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How do debt repayment and structural adjustment terms hamper economic development?
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The impact of financial institution in Nigeria economy?
The significance of the financial system to economic development is not quite clear-cut. Some researchers such as Hicks (1969) are of the opinion that the financial system plays a crucial role in the mobilization of capital for industrialization. On the other hand, there are those, who hold a contrary view. In the 1980s, several African governments embarked on structural adjustments programs in order to correct the disruptions in their economies. As Geo-Jaja and Mangum (2001) note, structural adjustment programs seldom delivered on their intended objectives. However, the relationship between financial development and economic growth during post-SAP period is examined using the Spearman rank correlation. The expected outcome of the structural adjustment program in Nigeria was marred by policy reversals of government. This is a possible reason for the poor performance of the financial sector of the economy. Therefore, financial development and economic growth have no consistent relationship in post-SAP Nigeria.
What is the law of economic utility reaction?
Economic utility reaction; this is the degree of economic responsiveness resulting from exploiting a given quantity and quality of production and consumption of a given society for its economic end at a given period of time.The law of economic utility reaction,according to sserubogo;it states that,the degree of economic responsiveness that result from exploiting a given level of national production and consumption towards a given economic end is directly proportional to the level of economic structural adjustment force produced by a given quality and quantity of economic ignition,economic coordination and economic regulation towards that end.Such that, any percentage change in the level of economic ignition, coordination and regulation towards a given economic end, results into a corresponding percentage change in the level of economic structural adjustment force towards that economic end upon which the degree of economic responsiveness towards that economic end depends.
Is economic growth necessary for economic development?
Economic growth is necessary for economic development but not a sufficient proof of economic development. The improvement of people's living condition is a greater assessment of economic development.
What are the nature of Economic development?
nature of economic development
What are the distinctions between economic growth and economic development?
Economic growth is the growth of people which causes economic development, the growth/development of cities/towns. (i.e. businesses and buildings)
What has the author George Abonyi written?
George Abonyi has written: 'Development and technology' -- subject(s): Economic development, Technological innovations 'Toward a political economy approach to policy-based lending' -- subject(s): Economic assistance, Economic policy, Structural adjustment (Economic policy) 'Global change and economic restructuring in Southeast Asia' -- subject(s): Foreign economic relations, Structural adjustment (Economic policy)
What has the author Charles Harvey written?
Charles Harvey has written: 'Constraints on the successof structural adjustment programmes in Africa' -- subject(s): Case studies, Economic conditions, Structural adjustment (Economic policy) 'Analysis of project finance in developing countries' -- subject(s): Economic development projects, Finance 'Policy choice and development performance in Botswana' -- subject(s): Economic conditions, Economic policy
What has the author S Subramanian written?
S. Subramanian has written: 'Structural adjustment and agriculture' -- subject(s): Agriculture and state, Structural adjustment (Economic policy)
What has the author Mohamed A Faris written?
Mohamed A. Faris has written: 'Structural adjustment policies and changes in the agricultural research system in Egypt' -- subject(s): Agriculture, Economic aspects, Economic aspects of Agriculture, Research, Structural adjustment (Economic policy)
What has the author Hussein Abaza written?
Hussein Abaza has written: 'The use and application of economic instruments for environmental management and sustainable development' -- subject(s): Congresses, Environmental management, Sustainable development 'Consultative Expert Group Meeting on Environmental Impact Assessment' -- subject(s): Congresses, Environmental impact analysis 'UNEP/World Bank Workshop on the Environmental Impacts of Structural Adjustment Programmes' -- subject(s): Economic aspects, Economic aspects of Environmental policy, Environmental policy, Structural adjustment (Economic policy)
What has the author Gamal Ibrahim written?
Gamal Ibrahim has written: 'The structural responses of Romanian industries from a planned to a market economy' -- subject(s): Economic conditions, Economic policy, Structural adjustment (Economic policy)
What has the author M Narasimham written?
M. Narasimham has written: 'Economic reforms' -- subject(s): Economic policy, Structural adjustment (Economic policy)
What has the author Kwadwo Adjei Tutu written?
Kwadwo Adjei Tutu has written: 'Structural adjustment programmes and their effects on Ghanaian workers' -- subject(s): Statistics, Structural adjustment (Economic policy), Labor
What has the author Anthony Akoto Osei written?
Anthony Akoto Osei has written: 'Macroeconomic reforms and structural adjustment' -- subject(s): Economic policy, Structural adjustment (Economic policy) 'Tertiary education' -- subject(s): Congresses, Economic aspects, Economic aspects of Higher education, Education, Higher, Finance, Higher Education
What has the author P G Kadenge written?
P. G. Kadenge has written: 'Zimbabwe's Structural Adjustment Programme' -- subject(s): Structural adjustment (Economic policy) 'Essays on macroeconomic adjustment in Zimbabwe' -- subject(s): Money, Mathematical models
What has the author Eduardo A Haddad written?
Eduardo A. Haddad has written: 'Regional inequality and structural changes' -- subject(s): Econometric models, Economic conditions, Economic policy, Regional disparities, Structural adjustment (Economic policy)
What has the author E Tumusiime-Mutebile written?
E. Tumusiime-Mutebile has written: 'Selected issues in stabilisation and adjustment policy in Uganda' -- subject(s): Economic stabilization, Structural adjustment (Economic policy)
