08168958821
IMPACT OF SAVINGS ON FINANCIAL DEVELOPMENT OF NIGERIA
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 40 pages | 1-5 chapters | Amount: ₦5,000 | 1 order. | Marked useful: 6,294 times
Delivery: Within 24 hoursIMPACT OF SAVINGS ON FINANCIAL DEVELOPMENT OF NIGERIA
Abstract
This research work seeks to examine the impact of savings on financial development in Nigeria. Time series data from 1970 to 2013 were computed from world development indicators. The period was assumed long enough to proffer solution for the improvement of savings in the economy. The study used an Autoregressive Distributed Lagged (ARDL) estimation technique, built on the McKinnon complementary hypothesis framework to investigate the impact of savings on financial development. The result revealed that domestic savings has a positive significant on financial development both in long and short-run in Nigeria. It is also seen that inflation has a negative significant on financial development in the long and short run. The study therefore concluded that since interest on deposit propel depositors to save, the interest rate should be increased in other to enhance savings which in turn leads to effectiveness of the financial system.
This material content is developed to serve as a GUIDE for students to conduct academic research
Delivery: Within 24 hours
Advertise Here
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
EFFECT OF INFLATION ON SOCIOECONOMIC STATUS OF HOUSEHOLD IN NIGERIA
CHAPTER ONE INTRODUCTION Background of the Study Globally, high inflation continues to be a significant unresolved matter. It is a prominent concer...More »
Item Type: Project Material | 54 pages | 1,935 engagements |
- 2.
AN ASSESSMENT INTO THE EFFECT OF FEDERAL STUDENT LOAN DEFAULT RATES: IMPLICATION FOR THE NIGERIAN EC...
CHAPTER ONE INTRODUCTION Background of the study The higher education system in Nigeria has seen significant growth in recent decades, with a risin...More »
Item Type: Project Material | 54 pages | 1,518 engagements |
- 3.
AN EXAMINATION OF THE CAUSES AND EFFECTS OF ECONOMIC MELTDOWN IN NIGERIA (AN ASSESSMENT OF TINUBU AD...
CHAPTER ONE INTRODUCTION Background of the Study Economic meltdown, sometimes known as an economic crisis, can be described as a state of economic slo...More »
Item Type: Project Material | 54 pages | 1,931 engagements |
- 4.
AN EXAMINATION OF THE EFFECTS OF ECONOMIC STAGNATION ON NIGERIA ECONOMIC GROWTH AND DEVELOPMENT (A C...
CHAPTER ONE INTRODUCTION Background of the Study It is well acknowledged by all citizens that Nigeria and other countries are currently experiencing a...More »
Item Type: Project Material | 54 pages | 1,714 engagements |
- 5.
AN IN-DEPTH INVESTIGATION OF THE IMPLICATIONS OF ECONOMIC STAGNATION ON THE LIVELIHOOD OF RURAL DWEL...
AN IN DEPTH INVESTIGATION OF THE IMPLICATIONS OF ECONOMIC STAGNATION ON THE LIVELIHOOD OF RURAL DWELLERS CHAPTER ONE INTRODUCTION Background of the St...More »
Item Type: Project Material | 54 pages | 1,587 engagements |
- 6.
AN IN-DEPTH STUDY OF WIDESPREAD HARDSHIP IN NIGERIA(AN EXPERIENCE UNDER TINUBU ADMINISTRATION)
AN IN DEPTH STUDY OF WIDESPREAD HARDSHIP IN NIGERIA(AN EXPERIENCE UNDER TINUBU ADMINISTRATION) CHAPTER ONE INTRODUCTION Background of the Study The...More »
Item Type: Project Material | 54 pages | 1,809 engagements |