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1997

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Articles 1 - 30 of 396

Full-Text Articles in Economics

Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 1997, Central Bank Of Nigeria Dec 1997

Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 1997, Central Bank Of Nigeria

CBN Annual Report

In 1997, Nigeria experienced its third consecutive year of macroeconomic stability, resulting in modest improvement in domestic output growth and a persistently low inflation rate. The balance of payments position showed a modest surplus, and significant success was achieved in reducing domestic liquidity growth. Domestic output expanded further due to increased agricultural output and crude petroleum production, while the inflation rate declined further. Domestic output, measured by the Gross Domestic Product (GDP), increased by 3.8% in 1997, as against the average growth rate of 2.3% in the preceding three years. The fight against inflation was highly successful, reaching a single …

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Keynote Address By V. A. Odozi, V. A. Odozi Dec 1997

Keynote Address By V. A. Odozi, V. A. Odozi

Economic and Financial Review

This is a keynote address by V. A. Odozi at the 5th CBN Executive Policy seminar on reviving Nigeria's non-oil sector for economic development held at Jos, September 2 - 5, 1997.

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Opening Address By Alhaji Saidu Mohammed, Saidu Mohammed Dec 1997

Opening Address By Alhaji Saidu Mohammed, Saidu Mohammed

Economic and Financial Review

This is the opening address delivered by Alhaji Saidu Mohammed at the in-house seminar on reviving Nigeria's non-oil sector for economic development for CBN executive staff held at Jos, September 2 - 5, 1997.

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Goodwill Address By Dr. M. O. Ojo, M. O. Ojo Dr. Dec 1997

Goodwill Address By Dr. M. O. Ojo, M. O. Ojo Dr.

Economic and Financial Review

This is a Goodwill Address presented at the opening ceremony of the in-house seminar on reviving Nigeria's non-oil sector for economic development for CBN executive staff in Jos, on September 2 - 5, 1997.

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Welcome Address By Chief M. O. Onunkwor, M. O. Onunkwor Dec 1997

Welcome Address By Chief M. O. Onunkwor, M. O. Onunkwor

Economic and Financial Review

This is the Welcome Address presented at the 5th Edition of Executiv Policy Seminar being organised by the Research and Personnel Department, Central Bank of Nigeria. The opening ceremony of in-house seminar was themed "Reviving Nigeria's Non-oil sector for Economic Development" for CBN executive staff.

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An Overview Of The Non-Oil Sector Of The Nigerian Economy, D. O. Ajakaiye Dec 1997

An Overview Of The Non-Oil Sector Of The Nigerian Economy, D. O. Ajakaiye

Economic and Financial Review

An overview of the non-oil sector aimed at illuminating the extent to which the economic base has been diversified since the commencement of the SAP should focus on pertinent issues such as the structure and growth of exports, the structure and growth of the production activities. The structure and growth of exports are examined followed by the structure and growth of production activities encompassing structure and growth of value added and final demands as well as the pattern of intersectoral linkages.

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Appraisal Of Past And Present Policy Measures For Reviving Nigeria's Non-Oil Sector And Policy Implications For The Future, A. P. Awoseyila Dec 1997

Appraisal Of Past And Present Policy Measures For Reviving Nigeria's Non-Oil Sector And Policy Implications For The Future, A. P. Awoseyila

Economic and Financial Review

The objective of this paper is to review the major non-oil sector policy measures from I 960 to date, appraise them in the context of growth in output; and to put on record the implications for future policy direction. The rest of the paper is organized into three Sections. Section II reviews the major policy measures (past and present). The focus of the section is the articulation of policies and strategies adopted to diversify the productive base and stimulate growth of the non-oil sector. Section III appraises the effectiveness of the measures as well as their shortcomings, while Section IV …

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Seasonal Corn And Soybean Pricing; Benchmarks For Your Beef Herd: Where To Find Them, Dick Shane, Gene Murra Dec 1997

Seasonal Corn And Soybean Pricing; Benchmarks For Your Beef Herd: Where To Find Them, Dick Shane, Gene Murra

Economics Commentator (1972- 2016)

No abstract provided.

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Trends. Globalization As Old Wine In New Bottles: The 30th Anniversary Of The Association Of Southeast Asian Nations (Asean), Ibpp Editor Dec 1997

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.

