July 7, 2017

Consequences Of School Resources For Educational Achievement

This paper examines the
determinants of educational achievement in a developing country context,
Burkina Faso. We deviate from the extant literature by constructing an
aggregate index of school quality from the observable school resources. Also, we
account for school choice constraints, faced by children especially in rural
areas, as it relates to the geographical inequalities in the distribution of
quality schools. These treatments provide an unbiased estimates of the
relevance of school resources for academic performance. The empirical approach
is based on a two-stage procedure that accounts for supply constraints in
school choice.

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Implementing The Fiscal Responsibility Act At The State Level In Nigeria

The paper explores the policy framework for implementing the FRA across the 36 states, and identifies the underlying macroeconomic principles required for the FRA to be effective at the state level.

Nigeria Economic Update (Issue 16)

Nigerias Bonny light price declined by 7.1 percent from $40.19 per barrel on March 24, 2016 to $37.32 per barrel on April 1, 20162. OPEC weekly basket price also decreased by 3 percent from $35.81 per barrel to $34.74 per barrel within the same period3. The remerged downward trend in crude oil price is traceable to concerns over the likely failure of the oil production freeze deal between Saudi Arabia and Iran4. The outcome of the oil production freeze meeting which is scheduled to hold on April 17, 2016, will give further direction for oil supply regulation.