Working Papers
Extra-ECOWAS Trade And Investment Flows: Any Evidence Of Business Cycles Transmission
This study investigates the effects of merchandise trade and investment flows on the transmission of business cycles between members of ECOWAS and the major trading partnersbetween 1985 and 2014. Total…
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Export Commodity Prices And Long-Run Growth Of Primary Commodities-Based African Economies
There is a link between primary commodity export prices and economic performance. Many African economies are primary commodities export biased, often in few primary commodities. Previous studies focus on the…
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Trade And Foreign Direct Investment Nexus In West Africa: Does Export Category Matter?
This paper examines the effect of inward FDI in West Africa on exports to EU countries. It investigates from a host country perspective, the impact of FDI on different export…
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Explaining Sectoral and Spatial Variations in Growth Pro-poorness in Nigeria
The link between poverty reduction and growth has for some time been the focus of numerous empirical studies on growth. Recent studies show that the responsiveness of poverty to economic…
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Nigeria-Poland Bilateral Trade: Identifying New Trade Opportunities
This paper examines the bilateral trade relationship between Nigeria andPoland for the period 1995 to 2012. It uses the Decision Support Model (DSM)and the Growth Identification and Facilitation Framework (GIFF)…
Download ↓ Read →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.
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Analysis Of Bilateral Trade In UEMOA The Implications Of Trade Effects
The paper examines the implications of trade effects in bilateral trade drawing evidence from West African Monetary and Economic Union (UEMOA). It also discusses the importance of political stability to…
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Re-examining The Determinants Of Current Account Balance In An Oil-Rich Exporting Country
The paper examines the determinants of current accounts balance in Nigeria with emphasis on oil-related variables.
Read →Oil Revenues, Institutions And Macroeconomic Performance In Nigeria
The paper presents an elaborate econometric analysis of a number of key macroeconomic indicators to oil revenue and examines the results of oil revenue fluctuations.
Download ↓ Read →Testing The Impact Of Foreign Aid And Aid Uncertainty On Private Investment In West Africa
The paper examines the impact of foreign aid on private investment in West Africa and whether multilateral and bilateral aid affects private investment differently.
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Foreign Aid And The Real Exchange Rate In The West African Economic And Monetary Union
This paper examines the relationship between foreign aid and the real exchange rate to determine how the competitiveness of the West African Economic and Monetary Union (WAEMU) is affected by…
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Implementing The Fiscal Responsibility Act At The State Level In Nigeria
Fiscal responsibility acts have become increasingly common tools to enhance fiscal prudence and public expenditure transparency in many countries. In Nigeria, fiscal profligacy at the sub-national level has emerged as…
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Should Nigeria Establish A Sovereign Wealth Fund?
This paper explores the issues relating to the establishment of a Sovereign WealthFund (SWF) in Nigeria consistent with best practices. Experience with established SWFssuggests that successful oil- based funds tend…
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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…
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