Socio Economic Impact of Unemployment in Nigeria

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Publisher :
ISBN 13 :
Total Pages : 19 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Socio Economic Impact of Unemployment in Nigeria by : Obianuju Chiekezie

Download or read book Socio Economic Impact of Unemployment in Nigeria written by Obianuju Chiekezie and published by . This book was released on 2015 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study is an empirical work that focused on the social economic impact of unemployment in Nigeria. The purpose of the study was to investigate the effect of unemployment on socio-economic development of the country with particular attention to poverty situation and Gross Domestic Product (GDP). Data for the study was generated using secondary sources. Analysis of the data was done with the aid of time series data and Ordinary Least Square (OLS). The analysis revealed that there is functional relationship between unemployment and socio-economic development, with reference to poverty and GDP. In view of the findings of the study, the study concludes that if unemployment problem is not tackled in Nigeria, then the total output generated in the country will continue to fall below its potential level. This implies loss on the entire nation and consequently socio-economic retardation. Based on the conclusion, major policy recommendations were proffered. In addition to improved educational system, provision of necessary infrastructure and enabling environment, Government should encourage and embark on Small and Medium Enterprises (SMEs) development, improve educational system, provide necessary infrastructure and other vital enabling environmental factors.

Socio-economic Impact of Unemployment

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Publisher :
ISBN 13 :
Total Pages : 156 pages
Book Rating : 4.:/5 (528 download)

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Book Synopsis Socio-economic Impact of Unemployment by : M. I. Mafiri

Download or read book Socio-economic Impact of Unemployment written by M. I. Mafiri and published by . This book was released on 2002 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Rising Youth Unemployment and Its Social Economic Implications for the Growth and Development of the Nigerian Economy

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Rising Youth Unemployment and Its Social Economic Implications for the Growth and Development of the Nigerian Economy by : Chris Ehinomen

Download or read book Rising Youth Unemployment and Its Social Economic Implications for the Growth and Development of the Nigerian Economy written by Chris Ehinomen and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study examines the socio-economic implications of the rising youth unemployment for the growth and development of the Nigerian economy. This has become imperative due to the seemingly unsolvable rising youth unemployment with the attendant rising criminal activities in Nigeria. The problem of violent crimes in Nigeria has been exacerbated by the high rate of unemployment, reckless impunities being perpetuated by those in position of leadership, wide-gap in the socio-economic inequality and economic hardship which has pushed many jobless youths, most of whom are graduates, into various deadly crimes such as murder, drug peddling, armed robbery, kidnapping, prostitution, raping and terrorism plaguing Nigeria in this 2014. Consequently, the endemic systematic corruption, epileptic electricity supply, deepening insecurity, especially the proliferation and increasing radicalization of non-state armed groups such as Boko Haram, rising unemployment and high poverty level, kidnapping, leadership question and the deplorable state of infrastructures, inability of several poverty reduction programmes to address the high and debilitating poverty levels in the nation among others, necessitated this paper. A historical analysis technique was adopted. Deprivation Theory of Ted Gurr was used to explain why and what makes youths to engage in violent crimes against the state and the society. It has been observed that currently, terrorism has taken the centre stage resulting in horrible bloodshed, destruction of property leading to increasing internally displaced persons (IDPs) and refugee's camps with their attendant serious economic and socio-political set-backs. The causes are not farfetched as studies have associated rising youth unemployment and extreme religious fanaticism to increase of violent crime in Nigeria. In summary, the study concluded that if factors that create the feelings of deprivation, repression and frustration (with emphasis on unemployment and extreme religious fanaticism) are addressed, youths will not engage in violent crimes against the society as they say 'an idle mind is the devils workshop.' The study consequently, recommends among others things, that Nigeria being a multi-ethnic, multi-religious, and multi-cultural society; and a mono-economy, depending on oil for over 90% of her foreign exchange earnings, requires sound leadership that places importance on spatial development, courageous, selfless, not corrupt, committed, determined, and persistent to be able to have a heartfelt realization of the objectives of its development plans, and diversify the productive base of the Nigerian economy.