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Twelfth Lecture Seminar Marx, Keynes & Kalecki, Anwar Shaikh’S Theory Of Inflation, Anwar Shaikh Phd Dec 1997

Twelfth Lecture Seminar Marx, Keynes & Kalecki, Anwar Shaikh’S Theory Of Inflation, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes the twelfth and final lecture, Seminar on Marx, Keynes, and Kalecki (December 11, 1997): Anwar Shaikh’s theory of inflation.

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Lessons From Asian Turmoil, Ishrat Husain Dr. Dec 1997

Lessons From Asian Turmoil, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

The recent turmoil in the equity and currency markets of Thailand, Indonesia and Korea has given rise to two diametrically opposite reactions.

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Central Bank Of Nigeria Statistical Bulletin, December 1997, Central Bank Of Nigeria Dec 1997

Central Bank Of Nigeria Statistical Bulletin, December 1997, Central Bank Of Nigeria

CBN Statistical Bulletin

Financial data is compiled from documents like balance sheets and financial statements, which are designed for legal and administrative purposes rather than economic analysis. The Financial Statistics Office compiles the analytical CBN balance sheet without major reclassifications or rearrangements. However, due to problems with imprecise definitions, improper classification, inadequate sectorization, inaccuracies, irregular valuation procedures, and errors in data compilation, major revisions were made. The Computer Services Department generates summary and detailed analytical balance sheets based on the end-month BANKOS 302 of the CBN, Lagos branch. The consolidation of accounts of monetary authorities and deposit money banks produces monetary survey accounts. …

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Non-Convex Costs And Capital Utilization: A Study Of Production Scheduling At Automobile Assembly Plants, George J. Hall Dec 1997

Non-Convex Costs And Capital Utilization: A Study Of Production Scheduling At Automobile Assembly Plants, George J. Hall

Cowles Foundation Discussion Papers

This paper studies how managers at automobile assembly plants organize production across time. Detailed data from eleven single-source automobile assembly plants display considerable cross-plant heterogeneity. At plants which make low- and medium-selling vehicles the capital stock often sits idle, production is more variable than sales, and weeklong shutdowns are often used to vary output. In contrast, at plants which make high-selling vehicles, the capital stock rarely sits idle, production is about as variable as sales, and over time — bit weeklong shutdowns — is most frequently used to vary output. To explain this difference in production scheduling, I formulate and …

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The Future Role Of Technology In Banking Development In Nigeria., Paul A. Ogwuma Dec 1997

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 …

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Monetary Policy And Financial Sector Reform., J. O. Adeeribigbe Dec 1997

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 …

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Interest Rate Policies In Ecowas Countries: A Comparative Analysis., Benji C. Onyido Dec 1997

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 …

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Government Fiscal Policy In 1996/1997: Implications For Economic Development And Survival Of Banks., Sarah Omotunde Alade Dec 1997

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 …

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Performance Evaluation Of Small-Medium Enterprises (Smes) In Nigeria., B S. Adebusuyi Dec 1997

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.

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Evaluating The Information Content And Money Making Ability Of Forecasts From Exchange Rate Equations, Ray C. Fair Dec 1997

Evaluating The Information Content And Money Making Ability Of Forecasts From Exchange Rate Equations, Ray C. Fair

Cowles Foundation Discussion Papers

This paper evaluates a particular set of equations for the dollar/yen and dollar/mark exchange rates. The forecasts from the equations dominate both forecasts from the random walk model and forecasts using the forward rate. The results also suggest that money may be able to be made in the forward markets using the equations.

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Review Of "The Post-Cold War Trading System: Who's On First?" By S. Ostry, Stephen S. Golub Dec 1997

Review Of "The Post-Cold War Trading System: Who's On First?" By S. Ostry, Stephen S. Golub

Economics Faculty Works

No abstract provided.

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Management Of Foreign Exchange: A Peep Into The Next Decade., O K. Anifowose Dec 1997

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.

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Contingent Pay And Employee Performance, Rania Mohamed Abou Senna Dec 1997

Contingent Pay And Employee Performance, Rania Mohamed Abou Senna

Archived Theses and Dissertations

No abstract provided.

