Home » Banking and Finance » THE EFFECTIVENESS OF MONETARY POLICY IN CONTROLLING INFLATION IN NIGERIA
THE EFFECTIVENESS OF MONETARY POLICY IN CONTROLLING INFLATION IN NIGERIA
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 65 pages | 1-5 chapters | Amount: ₦5,000 | Marked useful: 4,772 times
Delivery: Within 24 hoursTHE EFFECTIVENESS OF MONETARY POLICY IN CONTROLLING INFLATION IN NIGERIA
TABLE OF CONTENTS
Title page ii
Approval page iii
Dedication iv
Acknowledgement v
Abstract vi
Table of content vii
CHAPTER ONE
Introduction 1
1.1 Background of the study 1
1.2 Statement of the study 2
1.3 Objective of the study 4
1.4 Significance of the study 4
1.5 Limitations of the study 6
CHAPTER TWO
2.1 Review of related literature 7
2.2 Objective of monetary policy 10
2.3 Instruments of monetary policy 11
2.4 Inflation in nigeria 14
2.5 Type of inflation 16
2.6 Causes of inflation 17
CHAPTER THREE
Research design and methodology 19
3.1 Source of data 19
3.2 Secondary data 19
3.3 Location of data 19
3.4 Methods of data 20
CHAPTER FOUR
4.1 Findings 22
CHAPTER FIVE
Recommendations and conclusion 25
5.1 Recommendations 25
5.2 Conclusion 26
Bibliography 27
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
In Nigeria the central bank which is at the apex of the banking apples a variety of policy measure and technique with which to control and regulate money and credit in other to attain the desire for necessary to sue the package of discussing the efficiency or other wise of general economic management strategies.
Government policy statement clearly revered that inflation become a problem in Nigeria about early 1970s.
The contention can be sustained further by the fact that the economic began to experience double digit rate of inflationary from the early part of the decade probably the power of the inflation is not peculiar to Nigeria government, But it is generally problem confronting Nigeria government to attain a higher level of economic development as the period generally lead to inflation any spiral in the country.
But whether inflation in Nigeria is due to monetary mismanagement on the part of the authorities concerned or caused by inherent structure deficiency still remain uncertain, many factors have been identified to be responsible for inflationary pressure in the economic in a symposium in Nigeria held sometime go, mot of the participants stressed on money supply nature of government expenditure limitation in real output and the influence comported as the major causes inflation in Nigeria.
In the process of formulating monetary policy, it is of government.
1.2 STATEMENT OF THE PROBLEM
Many attempts have been made by the Nigeria authorities to attain higher rates generally being accompanied by certain digress of price increase in recent into years.
The phenomenon developed into several and pronged inflation and stagflation indeed, it is increasingly being recognized that a process of rapid economic growth is likely to provoke inflation and pressure.
However, whether the problem of inflation in this country is due to mismanagement of monetary policy tools structural deficiencies still remain a contriver sail mother.
During the last decade, the problem of inflation or reflation to economic growth and development have been extensively discussed. This problem is not peculiar to Nigeria, but has ashamed global phenomena on. It is generally agreed world wide that inflation is socially unjust. Inflation also affects generally economic behaviour and the patter or resources allocation. By disporting price relation and under mining general confidence prolonged tends to direct investments way from production section, and this slacker growth.
Further more, inflation discourages private savings and encourages speculation among the various economic units.
Another consequence is that it result in balance of payment difficulties and reduces the extend having it national economic management straggle largely informed by new classical and Keynesian persuasions have stronge over decades.
This material content is developed to serve as a GUIDE for students to conduct academic research
Delivery: Within 24 hours
Advertise Here
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
MICROFINANCE INSTITUTIONS AS A CATALYST FOR AGRICULTURAL DEVELOPMENT IN RURAL COMMUNITIES ( A CASE S...
MICROFINANCE INSTITUTIONS AS A CATALYST FOR AGRICULTURAL DEVELOPMENT IN RURAL COMMUNITIES ( A CASE STUDY OF LERE LOCAL GOVERNMENT AREA, KADUNA STATE...More »
Item Type: Project Material | 54 pages | 190 engagements |
- 2.
AN ANALYSIS OF THE EFFECT OF RISK MANAGEMENT ON THE FINANCIAL PERFORMANCE OF DEPOSIT MONEY BANKS IN ...
CHAPTER ONE INTRODUCTION 1.1 Background Of The Study Numerous financial institutions have either failed or are on the verge of failure as a result ...More »
Item Type: Project Material | 54 pages | 245 engagements |
- 3.
THE ROLE OF COMMERCIAL BANKS IN THE GROWTH OF SMALL AND MEDIUM SCALE ENTERPRISES IN CAMEROON
CHAPTER ONE INTRODUCTION Background of the study Small and medium sized enterprises (SMEs) play a crucial role in facilitating wealth distribution ...More »
Item Type: Project Material | 54 pages | 1,018 engagements |
- 4.
ASSESSING THE EFFECTS OF CREDIT RISK MANAGEMENT AND LOAN PERFORMANCE ON MICROFINANCE INSTITUTIONS IN...
CHAPTER ONE INTRODUCTION 1.1 Background of the Study Risks linked with credit generation must be managed cautiously, with credit risk being especia...More »
Item Type: Project Material | 54 pages | 573 engagements |
- 5.
AN ASSESSMENT OF ITS RELEVANCE ON THE MANAGEMENT OF MICROFINANCE INSTITUTIONS IN GHANA
CHAPTER ONE INTRODUCTION 1.1 Background of the Study Through microfinance, low income households and their businesses can obtain traditional financ...More »
Item Type: Project Material | 54 pages | 514 engagements |
- 6.
A CRITICAL ANALYSIS OF LOAN FINANCING FOR SMALL AND MEDIUM SCALE ENTERPRISES IN CAMEROON
CHAPTER ONE INTRODUCTION Background of the study In comparison to the rest of the globe, the African continent has experienced substantial expansio...More »
Item Type: Project Material | 54 pages | 495 engagements |