Unemployment and Its Effects on Economy. A Case Study

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Publisher :
ISBN 13 : 9783346154989
Total Pages : 26 pages
Book Rating : 4.1/5 (549 download)

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Book Synopsis Unemployment and Its Effects on Economy. A Case Study by : Kayode Bankole

Download or read book Unemployment and Its Effects on Economy. A Case Study written by Kayode Bankole and published by . This book was released on 2020-04-28 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (postgraduate) from the year 2020 in the subject Economy - Environment economics, University of Ibadan (Economics), course: Accounting, language: English, abstract: This study was carried out to examine the causes of unemployment in Nigeria and its effects on the economy of the country. Data were sourced from the Central Bank of Nigeria, Statistical Bulletin (2017), National Bureau of Statistics (NBS), Internet, CIA site, Index Mundi and past studies. The study covered period of 18 years, 1999 to 2017. EViews version 7 was used to analyze the data gathered, while Ordinary Least Squares (OLS) method was adopted. This study discovered that the unemployment in Nigeria is the major contribution to the poverty level in the country. Money supply and credit to private sector were recognized to have significant effect on unemployment level in the economy. It is also discovered that gross domestic product and unemployment rate in Nigeria has positive relationship which is an indication that growth in GDP does not amount to overall development in Nigeria. This study recommends that government should make credit available to private sector, increase money in circulation and try to reduce external debt which drain away the wealth of the nation through interest payments to reduce poverty rate in Nigeria.

Revisiting the Trade and Unemployment Nexus

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (116 download)

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Book Synopsis Revisiting the Trade and Unemployment Nexus by : Stephen T. Onifade

Download or read book Revisiting the Trade and Unemployment Nexus written by Stephen T. Onifade and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent exacerbation of unemployment crisis in Nigeria stands to be a serious threat to both socio-economic stability and progress of the country just as the report from the nation's bureau of statistics shows that at least over 8.5 million people had no gainful employment at all as at the last quarter of the year 2017. It is on the above premise, that the present study explores the link between trade and unemployment for the case of Nigeria with the intention of exploring how the unemployment crisis has been impacted within the dynamics of the country's trade performance. The empirical evidence shows that the nation's terms of trade were insignificant to unemployment rate while trade openness and domestic investment, on the other hand, have significant opposing impacts on unemployment in Nigeria over the period of the study. Further breakdowns from the empirical analysis also revealed that the Philips curves proposition is valid within the Nigerian economic context while the evidences for the validity of Okun's law only exist in the short-run scenario. Based on the empirical results, we recommend that concerted effort should be geared toward stimulating domestic investment by providing adequate financial and infrastructural facilities that will promote ease of doing business while utmost precautions are taken to ensure that unemployment crisis is not exacerbated when combating inflation in the economy in the wake of dynamic trade relations.

Socio-Economic Effects of Boko Haram Operations in Nigeria

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Publisher :
ISBN 13 : 9783346238924
Total Pages : 156 pages
Book Rating : 4.2/5 (389 download)

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Book Synopsis Socio-Economic Effects of Boko Haram Operations in Nigeria by : Bright Ndimele

Download or read book Socio-Economic Effects of Boko Haram Operations in Nigeria written by Bright Ndimele and published by . This book was released on 2020-08 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2018 in the subject Politics - International Politics - Region: Africa, grade: 4.7/5, University of Ibadan, language: English, abstract: The Nigerian State since 2009 has been under the throes of the deadly terrorist operations of the Islamic sect formally known as JamaatuAhlis Sunna Liddaawati Wal-Jihad. This sect famously dubbed Boko Haram, meaning western civilization/education is forbidden, claims to be on a mission to Islamize the Nigerian State. Prima facie, Boko Harams motivations appeared to be religious; however considering factors as dismal socio-economic conditions that prevail in the Northern region, the epicenter of the sect, a religious explanation alone is reductive. More so, relevant and related literature was reviewed using conceptual and theoretical approaches. A threefold theoretical framework constituting of Marxian, Relative deprivation, and Frustration aggression respectively were adopted to explain the phenomenon. Unlike other authors who have hinged the operations of the sect to a kind of political undertone; this study deems fit to establish the poor socio economic conditions especially in the North eastern region which have been serving as a veritable ground for the sect quest to gradually dethrone the legitimacy of the Nigerian State. This study also exposes the extent of the damage further caused by the sect violent operations as well as the suitability of the "carrot and stick" strategies or policies in dealing with the sect negative impact. Hence, this study employs secondary source of data from library materials, newspapers, journals, articles and so on. The findings revealed that the strategies of Nigerian government failed because she failed to address adequately the socio-economic factors that equipped the sect such as unemployment, poverty, corruption/bad leadership, poor economy structure. The research further exposed that the strategy used in curtailing militancy in the Niger Delta region of Nig

Urbanization and Its Impact on Socio-Economic Growth in Developing Regions

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Publisher : IGI Global
ISBN 13 : 1522526609
Total Pages : 430 pages
Book Rating : 4.5/5 (225 download)

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Book Synopsis Urbanization and Its Impact on Socio-Economic Growth in Developing Regions by : Benna, Umar

Download or read book Urbanization and Its Impact on Socio-Economic Growth in Developing Regions written by Benna, Umar and published by IGI Global. This book was released on 2017-06-19 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: The social and economic systems of any country are influenced by a range of factors. As the global population grows in developing nations, it has become essential to examine the effects of urbanization. Urbanization and Its Impact on Socio-Economic Growth in Developing Regions is a pivotal reference source for the latest research findings on the role of urban growth on the socio-economic infrastructures in developing regions. Featuring extensive coverage on relevant areas such as job creation, sustainability, and transportation planning, this publication is an ideal resource for city development planners, decision-makers, researchers, academics, and students interested in emerging perspectives on socio-economic development.