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The Eu-Egypt Partnership Agreement, Gehan Mamdouh Saleh Dec 1997

The Eu-Egypt Partnership Agreement, Gehan Mamdouh Saleh

Archived Theses and Dissertations

No abstract provided.

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Stock Market And Macroeconomic Policies: New Evidence For The Pacific Basin Countries, Unro Lee Dec 1997

Stock Market And Macroeconomic Policies: New Evidence For The Pacific Basin Countries, Unro Lee

Eberhardt School of Business Faculty Articles

This article investigates whether the stock markets of the Pacific Basin countries of Hong Kong, Singapore, South Korea, and Taiwan are informationally efficient with respect to macroeconomic policies. Granger causality tests are utilized in the context of a Vector Error Correction Model to test the relationship between aggregate stock prices and monetary and fiscal policies. The findings indicate that the stock markets of all four countries are not efficient with respect to both macroeconomic policies. These findings are different from those of other articles focusing on major industrialized countries. Rejection of market efficiency may be attributed to the unique structure …

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Curbing Urban Traffic Congestion In Singapore: A Comprehensive Review, Rex S. Toh, Sock-Yong Phang Dec 1997

Curbing Urban Traffic Congestion In Singapore: A Comprehensive Review, Rex S. Toh, Sock-Yong Phang

Research Collection School Of Economics

One of the most pervasive and frustrating of modern transportation problems is urban traffic congestion. Since 1975, Singapore has introduced a relentless series of traditional and experimental measures to slow down the growth of the motor vehicle population and to control its usage. While some of the measures have been somewhat successful, some of the problems were shifted or were substituted. The Area Licensing Scheme led to a shifting of the problem in time and place while the quota system has substituted uncertainty in quantity with uncertainty in price. Furthermore, the Preferential Additional Registration Fee system and the Quota System …

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Tenth Lecture, Seminar On Marx, Keynes & Kalecki, Rational Perfect Competition: The Firm And The Market, Anwar Shaikh Phd Nov 1997

Tenth Lecture, Seminar On Marx, Keynes & Kalecki, Rational Perfect Competition: The Firm And The Market, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes the tenth lecture, Seminar on Marx, Keynes, and Kalecki (November 22, 1997): Rational perfect competition: The firm and the market.

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The Stock Market: Herd Mentality And Rationality; World Meat Production And Trade: Some Selected Comments, John Sodney, Gene Murra Nov 1997

The Stock Market: Herd Mentality And Rationality; World Meat Production And Trade: Some Selected Comments, John Sodney, Gene Murra

Economics Commentator (1972- 2016)

No abstract provided.

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Ninth Lecture, Seminar On Marx, Keynes & Kalecki, Labor Market With Rational Expectations, Anwar Shaikh Phd Nov 1997

Ninth Lecture, Seminar On Marx, Keynes & Kalecki, Labor Market With Rational Expectations, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes the ninth lecture, Seminar on Marx, Keynes, and Kalecki (November 13, 1997): Labor market with rational expectations.

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Eighth Lecture Seminar On Marx, Keynes& Shaikh, Budget Consistency, Anwar Shaikh Phd Nov 1997

Eighth Lecture Seminar On Marx, Keynes& Shaikh, Budget Consistency, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes the eighth lecture, Seminar on Marx, Keynes, and Kalecki (November 6, 1997): Budget consistency.

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Managerial Stress In Hong Kong And Taiwan : A Comparative Study, Oi Ling Siu, Luo Lu, Cary L. Cooper Nov 1997

Managerial Stress In Hong Kong And Taiwan : A Comparative Study, Oi Ling Siu, Luo Lu, Cary L. Cooper

Centre for Public Policy Studies : CPPS Working Paper Series

The purpose of this study was to investigate occupational stress in managers in Hong Kong (N=280) and Taiwan (N=347) using the Occupational Stress Indicator-2 (OSI-2). The results showed that the reliabilities and predictive validity of the OSI-2 subscales were reasonably high in both samples. The logical relationships between job satisfaction, mental and physical well-being that were found in the two samples have provided support to the findings obtained in Western countries. The predictors for health effects were various and many in the two places. Further, there were gender differences in managerial stress in Hong Kong: female managers scored higher in …

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