The Impacts Of Oil Price Volatility On Nigeria Economy (2000-2016)

50 pages Chapters 5 ID: ECO0120

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DepartmentEconomics
TypeProject
Pages50
Chapters5
FormatMS Word & PDF
Reference No.ECO0120

Abstract

CHAPTER ONE                                      INTRODUCTION 1.1      Background to the Study Economic growth plays a key role in industrial innovation (Malatyali, 2016). The first fluctuations in crude oil prices that occurred in 1973s have made economists to view sudden movements in the oil price as a fundamental source of economic fluctuations, for example, Hamilton (2005) suggests that in the last few decades, nine of the ten recessions in the USA were preceded by large positive increases in crude oil price. Moreover, the very recent highs registered in the crude oil market are causing…

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