World Development Indicators 2015

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Publisher : World Bank Publications
ISBN 13 : 1464804419
Total Pages : 171 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis World Development Indicators 2015 by : World Bank

Download or read book World Development Indicators 2015 written by World Bank and published by World Bank Publications. This book was released on 2015-04-10 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Development Indicators 2015 World Development Indicators 2015 provides a compilation of relevant, highquality, and internationally comparable statistics about global development and the fight against poverty. It is intended to help policymakers, students, analysts, professors, program managers, and citizens find and use data related to all aspects of development, including those that help monitor progress toward the World Bank Group’s two goals of ending poverty and promoting shared prosperity. Six themes are used to organize indicators—world view, people, environment, economy, states and markets, and global links. As in past editions, World Development Indicators reviews global progress toward the Millennium Development Goals (MDGs) and provides key indicators related to poverty. WDI 2015 includes: * A selection of the most popular indicators across 214 economies and 14 country groups organized into six WDI themes * Thematic and regional highlights, providing an overview of global development trends * An in-depth review of the progress made toward achieving the Millennium Development Goals * A user guide describing resources available online and on mobile apps A complementary online data analysis tool is available this year to allow readers to further investigate global, regional, and country progress on the MDGs: data.worldbank.org/mdgs. Each of the remaining sections includes an introduction; six stories highlighting specific global, regional or country trends; and a table of the most relevant and popular indicators for that theme, together with a discussion of indicator compilation methodology. WDI DataFinder Mobile App Download the WDI DataFinder Mobile App and other Data Apps at data.worldbank.org/apps. WDI DataFinder is a mobile app for browsing the current WDI database on smartphones and tablets, using iOS, Android, and Blackberry, available in four languages: English, French, Spanish, and Chinese. Use the app to: * browse data using the structure of the WDI * visually compare countries and indicators * create, edit, and save customized tables, charts, and maps * share what you create on Twitter, Facebook, and via email

The Population of Modern China

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Publisher : Springer Science & Business Media
ISBN 13 : 1489912312
Total Pages : 750 pages
Book Rating : 4.4/5 (899 download)

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Book Synopsis The Population of Modern China by : Dudley L. Poston Jr.

Download or read book The Population of Modern China written by Dudley L. Poston Jr. and published by Springer Science & Business Media. This book was released on 2013-11-11 with total page 750 pages. Available in PDF, EPUB and Kindle. Book excerpt: Student~ interested in world populations and demography inevitably need to know China. As the most populous country of the world, China occupies a unique position in the world population system. How its population is shaped by the intricate interplays among factors such as its political ideology and institutions, economic reality, government policies, sociocultural traditions, and ethnic divergence represents at once a fascinating and challenging arena for investigatIon and analysis. Yet, for much of the 20th century, while population studies have developed into a mature science, precise information and sophisticated analysis about the Chinese population had largely remained either lacking or inaccessible, first because of the absence of systematic databases due to almost uninterrupted strife and wars, and later because the society was closed to the outside observers for about three decades since 1949. Since the end of the Cultural Revolution, things have dramatically changed. China has embarked on an ambitious reform program where modernization became the utmost goal of societal mobilization. China could no longer afford to rely on imprecise census or survey information for population-related studies and policy planning, nor to remaining closed to the outside world. Both the gathering of more precise information and access to such information have dramatically increased in the 1980s. Systematic observations, analyses and reporting about the Chinese population have surfaced in the population literature around the globe.

Global Employment Trends

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Publisher : International Labour Organization
ISBN 13 : 9221133605
Total Pages : 128 pages
Book Rating : 4.2/5 (211 download)

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Book Synopsis Global Employment Trends by : Claire Harasty

Download or read book Global Employment Trends written by Claire Harasty and published by International Labour Organization. This book was released on 2003 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Incorporating the most recent data available for 2002, this report analyses current labour market trends and examines the impact of the global economic downturn and post 11 September developments upon different world regions. Covering Latin America and the Caribbean, East Asia, South East Asia, the Middle East and North Africa and sub-Saharan Africa, the transition economies and industrial countries, it focuses on the distinct labour market characteristics and challenges faced by each region and economic group. It also traces factors contributing to the global employment decline, such as the increase in informal sector employment, the decrease in employment in information and communication technology, as well as extensive jobs losses in the travel and tourism industries and the export and labour-intensive manufacturing sectors.

