scholarly journals Financial Sector Reform and Economic Growth in Morocco: An Empirical Analysis

2007 ◽  
Author(s):  
M. Kabir Hassan ◽  
Jung-Suk Yu
Keyword(s):  
Economic Growth ◽  
Empirical Analysis ◽  
Financial Sector ◽  
Sector Reform ◽  
Financial Sector Reform

scholarly journals Financial Sector Reform and the Growth of Nigerian Economy: 1986-2015

2017 ◽  
Vol 2 (2) ◽  
pp. 31
Author(s):  
R.I. Umejiaku ◽  
Ezie Obumneke
Keyword(s):  
Economic Growth ◽  
Private Sector ◽  
Financial Sector ◽  
Sector Reform ◽  
Correction Model ◽  
Deposit Rate ◽  
Enabling Environment ◽  
Long Run ◽  
Financial Sector Reform ◽  
The Right

The study investigates the effectiveness of financial sector reforms towards the growth of Nigerian economy from 1986 to 2015 using error correction model approach. The long-run pre-estimation tests revealed that there is long-run relationship between financial sector reform and the economic growth in Nigeria. Findings from the study showed that consistent fall in real deposit rate had engineered the mobilised credit that was invested in the economy; little wonder none of the determinants coefficient was significant. The fact that the real deposit rate has the right sign though statistically insignificant shows that given an enabling environment devoid of inflation; it could encourage savings and probably economic growth. The right sign of the credit to the private sector is equally encouraging investment – proxied by ratio of private sector credit to Gross Domstic Product (GDP) which leads one to wonder where the resources have gone. The study thus recommends that an enabling environment devoid of discouraging inflation must be provided and the financial institutions must be seem to be acting also for the interest of the economy.

scholarly journals Trends and Drivers of Agricultural Investments and Growth in Nigeria: The Pre and Financial Sector Reforms Experience

2014 ◽  
Vol 2 (3) ◽  
pp. 115-127
Author(s):  
Akpaeti Aniekan J ◽  
Bassey Nsikan E ◽  
Okoro Udeme S ◽  
Nkeme Kesit K
Keyword(s):  
Growth Rate ◽  
Growth Rates ◽  
Financial Sector ◽  
Least Square ◽  
Sector Reform ◽  
Agricultural Investment ◽  
Ordinary Least Square ◽  
Business Opportunities ◽  
Financial Sector Reform ◽  
Agricultural Investments

This study examined the growth rates in agricultural investments and output in Nigeria from 1970-2009 using ordinary least square in a time series analysis. Findings revealed that agricultural investments and growth recorded a growth rate of 37.44 percent and 30.47 percent in the pre-financial sector reform periods. The result for the financial sector reform periods showed a growth rate of 23.00 percent and 7.04 percent for agricultural investment and growth respectively. The differences in growth rates were not significantly different at 5 percent (tcal < ttab at P=0.5) between the periods. There was also deceleration in growth of agricultural investments in the two periods under consideration, implying that financial sector reform might have brought an overall decrease in agricultural investments in the two periods. Also, while there was stagnation in the growth process of agricultural output in the pre-financial sector reform periods, there was acceleration in the financial sector reform periods. Hence, policies and sound regulatory framework that would enhance the development of a strong, healthy and dynamic financial system should be pursued. Such policies should be tailored towards the provision of sound infrastructures and macroeconomic stability that would create incentives for agricultural investment and growth of business opportunities on a sustainable basis and foster the expansion of financial institutions.

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