IOSR-JEF   Volume-11 ~ Issue-1 ~ Jan – Feb 2020

Abstract: Inadequate policy on economic diversification has cause the economy to rely heavily on crude oil export as a major export commodity in the economy. One major problem with the over reliance on oil export is the facts that, prices fluctuates, this means that the dynamic nature of the Nigerian economy is at whims and caprices of the prices of oil, any structural distortion in the foreign economy is capable of causing change in the prices of oil directly affect the Nigerian economy. The study empirically addresses the impact of non-oil export on economic growth in Nigeria .The method used in this study is Auto regressive distributive lag(ARDL), to capture both the long run and short run dynamic relationship. Augmented dickey fuller of unit root test was used to avoid the error of accepting the null hypothesis of unit root test when it had been rejected. Annual time series data were obtained and analysed. The finding of the study revealed that, there is a positive and significant relationship between non-oil export and economic growth in Nigeria. While the other finding revealed a long run relationship between agricultural output and economic growth in Nigeria.

Key words: Agricultural Export, Manufacturers Export and Economic Growth

Abstract: This research work examines the effect of fiscal policy on unemployment reduction in Sub Saharan Africa with emphasis on Ghana and Nigeria Secondary data were collected for both countries. The research covered the period 1986 to 2017. The Philips-Perron Unit root test conducted revealed that the variables were all stationary at first difference which confirms that there is no unit root in the variables. The Johansen Contegration test suggested a long run relationship exist between fiscal policy and unemployment reduction in both Nigeria and Ghana. To confirm the long run relationship, the Vector Error Correction model was adopted. The result of the Vector Error Correction Mechanism revealed thatfiscal policy has no significant long run effect on unemployment reduction.....

Keywords: Fiscal Policy, Unemployment, capital expenditure, recurrent expenditure, Tax Revenue, Oil Revenue, Deficit Financing.

Abstract: Unemployment is one of the most complex and greatest challenges facing the Kenyan economy. Just like other developing countries in the world, Kenya has been employing the fiscal policy framework as an economic tool to alleviate the high rates of unemployment within the country. Unemployment among the youth in Kenya has been increasing over time from as low as 20.98 percent in 2006 to 23.86 percent in 2014. However, the national unemployment rate stands at 11 percent as of 2008 and this has negatively affected the country's economic growth. This social and economic challenge continues despite the fact that the government of Kenya has employed a fiscal policy as an economic tool to mitigate this menace and harness the country's economic growth through job creation to the youth. Hence the importance of assessing the effectiveness of Kenya's fiscal policy on.....

Keywords: Unemployment; fiscal; expenditure;

Abstract: The entrepreneurs of the small industry have a prominent role in a developing economy, as the success of these industrial enterprises depends largely upon the capabilities and the talents of the entrepreneurs and there by promotes the industrialization process. To make the small scale industry more dynamic in accelerating industrial development for facilitating larger employment generation and output expansion, there is an imperative need to promote the entrepreneurial talents as inadequate supply of entrepreneurs, constrains the process of rapid industrialization and that of sustaining the economic development Several factors contribute to the development of entrepreneurs and their abilities such as the motivation and the aptitude to undertake risk-bearing industrial activities.......

Key Words: Industry, Entrepreneurship, Productivity, Motivation, Employment

Abstract: This study interrogates the effect of exchange rate on the financial development of a nation using Nigeria as a baseline. The article is tailored after the ex-post-facto typology where country level time-series data were obtained and scrutinised on both descriptive and inferential statistical platforms. The outcome of the analyses shows that exchange rate affects a nation's financial growth. This result is anchored on the fact that no country is self-sufficient and the lack of a universal currency, implies that trading and other monetary transactions amongst nations will continue to be shaped by exchange rate vagaries. The direction of impact is dependent on the function of an individual country's economic status. Premised on the conclusion reached and the implications arising therein, we recommend that countries with low domestic production capacity should ensure that their exchange rate relative to the US dollar and other major currencies is not too flat. However, as internal productive capacity...........

Keywords: Exchange Rate, Financial Deepening, Financial Growth, broad money supply

Abstract: The notion of efficient market hasdominated the stage in finance. Over the years, academic scholars in finance and economics have strived to understudy the underlying conception of efficiency as it ascribed to capital markets. This topic has generated numerous opposing and opposite views and understandings with regard to efficient market hypothesis, some of the views rejected the underlying principles of EMH while others lent credence and support to it. However, a trace of the way in which the studies emerged in the last decade is of paramount importance.This study therefore stretches itself toscrutinize the increasing breadth of empirical works that boarder on the efficiency of markets, taking into consideration the underlying hypothesis. The resolve of the study is that ascertaining......

Keywords: Efficient Market Hypothesis; Stock Market; Market Efficiency

Abstract: This research work was conducted to know and understand the behavior of people towards different investment avenues available. It emphasizes mostly on its awareness and their investing habits. It takes into consideration various factors that influence and induce people to make investments highlighting risk as one of the most important factors. This research was conducted in Mumbai city. It also helps to know the investment pattern of the people.

Keywords: Investment avenues, investing habits, risky investment avenues, wealth creation, productive sources.