Debt Burden and Infrastructural Development in Nigeria

Globalization and Financial Development in Nigeria

Globalization is a worldwide phenomenon. The concept globalization is a very recent term only establishing its current meaning in the 1970s, which emerged from the intersection of four inter related sets of communities of practice, academics, journalists, publishers. This paper models the channels through which globalization affects financial sector development in Nigeria. To this end this stud...

Nicaragua's debt burden: a permanent hurricane.

Commentary: the Burden of the National Debt

Most discussion of the Government’s fiscal position seems to focus on the immediate risks associated with a rising national debt. There is concern that the UK’s credit rating will be reduced and fear that this might lead to a further fall of the exchange rate. It is sometimes suggested that if the budget deficit is not reduced sharply in the reasonably near term there will be a significant risk...

Effect of External Debt on Economic Growth and Development of Nigeria

This study investigates the effect of the external debt burden on economic growth and development of Nigeria .It adopted regression analysis of OLS on secondary data sourced from CBN, Economical and Financial review, Business times, Financial Standard and relevant publication from Nigeria on variable like National Income, Debt Service Payment, External Reserves, Interest rate among others. The ...

Democracy, Violent Conflict and National Development in Nigeria

There seems to be a debate on the validity of democratic peace theory. Whilst, some scholars and schools of thought have argued that democracy engenders peace, others have argued exactly the opposite. In the Nigerian context, democracy appears to have been characterized by violence, this paper examines democracy and violent conflicts and in origins and its implications for development with a pa...