IMPACT OF FOREIGN AID ON SAVING IN NIGERIA
📄 Project Abstract
Most developing countries strive to attract foreign aid because of its anticipated efficacy in fostering economic development in recipient countries. This study examines the impact of foreign aid on savings in Nigeria, using a two step approach of Engle-Granger procedure in a co-integration analysis. The study uses time series on a number of macroeconomic variables, spanning for the period 1970-2009. Secondary data were sourced from Central Bank of Nigeria (CBN) statistical bulletin (various issues). Results indicate that in the long-run, foreign aid (ODA), impacts positively on national savings (GNS) and negatively in the short -run. On the contrary, the long-run effect of foreign direct investment (FDI), on national savings is negative and positive in the short-run. The variables, gross domestic product (GDP) and interest rate impact positively on national savings both in the long and short run. The error correction mechanism (ECM), term was found to be negative and significant, whic...
🔍 Key Research Areas Covered
- ✅ Literature Review & Theoretical Framework
- ✅ Research Methodology & Data Collection
- ✅ Data Analysis & Statistical Methods
- ✅ Findings & Results Discussion
- ✅ Recommendations & Conclusions
- ✅ References & Bibliography
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- Problem Statement & Objectives
- Theoretical Framework & Related Studies
- Data Collection & Analysis Methods
- Findings & Statistical Analysis
- Recommendations & Future Research
- Questionnaires, Data, References
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IMPACT OF FOREIGN AID ON SAVING IN NIGERIA
Full Citation:
OKPANACHI, CHIDUBEM C.. (). IMPACT OF FOREIGN AID ON SAVING IN NIGERIA. African and General Studies, 40, 14858.
Citation Formats:
APA
OKPANACHI, CHIDUBEM C.. (). IMPACT OF FOREIGN AID ON SAVING IN NIGERIA. African and General Studies, 40, 14858.
MLA
OKPANACHI, CHIDUBEM C.. "IMPACT OF FOREIGN AID ON SAVING IN NIGERIA." African and General Studies, vol. 40, , pp. 14858.
Chicago
OKPANACHI, CHIDUBEM C.. "IMPACT OF FOREIGN AID ON SAVING IN NIGERIA." African and General Studies 40 (): 14858.
Full Citation:
OKPANACHI, CHIDUBEM C.. (). IMPACT OF FOREIGN AID ON SAVING IN NIGERIA. African and General Studies, 40, 14858.
Citation Formats:
APA
OKPANACHI, CHIDUBEM C.. (). IMPACT OF FOREIGN AID ON SAVING IN NIGERIA. African and General Studies, 40, 14858.
MLA
OKPANACHI, CHIDUBEM C.. "IMPACT OF FOREIGN AID ON SAVING IN NIGERIA." African and General Studies, vol. 40, , pp. 14858.
Chicago
OKPANACHI, CHIDUBEM C.. "IMPACT OF FOREIGN AID ON SAVING IN NIGERIA." African and General Studies 40 (): 14858.
Document Details
| Author | OKPANACHI, CHIDUBEM C. |
|---|---|
| 📁 Field | Economics Project Topics |
| 🏷️ Type | Social Sciences project topics |
| Pages | 80 Pages |
| Words | 14627 words |
| 📘 Chapters | 1 to 5 Chapters |