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Please use this identifier to cite or link to this item: http://repository.fuoye.edu.ng/handle/123456789/1315

Title: THE IMPACT OF MONETARY POLICY ON THE ECONOMIC GROWTH IN NIGERIA. (1986-2013)
Authors: OLUMIDE EMMANUEL, AWONIYI
ADEGOKE, Y.O.
Keywords: NIGERIA
IMPACT
ECONOMIC GROWTH
MONETARY POLICY
Issue Date: Aug-2015
Publisher: FEDERAL UNIVERSITY OYE EKITI
Citation: Ajayi, S.I. and Ojo, O.O. (2006). Money and banking: Analysis and policy in the Nigerian context second edition.
Series/Report no.: DEPARTMENT OF ECONOMICS AND DEVELOPMENT STUDIES PROJECT;EDS/11/0164
Abstract: Distortion of price has been a major bottleneck to the attainment of growth in developing countries. Monetary policy serves as the macroeconomic tool used to combat and alter the negative outcomes in order to maintain viability and balance in the economy. However, the dissatisfaction of the actual outcome in relation to the targeted outcome has led to the discussion on the roles and effects of monetary policy on the economy in terms of growth. The study investigated the impact of monetary policy on economic growth in Nigeria.
Description: This research is carried out to study the impact of monetary policy on economic growth in Nigeria during the period of 1986 to 2013. It was examined by considering the effect of monetary policy on some selected macroeconomic variables or components i.e. Gross Domestic Product, Inflation rate and Exchange Rate, Interest Rate, Broad Money Supply through the use of Co-integration method of analysis. The monetary policies employed by the Central Bank of Nigeria has played a crucial role in the stabilization of money circulation and monitoring credit facilities and all things regarding monetary matters to foster healthy investment and savings in order to achieve its objectives and also to attain economic growth.
URI: http://repository.fuoye.edu.ng/handle/123456789/1315
ISSN: EDS/11/0164
Appears in Collections:Economics and Development Thesis

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