Savings Mobilization and Bank Credits: How Much Do We Care in Nigeria?,Used

Savings Mobilization and Bank Credits: How Much Do We Care in Nigeria?,Used

SKU: DADAX3659191965 In Stock
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Recent macroeconomic developments in Nigerias financial sector reveal a strong desire by the monetary authorities to reposition Nigerias financial system to meet the trend of globalization. This study therefore, investigated the determinants of private domestic savings in Nigeria and also examined the impact of savings and bank credits on Nigerias economic growth.Two models were adopted viz Distributed LagError Correction Model (DLECM) and Distributed Model. The empirical results showed a positive influence of values of GDP per capita (PCY), Financial Deepening (FSD), Interest Rate Spread (IRS) and negative influence of Real Interest Rate (RIR) and Inflation Rate (INFR) on the size of private domestic savings. Also positive relationship exists between the lagged values of total private savings, private sector credit, public sector credit, interest rate spread, exchange rates and economic growth. We therefore recommend, among others, that governments effort should be geared towards improving per capita income by reducing the unemployment rate in the country. Also growth should be enhanced through improved savings, credit allocation and investments in highly productive sectors.

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We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.

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To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.

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Warranty

We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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