Bi-weekly Seminars

June 18, 2013

Public Debt In A Growing Economy And Implications For The Nigerian Case

The
paper analyses the impact of public debt on an economy using Nigeria as case
study and identifies steady states in the model of a closed economy.

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Author:Prof. Dr. Dr. h.c. H.-Dieter Wenzel

Document Size:31pages


Main Source of Presentation

Wenzel, H.-Dieter (2001). Growth Equilibria with Public Debt. Society and Economy in Central and Eastern Europe. Journal of the Budapest University of Economic Sciences and Public Administration. Bd.(Vol.) 23/1-2 S. 70-88. Budapest .

Wenzel, H.-Dieter (2006). Public Finance (ffentliche Finanzen). Unpublished German Script from Bamberg University, Bamberg.




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Issues In Fiscal Policy Management Under The Economic Reforms

This paper was produced as part of a larger project which was jointly financed by the UKDepartment for International Development in Nigeria (through its Policy and Knowledge facility)and the Research Committee of the World Bank.

Nigeria Economic Update (Issue 14)

Recently released report by the National Bureau of Statistics indicates decline in output and contribution to GDP in the Nigeria aviation sub-sector. In real terms, output in the sub-sector decreased annually by 4.9 percent between 2015 and 2016; and declined by 13.3 percent (Year-on-Year) in 2016Q4 the largest quarterly decline in 2016. The sectoral fall in output was supply-side driven: increased cost of operations prompted cut-back on services provided by the sector as well as termination of some aviation operations. Going forward, recent improvement in forex supply in the interbank and BDC channel would enhance forex access to airline operators and facilitate smooth running of the airline industry.