Impact Of External Debt On Economy

ABSTRACT

This work evolved out of the zeal to provide an immense understanding of the Nigeria economic of debt. The broad objective of this study was to evaluate the impact of external debt on the development of the Nigeria economy within the life-span of 1985-2011.The models in this study was used to evaluate the developmental relationship between the independent variables and the dependent variables. The data were sourced from the Federal office of statistics, CBN statistical bulletin 2011, and international monetary fund (IMF). The ordinary least square method (OLS) was employed in the cause of study. Also, the Augmented Dickey Fuller test (ADF) revealed that the variables are reliable for forecasting while the use of OLS was most appropriate for the study in terms of goodness of fit and significance of regression coefficient. The outcome of the analysis revealed that increase in external debt positively affects the economic development of Nigeria while increase in external debt services positively affects economic development in Nigeria. Thus; conclusion was made that external debt rises rapidly because loans were secured for dubious projects and private pockets rather investing the loan in productive ventures by increasing exports. And by recommendation, government should incur external fund for developmental projects and as well monitor effectively the use of external funds so as to ensure the development of Nigeria economy.

TABLE OF CONTENTS

Title page
Approval page
Dedication
Acknowledgement
Table of content
Abstract

 

CHAPTER ONE
1.0 INTRODUCTION

1.1 Background of the study
1.2 Statement of problem
1.3 Objectives of the study
1.4 Statement of hypothesis
1.5 Significance of study
1.6 Scope of study

CHAPTER TWO
2.0 LITERATURE REVIEW

2.1 Theoretical Frame Work
2.2 Empirical Evidence
2.3. Summary of the previous empirical findings
2.4. Limitations of previous study

CHAPTER THREE
3.0 REASERCH METHODOLOGY

3.1. Introduction
3.2. Sources of data
3.3. Data Analysis Technique
3.4. Model specification

CHAPTER FOUR
4.0 DATA PRESENTATION AND ANALYSIS

4.1. Presentation of Result
4.2. Analysis of the Result
4.3. Evaluation Methods
4.4 Hypothesis Testing

CHAPTER FIVE;
5.0 SUMMARY, CONCLUSION AND RECOMMENDATION

5.1. Summary of Findings
5.2. Conclusion
5.3 Recommendations
Bibliography
Appendix

APA

Impact Of External Debt On Economy. (n.d.). UniTopics. https://www.unitopics.com/project/material/impact-of-external-debt-on-economy/

MLA

“Impact Of External Debt On Economy.” UniTopics, https://www.unitopics.com/project/material/impact-of-external-debt-on-economy/. Accessed 22 November 2024.

Chicago

“Impact Of External Debt On Economy.” UniTopics, Accessed November 22, 2024. https://www.unitopics.com/project/material/impact-of-external-debt-on-economy/

WORK DETAILS

Chapters:
5
Pages:
59
Words:
6978

Here’s a typical structure for Impact Of External Debt On Economy research projects:

  • The title page of Impact Of External Debt On Economy should include the project title, your name, institution, and date.
  • The abstract of Impact Of External Debt On Economy should be a summary of around 150-250 words and should highlight the main objectives, methods, results, and conclusions.
  • The introduction of Impact Of External Debt On Economy should provide the background information, outline the research problem, and state the objectives and significance of the study.
  • Review existing research related to Impact Of External Debt On Economy, identifying gaps the study aims to fill.
  • The methodology section of Impact Of External Debt On Economy should describe the research design, data collection methods, and analytical techniques used.
  • Present the findings of the Impact Of External Debt On Economy research study using tables, charts, and graphs to illustrate key points.
  • Interpret Impact Of External Debt On Economy results, discussing their implications, limitations, and potential areas for future research.
  • Summarize the main findings of the Impact Of External Debt On Economy study and restate its significance.
  • List all the sources you cited in Impact Of External Debt On Economy project, following a specific citation style (e.g., APA, MLA, Chicago).
WORK DETAILS

Chapters:
5
Pages:
59
Words:
6978