The Impact Of Public Debt And Its Effect On The Nigerian Economy

65 pages Chapters 5 ID: ECO0253

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DepartmentEconomics
TypeProject
Pages65
Chapters5
FormatMS Word & PDF
Reference No.ECO0253

Abstract

CHAPTER ONE INTRODUCTION Background of study In recent times, Nigerian economy has been characterized by high levels of public debt along with persistent low economic growth. As such, an understanding of the dynamics between public debt and growth is critical in addressing the obstacles to economic growth and to improve debt sustainability in Nigeria (Omet, Aktham&Fadwa, 2002). Traditionally, the main drivers of economic growth are the level and quality of a country’s physical and human capital, technological advancement and the quality of the labour force as well as the country’s level of…

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