Effect of inflation on the growth and development of the nigerian economy an empirical analysis aminu umaru lecturer department of economics school of management and information technology modibbo adama university of technology yola,adamawa state, nigeria. The impact of inflation on unemployment in nigeria 200120. Determinants of inflation in nigeria international journal of. There is no significant effect of gdp on economic growth. Does high level of inflation and interest rate causes nigeria economic failure. There is a general consensus that high inflation r ates and interest rate cause problems for aggregate. Download this complete banking and finance project material titled. The study set three major objectives which include determine the relationship between economic growth, inflation and unemployment. Threshold effect of inflation on economic growth in nigeria. Analysis of inflation and its effect on economic growth in nigeria. The study recommended that government should adopt tight monetary policy measures to stabilize tide of inflationary pressures on our economy. An analytical study of the impact of inflation on economic. Pdf effect of value added tax on the nigerian economy. The effect of inflation and interest r ate on economic growth in nigeria is a serious malady.
The results show that inflation has a negative effect on exchange rate, consumer price index cpi and economic growth in nigeria. Several studies have been conducted on the effect of inflation on economic. The country experiences on inflation is no longer the problem but the fact that inflation problem seems to have reached the crisis dimension. Determinants of behavior of inflation rate in nigeria business. Anono abdulrahman zubairu lecturer department of management technology. The findings also shows that there is strong relationship between inflation and economic growth in nigeria, that exchange rate has positive impact on economic. This paper investigates the impact of inflation on economic growth and development in nigeria between 1970. The effect of inflation and interest rate on economic growth of nigeria with abstract, chapter 15, references and questionnaire. Therefore, the research work intends to make a critical assessment of the determinants of inflation in nigeria is the necessary condition upon which a lasting solution to inflation can be found in nigeria. The effect of inflation and interest rate on economic.
Effect of inflation on the growth and development of the. There is no significant effect of inflation on economic growth. Statement of problem the effect of inflation and interest rate on economy growth in nigeria is quite a serious problem. Pdf inflation, interest rates and economic growth in nigeria.1041 1136 1252 226 311 8 482 848 780 1429 775 737 265 683 1106 737 1189 423 1276 722 1493 370 1572 1190 391 1158 291 1312 71 677 726 654 826 677 536 915 1269 455 1217 76 680 574 26 1069 1488 425 169 109