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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 …

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.

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.

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.

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 …

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 …

Ohio's Metropolitan Areas: Employment And Payroll Trends In Central And Suburban Counties, Ziona Austrian

All Maxine Goodman Levin School of Urban Affairs Publications

No abstract provided.

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 …

Greener And More Equitable: A Vision For Dams And Other Western Water Issues, Bruce C. Driver

Dams: Water and Power in the New West (Summer Conference, June 2-4)

10 pages.

Contains 1 page of references.

Divestment Of Federal Water Projects, A. Jack Garner

Dams: Water and Power in the New West (Summer Conference, June 2-4)

21 pages.

Contains references.

Klamath Basin: Balancing Instream Flows With Irrigation And Power, Carl Ullman

Dams: Water and Power in the New West (Summer Conference, June 2-4)

15 pages (includes illustrations and maps).

Integrating New Values With Old Uses In The Relicensing Of Kingsley Dam And Related Facilities (Making Part Of The Problem A Part Of The Solution), Margot Zallen

Dams: Water and Power in the New West (Summer Conference, June 2-4)

21 pages (includes illustrations and map).

Agenda: Dams: Water And Power In The New West, University Of Colorado Boulder. Natural Resources Law Center

Dams: Water and Power in the New West (Summer Conference, June 2-4)

Conference organizers and/or speakers included University of Colorado School of Law professors David H. Getches, Douglas S. Kenney, Kathryn M. Mutz, Elizabeth Ann (Betsy) Rieke, Charles F. Wilkinson and Lawrence J. MacDonnell.

The keynote address by Charles F. Wilkinson is titled Coming to Grips with Growth in the West: Traditional Communities, Free Rivers and the New Megalopoli, and it will be held on Monday, June 2, at 12:30 p.m. in the Lindsley Memorial Courtroom of the law school. Wilkinson is a noted law professor, writer and authority on Western issues.

The conference will begin by providing historical context for the …

Patterns Of Demographic And Economic Change In The Western United States, Pamela Case

Dams: Water and Power in the New West (Summer Conference, June 2-4)

17 pages.

Contains footnotes.

Coming To Grips With Growth In The West: Traditional Communities, Free Rivers, And The New Megalopolises, Charles Wilkinson

Dams: Water and Power in the New West (Summer Conference, June 2-4)

25 pages.

Contains 2 pages of references.

Damming The West: Development Of Western Water Resources, Gilbert F. White

Dams: Water and Power in the New West (Summer Conference, June 2-4)

8 pages.

Downtown Cleveland's Economic Base, 1989-1996, Ziona Austrian, Jocelyn Fagan

All Maxine Goodman Levin School of Urban Affairs Publications

No abstract provided.

Is Money Growth Still A Useful Indicator Of Inflation?, Levent Camlibel

Economics Theses & Dissertations

This thesis examines the linkages among the monetary aggregates, inflation, and the economy through vector auto regression techniques. Multivariate Granger causality tests, variance decompositions and impulse response functions are utilized to examine causal relationships among key economic variables. In 1987, the Federal open Market Committee (FOMC) decided not to establish a specific target range for M1 growth . Since then, the broader M2 measure of money has been the preeminent variable used in implementing monetary policy; however, the results indicate that M1 can be used in predicting inflation and M2 can be used in predicting real GDP. This suggests that …

Evaluating Modernization And Dependency Explanations Of The Unequal Distribution Of Income In Developing Countries, Paul Timothy Shattuck

Dissertations and Theses

This paper tests two different theoretical explanations of the causes of the unequal distribution of income in less developed countries using data from circa 1990. There are several reasons for examining this much-studied topic. First, as described in the previous research findings chapter below, there is no consensus in the literature regarding the relative effects of modernization and dependency variables on income inequality. Determining the independent effects of the two models is still an open ended question. Second, the availability of more recent data provides us with an opportunity to check the possibility that previous findings were partly due to …

Public Sector Management And Change Psus: Are We Ready To Change?, Abhoy K Ojha

IIMB Management Review

Public sector companies have played a major role in the Indian economy. With 45% of all investment in India accounted for by PSUs and with the liberalisation of the Indian economy it is imperative that they become more productive and accountable. Are we ready to change and manage change? The objective response is that PSUs will not only have to change but change fast. The real challenge is in gearing up for change.

Economic Restructuring, Technology Transfer And Human Resource Development: By B R Virmani And Kala Rao, New Delhi: Sage Publications,1996., Subhashish Gupta

IIMB Management Review

No abstract provided.

Towards A New Sensibility For International Economic Development, Lan Cao

Faculty Publications

No abstract provided.

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.

Budget Of Economic Growth And Development, Sani Abacha

Bullion

This is the budget speech of the Head of State of Nigeria which implies a budget of renewal. It examines the success of the 1995 experiment that motivated the second step, of the budget which is to steadfastly fine tune and consolidate the gains of the 1995 budget. The 1996 budget is therefore, essentially a budget of consolidation, designed to continue on a higher plane, to lay a solid substructure for an efficient market economy.

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.

A Special Address: Policy Seminar On The 1997 Federal Government Budget., Ayo Ogunlade

Bullion

The paper contains the special address by the Honourable Minister of National Planning at the opening ceremony of the CBN/NCEMA/NES policy seminar on the 1997 Federal Government Budget. The budget provides the framework for implementing the short-term components of medium-term national development policies and programmes.

The Livingston Survey: Still Useful After All These Years, Dean D. Croushore

Economics Faculty Publications

The decisions of households, firms, and government agencies depend on forecasts of the overall economy. Large firms and the federal government often have the resources to hire their own economists to provide forecasts. But households, small firms, and local governments often depend on surveys of forecasters to get their information. In this article, Dean Croushore spotlights the Livingston Survey, which, even after 50 years, still provides useful forecasts of the economy.

Industrial Resources: Oldham County, Kentucky Library Research Collections

Oldham County

"Resources for Economic Development: Oldham County, [Kentucky]" prepared by the Kentucky Cabinet for Economic Development, Division of Research in cooperation with the Oldham County Chamber of Commerce, 1997. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.

Industrial Resources: Nicholas County - Carlisle, Kentucky Library Research Collections

Nicholas County

"Resources for Economic Development: Carlisle, [Kentucky]" prepared by the Kentucky Cabinet for Economic Development, Division of Research in cooperation with the Carlisle-Nicholas County Chamber of Commerce, 1997. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.

Industrial Resources: Owen County - Owenton, Kentucky Library Research Collections

Owen County

"Resources for economic Development: Owenton, [Kentucky]" prepared by the Kentucky Cabinet for Economic Development, Division of Research in cooperation with the Owen County Industrial Foundation, 1997. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.