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pdf.png January 2016 NRSS (Full Paper)

This paper is divided into seven sections. The first section discusses Incumbent Advantage Theory. This is followed by the section on Jonathan’s Campaign Performance. The Administration of the Party was examined in the next section. The Campaign Message was dealt with in the following section. The activities of the Campaign surrogates were examined in terms of the impact. Jonathan’s delivery on previous campaign promises was dealt with in the next section followed by the Conclusion.



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2016-06-24
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pptx.png January 2016 NRSS (Slide Show)



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2016-06-24
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pdf.png May 2016 NRSS (Full Paper)

Economic growth in Nigeria has taken an upward trend in the last one decade. However, the growth has been regarded as non-inclusive given the rising unemployment, increasing poverty incidence and income inequality. Although monetary policy has a role to play in fostering inclusive growth, it has had a limited sphere of influence on the Nigerian economy due to its weak productive structure.

In addition, monetary policy has managed inflation solely as a demand-pull phenomenon when in reality cost-push factors have activated it through the supply-side of the economy by increasing the cost of production. Increased monetary policy rate is transmitted into the bank lending rate which, in turn, is passed to the cost of production. These costs are then passed onto the consumers in the form of higher product prices. The impact was found to be quite significant given the heavy reliance of the producers on financial resources and services as input in the production process with implications for the general price level.

Consequently, monetary policy must be proactive to ensure inclusive growth by re-allocating resources from one sector to another, or from one industry to another without increasing the cost of production especially the cost of credit.



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2016-06-26
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pptx.png May 2016 NRSS (Slide Show)

Economic growth in Nigeria has taken an upward trend in the last one decade. However, the growth has been regarded as non-inclusive given the rising unemployment, increasing poverty incidence and income inequality. Although monetary policy has a role to play in fostering inclusive growth, it has had a limited sphere of influence on the Nigerian economy due to its weak productive structure.

In addition, monetary policy has managed inflation solely as a demand-pull phenomenon when in reality cost-push factors have activated it through the supply-side of the economy by increasing the cost of production. Increased monetary policy rate is transmitted into the bank lending rate which, in turn, is passed to the cost of production. These costs are then passed onto the consumers in the form of higher product prices. The impact was found to be quite significant given the heavy reliance of the producers on financial resources and services as input in the production process with implications for the general price level.

Consequently, monetary policy must be proactive to ensure inclusive growth by re-allocating resources from one sector to another, or from one industry to another without increasing the cost of production especially the cost of credit.



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2016-06-26
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pdf.png June 2016 NRSS (Full Paper)

Abstract

Economic growth in Nigeria has taken an upward trend in the last one decade. However, the growth has been regarded as non-inclusive given the rising unemployment, increasing poverty incidence and income inequality. Although monetary policy has a role to play in fostering inclusive growth, it has had a limited sphere of influence on the Nigerian economy due to its weak productive structure.

In addition, monetary policy has managed inflation solely as a demand-pull phenomenon when in reality cost-push factors have activated it through the supply-side of the economy by increasing the cost of production. Increased monetary policy rate is transmitted into the bank lending rate which, in turn, is passed to the cost of production. These costs are then passed onto the consumers in the form of higher product prices. The impact was found to be quite significant given the heavy reliance of the producers on financial resources and services as input in the production process with implications for the general price level.

Consequently, monetary policy must be proactive to ensure inclusive growth by re-allocating resources from one sector to another, or from one industry to another without increasing the cost of production especially the cost of credit.

 

Keywords:      Monetary policy, Price level, Growth, Employment, Interest Rate, Nigeria.

JEL Classification: E50, O40.



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2016-07-12
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pptx.png June 2016 NRSS (Slide Show)



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2016-07-12
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