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

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 Dec 1983

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 Dec 1983

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 Dec 1983

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 Dec 1983

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


Towards 1984: Recovery In The Context Of A Continuing Fragile Financial Structure, Hyman P. Minsky Ph.D. Oct 1983

Towards 1984: Recovery In The Context Of A Continuing Fragile Financial Structure, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

A heavily edited version of a paper being written by Minsky. In addition to the handwritten edits, pages were written and fixed over a previously written copy of the paper.


Approaching 1984: Recovery In The Context Of A Fragile Financial Structure, Hyman P. Minsky Ph.D. Oct 1983

Approaching 1984: Recovery In The Context Of A Fragile Financial Structure, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

The Making of 1984: A Look at the Policies and Issues. An Institutional Conference Sponsored by Dean Witter Reynolds, Inc. Helmsley Palace Hotel, New York, NY, Oct. 1983. New York, NY: Dean Witter Reynolds, Inc., 5 World Trade Center, New York, NY 10048.


Financial Structures: Indebtedness And Credit, Hyman P. Minsky Ph.D. Sep 1983

Financial Structures: Indebtedness And Credit, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Proceedings of a Conference “Money, Credit and Prices in Keynesian Perspective”. Conference held on the centenary of the birth of John Maynard Keynes at the University of Paris I, Pantheon-Sorbonne and the CNRS, Sept. 12-15, 1983.

Also posted here is a 29 page version of the paper, as well as the printed version of it as it appeared in ‘Part II. Debt, Credit and the Rate of Investment,' in Money, Credit and Prices in Keynesian Perspective. Proceedings of a Conference held at the University of Paris I-Pantheon- Sorbonne. New York, NY: St. Martin’s Press, Inc., 1989, 49-70.


Will "They" Let "It" -- A Financial Crisis And A Deep Depression -- Happen, Hyman P. Minsky Ph.D. Jul 1983

Will "They" Let "It" -- A Financial Crisis And A Deep Depression -- Happen, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

A paper written by Minksy in response to a column (or columns) written by Leonard Silk for the New York Times.


Money And Crisis In Schumpeter And Keynes, Hyman P. Minsky Ph.D. Jul 1983

Money And Crisis In Schumpeter And Keynes, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Paper prepared for Marx-Keynes-Schumpeter Symposium, Groningen, The Netherlands. To be delivered Sept. 8, 1983.

Also given here as the supplementary upload are the letters inviting Minsky to the Symposium, some information about it, and a listing of the other speakers.

The Symposium Brochure is the second supplement.


Misunderstanding Social Life: A Critique Of The Core Premises Of "Law And Economics", Mark G. Kelman Jun 1983

Misunderstanding Social Life: A Critique Of The Core Premises Of "Law And Economics", Mark G. Kelman

Journal of Legal Education

No abstract provided.


Monetary Policies And The International Financial Environment, Hyman P. Minsky Ph.D. May 1983

Monetary Policies And The International Financial Environment, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Conference on European-U.S. Relations, Centro di Studi Americani, Roma, Italy. May 19-20, 1983.

Paper is marked "Reading Copy" and has further handwritten note: "With Felixes comments & taking Kindlebergers comments into account." (sic)


The Crises Of 1983 And The Prospects For Advanced Capitalist Economies, Hyman P. Minsky Ph.D. Apr 1983

The Crises Of 1983 And The Prospects For Advanced Capitalist Economies, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Paper prepared for the "Centennial Symposium: Marx, Schumpeter and Keynes" at the University of Colorado at Denver, St. Cajetan's Center.


Monetary Development During The First Quarter Of 1983, Central Bank Of Nigeria Cbn Mar 1983

Monetary Development During The First Quarter Of 1983, Central Bank Of Nigeria Cbn

Economic and Financial Review

The main factors responsible for the decline in money supply in the first quarter of 1983 were the decline of Nl,799.0 million or 29.6 per cent in other assets (net) of the banking system ( or an equivalent increase in their other liabilities), a fall of N212.8 million or 19.9 per cent in net foreign assets and an increase of N97 .0 million or 1.4 per cent in quasi-money. The contractionary impacts of these three factors more than offset the expansionary effects of an increase ofNl,391.0 million or 6.3 per cent in bank credit to the economy.


Recent Developments In Nigeria's Oil Industry And Their Implications For Government Finance, Petroleum Studies Office Research Department Mar 1983

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.


