The Efficacy Of Monetary Policy As An Instrument For Controlling Inflation On Nigeria Economy

73 pages Chapters 1-5 ID: ECO0022

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DepartmentEconomics
TypeProject
Pages73
Chapters1-5
MethodologyRegression Analysis
Reference StyleYES
FormatMS Word & PDF
Reference No.ECO0022

Abstract

(1980- 2006)ABSTRACTThe Nigerian economy is aiming to have the sustainable growth path. Through the International Monetary Fund (IMF) the government can adopt the comprehensive Structural Adjustment Program (SAP). Nigeria has a structural and sectoral macroeconomic policy reform and the main strategies were (a) the liberalization of the external trade and payment systems, (b) the adoption of a market-based exchange rate for the domestic currency ─ Naira, (c) the elimination of price and interest rate controls, and (d) the reliance on market forces as the major determinants of economic activity…

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