Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Effect Of Capital Flight On Foreign Investment In Nigeria
Download Effect Of Capital Flight On Foreign Investment In Nigeria full books in PDF, epub, and Kindle. Read online Effect Of Capital Flight On Foreign Investment In Nigeria ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Effect of Capital Flight on Foreign Investment in Nigeria by : Gideon Ezu
Download or read book Effect of Capital Flight on Foreign Investment in Nigeria written by Gideon Ezu and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: The objective of this study is to evaluate the effect of capital flight on foreign investment in Nigeria. The study obtained financial data from Central Bank of Nigeria Statistical Bulletin. The study made use of exploratory survey tools. Secondary data was used for data collection. The empirical method which adopts regression analysis was used to test the stated hypotheses. The findings revealed that the relationship between capital flight and investment is insignificantly negative. High exchange rates do not significantly increase capital flights out of the economy nor reduce Foreign Investment. This shows that Nigerian investment process is not significantly benefiting the RGDP or there is insufficient investment to significantly affect the RGDP. The work recommends that Capital flight management and reactions to capital account restrictions be factored into the management of external reserves position of developing countries. Removal of the exchange rate misalignment and the premium will be a good start to reduce flights of capital out of the economy. The monetary authorities should begin to look seriously into how to reduce the unresolved statistical discrepancies that are posted into the Balance of Payments with a view to finding out what make up such figures and how they came about.
Book Synopsis FDI and Economic Growth by : Adeolu B. Ayanwale
Download or read book FDI and Economic Growth written by Adeolu B. Ayanwale and published by . This book was released on 2007 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis An Econometric Analysis of Capital Flight from Nigeria by : Akanni O. Lawanson
Download or read book An Econometric Analysis of Capital Flight from Nigeria written by Akanni O. Lawanson and published by . This book was released on 2007 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis An Economic Analysis of Capital Flight from Nigeria by : Simeon Ibidayo Ajayi
Download or read book An Economic Analysis of Capital Flight from Nigeria written by Simeon Ibidayo Ajayi and published by World Bank Publications. This book was released on 1992 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Capital Flight. The Hidden Hand in Nigeria's Economic Destruction by : Ugwuja Chinonso Oliver
Download or read book Capital Flight. The Hidden Hand in Nigeria's Economic Destruction written by Ugwuja Chinonso Oliver and published by GRIN Verlag. This book was released on 2019-08-02 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2019 in the subject Economics - International Economic Relations, University of Nigeria, course: ECONOMICS, language: English, abstract: This paper deals with the composition and constituents of capital flights, its implications as well as theoretical expositions and praxis. Virtually, all macroeconomic sage, as well as, most scintillating economists stress that Nigeria's economic somnambulism and financial crunch is consequent upon the following; dwindling of oil price in the international market, undiversified economy, unchecked inflation, high rate of unemployment and a little emphasis on the adverse effect of exchange rate volatility on economic growth, without a clear consideration of how capital flight contributes to the economic mess in Nigeria. Put differently, many scholars have actually exposed how the aforementioned macroeconomic variables are responsible for economic melt-down, but, the backwash of illegal financial exodus (capital flight) on the effeteness of Nigerian economy appears to have been jettisoned. Capital flight, no doubt, had remained conceptually an elusive phenomenon. This is because it seems unclear what differentiates capital flight from normal capital outflows. So, capital flight is one of the terms that suffer from problems of definition and is therefore prone to various interpretations and applications. In fact, so confused is the term that many researchers in international economics, in attempting to give empirical support become guilty of the concept and as a result thrive on barefoot empiricism and outlandish intellectual circumvention.
Book Synopsis Capital Flight from Africa by : Simeon Ibidayo Ajayi
Download or read book Capital Flight from Africa written by Simeon Ibidayo Ajayi and published by Oxford University Press, USA. This book was released on 2015 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive thematic analysis of capital flight from Africa, it covers the role of safe havens, offshore financial centres, and banking secrecy in facilitating illicit financial flows and provides rich insights to policy makers interested in designing strategies to address the problems of capital flight and illicit financial flows.
