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THE PERFORMANCE OF MONETARY POLICY IN THE NIGERIAN ECONOMY (1980-2010)
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- Contributor: mr-chris
- engagements: 59
- Case No: 321804pw
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ABSRACT - [ Total Page(s): 1 ]The purpose of this project work is based on the relative performance of monetary policy in the Nigerian economy. This work discussed the meaning of monetary policy is as combination of measures designed to regulate the value, supply and cost of money in an economy in consonance with the expected value of economies activities. The study shows further, the aims and objectives of monetary policy which includes price stability, maintenance of balance of payment equilibrium, promotion of employment, tackling inflation, output growth and sustainable development. The literature review shed more ligh
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CHAPTER ONE - [ Total Page(s): 4 ]Nigeria did not have any stable macroeconomic policy enforcement before and during the inflammation of structural adjustment programme (SAP). The terms of trade deteriorated for most of the period between 1980 to 1985 and some previous years before the 1980. The consumer price index (CPI) growth rate was on the average of 17.1% between 1980 and 1985 and though this fell to about 5.0% in 1986 and 1987, if again started to rise from 1988, peaking at 47.5% in 1989. It has remained consistently high in the 1990s reading an all time high of 54.7% in 1994. The current account repor ... Continue Reading
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ABSRACT - [ Total Page(s): 1 ]The purpose of this project work is based on the relative performance of monetary policy in the Nigerian economy. This work discussed the meaning of monetary policy is as combination of measures designed to regulate the value, supply and cost of money in an economy in consonance with the expected value of economies activities. The study shows further, the aims and objectives of monetary policy which includes price stability, maintenance of balance of payment equilibrium, promotion of employment, tackling inflation, output growth and sustainable development. The literature review shed more ligh
... Continue Reading
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