The Effect Of External Debt On Economic Growth Of Nigeria

50 pages ID: ACC2335

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DepartmentAccounting
TypeProject
Pages50
Reference StyleYES
FormatMS Word & PDF
Reference No.ACC2335

Abstract

7ABSTRACTThis work evolved out of the need to provide an in-depth understanding of the economicsof debt in Nigeria. This study aims at analysing the effectiveness of external debt oneconomic growth within a span of 1981-2010. The broad objective of this work isspecified to evaluate the impact of external debt stock and debt servicing on economicgrowth. In all, the models were to show the growth relationship between the independentvariables-inflation rate, exchange rate, interest rate, government expenditure, externaldebt stock and external debt service and the dependent variable-gross domestic…

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