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Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 1984, Central Bank Of Nigeria

CBN Annual Report

CBN annual report and statement of accounts for 1984 covers economic performance including key economic indicators such as inflation rate, GDP growth, exchange rate stability, banking sector performance, monetary policy, financial stability, fiscal policy, and regulatory updates for 1984. It also examines future economic outlook. In 1984, the index of industrial production fell by 10.2 per cent significantly due to the poor performance of the manufacturing sector whose index of production fell by 18.2 per cent. In respect of domestic prices, the supply-side factors were dominant in exerting upward pressures on prices. There were acute shortages in consumer goods and …

An Econometric Analysis Of The Determinants Of Investments By Insurance Companies In Nigeria, S. E. Omoruyi

Economic and Financial Review

The paper is divided into two parts. Part I discusses the concept of financial intermediation. Part II outlines the model of determinants of investments by the insurance industry and summarises the main findings and policy recommendations of the study.

Hearing On Fair Reduction-In-Force (Rif) Practice Act Of 1984 (H.R. 6080) Before The U.S. House Of Representatives Committee On Post Office And Civil Service Subcommittee On Human Resources: Testimony, Wayne R. Wendling

Testimonies

No abstract provided.

Limitations Of Monetary (And Fiscal) Policy In An Age Of Financial Instability, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Prepared for the Conference on Streams of Economic Thought, held in Trieste, Udine, Italy, 1-3 September, 1984. The main paper is the published work, the second paper here is the original with Minsky's extensive editorial rewritings.

Developments In The Financial System During The Third Quarter Of 1984, Central Bank Of Nigeria Cbn

Economic and Financial Review

This article highlights the developments in the financial system of Nigeria during the third quarter of 1984. It covers the monetary and credit developments, commercial banking and merchant banking developments in the country during the period under review.

Foreign Exchange Flows Through The Central Bank During The Third Quarter Of 1984, Central Bank Of Nigeria Cbn

Economic and Financial Review

This is a report of the flow of foreign exchange in and out during the third quarter of 1984. Foreign exchange transactions during the third quarter of 1984 resulted in a net outflow of N114 .0 million in contrast to the net inflows of N289.4 million and N11.9 million recorded during the preceding quarter and the corresponding period of 1983, respectively.

Demand Response And The Reform Of Indirect Taxes In Pakistan, Ehtishaw Ahmad, Hing-Man Leung, Nicholas Stern

Research Collection School Of Economics

The question of the appropriate tax rate for different commodities is important for policy making in a country like Pakistan. This involves not only revenue, which is an obvious and a major preoccupation of most governments, but also concerns the effects of tax changes on households in various circumstances, together with production decisions in many sectors of the economy. In this paper we shall be concerned with a preliminary evaluation of the Pakistan indirect tax system. We shall examine in further work, the analysis of direct taxes, the balance between direct and indirect taxes as well as the effects of …

Foreign Exchange Flows Through The Central Bank During The Second Quarter Of 1984, Central Bank Of Nigeria Cbn

Economic and Financial Review

The paper discusses foreign exchange flows through the Central Bank of Nigeria during the second quarter of 1984.

Developments In The International ( London) Commodities' Market During The First Quarter,1984, Central Bank Of Nigeria Cbn

Economic and Financial Review

A report on the developments in the International (London) commodities' market during the first quarter,1984. The notable commodities includes coffee, cotton, palm-kernel and rubber. A number of factors accounted for the general improvement in commodity prices. Firstly, there was a decline in the supply of most of the commodities. The second factor was the uncertainty regarding production prospects in the immediate future . Finally, there was a general increase in the demand for most of the commodities.

Indiana State University Financial Report 1984, Indiana State University

Financial Reports

No abstract provided.

Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 1983, Central Bank Of Nigeria

CBN Annual Report

In 1983, Nigeria's economy experienced severe stagflation, with GDP falling by 4.4%, more than the 3.4% decline recorded in 1982. Domestic inflation was 23.2%, more than three times the 7.7% recorded in 1982. The external sector also suffered from the general malaise, with the recorded value of external trade falling from N21.3 billion in 1982 to N17.3 billion in 1983. Agricultural production fell sharply due to severe droughts, bush fires, and diseases/pest infestations in livestock and crops. The volume of primary commercial energy consumed increased, with the index going up by 4.4% in 1983. Inflationary pressures intensified due to the …

Foreign Exchange Flows Through The Central Bank During The Third And Fourth Quarter Of 1983, Central Bank Of Nigeria Cbn

Economic and Financial Review

N11.9 million and a net outflow of N3.7 million during the third and fourth quarters of 1983 respectively. These compared with the net outflows of 13.2 and N171.9 million recorded during the counterpart periods of the preceding year (See Table 1). In line with these developments, official holdings of external reserves increased by N11.9 million during the 3rd quarter, recording N802.2 million at the end of September, 1983. They decreased by N3.7 million during the 4th quarter to N798.5 million at the end of December 1983. (See Table 3) .

Developments In The Financial Sector During The Fourth Quarter Of 1983, Central Bank Of Nigeria Cbn

Economic and Financial Review

Money supply, narrowly defined , Ml, attained a seasonal peak of N 11,282.4 million at the end of the fourth quarter of 1983, thus showing an increase of N256.5 million or 2.3 per cent over the level in the preceding quarter, compared with the increase of N950. l million or 10.4 per cent in the corresponding period of 1982. Over the level a year earlier, the rise in this aggregate was Nl ,233.9 million or 12.3 per cent.

Comparative Analysis Of Commercial Banking Activities In The 19 States Of The Nigerian Federation 1977-1980, N. E. Ogbe

Economic and Financial Review

The paper is divided into three parts. Part I examines the inter-state distribution of bank facilities - branches, credit and deposits; analysis of intra-state sectoral credit distribution and loan maturity are discussed in part 2; while part 3 is the conclusion.

Statistical Section (December 1983), Central Bank Of Nigeria Cbn

Economic and Financial Review

This is a statistical representation of economic activities in Nigeria in 1983

The Relevance Of Exchange Control In Nigeria's Balance Of Payments Adjustment Process, O. K. Anifowose

Economic and Financial Review

The objective of this paper is to evaluate the usefulness of exchange control in correcting Nigeria's Balance of Payments deficits during the period 1967-1981. The paper consists of four parts. In part one, a general review of the legal framework and exchange control practices in the period is undertaken. Part two offers an appraisal of exchange control as a policy for balance of payments adjustment in Nigeria. In part three exchange control is compared with other balance of payments policies to determine whether or not the country can dispense with the control regulations . The summary and main conclusions of …

Foreign Private Investment In Nigeria 1979-1981, Central Bank Of Nigeria Cbn

Economic and Financial Review

This paper has analysed the results of the survey o f foreign private investment in Nigeria for the period 1979 to 1981. The results show that net inflow o f foreign private investment into Nigeria fell by 12.6 per cent from N331.8 million in 1978 to N289.9 million in 1979. but rose by 61.1 per cent to N467.0 million in 1980 and fell again by 70. 5 per cent to N137.8 million in 1981. The sharp fall in net inflow of foreign private investment in 1981 was due to an outflow of N447. I million in 1981 as against outflows …

Government Expenditures, Money Supply And Prices: 1970-80, J. O. Osakwe

Economic and Financial Review

The main objectives of this paper are to ascertain the amount of the Federal Government expenditures which affected money supply, during the period 1970-80; to examine the movements of government expenditures, money supply and prices within the period 1970-80 and to investigate the empirical relationships between government spending and money supply, and money supply and prices. In order to achieve the above named objectives, the paper is divided into four parts as follows: Part 1 deals with the estimates of government expenditures which affected money supply. Part 2 describes the movements of government expenditures, money supply and prices; Part 3 …

Recent Developments In Nigeria's Oil Industry And Their Implications For Government Finance, Petroleum Studies Office Research Department

Economic and Financial Review

This brief review has focused on the movements of oil prices, production and exports in the 1979-82 period, highlighting the implications of such movements for Federal Government revenue and expenditure.

Growth And Flexibility Of Federal Government Tax Revenue 1960 - 79, S. E. Omoruyi

Economic and Financial Review

The paper is divided into two parts. Part I discusses the growth of tax revenue including an analysis of shifts, if any, in revenue productivity of taxes or tax types. Part II outlines our flexibility co-efficients based largely on single equation, simple regression model.

Statistical Section (March 1983), Central Bank Of Nigeria Cbn

Economic and Financial Review

This is a statistical representation of economic activities in Nigeria during the first quarter of 1983

Indiana State University Financial Report 1983, Indiana State University

Financial Reports

No abstract provided.

