Macroeconomic Report & Economic Updates
January 29, 2018
Nigeria Economic Update (Issue 2)
International rating body, Fitch, has projected higher economic growth for Nigeria in 2018. The body estimated that Nigerias economy will grow by 2.6 percent, slightly higher compared to projections from the International Monetary Fund (2.1 percent) and The World Bank (1 percent). A myriad of factors may have driven the projected increase: improved availability of forex for the non-oil sector, higher government capital expenditure capability driven by more oil revenue, and fiscal stimulus. However, the relatively strong economic growth projected by Fitch and IMF may be hampered
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Employment Choice And Mobility In Multisector Labor Markets
This paper examines employment choice and occupational
mobility using data from Ghana in a model that
incorporates capital market failure, credit constrained individuals and draw
self-employment capital from family asset.