Monetary Policy Measures As Instrument Of Economic Stabilization In Nigeria

81 pages Chapters 1-5 ID: ECO0016

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DepartmentEconomics
TypeProject
Pages81
Chapters1-5
MethodologyTrend Analysis
Reference StyleYES
FormatMS Word & PDF
Reference No.ECO0016

Abstract

MONETARY POLICY MEASURES AS INSTRUMENT  OF ECONOMIC STABILIZATION IN NIGERIA(1986-2011)CHAPTER ONE1.1     BACKGROUND OF THE STUDYSince its establishment in 1959, the Central Bank of Nigeria (CBN) has continued to play the traditional role expected of a central bank, which is the regulation of the stock of money in such a way as to promote economic growth and stability (Ajayi, 1999). This role is anchored on the use of monetary policy that is usually targeted towards the achievement of full-employment equilibrium, rapid economic growth, price stability, and external bal…

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