Book Synopsis Capital Flight and External Debt in Nigeria by : Simeon Ibidayo Ajayi
Download or read book Capital Flight and External Debt in Nigeria written by Simeon Ibidayo Ajayi and published by . This book was released on 1995 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Chander Kant Publisher :International Finance Section Department of Econ Ton Univers ISBN 13 : Total Pages :52 pages Book Rating :4.3/5 (121 download)
Book Synopsis Foreign Direct Investment and Capital Flight by : Chander Kant
Download or read book Foreign Direct Investment and Capital Flight written by Chander Kant and published by International Finance Section Department of Econ Ton Univers. This book was released on 1996 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Foreign Direct Investment. A Panacea to National Economic Development in Nigeria? by : Prince Eze Chidi Nwauba
Download or read book Foreign Direct Investment. A Panacea to National Economic Development in Nigeria? written by Prince Eze Chidi Nwauba and published by GRIN Verlag. This book was released on 2020-08-20 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Doctoral Thesis / Dissertation from the year 2016 in the subject Business economics - Investment and Finance, , course: Public Administration, language: English, abstract: The study examined foreign direct investment (FDI): a panacea to national economic development. The objectives set for the study are; to determine the causes of the Nigerian economic downturn, to ascertain the effects of foreign direct investment, to suggest measures that would be taken to accelerate the economic development of Nigeria. Primary and secondary data were used; the population of the study was 1200 from which the sample sizes of 400 were determined using Taro Yamani’s formula. The research instruments used were questionnaire and oral interview. The reliability of the research instruments was tested using Pearson Product moment correlation coefficient; the result gave a reliability index of 0.98 indicating a high degree of consistency. Chi-square and ANOVA approach were the statistical tools used. The findings from the study reveals that, decline in oil prices and revenue, increase government expenditure and decline in market indices are the challenges posed by economic downturn in Nigeria; consumption-based economy, poor savings, high credit culture and huge financial outflow are the causes of the economic crises in Nigeria; reduction in direct foreign investment and overseas development assistance are the effects of economic crisis to Nigeria and finally, diversification of the economy, robust regulatory policies and professional supervision to aid foreign direct investment in Nigeria. Based on the findings, the researcher made the following recommendation: Nigeria should adopt tough policy measures as effective strategies towards a comprehensive strengthening of the economy, government should ensure that policy recommendations are implemented in order to reposition the Nigerian economy against the impact of future economic downturn, government should create enabling environment to attract foreign investors in order to boost economic activities in the country. Finally, government needs to sincerely focus on developing/strengthening the economy and provide alternative sources of revenue on a sustained basis.
Book Synopsis Capital Flight, Foreign Direct Investment and Natural Resources in Africa by : Léonce Ndikumana
Download or read book Capital Flight, Foreign Direct Investment and Natural Resources in Africa written by Léonce Ndikumana and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides theoretical and empirical insights into the puzzling simultaneous rise in foreign direct investment inflows in Africa and capital flight from the continent over the past decades. Indeed, paradoxically, even as African countries have become more attractive to foreign private capital, they have continued to experience capital exodus in the context of improved economic performance, especially since the turn of the century. This paper explores three questions. First, does foreign direct investment fuel capital flight as has been established in the case of external borrowing? In other words, is there an FDI-fueled capital flight phenomenon akin to debt-fueled capital flight? Second, is natural resource endowment a possible channel for the capital flight-FDI link, given that resource-rich countries tend to be both preferred destinations of FDI and prominent sources of capital flight? Third, does the quality of institutions mitigate the impact of natural resources on capital flight? The paper develops a theoretical model that conceptualizes these linkages and sets the stage for an econometric investigation of these questions. The results from econometric analysis based on a sample of 30 African countries over the period 1970-2015 show that FDI flows are positively related to capital flight, suggesting a possible FDI-fueled capital flight phenomenon. However, there is no evidence for an FDI overhang effect; past stock of FDI has no impact on capital flight. High natural resource rents are associated with high capital flight and the quality of institutions does not mitigate this link. The paper offers some policy insights derived from the empirical results.
Book Synopsis Foreign Capital Flows and External Debt by : Michael I. Obadan
Download or read book Foreign Capital Flows and External Debt written by Michael I. Obadan and published by . This book was released on 2004 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Capital Flight, Investment and Financial Globalisation in Nigeria by : Kehinde Adetiloye
Download or read book Capital Flight, Investment and Financial Globalisation in Nigeria written by Kehinde Adetiloye and published by LAP Lambert Academic Publishing. This book was released on 2012-04 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria is suffering from capital flight which has been a problem to the economy. This is affecting domestic investment especially at this period of financial globalisation. This study examined the relationship between capital flight in Nigeria and investment at this period of financial globalisation with data from 1970 to 2007. The OLS technique is used in determining the significant variables in investment and globalisation while ECM is adopted to determine relationship between investment and capital flight with the variables of exchange rates, investment, Kaopen, financial savings, external reserves and interest rate differential among others. The study finds that the rate of exchange is significant in investment and financial globalisation. The estimates of capital flight do not significantly impact investment. This study also shows role of errors and omissions in distorting the estimates of capital flight in Nigeria. The study recommends further floating of the currency to crowd in investment while investments should be increased by both public and private sectors to induce other domestic investments, which will facilitate further inflow of capital.
