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"This study aims to provide a detailed analysis of the behavioural patterns of savings in Nigeria during the eras of financial regulation and deregulation. The impact of the policies of regulation and deregulation on savings mobilization were anal...
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"The main objective of this study is to analyse and make some initial attempts in assessing the magnitude of the burden. To achieve this, it became necessary to collect data of macro-nature at various focal points, namely Ministry of Finance, Tanz...
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"The objective of the paper, is to propose a financial programming framework that uses the technique of targets and indicators to assist the monetary authority in conducting policy to achieve its macro-economic goals. The proposed programming fram...
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"This study is motivated by the conviction that inflation entails sizeable economic and social costs, and controlling it is one of the prerequisites for achieving a sustainable economic growth. The study analyses the main sources of fluctuations...
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"This study investigates and analyses the process of money supply in Nigeria in order to provide an explanation for the inflationary acceleration in money supply that occurred in the period 1970-1989. Initial double-digit inflation was found to ha...
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"This paper examines why the rates of inflation in Ghana have usually stayed above target levels. A trivial answer is that the targets were too optimistic and outside the achievable ranges. The paper assumes that the targets were reasonable and ...
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"The study uses a modified market model to investigate whether the Nigerian stock market reacts efficiently to dividend announcements in terms of price adjustments. The study finds that the cumulative excess returns (CERs) for dividend paying fi...
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"The purpose of the paper is twofold: the first objective is to survey the main developments in econometric thinking and to outline the key concepts of what has been called the LSE/Oxford methodology. Secondly, the more important aspect of the pap...
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"This study attempted to assess the short-run macroeconomic impacts of the rising bank lending rate profile of the period between 1987, when the monetary authorities started liberalizing the financial sector, and 1991. The justification for the ...
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"This study ventures to expand the frontier of knowledge on income velocity behaviour and its main determinants. Our investigation is also important in understanding the effect of changes in money growth on income over extended periods, thus helpi...
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"The major hypothesis of the paper is that private sector investment is necessary if economic growth is to be accelerated. However, in order to stimulate such investments appropriate monetory, fiscal and exchange rate policies have to be formulat...
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"The aim of this study was to evaluate the impact of preferential trade agreements and the monetary union on bilateral trade between UEMOA member countries. With the use of a dynamic gravity model, it was possible to realize that membership in a...
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"This study aims at using simple descriptive indices to assess the impact of policies of financial regulation and deregulation on the financial system over time,and in particular on savings mobilization. In the second section of this paper we disc...
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"This study examines the effects of the real exchange rate of the cedi on agricultural price incentives and agricultural exports in Ghana. It is divided into six sections. The problem which motivated this study, the study's objectives and relevanc...
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"This study has attempted to examine the relevance of the monetary approach to the balance of payments (MABP) using Malawi as a case study. Of particular interest is the overall balance of payments effects of the exchange rate, relative prices a...
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"Pursuit of an exchange rate policy that promotes the competitiveness of exports would be greatly facilitated if the policy maker were able to establish the level of misalignment of the exchange rate and thereby try to correct for it. The motivat...
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"The Stock Exchange of Mauritius (SEM) has been in operation for more than 15 years. As at December 2004, there were 40 companies listed on the official market. The main objectives of this study were to analyse the risk return characteristics of a...
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"This paper focuses on sharpening the debate on the financial sector by analysing the competitive behaviour and the structure–performance correlation. In line with the literature on the measurement of competition, it follows the two mainstreams ...
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"The aim of this study was to target poverty following a multidimensional approach. The main contribution of this approach is that its study of poverty covers monetary indicators,that is, welfare indicators which cannot be acquired easily through...
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"This paper tests the monetary approaches to Zimbabwe's balance of payments during the period 1980 to 1991 and it tests the validity of the hypothesis that under the fixed exchange rate system, changes in the nation's demand for money relative to ...
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