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An Alternative Explanation for the Resource Curse; The Income Effect Channel
Alichi, Ali; Arezki, Rabah - International Monetary Fund (IMF) - 2009
The paper provides an alternative explanation for the "resource curse" based on the income effect resulting from high government current spending in resource rich economies. Using a simple life cycle framework, we show that private investment in the non-resource sector is adversely affected if...
Persistent link: https://www.econbiz.de/10008528647
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The Elusive Gains From International Financial Integration
Gourinchas, Pierre-Olivier; Jeanne, Olivier - International Monetary Fund (IMF) - 2004
Standard theoretical arguments tell us that countries with relatively little capital benefit from financial integration as foreign capital flows in and speeds up the process of income convergence. We show in a calibrated neoclassical model that conventionally measured welfare gains from this...
Persistent link: https://www.econbiz.de/10005605034
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Relevance of Wagner's hypothesis in achieving sustainable development agenda in Nigeria
Oseni, Isiaq O.; Adekunle, Ibrahim A. - 2020
outcomes a mirage in Nigeria. Recent economic crisis prompted the debate on how increased government spending induces … sustainable economic growth in Nigeria. This paper examines the validity or otherwise of Wagner's theory in Nigeria for the … Development Goals in Nigeria. This paper recommended that the government should exhaust all possible options to increase …
Persistent link: https://www.econbiz.de/10012165290
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Structural Change, Fundamentals and Growth : A Framework and Case Studies
McMillan, Margaret - 2017
development quest. The sample includes seven developing countries—Botswana, Ghana, Nigeria, Zambia, India, Vietnam and Brazil —all …
Persistent link: https://www.econbiz.de/10012956929
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Nigeria Economic Update, Fall 2019 : Jumpstarting Inclusive Growth - Unlocking the Productive Potential of Nigeria's People and Resource Endowments
World Bank Group - 2019
Nigeria continues its rec ... …
Persistent link: https://www.econbiz.de/10012646682
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Structural Change, Fundamentals, and Growth : A Framework and Case Studies
Mc Millan, Margaret - 2017
development quest. The sample includes Brazil, India, Vietnam and four African countries-Botswana, Ghana, Nigeria, and Zambia …
Persistent link: https://www.econbiz.de/10012246181
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The emergence of inclusive growth : issues, challenges and policy options for Nigeria
Eregha, Perekunah B.; Mesagan, Ekundayo P. - 2019
This study analysed the issues involved in inclusive growth as well as the challenges faced by Nigeria. Issues like … institutions were identified. With regards to Nigeria, it was observed that the country is still far away from realistically being …
Persistent link: https://www.econbiz.de/10012107783
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A gender analysis of the impact of human capital development on economic growth in Nigeria
Happinessobi, Chibuzor - 2023
This study analysed the impact of education human capital development on economic growth in Nigeria from 1980 to 2020 … aimed to assess the relationship between education human capital and economic growth in Nigeria. The data, obtained from the … human capital development, as measured by secondary school enrolment, and economic growth in Nigeria. Therefore, the study …
Persistent link: https://www.econbiz.de/10014314641
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Surges
Qureshi, Mahvash Saeed; Ghosh, Atish R.; Zalduendo, Juan; … - International Monetary Fund (IMF) - 2012
This paper examines why surges in capital flows to emerging market economies (EMEs) occur, and what determines the allocation of capital across countries during such surge episodes. We use two different methodologies to identify surges in EMEs over 1980-2009, differentiating between those mainly...
Persistent link: https://www.econbiz.de/10009650614
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Law, economic growth and human development : evidence from Africa
Asongu, Simplice A. - 2011
This paper cuts adrift the mainstream approach to the legal-origins debate on the law-growth nexus by integrating both overall economic and human components in our understanding of how regulation quality and the rule of law lie at the heart of economic and inequality adjusted human developments....
Persistent link: https://www.econbiz.de/10011410406