ABSTRACT
The study investigates
the effect of external debt on economic growth in Nigeria. The study however
investigates the level of real Gross Domestic Product vis-à-vis external debt,
external reserve, debt service and government expenditure. Ordinary Least
Square [OLS] is used to estimate four major macroeconomic variables in order to
justify their effects on economic growth. The results of the findings further
suggest that external debt has a significant impact on the level of economic
growth in Nigeria. Therefore, the study recommends among others that African
debtor nations should come together to form a union and bargain with their
creditor’s guild rather than facing such guild of London and Paris Club
individually, and that the government should ensure that the money saved from
debt cancellation is invested in changing the lives of millions of people in
Nigeria by providing more educational and health facilities.
TABLE OF CONTENTS
CHAPTER ONE:
INTRODUCTION
1.1 Background to the Study
1.2 Statement of the Problems
1.3 Objective of the Study
1.4 Significance of the study
1.5 Statement of hypothesis
1.6 Scope of the study
1.7 Organization of the study
CHAPTER TWO: LITERATURE REVIEW& CONCEPTUAL FRAMEWORK
2.1 Conceptual Framework
2.2 External Debt Burden and Debt Service Capacity
2.3 Analytical Framework for Measuring Debt Servicing Payment and its Sustainability
2.4 Trend and Structure of Nigeria’s External Debt
2.5 Reasons for Nigeria’s External Debt Trap
2.6 Approaches on Nigeria’s Debt Management
2.7 Justification for Debt Relief
2.8 The Probable Effect of Debt Cancellation on Nigeria’s Economy
CHAPTER THREE: RESEARCH METHODS
3.1 Introduction
3.2 Nature and source of data
3.3 Estimation Technique
3.4 Model Specification
3.5 Definition of variables
CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS
4.1 Introduction
4.2 Presentation of result
4.3 Trends in the variables
4.4 Policy implication
CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS
5.1 Summary
5.2 Conclusion
5.3 Recommendations
REFERENCES
Disclaimer: Note this academic material is intended as a guide for your academic research work. Do not copy word for word. Note: For Computer or Programming related works, some works might not contain source codes
CITE THIS WORK
(2016, 02). Effect Of External Debt On Economic Growth Of Nigeria... ProjectStoc.com. Retrieved 02, 2016, from https://projectstoc.com/read/7278/effect-of-external-debt-on-economic-growth-of-nigeria-3955
"Effect Of External Debt On Economic Growth Of Nigeria.." ProjectStoc.com. 02 2016. 2016. 02 2016 <https://projectstoc.com/read/7278/effect-of-external-debt-on-economic-growth-of-nigeria-3955>.
"Effect Of External Debt On Economic Growth Of Nigeria..." ProjectStoc.com. ProjectStoc.com, 02 2016. Web. 02 2016. <https://projectstoc.com/read/7278/effect-of-external-debt-on-economic-growth-of-nigeria-3955>.
"Effect Of External Debt On Economic Growth Of Nigeria..." ProjectStoc.com. 02, 2016. Accessed 02, 2016. https://projectstoc.com/read/7278/effect-of-external-debt-on-economic-growth-of-nigeria-3955.
- Related Works
- Poverty And Unemployment In Nigeria: Causes, Effects And Remedies
- Impact Of Of Fiscal Policy On The Real Sector In Nigeria. (1970-2011)
- The Nigerian Stock Market And The Role Of Stockbrokers In The Stock Pricing: (case Study Of Apex Securities Enugu
- An Investigation Of The Contributions Of Microfinance Banking Institution To Capital Formation In Nigeria
- The Role Of Microfinance Banks In The Promotion And Development Of Entrepreneurship In Semi Urban And Rural Areas
- The Role Development Banking In Nigeria Economy (a Case Study Of Nigeria Banks)
- The Impact Of Privatization And Commercialization Of Public Enterprises On Economic Growth Of Nigeria
- The Effect Of Fuel Scarcity On Nigerian Economy: A Special Reference To Enugu Urban
- The Impact Of Interest Rate On Investment Decision In Nigeria. An Econometric Analysis (1981-2010)
- The Impact Of Monetary Policy On The Economic Growth In Nigeria (1980-2013)