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Author : Charles Raphael Frank
Publisher :
ISBN 13 :
Total Pages : 102 pages
Book Rating : 4.:/5 (773 download)
Download or read book Employment and Economic Growth in Nigeria written by Charles Raphael Frank and published by . This book was released on 1967* with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Volker Treichel
Publisher : World Bank Publications
ISBN 13 : 0821380737
Total Pages : 300 pages
Book Rating : 4.8/5 (213 download)
Download or read book Putting Nigeria to Work written by Volker Treichel and published by World Bank Publications. This book was released on 2010-06-17 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public debate in Nigeria on the country s progress since its return to democracy in 1999 has been dominated by two seemingly opposite themes. The first theme is the strong growth performance of the non-oil economy. This success has been marked by sharp increases in agriculture, trade, and construction and by the emergence of new industries in the financial, telecommunications, and entertainment sectors, supported by sound macroeconomic policies and structural reforms. The second, opposing theme is the seeming failure of Nigeria s much improved economic performance to reduce unemployment, especially among the young. Rising levels of unemployment have increased militancy among the young and impacted negatively on public order. 'Putting Nigeria to Work: A Strategy for Employment and Growth' looks at the ways in which Nigeria s improved economic performance has impacted the labor market. A number of relevant factors are carefully examined and analyzed, including industrial policy and the investment environment, the effects of restrictive trade policies on growth, and the ability of the technical and vocational education system to address the country s skills gap. The book proposes a strategy that will allow Nigeria to increase the availability of quality jobs, reduce rising youth unemployment, and sustain and further accelerate the country s economic performance and growth. At the core of this strategy are targeted interventions aimed at removing binding constraints to growth in sectors of the economy that are already growing fast, but have the potential to grow faster and have significant employment-creating potential.
Author : Olumuyiwa Olamade
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Is Economic Growth Working for Jobs? An Investigation of the Employment Generating Capacity of the Nigerian Economy written by Olumuyiwa Olamade and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria has been best with the incidence of concurrent unemployment and a good run of economic growth thus calling to question the efficacy of economic growth to create jobs in the country. In this paper, we examine first whether there exists any relationship between economic growth and employment in the manner espoused by Okun's law and then interpret the coefficient of the relationship as indicative of the capacity of the economy to translate growth into employment. Due to the unreliability of unemployment data in many developing countries we use the growth rate of employment as the dependent variable and thus expect to find a positive relationship with economic growth. A second model was specified with the growth rate of employment-to-population ratio as the dependent variable. Data were extracted from World Development Indicators and Penn's World Table for 1961 to 2017. All the variables were level stationary from two different tests of their statistical properties. We thus estimate the Ordinary Least Squares for the short-run coefficients and explore the robustness of the ARDL to different orders of integration for the long-run form. Both establish the application of Okun's law to Nigeria with the employment elasticity of GDP growth too small to generate discernible growth in employment. We estimated an average GDP growth of 16.22% over the long-run for the economy to keep a steady growth in employment.
Author : Ogbimi, F.E.
Publisher : Society for Linking Education and Problems
ISBN 13 : 9780411097
Total Pages : 157 pages
Book Rating : 4.7/5 (84 download)
Download or read book Solution to Mass Unemployment in Nigeria written by Ogbimi, F.E. and published by Society for Linking Education and Problems. This book was released on 2015-03-02 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: Solution to Mass Unemployment is the first in the book series, Achieving Rapid Industrialisation and Democratisation in Nigeria. The book and series are products of research aimed at understanding the present global distribution of wealth and power and the human development process. This book has eleven main parts: Introduction; Why there is mass unemployment in Nigeria; Basis for industrialisation; The Wealth creating cycle; Fruits of industrialisation; Theory of learning, employment, automation, productivity and inflation; The nature of the skill acquisition process; Linking education and production; Mobilizing resources for industrialization; Lessons of history; and Concerted efforts needed.
