This paper estimates the cost of disinflation to inclusive growth in Nigeria using quarterly data for the period 1960q1 – 2015q2. Two alternative methodologies are used to estimate the size of the cost of disinflation to inclusive growth in Nigeria. The paper also estimates the effect of...

The communiqué of the meeting of the Monetary Policy Committee provides two separate sets of information to the financial market, each of which can have separate effects on the overall policy outcome. First, it contains information on the policy decision, typically in the form of a change in...

This paper argues that the role of international trade and the institutions that promote the raging process of economic globalization is more likely to be debilitating for developing countries that are not well positioned to benefit from it. It argues that because the globalization process has...

This paper uses the impulse response from an estimated structural autoregressive model of the inflation process to estimate the dynamic exchange rate pass-through to consumer prices for Nigeria, using quarterly data for the period 1986-2010. The results suggest that the exchange rate...

This paper argues that although Vocational and Technical Education (VTE) has the potential to address most of the current Economic and Socio-political challenges that are currently facing Nigeria today, the weak industrial and commercial structure of the Economy depressed the demand for...

This paper presents empirical evidence that the massive foreign aid inflows into Ghana that accompanied the 1983 reforms had some Dutch disease effects. This finding contrasts with some of the startling findings in the recent literature that aid inflows into Ghana, instead of causing real...

This paper critically examines the theoretical and empirical basis of the increasingly popular claim that massive foreign aid increases to the Sub-Saharan African countries are hurting, instead of helping, them. The three basis of this pessimism are, first, that increase in foreign aid can have...

This paper presents empirical evidence that the massive foreign aid inflows into Ghana that accompanied the 1983 reforms had some Dutch disease effects. This finding contrasts with some of the startling findings in the recent literature that aid inflows into Ghana, instead of causing real...

This paper presents empirical evidence that the massive foreign aid inflows into Ghana that accompanied the 1983 reforms had some Dutch disease effects. This finding contrasts with some of the startling findings in the recent literature that aid inflows into Ghana, instead of causing real...