Inflation And Taxable Capacity: Some Recent Evidence, Barbara Allison Haney-Powell

Masters Theses

Colin Clark's theory of inflation has had a profound effect on present-day economic theory concerning taxation policy. While his belief that inflation occurred when all tax revenues exceeded 25 percent of national income was rejected by his contemporaries in the 1940's, supply-side economists incorporate Clark's theory into their proposals for curing the unemployment and inflation of the 1970's and 1980's. These proposals gained popular support and resulted in the election of President Ronald Reagan who implemented such proposals. The purpose of this study is to determine the veracity of Clark's theory.

Clark's theory was tested in this study with the …

Analysis Of Fund-Raising Activities In Regard To Alumni Giving At Bethel College, Homer W. Drew

Dissertations

Problem. This study addressed the problem of how small Christian institutions of higher education may best organize and manage their fund-raising programs to maximize alumni support. The purpose of this study was to investigate and analyze what would be the best strategy in working with alumni.

Method. An experimental design was used with a pre-test/post-test control group. Six different treatments for stimulating alumni giving were studied: "Dear Friend" letter, telethon, personalized letter, gimmick letter, incentive letter, and personal visitation. The study was limited to Bethel College and included three hundred alumni randomly selected and given one of the six treatments. …

Money - General, Anwar Shaikh Phd

Archives of Anwar Shaikh

This folder includes:
Handwritten note cards titled:

• Velocity of Circulation & Crises, on gold sufficiency when k = 1, the credit system increasing velocity on a smaller base of hard cash, and sensitivity to fluctuations with declining reserve ratio (2/21/77)
• Hoarding, on holding the money-form of a commodity, citing Capital Vol. II, Ch. V, p. 126 on value in its always convertible form
• Circulation of Money, on ideal prices prior to exchange, regulating ideal price vs. actual ideal price, and the Walrasian auctioneer
• Essence of Money-Commodity, on circulation requirements, the historical development of the money-commodity as …

Central Bank Of Nigeria Annual Report And Statement Of Account For The Year Ended 31st December, 1982, Central Bank Of Nigeria

CBN Annual Report

The economic slowdown in 1981-1982 led to a decline in mineral and export crop production, with crude oil production falling from 1.440 million barrels in 1981 to 1.29 million barrels in 1982. The Central Bank of Nigeria business survey showed increased manufacturing sales and inventories of finished goods. Inflation decelerated to its lowest level since 1973, mainly due to reduced monetary expansion and increased production of staple food, livestock products, and fish. The money supply rose by 5.6% in 1980 and 3.1% in 1982, but the government sector's share in bank credit increased. The Gross National Product of all industrialized …

Indiana State University Financial Report 1982, Indiana State University

Financial Reports

No abstract provided.

Central Bank Of Nigeria Annual Report And Statement Of Account For The Year Ended 31st December 1981, Central Bank Of Nigeria

CBN Annual Report

In 1981, Nigeria's economy experienced a 7.9% decline in industrial production, primarily due to a decline in mining production, particularly petroleum. Manufacturing output increased by 5.7%, while agricultural production showed some improvement. Inflation worsened, with the composite consumer price index rising by 20.8%. Monetary expansion slowed down, but a 5.6% increase was recorded at the end of the year. The aggregate banking system's credit to the economy increased by 5.8%, with the Federal Government budgeting for current services. The external sector experienced a large balance of payments deficit, resulting in a drawdown of the nation's reserves. The world economy slowed …

Taxpayers Rights Amendment: A Sequel To Dakota Proposition?, Philip Favero

Economics Staff Paper Series (1969 - 2017)

During their campaign against Dakota Proposition, some of the opponents to that proposed constitutional amendment indicated their interest in a substitute measure to limit taxes in South Dakota. The substitute would involve, they stated, tying South Dakota taxes to the rate of inflation. An example of this kind of measure know as the Taxpayer's Rights Amendment" has been written and may be presented as a petition to change the South Dakota Constitution in a future general election. This Staff Paper includes a brief introductory analysis of the "Taxpayer's Rights Amendment." Suggestions for future research are also offered should the proposed …

Indiana State University Financial Report 1981, Indiana State University

Financial Reports

No abstract provided.