Stabilization policy and economic growth in Nigeria: 2000-2011

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Table of contents

CHAPTER 01: INTRODUCTION3

1.1Outline of the study3

1.2Background of the study4

1.3Rationale of the study6

1.4Significance of the study8

1.5Research focus8

1.6Research aims and objectives8

1.7Research questions9

1.8Research design and methodology10

1.8.1Secondary research11

1.8.2Literature search11

1.9Limitation of the study12

1.10De-limitation of the study12

1.11Time scale13

References15

CHAPTER 01: INTRODUCTION

The following proposed study is about the stabilization policies and their impact on the economic growth of Nigeria. The primary objective of stabilization policies which also involves the monetary and fiscal policy is to contribute to economic growth and control inflation in the country. With the help of stabilization policies, many nations try to defend their national currency relative to other foreign currencies. Many studies have been conducted which have stated that stabilization policies involves control of fiscal and monetary policy. The studies have stated that increase or decrease in the prices of items can be a source of imbalance in economy. As stated above the primary objective of stabilization policies is to maintain the price stability and government spending. By using the various monetary and fiscal policy tools, the central bank ensures that the money supply and government spending is controlled in such way that economic sustainability is achieved. In short, it can be stated that fiscal and monetary policy can have a strong and long term impact on economic growth, if they are properly controlled. Many studies have also stated that monetary policy and fiscal policy can have positive impact on the economic development of Nigeria (Bogunjoko, 2004)

Outline of the study

The following thesis is based on the topic “Stabilization Policy measures and Economic growth in Nigeria: 2000-2011”. The first chapter of thesis will demonstrate and illustrate on the introduction of the topic which will also illustrate and explain the primary aims and objectives and the background of the thesis. The first chapter of thesis will also explain and illustrate on the rationale and significance of the study. The second chapter of the thesis will explain and illustrate the previous studies which have been carried out in the context of the proposed research study. The second chapter of literature review will also provide detail review of the previous research studies in the particular field and studies. The second chapter of literature review will also explain and review the stabilization policy measures and the current conditions of economic growth in Nigeria. The second chapter of literature review will also analyze the various tools of monetary policy which foster economic growth and development in Nigeria. The third chapter of the following proposed study will focus on the methodology and the research design adopted in the study. The fourth chapter of the thesis will analyze and examine the findings of the proposed research study and this chapter will also provide discussion on the proposed research study. The final chapter of thesis will also provide conclusions which also highlight the future implications and recommendations of the proposed research study.

Background of the study

Many studies have been conducted on the various stabilization policies of various nations all across the ...