• The Effect Of External Devt On The Nigeria Economic Growth (1989-2010)

  • ABSRACT -- [Total Page(s) 1]

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    • THIS STUDY IS FOCUSED ON THE EFFECT OF EXTERNAL DEVT ON THE NIGERIA ECONOMIC GROWTH (1989-2010)
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    • CHAPTER ONE - [ Total Page(s): 3 ]Debt servicing is the payment of liquidation of the principal and accumulated interest. It is a contractually fixed exchange on domestic real income and savings as the debt grows or as interest rate raise. Debt service payment must be made with foreign exchange. In other words, debt service obligation can be met only through export earnings.However, should the composition of import change or should the composition of export change or should interest rate rise causing ballooning of de ... Continue reading---