THE ROLE OF EFFECTIVE COMMUNICATION IN THE MANAGEMENT AND RESOLUTION OF INDUSTRIAL CRISES
BAD DEBT MANAGEMENT IN THE NIGERIA BANKING INDUSTRY
June 1, 2018
THE ROLE OF EFFECTIVE COMMUNICATION IN THE MANAGEMENT AND RESOLUTION OF INDUSTRIAL CRISES
THE EFFECT OF WORKSHOP IN THE BANKING SYSTEM
June 1, 2018
Show all

CAPITAL FLIGHT AND INVESTMENT IN NIGERIA IN THE ERA OF FINANCIAL GLOBALISATION (1970 ” 2007)

 3,000

Contact Us

    08165312322, 08119982823
    08165312322

RESEARCH INFORMATION

: CAPITAL FLIGHT AND INVESTMENT IN NIGERIA IN THE ERA OF FINANCIAL GLOBALISATION (1970 ” 2007)
: Chapter 1 – 5
: #3, 000
: Ms Word format

This study, CAPITAL FLIGHT AND INVESTMENT IN NIGERIA IN THE ERA OF FINANCIAL GLOBALISATION (1970 ” 2007) contains concise information that will serve as a framework or guide for your project work. The project study is well-researched for academic purposes and are usually provided in complete chapters with adequate References.

Keywords: CAPITAL FLIGHT AND INVESTMENT IN NIGERIA IN THE ERA OF FINANCIAL GLOBALISATION (1970 ” 2007)

RESEARCH BODY

Abstract

As being  experienced in many developing countries,  Nigeria has been  experiencing
confirmed capital flight which has been a  problem believed  to have  adversely  affected
domestic investment. The existence of this problem is further accentuated by the financial
globalisation process which has enabled capital to flow more freely than before between
countries of the world. This study examined  the  relationship between  capital flight in
Nigeria and investment during the period of financial globalisation with data from 1970 to
2007. The main variables used were exchange rates, investment, Kaopen, financial savings,
external reserves and interest rate differential among others. Ordinary Least Square (OLS)
technique is used in determining the significant variables in investment  and financial
globalisation, while Vector Error Correction Mechanism (VECM) was adopted to determine
the long-term relationship between investment and capital flight.  The study finds that the
rate of exchange is significant in investment and financial globalisation but not significant
in World Bank’s and Dooley’s estimates of capital flight. The different estimates of capital
flight do  not significantly  impact negatively against  investment though it has a long-term
negative impact on external reserves of the country. The Dooley’s definition of capital flight
is  found to more significant in the Nigeria case than the World Bank’s as its impact is
negative on the investment, though not significant. This signifies the role of errors and
omissions in distorting  the estimates of capital flight in Nigeria.   The other determinant of
capital flight  is the  interest rate differential in the co-integrating equation. Unusually, the
Kaopen measure is significant in the Nigeria’s financial globalisation scenario, which calls
for careful foreign exchange rate management to determine the rate of the exchange.  The
study recommends a cleaner  floating of  the domestic currency to reduce capital  flight, the
improvement of the business environment and an increase in the autonomous investment by
both public and private sectors in the economy to induce other domestic investments, which
will facilitate inflow of capital.

Keywords: CAPITAL FLIGHT AND INVESTMENT IN NIGERIA IN THE ERA OF FINANCIAL GLOBALISATION (1970 ” 2007)



NOTE: INSTANT DOWNLOAD SERVICE

Have you made payment for this project? If YES, Get a Download Code by contacting our Customer Care.

If NO, Place an Order Now.

For further enquiries, call our Hotlines: (+234) 0816-531-2322, 0811-998-2823


HIRE A WRITER | BROWSE OTHER PROJECTS | HOW TO PAY FOR PROJECT

Keywords: CAPITAL FLIGHT AND INVESTMENT IN NIGERIA IN THE ERA OF FINANCIAL GLOBALISATION (1970 ” 2007)

HOW DO I MAKE PAYMENT FOR THIS PROJECT





Not the topic you are looking for ? Search here


DISCLAIMER: myproject.com.ng focus on attracting students and researchers to materials that can be used as guide, framework, and reference for their project work. All contents/materials on this website are for research purposes only and for no reason should you copy verbatim. This platform is not encouraging any form of plagiarism, neither are we advocating the use of the project materials for cheating. We strictly recommend that research project topics and materials ordered for should serve as a guide or framework only. The contents therein should be used to generate fresh ideas for your own research. Finally, myproject.com.ng will not be liable for any material used inappropriately.