Book Synopsis The Effect of Political Instability on Capital Flight and Foreign Direct Investment by :
Download or read book The Effect of Political Instability on Capital Flight and Foreign Direct Investment written by and published by . This book was released on 2011 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper finds that political instabilities discourage capital flight and foreign direct investment inflow in emerging market. However, the magnitude of the political instability is higher in developed market than in emerging market. Besides, the magnitude of political instability on FDI is higher in non- Asian emerging than in Asian emerging markets.
Book Synopsis Public Debt and Economic Growth by : Alfred Greiner
Download or read book Public Debt and Economic Growth written by Alfred Greiner and published by Springer Science & Business Media. This book was released on 2009-07-24 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Starting point of this book is the observation that an increase in public debt must be accompanied by a rise in the primary surplus of the government to guarantee sustainability of public debt. The book first elaborates on that principle from a theoretical point of view and then tests whether empirical evidence for that rule can be found. Additional tests are implemented to gain further evidence on sustainability of public debt. In order to allow for time varying coefficients penalized spline estimations are performed. The theoretical chapters present endogenous growth models and assume that the primary surplus rises as public debt increases so that sustainability of public debt is given. Implications of public deficits and debt are studied assuming full employment and for unemployment. The conclusion summarizes the findings and compares the results of the different models. Finally, policy implications are given showing how governments should deal with high public debt to GDP ratios.
Book Synopsis Measuring Capital Flight by : Benu Schneider
Download or read book Measuring Capital Flight written by Benu Schneider and published by . This book was released on 2003 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Africa's Odious Debts by : Léonce Ndikumana
Download or read book Africa's Odious Debts written by Léonce Ndikumana and published by Bloomsbury Publishing. This book was released on 2011-10-13 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Africa's Odious Debts, Boyce and Ndikumana reveal the shocking fact that, contrary to the popular perception of Africa being a drain on the financial resources of the West, the continent is actually a net creditor to the rest of the world. The extent of capital flight from sub-Saharan Africa is remarkable: more than $700 billion in the past four decades. But Africa's foreign assets remain private and hidden, while its foreign debts are public, owed by the people of Africa through their governments. Léonce Ndikumana and James K. Boyce reveal the intimate links between foreign loans and capital flight. Of the money borrowed by African governments in recent decades, more than half departed in the same year, with a significant portion of it winding up in private accounts at the very banks that provided the loans in the first place. Meanwhile, debt-service payments continue to drain scarce resources from Africa, cutting into funds available for public health and other needs. Controversially, the authors argue that African governments should repudiate these 'odious debts' from which their people derived no benefit, and that the international community should assist in this effort. A vital book for anyone interested in Africa, its future and its relationship with the West.
Book Synopsis International Capital Flows by : Martin Feldstein
Download or read book International Capital Flows written by Martin Feldstein and published by University of Chicago Press. This book was released on 2007-12-01 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent changes in technology, along with the opening up of many regions previously closed to investment, have led to explosive growth in the international movement of capital. Flows from foreign direct investment and debt and equity financing can bring countries substantial gains by augmenting local savings and by improving technology and incentives. Investing companies acquire market access, lower cost inputs, and opportunities for profitable introductions of production methods in the countries where they invest. But, as was underscored recently by the economic and financial crises in several Asian countries, capital flows can also bring risks. Although there is no simple explanation of the currency crisis in Asia, it is clear that fixed exchange rates and chronic deficits increased the likelihood of a breakdown. Similarly, during the 1970s, the United States and other industrial countries loaned OPEC surpluses to borrowers in Latin America. But when the U.S. Federal Reserve raised interest rates to control soaring inflation, the result was a widespread debt moratorium in Latin America as many countries throughout the region struggled to pay the high interest on their foreign loans. International Capital Flows contains recent work by eminent scholars and practitioners on the experience of capital flows to Latin America, Asia, and eastern Europe. These papers discuss the role of banks, equity markets, and foreign direct investment in international capital flows, and the risks that investors and others face with these transactions. By focusing on capital flows' productivity and determinants, and the policy issues they raise, this collection is a valuable resource for economists, policymakers, and financial market participants.