An Address By Alhaji Abdulkadir Ahmed, Governor, Central Bank Of Nigeria, At The 12th Annual General Meeting Of Manufacturers Association Of Nigeria On Wednesday, 9th March, 1983, Abdulkadir Ahmed Mar 1983

An Address By Alhaji Abdulkadir Ahmed, Governor, Central Bank Of Nigeria, At The 12th Annual General Meeting Of Manufacturers Association Of Nigeria On Wednesday, 9th March, 1983, Abdulkadir Ahmed

Economic and Financial Review

This is an address by Alhaji Abdulkadir Ahmed, Governor, Central Bank of Nigeria, at the 12th Annual General Meeting of Manufacturers Association of Nigeria, on the theme " The Problem of Over-dependence of the Nigerian Economy on Imports".


Growth And Flexibility Of Federal Government Tax Revenue 1960 - 79, S. E. Omoruyi Mar 1983

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 Mar 1983

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


The Legacy Of Keynes, Hyman P. Minsky Ph.D. Feb 1983

The Legacy Of Keynes, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Article appeared first in Vol 35, (1-2) pp. 87-103, of Metronomica.

Also given here is the paper as prepared for the session “Centennial of the Greats” 9:45 a.m. - Fri. April 8, 1983, Midwestern Economic Assoc., St. Louis, Mo., both as a clean copy as with extensive rewriting.


Review Of "Our Overloaded Economy: Inflation, Unemployment, And The Crisis In American Capitalism", Hyman P. Minsky Ph.D. Jan 1983

Review Of "Our Overloaded Economy: Inflation, Unemployment, And The Crisis In American Capitalism", Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Review of: Wallace C. Peterson. Our Overloaded Economy: Inflation, Unemployment, And The Crisis In American Capitalism. Armonk, NY: M.E. Sharpe, Inc., 1982, pp. 228-232, Journal of Economic Issues, Vol. XVII, March 1983.


The American Economy In Mid-Year 1983: Recovery In The Context Of A Fragile Financial Structure, Hyman P. Minsky Ph.D. Jan 1983

The American Economy In Mid-Year 1983: Recovery In The Context Of A Fragile Financial Structure, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Undated.


Notes On "Effective Demand" (A Comment On Prof. Krishna Bharadwaj’S "On Effective Demand: Certain Recent Critique"), Hyman P. Minsky Ph.D. Jan 1983

Notes On "Effective Demand" (A Comment On Prof. Krishna Bharadwaj’S "On Effective Demand: Certain Recent Critique"), Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Published in J.A. Kregel, (ed.), Distribution, Effective Demand and International Economic Relations, New York, NY: St. Martin Press. 1983.


Money, Anwar Shaikh Phd Jan 1983

Money, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes.

• Shaikh, A. (n.d.). Money [Unpublished handwritten notes].

• Shaikh, A. (1980, December). Government deficits and inflation [Unpublished handwritten notes].

• Shaikh, A. (1982, April 23). Government deficits, inflation, and deficits as a proportion of GNP [Unpublished handwritten notes].

• The ’70s: Euphoric plateau before a Kondratieff downswing? (1972, December 26). The Money Manager. (Publisher information not specified).

• Shaikh, A. (1976, September). Some connections in Marx’s theory of accumulation [Unpublished diagram].

• Shaikh, A. (1983, October). Endogenous money, the quantity theory and the mark-up equation [Unpublished draft manuscript].


Notes On Marx And Keynes, Anwar Shaikh Phd Jan 1983

Notes On Marx And Keynes, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes.

• Anwar Shaikh. (1983, January 5). Notes on Marx and Keynes (Unpublished manuscript). Department of Economics, The New School for Social Research, New York, NY.


Microfoundations Of Keynes' Theory Of Competition, Anwar Shaikh Phd Jan 1983

Microfoundations Of Keynes' Theory Of Competition, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A. (1983, November 23). “Microfoundations” of Marx’s theory of competition (Chick, 1983) [Handwritten notes]. Unpublished manuscript.

• Shaikh, A. (1983). Notes on Marx and Keynes; single firm ⇒ “monopolist” [Notes interspersed with handwritten notes]. Unpublished manuscript.

• Shaikh, A. (1983, December 13). Principle of profit-maximizing behavior and optimal level of capacity utilization [Handwritten notes]. Unpublished manuscript.

• Davidson, P. (1962, June). More on the aggregate supply function. The Economic Journal, 72(286), 452–457. Oxford University Press.

• Shaikh, A. (1983, January 25). Consistent plans, rational expectations, and Walras’ law [Typed manuscript with handwritten annotations]. Unpublished …


Money - General, Anwar Shaikh Phd Jan 1983

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 …


Notes On Marx + Keynes, Anwar Shaikh Phd Jan 1983

Notes On Marx + Keynes, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Notes on Marx and Keynes: Discussing Marx’s schemes of reproduction, Keynes and effective demand, and the Keynesian multiplier [Typed notes]. Shaikh, A. (1983, January 5). Unpublished manuscript.