• AN EMPIRICAL ANALYSIS OF THE IMPACT OF MONETARY POLICY ON ECONOMIC DEVELOPMENT IN NIGERIA (1985–2011)


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    • ABSRACT - [ Total Page(s): 1 ]One can hardly find a country without monetary policy. As a matter of fact, monetary policy has gained a solid ground in the Nigerian economy. However, in light of various economic problems in Nigeria, it would seem the benefits of monetary policy are yet to be fully harnessed. The purposed of this study is to analyse the impact of monetary policy with Nigeria being the case study. With regards to the data analysis, regression analysis was applied. The study covers the effectiveness of monetary policy from the period 1985 to 2011. The study revealed that the level of effectiveness of monetary ... Continue Reading

         

      CHAPTER ONE - [ Total Page(s): 2 ]CHAPTER ONEINTRODUCTION1.1 BACKGROUND OF THE STUDYOne of the major issues which have occupied the mind of government for years is the impact of monetary policy as a tool for price stability in Nigeria. Despite the lack consensus amongst the economy, there is remarkable strong agreement that monetary policy as an economy-stabilizing measure in Nigeria refers to the persistence rise in the general price level.Monetary policy is one of the macroeconomic policies available for managing the economy. It is however important today because its effects on economic aggregates such as price, output, inte ... Continue Reading