depraved Government of needed revenues, minimizing the risk of carrying cash, providing transparency and -improved accountability, and of course, enhancing revenue yield substantially.
Money Supply, Inflation And The Nigerian Economy, Paul A. Ogwuma
Money Supply, Inflation And The Nigerian Economy, Paul A. Ogwuma
Bullion
Experience in many countries, including Nigeria, show that fiscal policies, in particular, intended primarily to stimulate output growth and enhance real income often end up as a major source of financial imbalances and macro-economic instability. The accompanying high inflation has critical allocative and distributional implications that can be detrimental to the growth process. It is against this background that, this short paper attempts, to identify the relationship between monetary growth and inflationary developments in Nigeria and the implications for economic growth. Following this Introduction, Thus, the challenge of maintaining monetary stability has often been a difficult one, the world over, …
Research And Economic Policy In The Nigerian Public Sector., Ojo M. O.
Research And Economic Policy In The Nigerian Public Sector., Ojo M. O.
Bullion
The paper examines the role of research for economic policy management in the Nigerian public sector. The subject is treated comprehensively for the information of participants. It further discusses some conceptual issues, the policy framework for economic management, appraisal of policy research in the public sector, the observed problems in national policy research and some proposals for improvement.
Problems And Prospects In Agricultural Financing In Nigeria Under Economic Deregulation., Odu Paul C.
Problems And Prospects In Agricultural Financing In Nigeria Under Economic Deregulation., Odu Paul C.
Bullion
The paper focus on the government economic deregulation in Nigeria in 1986 which was discussed in sections. Section I of the paper reviews the trends in the agricultural finance sector before and during SAP. The perspectives of agricultural lending under deregulation is discussed ln section II. Section III analyses the formal and informal credit to agriculture, and section IV reviews the policy implications/solutions of deregulation under agricultural financing, while section V concludes the paper.
Combating Terrorism Against Commercial Aviation, C Kurt Zorn
Combating Terrorism Against Commercial Aviation, C Kurt Zorn
Journal of Transportation Management
No abstract provided.
Delivery Lead Time Compression An Integral Part Of A Time Based Strategy, Charles Sherwood, J M. Moghaddam
Delivery Lead Time Compression An Integral Part Of A Time Based Strategy, Charles Sherwood, J M. Moghaddam
Journal of Transportation Management
The objective of this study is to examine factors influencing delivery lead time in a manufacturing environment. It presents the results of a survey of the electronic and other electrical equipment and components industry' in California to illustrate the relative importance of these factors in delivery time reduction. The degree of importance of each factor is then compared with the extent of emphasis the survey participants actually placed on the factor in attempting to reduce delivery lead time.
Getting Out The Message: Media And Message For Effective Driver Recruitment, Kathryn Dobie, James P. Rakowski, R Neil Southern
Getting Out The Message: Media And Message For Effective Driver Recruitment, Kathryn Dobie, James P. Rakowski, R Neil Southern
Journal of Transportation Management
No abstract provided.
Impacts Of U.S. Environmental Controls Upon Ocean Tankers, Robert Thomas Hoffman Ii, Donald F. Wood
Impacts Of U.S. Environmental Controls Upon Ocean Tankers, Robert Thomas Hoffman Ii, Donald F. Wood
Journal of Transportation Management
No abstract provided.
An Examination Of International Logistics Practices Of U.S. Logistics Professionals, Hokey Min, William Galle
An Examination Of International Logistics Practices Of U.S. Logistics Professionals, Hokey Min, William Galle
Journal of Transportation Management
Over the last two decades, the growing interdependence of the world economy and the subsequent increase in foreign trade volume have contributed to the considerable expansion of global logistics activities. As global logistics operations became almost a daily routine for many logistics professionals, they have begun to search for adaptive logistics strategies to improve global competitiveness. To assist U.S. logistics professionals in fostering such strategies, this study empirically examines how the globalization of business has influenced the way U.S. logistics professionals adapt themselves to a dynamic international environment fraught with countless risks and complexities.