Author : Joe U. Umo
Publisher :
ISBN 13 :
Total Pages : 296 pages
Book Rating : 4.F/5 ( download)
Download or read book Towards Full Employment Strategy in Nigeria written by Joe U. Umo and published by . This book was released on 1996 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Nigerian Economic Society. Annual Conference
Publisher :
ISBN 13 :
Total Pages : 384 pages
Book Rating : 4.F/5 ( download)
Download or read book Employment Generation in Nigeria written by Nigerian Economic Society. Annual Conference and published by . This book was released on 2007 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Charles Raphael Frank
Publisher :
ISBN 13 :
Total Pages : 61 pages
Book Rating : 4.:/5 (259 download)
Download or read book Employment Objectives and Economic Development in Africa written by Charles Raphael Frank and published by . This book was released on 1967 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Erhunse Confidence
Publisher : GRIN Verlag
ISBN 13 : 3346117197
Total Pages : 10 pages
Book Rating : 4.3/5 (461 download)
Download or read book Implication of Big-push theory on Nigerian economic development written by Erhunse Confidence and published by GRIN Verlag. This book was released on 2020-02-19 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2020 in the subject Economics - Economic Cycle and Growth, grade: 4, Chukwuemeka Odumegwu Ojukwu University (Social Sciences), language: English, abstract: This paper examined the implication of Big-Push theory on Nigerian economic development. The theory provided an explanation of how developing countries can industrialize through broad-based investment and coordination. The paper looked at the meaning of Big-Push theory, assumptions and its implication on Nigeria economic development. If the need for a Big Push to survive in an economy that is open to international trade and capital movements, or if openness to trade and capital movements is sufficient to overcome all poverty traps, these questions have daunted development economics since its inception. The theory of the big push asserts that underdeveloped countries require large amounts of investments to come out of the problem of backwardness and launch policies for economic development. The logic behind this theory is that a programme of “bit-by-bit” investment will not have much impact on the process of growth and will only lead to a dissipation of resources. Policies designed to encourage the development of the Nigerian economy will need to be guided by the big-push theory.
Author : Friday Ojeaburu
Publisher :
ISBN 13 :
Total Pages : 13 pages
Book Rating : 4.:/5 (13 download)
Download or read book Employment Opportunities and Economic Growth in Nigeria written by Friday Ojeaburu and published by . This book was released on 2020 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study investigated the employment opportunity and economic growth relationships in Nigeria from 2005 to 2009. The proxy for an employment opportunity is the total employment while proxy for economic growth is gross domestic products. The ex-post facto research design was used since the data were from secondary sources. The study used descriptive statistic and simple regression analysis to analyse the secondary data sourced from the National Bureau of Statistic. The result of our analysis shows there is a significant relationship between total employment and gross domestic product in Nigeria within the period under review. The study concluded by recommending that more employment opportunities be granted to qualify Nigerian to improve the living condition of the citizen and also improving the overall well-being of the Nigeria economy.
Author : Andam, Kwaw S.
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 25 pages
Book Rating : 4./5 ( download)
Download or read book Estimating the economic costs of COVID-19 in Nigeria written by Andam, Kwaw S. and published by Intl Food Policy Res Inst. This book was released on 2020-07-21 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we analyze the economic impacts of the COVID-19 pandemic and the policies adopted to curtail the spread of the disease in Nigeria. We carry out simulations using a multiplier model based on the 2018 Social Accounting Matrix (SAM) for Nigeria, which includes supply-use tables for 284 goods and services. The pandemic’s global reach and impact on the global economy combined with the response policies in Nigeria represent a large, sudden shock to the country’s economy. The SAM multiplier model is well-suited for measuring the short-term direct and indirect results of this type of shock because the SAM represents both the structure of the economy and the interactions among economic actors via commodity and factor markets. Our analysis focuses on the five-week lockdown implemented by the federal government across the Federal Capital Territory of Abuja and Lagos and Ogun states from late March to early May 2020, the federal lockdown for Kano from mid-April, and the state-level lockdowns that were implemented from mid-April for around seven weeks in Akwa Ibom, Borno, Ekiti, Kwara, Osun, Rivers, and Taraba states. We estimate that during the lockdown periods Nigeria’s GDP suffered a 34.1 percent loss due to COVID-19, amounting to USD 16 billion, with two-thirds of the losses coming from the services sector. The agriculture sector, which serves as the primary means of livelihood for most Nigerians, suffered a 13.1 percent loss in output (USD 1.2 billion). Although primary agricultural activities were excluded from the direct restrictions on economic activities imposed in the lockdown zones, the broader agri-food system was affected indirectly because of its linkages with the rest of the economy. We estimate that households lost on average 33 percent of their incomes during the period, with the heaviest losses occurring for rural non-farm and for urban households. The economic impacts of COVID-19 include a 14-percentage point temporary increase in the poverty headcount rate for Nigeria, implying that 27 million additional people fell below the poverty line during lockdown. Lastly, we consider economic recovery scenarios as the COVID-19 policies are being relaxed during the latter part of 2020. Our findings have implications for understanding the direct and indirect impacts of COVID-19, for policy design during the recovery period, and for planning future disease prevention measures while protecting livelihoods and maintaining economic growth.