China's One-Child Family Policy

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Publisher : Springer
ISBN 13 : 1349179000
Total Pages : 254 pages
Book Rating : 4.3/5 (491 download)

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Book Synopsis China's One-Child Family Policy by : E. Croll

Download or read book China's One-Child Family Policy written by E. Croll and published by Springer. This book was released on 1985-07-22 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Penguin Dictionary of Economics

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Publisher : Penguin Group
ISBN 13 : 9780140513769
Total Pages : 452 pages
Book Rating : 4.5/5 (137 download)

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Book Synopsis The Penguin Dictionary of Economics by : Graham Bannock

Download or read book The Penguin Dictionary of Economics written by Graham Bannock and published by Penguin Group. This book was released on 1998 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contains alphabetically arranged entries that provide definitions and descriptions of terms related to economics, and includes information about individual economists who have made significant contributions to contemporary economic thought.

Global Youth Unemployment

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Publisher : Edward Elgar Publishing
ISBN 13 : 1789900425
Total Pages : 296 pages
Book Rating : 4.7/5 (899 download)

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Book Synopsis Global Youth Unemployment by : Ross Fergusson

Download or read book Global Youth Unemployment written by Ross Fergusson and published by Edward Elgar Publishing. This book was released on 2021-04-30 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book introduces a fresh perspective on youth unemployment by analysing it as a global phenomenon. Ross Fergusson and Nicola Yeates argue that only by incorporating analysis of the dynamics of the global economy and global governance can we make convincing, comprehensive sense of these developments. The authors present substantial new evidence spanning a century pointing to the strong relationships between youth unemployment, globalisation, economic crises and consequent harms to young people’s social and economic welfare worldwide. The book notably encompasses data and analysis spanning the Global South as well as the Global North.

World of Work Report 2013

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Publisher : International Labour Organisation
ISBN 13 : 9789292510176
Total Pages : 70 pages
Book Rating : 4.5/5 (11 download)

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Book Synopsis World of Work Report 2013 by : International Labor Office

Download or read book World of Work Report 2013 written by International Labor Office and published by International Labour Organisation. This book was released on 2014-01-30 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: The World of Work Report 2013 provides analyses the global employment situation five years after the start of the global financial crisis. It looks at labour market performance and projections both at the global and regional levels

High and Rising Mortality Rates Among Working-Age Adults

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Publisher :
ISBN 13 : 9780309684736
Total Pages : pages
Book Rating : 4.6/5 (847 download)

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Book Synopsis High and Rising Mortality Rates Among Working-Age Adults by : National Academies of Sciences Engineering and Medicine

Download or read book High and Rising Mortality Rates Among Working-Age Adults written by National Academies of Sciences Engineering and Medicine and published by . This book was released on 2021-12-02 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Macroeconomic Impact of Social Unrest

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Publisher : International Monetary Fund
ISBN 13 : 1513582577
Total Pages : 31 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis The Macroeconomic Impact of Social Unrest by : Metodij Hadzi-Vaskov

Download or read book The Macroeconomic Impact of Social Unrest written by Metodij Hadzi-Vaskov and published by International Monetary Fund. This book was released on 2021-05-07 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the macroeconomic impact of social unrest, using a novel index based on news reports. The findings are threefold. First, unrest has an adverse effect on economic activity, with GDP remaining on average 0.2 percentage points below the pre-shock baseline six quarters after a one-standard deviation increase in the unrest index. This is driven by sharp contractions in manufacturing and services (sectoral dimension), and consumption (demand dimension). Second, unrest lowers confidence and raises uncertainty; however, its adverse effect on GDP can be mitigated by strong institutions and by a country’s policy space. Third, an unrest “event”, which is captured by a large change in the unrest index, is associated with a 1 percentage point reduction in GDP six quarters after the event. Impacts differ by type of event: episodes motivated by socio-economic reasons result in sharper GDP contractions compared to those associated with politics/elections, and events triggered by a combination of both factors lead to sharpest contractions. Results are not driven by countries with adverse growth trajectories prior to unrest events or by fiscal consolidations, and are robust to instrumenting via regional unrest.

Fiscal Policy and Income Inequality

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Publisher : International Monetary Fund
ISBN 13 : 1498343678
Total Pages : 69 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Fiscal Policy and Income Inequality by : International Monetary Fund

Download or read book Fiscal Policy and Income Inequality written by International Monetary Fund and published by International Monetary Fund. This book was released on 2014-07-03 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL