EFFECT OF INFLATION ON SAVING AND ECONOMIC GROWTH OF NIGERIA

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EFFECT OF INFLATION ON SAVING AND ECONOMIC GROWTH OF NIGERIA

ABSTRACT

In view of the topic of this project which says “the effect of inflation on savings and economic growth in Nigeria”. I the research carried out this study using regression analysis. Based on the findings of the research work, it was found that inflation have an impact on savings. It was also noticed that inflation has no impact on the economic growth of Nigeria. Finally, with these observations effort will be made on the management of inflation to at least remain as a single digit to improve our savings status so as to encourage investment which will lead to economic growth.

TABLE OF CONTENTS

Title page – – – – – – – – – i

Approval page – – – – – – – – ii

Dedication – – — – – – – – iii

Acknowledgement – – – – – – – iv

Abstract – – – – – – — – – v

Table of content – – – — – – – vi

CHAPTER ONE

1.1 Background of the study – – – – –

1.2 Statement of problem – – – – –

1.3 Objective of the study – – – – –

1.4 Research Questions – – – – – –

1.5 Significance of study – – – – – –

1.6 Scope of the study – – – – – –

1.7 Limitations of the study – – – – –

1.8 Definition of Terms – – – – – –

CHAPTER TWO

2.1 Literature review – – – – – –

2.2 Theories of inflation – – – – – –

2.2.1 Demand pull theory – – – – –

2.2.2 Cost push theories of inflation – – –

2.2.3 Imported inflation theories – – – – –

2.2.4 The accelerations theory of inflation – –

2.2.5 The monetary theory of inflation – – –

2.2.6 The structural rigidity theory – – – –

2.2.7 Review of growth theories – – – –

2.2.8 The classical growth theory – – – –

2.2.9 The Harrow – Doman Growth theory – – –

2.2.10 The Neo –classical growth theory – – –

2.3 Empirical review of the effect of inflation on saving and growth.

2.4 Evaluation of inflation and economic growth in Nigeria

CHAPTER THREE

3.0 RESEARCH DESIGN AND METHODOLOGY

3.1 Introduction of the study – – – –

3.2 Research design – – – – –

3.3 Sources and methods of data collection –

3.4 Population of study – – – – – –

3.5 Instrument for data collection – – –

3.6 Validity of the instrument – – – –

3.7 Method of data collection – – – –

3.8 Method of data analysis — – – –

CHAPTER FOUR

4.0 PRESENTATION AND ANALYSIS OF DATA –

4.1 Introduction – – – – – –

4.2 Presentation of data – – – – –

4.3 Analysis of data- – – – – –

4.4 Research Findings — — – – –

CHAPTER FIVE

Summary of findings – – – – –

Conclusion – – – – – – –

Implication and recommendations – – –

Suggestion for further research – – –

Limitation of study – – – – – –

CHAPTER ONE

INTRODUCTION

One of the constant face by rural women economic advancement in Nigeria has been blamed by a school of thought on the inability of Nigeria women’s to embrace co-operative way of doing business Helm (2011), this is because co-operatives are of the most effective vehicles for organizing rural production.

The paper aims to analyze the effectiveness on the contribution of women co-operative to women access to credit as a method of advancing the development of women in Nigeria gender analysis it unitized to explain the disadvantage and marginalization of women in the co-operative. It is noted that Nigeria women access to credit receptive to co-operatives, which are made attractive to them by engaging in topics pertinent to women’s development such as access to credit, training economic, health and education activity and advancement of women’s participation in the co-operative movement. Cooperatives are not only the most suitable organization and frame work for accelerated rural development but they are veritable instruments for assisting women in the achievement of increase output of farm products for instance, in the procurement of farms inputs like fertilizers, improved seeds and seedling , credit as well as in the product storage and marketing, continently measured as the percentage rate of increase in real gross domestic produce and it is usually calculated in real terms, i. e inflation adjusted terms in order to net out the effect of inflation on price of goods and services produced.

Barro and Grilli (1994), posit that mainstream economists believe that high rates of inflation are caused by high rates of growth of the money supply. They are of the view that changes in inflation are sometimes attributed to fluctuations in real demand for good and services or in available supplies (i.e. changes in scarcity), and sometimes to change in the supply and demand for money.

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