Author : Emmanuel Igbinoba
Publisher : GRIN Verlag
ISBN 13 : 3656960356
Total Pages : 19 pages
Book Rating : 4.6/5 (569 download)
Download or read book Balance of Payments Constrained Economic Growth in Nigeria written by Emmanuel Igbinoba and published by GRIN Verlag. This book was released on 2015-05-13 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2014 in the subject Business economics - General, , language: English, abstract: This paper assesses the Thirwall's balance of payment(BOP) constrained model by applying it on the Nigerian economy and employing cointegration method to observe the relationship between economic growth and current account balance equilibrium. While extensive research study on economic growth concentrate on the neoclassical supply-oriented approach based on the production function and full employment, Harrod(1939) emphasized that demand generated growth determine long run economic growth and Thirwall developed a Keynesian perspective of the determinants of growth embedded on a dynamic version of the Harrod's foreign trade multiplier. Thirwall pinpoints the incapability of economic agents to increase aggregate demand indefinitely in open economies as justification for income growth differences across nations. The balance of payment constrained growth model states that a country's economic growth rate is constrained by the desire to generate foreign exchange and reiterate the function of demand as the motivation for domestic growth. This arises because growth in export and investment growth in import substitution are the only aspect of aggregate demand that can increase GDP growth and reduce foreign constraints. This implies that growth rate is constrained by the balance of payment as the economy cannot grow faster than what is consistent with the balance of payment equilibrium. The principle of this Keynesian demand side growth theory is that export capability and import attitude establish long run economic growth. Income derived from external trade constitute the principal medium to finance growing import due to a rise in domestic activities. This model differ from the supply induced growth models which evaluate economic growth by using factor inputs such as savings, human and physical capital, population growth and initial per capital GDP on economic growth. Reservations about the traditional growth models stem from the fact that the factor inputs have inconclusive roles in the growth process in developing countries. Also a lot of the neoclassical assumptions have been observed to be unapplicable in developing or transition economies. The balance of payment constrained model infer that economic growth are stimulated by demand factors and the main constraint on demand is the balance of payment.
Author : Ismail Radwan
Publisher : World Bank Publications
ISBN 13 : 0821381970
Total Pages : 192 pages
Book Rating : 4.8/5 (213 download)
Download or read book Knowledge, Productivity, and Innovation in Nigeria written by Ismail Radwan and published by World Bank Publications. This book was released on 2010-03-09 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria has a bold national vision of becoming one of the world s top 20 economies by 2020. However, despite being the 8th most populous country in the world, it ranks 41st in terms of GDP and 161st in terms of GDP per capita. Nigeria has long depended on oil for its exports and government revenues. This dependence has led to rent seeking and a reluctance to examine potential avenues for economic diversification. The authors of 'Knowledge, Productivity, and Innovation in Nigeria' believe that the goal of becoming a top-twenty economy can only be achieved if Nigeria makes the transition to a new economy rooted in the 21st century that harnesses the power of knowledge and avoids a static oil-based growth strategy. Knowledge has always been central to development, but new technologies have made it globally accessible. Countries such as the Republic of South Korea, India, and the United States that have exploited new technologies and know-how have pushed their innovation and productivity frontiers. Countries that have failed to do so risk remaining mired in poverty. In order to achieve Vision 2020, Nigeria must move beyond the stop-start patterns of oil-based development that have characterized it since independence. It must create a stable and prosperous economy based on a critical mass of knowledge workers. Knowledge, Productivity, and Innovation in Nigeria examines how Nigeria can prepare for this century and where its leaders can focus to achieve their vision, presenting the experiences of other countries from which Nigeria can learn.
