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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
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
We assess quantitatively the effect of exogenous reductions in fertility on output per capita. Our simulation model allows for effects that run through schooling, the size and age structure of the population, capital accumulation, parental time input into child-rearing, and crowding of fixed...
Persistent link: https://www.econbiz.de/10013120983
development quest. The sample includes seven developing countries—Botswana, Ghana, Nigeria, Zambia, India, Vietnam and Brazil —all …
Persistent link: https://www.econbiz.de/10012956929
could fundamentally improve the quality of public institutions and, as a result, transform economics and politics in Nigeria …
Persistent link: https://www.econbiz.de/10013233006
Persistent link: https://www.econbiz.de/10012646682
Frequently referred to as the Giant of Africa, Nigeria is growing slower than its population and large numbers of … people are poor. With gross national income per capita of USD 2,100 (in 2017; Atlas method, WDI), Nigeria is classified as a … 42.8 percent of Nigeria's population was living in extreme poverty in 2016. Poverty has been rising in rural areas and in …
Persistent link: https://www.econbiz.de/10012646904
drivers of growth in Nigeria, and to predict growth rates of gross domestic product per capita for the country under different … natural resource rents are estimated to be particular important ingredients for a prosperous economic development in Nigeria …
Persistent link: https://www.econbiz.de/10012245930
development quest. The sample includes Brazil, India, Vietnam and four African countries-Botswana, Ghana, Nigeria, and Zambia …
Persistent link: https://www.econbiz.de/10012246181
Nigeria is an entrepreneurial economy with an estimated thirty seven million Micro, Small, and Medium-sized Enterprises … expand their operations. To improve access to finance and promote inclusive economic growth, the Central Bank of Nigeria (CBN … supporting the development of a modern credit reporting system in Nigeria. This new financial infrastructure will allow for …
Persistent link: https://www.econbiz.de/10012248256