The State Of The Nigerian Petroleum Industry: Performance, Problems And Outstanding Issues, M. O. Ojo, B. S. Adebusuyi
The State Of The Nigerian Petroleum Industry: Performance, Problems And Outstanding Issues, M. O. Ojo, B. S. Adebusuyi
Economic and Financial Review
This paper examines developments in the Nigerian petroleum industry in view of its prominent role in the economy and notes outstanding issues and other relevant policy implications. The paper also discusses the industry's organizational and operational structure and assesses its performance in terms of production, local consumption and exports of crude oil and refined products as well as oil revenue. Major findings are that although the sub-sector continues to account for the bulk of federally-collected revenue, the growth in crude oil output, average crude export volume as well as refined petroleum products consumption have been declining, while the performance of …
Catherine Bonser-Neal. "Does Central Bank Intervention Stabilize Foreign Exchange Rates? Economic Review, Federal Reserve Bank Of Kansas City, Vol. 81, No. 1, First Quarter 1996 (14pp), Peter I. Nwaoba
Economic and Financial Review
The paper tried to establish whether central bank intervention could reduce exchange rate volatility by stopping speculative attacks against a currency. The author's concern centered on the fact that exchange rate volatility has increased since the adoption of flexible exchange rate system in 1973 and the subsequent interventions by most central banks. She observed that many European countries have intervened in foreign exchange markets when deemed necessary to reduce volatility and possibly keep exchange rates within a band around a target rate. But opinions still differ on whether these interventions could stabilize exchange rates. The paper, therefore, sought to present …
On Early Warning Models For The Identification Of Problem Banks In Nigeria, Sani I. Doguwa
On Early Warning Models For The Identification Of Problem Banks In Nigeria, Sani I. Doguwa
Economic and Financial Review
This paper proposes alternative early warning models which could be helpful in identifying problem banks in Nigeria. The models rely on the /ogit-analytic technique and the use of financial ratios derived from the monthly returns the licensed banks render to both the Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC). The two separate models, each developed for commercial and merchant bank, are more efficient in that they drastically reduced the mis-classification errors inherent in other failure prediction models developed in the past. To illustrate the applications of the models for policy, an appraisal of the financial condition …
Cho Tae-Hyon: "Foreign Direct Investment In Korea: Recent Trends And Changes To Improve The Investment Environment", Korea Exchange Bank Quarterly, First Quarter, 1995, Vol. Xxx, No. 1, N. C. Oputa
Economic and Financial Review
Korea opened its doors to foreign investors in 1962 to raise capital for economic development. As at end-1994, the total accumulated volume of Korea's Foreign Direct Investment (FOI) on an approved basis amounted to US $12,525 million financing 4,709 projects. The conclusion of the Uruguay round and the establishment of the World Trade Organisation (WTO) which linked the global economy to free flows of trade and investment, are new challenges facing Korea in the search for ways to cope with the emerging era of unlimited competition. Tae-Hyon's paper attempts to review the trends in FDI and the recent incentives to …
Patent & Trademark Depository Library Association Newsletter
Patent & Trademark Depository Library Association Newsletter
Journal of the Patent and Trademark Resource Center Association
No abstract provided.
Further Empirical Analysis Of Inflation In Nigeria, O. M. Fakiyesi
Further Empirical Analysis Of Inflation In Nigeria, O. M. Fakiyesi
Economic and Financial Review
This paper analyses the main factors which influence inflation in Nigeria with a view to determining the relevant policy instruments that will reduce it. The empirical analysis confirms the findings of earlier studies that monetary expansion significantly influences the rate of inflation in Nigeria. The other dominant factor is the exchange rate which has a significant and positive impact on inflation. Growth in real income and level of rainfall are also significant in explaining inflation in Nigeria.
An Empirical Analysis Of The Prices Of Nigeria's Agricultural Export Commodities, Grace O. Evbuomwan
An Empirical Analysis Of The Prices Of Nigeria's Agricultural Export Commodities, Grace O. Evbuomwan
Economic and Financial Review
The study examines the role of price incentives in expanding agricultural commodity exports. Using the concept of efficiency, based on the theory of opportunity cost, nominal and effective protection coefficients (NPC & EPC) were estimated for cocoa, coffee, cotton, palm kernel, palm oil, rubber and soyabean. Their world market prices served as the efficiency benchmarks in order to determine the pattern of incentives or disincentives to the Nigerian agricultural export sector. The NPC values obtained ranged from 0.47 for cotton to I. I 8 for soyabean pre-Structural Adjustment Programme (SAP) and during the SAP the values ranged from 0. 63 …
Economic Growth And Foreign Debt: A Case Study Of Nigeria, J. O. Ashinze, E. A. Onwioduokit
Economic Growth And Foreign Debt: A Case Study Of Nigeria, J. O. Ashinze, E. A. Onwioduokit
Economic and Financial Review
In this study, a macro-economic model is used to examine the relationship between external debt and economic growth in Nigeria. The study has established empirically that foreign credit only contributed positively to growth between 1988 and /992 when the resources mobilized externally were used in directly productive activities. However, between 1979 and /987 as well as the period /993-/994, there was a negative relationship between foreign capital and growth. Among other factors, policy inconsistencies, drying up of external assistance and political instability were identified as the main factors that militated against foreign credit-induced growth of the Nigerian economy.
Tourism: Who Needs It?, Joan S. Remington, Marcel R. Escoffier
Tourism: Who Needs It?, Joan S. Remington, Marcel R. Escoffier
Hospitality Review
Is tourism economically beneficial? If so, who benefits? How much of the money generated through tourism can be channeled into other projects so desperately needed by the community without harming the local tour market? Will tourism continue to grow forever, or is there an end in sight? The authors discuss how tourism will change in approaching the next century: and how people will change if tourism is to remain such an important economic facto
A New Vision: U.S Travel And Tourism Industry, Greg Farmer
A New Vision: U.S Travel And Tourism Industry, Greg Farmer
Hospitality Review
Greg Farmer, U.S. Under Secretary of Commerce for Travel and Tourism, envisions a new proactive role for travel and tourism in the U.S. He has written this article especially for the FIU Hospitality Review.
Investing In Hospitality Operations In The People's Republic Of China: The Legal Framework, Bruce C. Urdang
Investing In Hospitality Operations In The People's Republic Of China: The Legal Framework, Bruce C. Urdang
Hospitality Review
In the late 1970s, the People's Republic of China announced its "Open Door Policy. "After being closed to the outside world for decades, the Western world was not certain what to make of this turnaround. The author looks at a number of questions: Was China sincere in its statements that it wanted foreign investment on its soil? Was it willing to provide the economic and legal framework within which foreign investors could feel secure about placing their investment dollars? What concerns or issues still remain with regard to such investment decisions today?
Slot Machines: Methodologies And Myths, Michael L. Kasavana
Slot Machines: Methodologies And Myths, Michael L. Kasavana
Hospitality Review
The proliferation of legalized gaming has significantly changed the nature of the hospitality industry. While several aspects of gaming have flourished, none has become more popular, profitable, or technologically advanced as the slot machine. While more than half of all casino gambling, and earnings, is generated by slot machines, little has been written about the technology integral to these devices. The author describes the workings of computer-controlled slot machines and exposes some of the popular operating myths.
Environmental Racism And Biased Methods Of Risk Assessment, Daniel C. Wigley, Kristin S. Shrader-Frechette
Environmental Racism And Biased Methods Of Risk Assessment, Daniel C. Wigley, Kristin S. Shrader-Frechette
RISK: Health, Safety & Environment (1990-2002)
Based on analysis of a risk assessment for a proposed Louisiana uranium enrichment facility, the authors argue that environmental injustice occurs when assessors' scientific methods cause de facto discrimination.
Health Care Reform In Maine: Continuing The Dialogue, Robert Keller, Neil Rolde, Peter Hayes
Health Care Reform In Maine: Continuing The Dialogue, Robert Keller, Neil Rolde, Peter Hayes
Maine Policy Review
No abstract provided.
Tax Policy And Economic Development: A Roundtable Assessment, Christopher St. John, Alan P. Brigham, Charles Colgan, Brian H. Mahany
Tax Policy And Economic Development: A Roundtable Assessment, Christopher St. John, Alan P. Brigham, Charles Colgan, Brian H. Mahany
Maine Policy Review
Economic development continues to be a top policy issue for the state of Maine. Within the broad topic of economic development is the issue of tax policy, and the state continues to experiment with changes in traditional taxes, such as sales and income, as well as with newer approaches, such as Employment Tax Increment Financing. What works and what does not work? Can the state afford the potential loss of revenues associated with tax incentives? Who wins and who loses from these policies? To answer these questions, Maine Policy Review convened a panel of experts to review Maine’s record. Two …
Maine’S Workers’ Compensation System: Is It Making The Grade?, Jonathan W. Reitman
Maine’S Workers’ Compensation System: Is It Making The Grade?, Jonathan W. Reitman
Maine Policy Review
Fundamental changes in Maine’s workers' compensation system were legislated four years ago. What impact have they had and what remains on the policy agenda? This article provides a comprehensive and balanced assessment of that reform effort, suggesting dramatic improvements in the system. But work remains: Vocational rehabilitation, labor-management collaboration, and cost-containment are especially in need of improvement.
Commentaries On "The State Of Nebraska's Plan For The Creation Of Community-Based Technology Committees", Dianne Tilton, Harry H. Dresser Jr.
Commentaries On "The State Of Nebraska's Plan For The Creation Of Community-Based Technology Committees", Dianne Tilton, Harry H. Dresser Jr.
Maine Policy Review
No abstract provided.