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using cointegration approach, unobserved component model and structural vector autoregression (SVAR). The paper uses these …
Persistent link: https://www.econbiz.de/10014073319
The economic events of 2016 taught us a lot of hard lessons about Nigeria's interface with the global economy, and the … the outlook.Weak commodity prices brought Nigeria's growth to a very abrupt end and inflicted heavy bouts of devaluation …-subscription of Nigeria's Euro-bond issue has now revealed to be an option.Nigeria needs to look beyond exports as a source of …
Persistent link: https://www.econbiz.de/10012960365
Nigeria's economic situation in 2016 is fast degenerating into early eighties-like doomsday situation in which oil … economy that had been burdened by a debt crisis then is now awash with liquidity. It should therefore be easy for Nigeria to … oil price. The new government in Nigeria will have to do three things: (i.) Break the government monopoly that shuts …
Persistent link: https://www.econbiz.de/10012986334
further widen this divergence between global economic and financial paths. In this paper, we lay out what Nigeria could do to … taking the measures we suggest, Nigeria (and indeed Africa) could finally reduce its reliance on exports for the external … positive economic narrative: a. Economic Expansion- Nigeria’s economy climbed from 52nd to 22nd in the world. b. Financial …
Persistent link: https://www.econbiz.de/10013251622
We lay out what Nigeria c ... …
Persistent link: https://www.econbiz.de/10012847737
The Swiss franc is known to appreciate strongly during financial market turmoil, demonstrating its status as a typical safe haven currency. One possible mechanism behind this appreciation during times of global turmoil is assumed to be higher capital inflows to Switzerland. This paper attempts...
Persistent link: https://www.econbiz.de/10011629988
The Swiss franc is known to appreciate strongly during financial market turmoil, demonstrating its status as a typical safe haven currency. One possible mechanism behind this appreciation during times of global turmoil is assumed to be higher capital inflows to Switzerland. This paper attempts...
Persistent link: https://www.econbiz.de/10011933361
A number of East Asian and Latin American countries have beeen the recipients of a large portion of total international capital flows to developing countries, both in the late seventies/early eighties and in the early nineties. These inflows have financed persistent current account imbalances,...
Persistent link: https://www.econbiz.de/10005675429
We examine the relationship between the South African Rand and the gold price volatility using monthly data for the period 1979–2010. Our main finding is that prior to capital account liberalization the causality runs from the South African Rand to the gold price volatility but the causality...
Persistent link: https://www.econbiz.de/10010785356
The Republic of Korea has recently experienced: (i) large capital inflows, in particular a surge in portfolio inflows, and (ii) an appreciation of asset prices, including stock prices, land prices, and nominal and real exchange rates. We first document the recent trend in capital inflows and...
Persistent link: https://www.econbiz.de/10003645220