Showing 1 - 9 of 9
This study analyses the COVID-19 situation in Africa and discuss the socioeconomic impact, policy response and opportunities. The COVID-19 (coronavirus) pandemic which has affected the global economy has also affected the African economy through spillovers to African countries. Many African...
Persistent link: https://www.econbiz.de/10012837144
This paper analyses the COVID-19 situation in Nigeria, its effect on the economy and the structural causes that worsen the coronavirus (COVID-19) crisis. The findings reveal that the economic downturn in Nigeria was triggered by a combination of declining oil price and spillovers from the...
Persistent link: https://www.econbiz.de/10012837990
How did a health crisis translate to an economic crisis? Why did the spread of the coronavirus bring the global economy to its knees? The answer lies in two methods by which coronavirus stifled economic activities. First, the spread of the virus encouraged social distancing which led to the...
Persistent link: https://www.econbiz.de/10012838535
This paper is a survey of the most important research in the economic policy uncertainty literature. Economic policy uncertainty, although still under-researched relative to mainstream topics in economics and finance, has recently received increased scholarly attention. Through synthesizing...
Persistent link: https://www.econbiz.de/10013226016
This paper explores the global economic consequence of the Russian-Ukraine war in the month of invasion. Russia invaded Ukraine on the 24th of February 2022. As a result of the Russia-Ukraine war, multiple international sanctions were imposed on Russia to compel Russia to de-escalate the crisis....
Persistent link: https://www.econbiz.de/10013292110
Managers are concerned about how the macroeconomic environment affects business profit. Focusing on banks, this study investigates the effect of economic policy uncertainty (EPU) on bank profitability in 22 advanced countries. The measures of bank profitability are net interest margin,...
Persistent link: https://www.econbiz.de/10014239637
The study investigates the impact of monetary policy on the level of financial inclusion in the big-five emerging market countries from 2004 to 2020. Several indicators of financial inclusion and the central bank interest rate were used in the analysis. It was found that the monetary policy rate...
Persistent link: https://www.econbiz.de/10014349818
Central bank digital currency is non-physical money or the digital equivalent of physical money issued by a central bank. Nigeria is the first African country to issue a central bank digital currency, popularly known as the eNaira. This paper highlights the redesign features which the eNaira...
Persistent link: https://www.econbiz.de/10014254967
We investigate the effect of abnormal increase in credit supply on economic growth in Nigeria after controlling for the quality of the legal system, size of central bank asset, banking sector cost efficiency and bank insolvency risk. The abnormal increase in credit supply has a significant...
Persistent link: https://www.econbiz.de/10014258285