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 Unpublished German Script from Bamberg University, Bamberg.




Related

 

Nigeria Economic Update (Issue 44)

Recently released Nigerias petroleum imports data, show a significant decline in the quantity and value of petroleum import products (PMS, AGO and NHK) between 2015 and 2016. Specifically, value of imports significantly declined year-on-year (January to April) by 30.4 percent to N571 billion in 2016. The huge decline in the import of (refined) petroleum products likely reflects the lower (unrefined) crude oil production/exports. Furthermore, it is likely that the import of petroleum products could decline in subsequent years; however, this is dependent on the prospects of the three domestic refineriesbeing refurbished.