Author : Aderibigbe Stephen Olomola
Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.:/5 (13 download)
Download or read book Economic Growth, Employment Generation and Poverty Reduction in Nigeria written by Aderibigbe Stephen Olomola and published by . This book was released on 2016 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: The relationship among economic growth, employment and poverty reduction is an organic one such that the evolution of economic growth is intimately tied to the evolution of employment generation and poverty reduction. Imbalances in macro-economic policies and poor implementation could result in unemployment thereby exacerbating inequality and poverty. The methodology of the study is basically a macro level analysis of how economic growth could contribute to poverty reduction through increases in employment in higher productivity sectors/occupations and a rise in wages. It employs intensity of growth as measured by the GDP elasticity of employment. The technique further involves a macroeconomic analysis of the linkage between the incidence of poverty and employment intensity of growth in Nigeria. The study found among other things that poverty has risen since the resumption of growth in Nigeria. Although there seems to be some decline in relative poverty in recent past, the actual number of people in poverty continues to rise considerably. Moreover, the analysis shows that inequality in income distribution is widening and varies between female- and male-headed households. The developments that are found to make a positive contribution to poverty reduction include structural transformation of employment towards manufacturing and other non-farm sectors, education, and lowering of the dependency burden (i.e., increase in labour force participation). Thus, efforts to reduce poverty will have to focus on the informal sector, acknowledging this sector as not a problem for development, but rather as a starting point for achieving development and poverty reduction.
Author : Oluyomi Ola-David
Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (13 download)
Download or read book Smart Economics written by Oluyomi Ola-David and published by . This book was released on 2014 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conventional wisdom has been that rapid economic growth would lead to job creation. However, despite laudable growth rates in past years, Nigeria has experienced a worsening in human development indicators including poverty, inequality and unemployment. Literature shows that economic policies do have an impact on employment, but evidently Nigeria's employment policies have not lent to fill the ever-increasing employment gap. Why has this been the case? Furthermore, why have women tended to fare worse than men on most employment indicators? This paper gives an exposition on Nigeria's jobless growth situation by looking at some economic policy choices that have been embarked on since independence and how they impacted on poverty and employment. It portrays this sequence of events, in addition to drawing attention to various other institutional factors, in order to produce a rich narrative of the labour market scenery in which Nigerian women have to “act”. It applies the concept of smart economics that recognizes that gender equality contributes to greater efficiency, productivity and inclusive growth. Finally, in addition to recommending that labour market policies should continually be aware of the importance of and strengthen the productive capacities of small and medium enterprises, and the informal economy which tend to be drivers of job creation in the economy and for women in particular, it proposes integrating a decent work agenda that promotes full and productive employment, rights at work, social protection and the promotion of social dialogue into future employment policies.
Author : Milton A. Iyoha
Publisher :
ISBN 13 :
Total Pages : 482 pages
Book Rating : 4.F/5 ( download)
Download or read book Nigerian Economy written by Milton A. Iyoha and published by . This book was released on 2002 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Adekunle Wahab
Publisher : LAP Lambert Academic Publishing
ISBN 13 : 9783845474281
Total Pages : 76 pages
Book Rating : 4.4/5 (742 download)
Download or read book Telecommunication, Employment Rate and the Nigerian Economy written by Adekunle Wahab and published by LAP Lambert Academic Publishing. This book was released on 2012-04 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigated the impact the Global System for Mobile Telecommunication (GSM) has made on the provision of employment opportunities; income of the masses and transaction cost of various economic activities of the masses as it affect economic growth. Linear regression analytical techniques were used for data analysis. The study made use of secondary data obtained from researches and statistical analysis. The outcome of the empirical investigations shows that Global System for Mobile Communication has contributed positively to the economic situations of Nigeria and has served as source of income and employment to many Nigerian youths. The study found that Global System for Mobile Telecommunication (GSM) business had reduced production cost of doing business in terms of traveling and transaction cost.
Author : Ekpung Edame
Publisher : Harmony
ISBN 13 :
Total Pages : 312 pages
Book Rating : 4.F/5 ( download)
Download or read book Development Economics and Planning in Nigeria written by Ekpung Edame and published by Harmony. This book was released on 2001 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:
