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Do Trading Partners Still Matter for Nigeria's Growth? A Contribution to the Debate on Decoupling and Spillovers

Obiora, Kingsley I. - 2009

these questions for Nigeria in the context of the global crisis. The results seem to debunk the ""decoupling theory"" and … suggest there are still significant spillovers from Nigeria's main trading partners, including the US, with trade and …

Persistent link: https://www.econbiz.de/10012677490

How Much is Enough? Monte Carlo Simulations of an Oil Stabilization Fund for Nigeria.

Bartsch, Ulrich - 2006

Intro -- Contents -- I. AN OIL STABILIZATION FUND FOR NIGERIA -- A. Introduction and Overview -- B. Views in the … Literature -- C. Stabilizing Fiscal Spending -- D. Model Description -- E. Application to Nigeria -- References. …

Persistent link: https://www.econbiz.de/10012690979

Nigeria's eNaira, One Year After

Ree, Jookyung - 2023

This paper reflects on the first year of the eNaira-the first CBDC in Africa. Despite the laudable undisrupted operation for the first full year, the CBDC project has not yet moved beyond the initial wave of limited adoption. Network effects suggest the initial low adoption spell will require a...

Persistent link: https://www.econbiz.de/10015059441

Unintended Consequences : Spillovers from Nigeria's Fuel Pricing Policies to Its Neighbor

Mlachila, Montfort; Ruggiero, Edgardo; Corvino, David - 2016

illustrates the constraints by examining the case of Nigeria, a major oil exporter that subsidizes gasoline, and that of Togo, an … oil importer and neighbor of Nigeria. It finds that the price differential between formal prices in Togo and Nigeria is … the main driver of changes in formal sector gasoline consumption. Specifically, the lower the formal price in Nigeria, the …

Persistent link: https://www.econbiz.de/10014408020

Public Investment as an Engine of Growth

Warner, Andrew M. - International Monetary Fund (IMF) - 2014

This paper looks at the empirical record whether big infrastructure and public capital drives have succeeded in accelerating economic growth in low-income countries. It looks at big long-lasting drives in public capital spending, as these were arguably clear and exogenous policy decisions. On...

Persistent link: https://www.econbiz.de/10010959467

Public Investment, Public Finance, and Growth: The Impact of Distortionary Taxation, Recurrent Costs, and Incomplete Appropriability

Adam, Christopher; Bevan, David - International Monetary Fund (IMF) - 2014

Effective public investment requires governments to address the "recurrent cost problem" to ensure operations and maintenance (O&M) expenditures are sufficient to sustain the flow of productive public capital services to private factors of production. Building on the model of Buffie et al...

Persistent link: https://www.econbiz.de/10010790277

Slowdown in Emerging Markets: Sign of a Bumpy Road Ahead?

Tsounta, Evridiki - International Monetary Fund (IMF) - 2014

Following very strong growth during the period 2000â€“12, emerging market economies (EMEs) experienced a slowdown in the last couple of years. This paper examines the supply-side drivers of the strong growth performance of 63 EMEs and investigates if the recent slowdown in growth is...

Persistent link: https://www.econbiz.de/10011142160

Tax composition and growth : a broad cross-country perspective

Acosta-Ormaechea, Santiago; Yoo, Jiae - 2012

We investigate the relation between changes in tax composition and long-run economic growth using a new dataset covering a broad cross-section of countries with different income levels. We specifically consider 69 countries with at least 20 years of observations on total tax revenue during the...

Persistent link: https://www.econbiz.de/10009659768

Social spending in Korea : can it foster sustainable and inclusive growth?

Elekdaǧ, Selim Ali - 2012

Going forward, Korea faces two closely related challenges: sustaining economic growth against the backdrop of a rapidly aging population and ameliorating income inequality. This paper argues that a gradual increase in social spending could promote more sustainable and inclusive growth in Korea....

Persistent link: https://www.econbiz.de/10009659803

Caribbean growth in an international perspective : the role of tourism and size

Thacker, Nita; Acevedo, Sebastian; Perrelli, Roberto - 2012

After earlier success, growth performance in most Caribbean countries has been disappointing since the early 1990s. With slower growth, output has fallen behind that of relevant comparator countries. This paper analyzes the growth experience of the Caribbean countries from a cross country...

Persistent link: https://www.econbiz.de/10009659894

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