scholarly journals Efforts Towards Development Planning, Issues and Challenges: An Overview of Nigeria Experience

2021 ◽  
Vol 7 (3) ◽  
pp. 492-500
Author(s):  
Abubakar S Yushau Alfakoro
Keyword(s):  
Economic Growth ◽  
Growth And Development ◽  
Research Work ◽  
Spillover Effect ◽  
National Development ◽  
Development Planning ◽  
Absolute Poverty ◽  
Economic Growth And Development ◽  
Development Plans ◽  
Sustainable Economic Growth

So essential and imperative is national development plans to the success of any nation. If any country desires to attain sustainable economic growth and development, be it developed or developing, it must make plans for its goals and objectives. Since colonial period and after, Nigeria has committed itself on series of national development plans in order to attain sustainable economic growth and development. It is not a denying fact that Nigeria efforts towards development plans have not been achieved and also improves its economic situation. Over time, this has been proved from economic indicators such as increase in rate of unemployment, short life expectancy ratio, lack of infrastructural facilities and absolute poverty as a result of the spillover effect of its development plans to instill results. The main objective of this research work is to overview some of the previous Nigerian development plans and pin-point out the militating factors that serve as deterrent to the achievement of development plans in the country. This research work sourced its materials through secondary sources of materials. However, competent development expert, corruption free society, political leadership, harmonization and efficient resource allocation are part of the remedies or motor for a successful and sustainable national development plans

ECONOMIC DIPLOMACY AND NATIONAL DEVELOPMENT GHANA UNDER KUFUOR (2001-2008): ‘MAMMON’ AND GOOD NEIGHBOURLINESS.

2019 ◽  
Vol 10 (2) ◽  
pp. 201-221
Author(s):  
Steve Asirifi Yeboah
Keyword(s):  
Economic Growth ◽  
Growth And Development ◽  
National Development ◽  
Final Analysis ◽  
The Other ◽  
Economic Relation ◽  
Economic Growth And Development ◽  
Rate Of Development ◽  
Economic Diplomacy ◽  
Macroeconomic Indicators

This study seeks to assess the extent to which President Kufuor’s adoption of economic diplomacy impacted the economic growth and development of Ghana from 2001-2008. The economic development of Ghana after inde-pendence vary from one administration to the other with military takeovers influencing and changing the course and rate of development. President Kufuor’s administration however presents a remarkable record of immense economic growth. Kufuor’s era was thus, termed as the “Golden Age of Business” following the gravity of private businesses springing up and an environment created for such initiatives to thrive on. In the final analysis, the study came to the realization that Kufuor’s administration reemphasizes the deepening economic relation Ghana developed with other partners through the implementation of economic diplomacy. The study underlined some initiatives that was embarked on and further provided some macroeconomic indicators representing the level of development during his era. The result revealed the roles of diplomats as primary avenues for the promotion of economic diplomacy and how their activities impact the economic growth of a country.

scholarly journals Sustainable economic growth and development of educational systems

2017 ◽  
Vol 10 (3) ◽  
pp. 285-292 ◽  
Author(s):  
Manuela Tvaronavičienė ◽  
Anatoly Shishkin ◽  
Peter Lukáč ◽  
Nataliia Illiashenko ◽  
Sergii Zapototskyi
Keyword(s):  
Economic Growth ◽  
Growth And Development ◽  
Educational Systems ◽  
Economic Growth And Development ◽  
Sustainable Economic Growth

scholarly journals THE WHISTLEBLOWING AS A CATALYST TO SUSTAINABLE ECONOMIC GROWTH AND DEVELOPMENT IN NIGERIA: A CONCEPTUAL REVIEW

2021 ◽  
Vol 4 (2) ◽  
pp. 104-115
Author(s):  
Sodiq O. Babatunde ◽  
Saheed Ademola Lateef ◽  
Wahid D. Olanipekun ◽  
Haorayau B. Babalola
Keyword(s):  
Economic Growth ◽  
Public Space ◽  
Growth And Development ◽  
Public Institutions ◽  
African Countries ◽  
Whistle Blowing ◽  
Economic Growth And Development ◽  
Transparency International ◽  
The Public ◽  
Sustainable Economic Growth

Abstract: Whistle-blowing activities around the world have generated huge interests from concerned parties such as the financial and public service, as the aftermath of its neglect often has dilapidating effects on the sustainability of economic growth and development of the nation. This is often seen in the 3rd world nations, such as Nigeria. This study aimed to examine the existing phenomenon between whistle-blowing, economic sustainability, growth and development of Nigeria. This study adopted the Theory of Planned Behavior. However, this was a literature review study that basically draws inferences from studies in this field from different continents (i.e. Europe, America, Asia and Africa). Consequently, the objective of this study was to conceptually investigate the whistle-blowing activities in Nigeria as to how it has assisted in curbing corruption in the public space in turn and improving the economic growth and development. In furtherance, this study reviewed events in African countries with close indexation with Nigeria. Therefore, this study concludes that whistle-blowing has a direct impact on sustainable economic growth and development of Nigeria. This is evident in the Transparency International index report. Lastly, this study recommends that whistleblowing policy should be properly implemented in public institutions to achieve minimum involvement of corruption in the country and that whistleblowers should be protected to encourage disclosure of corrupt acts in the public sector. This in turn will assist in the attainment of sustainable economic growth and development. Keyword: Whistleblowing, sustainable economic growth, theory of planned behaviour

scholarly journals Savings, Private Property and Sound Money

2018 ◽  
Author(s):  
Anton Chamberlin ◽  
G.P. Manish
Keyword(s):  
Economic Growth ◽  
Growth And Development ◽  
Time Preference ◽  
Private Property ◽  
Higher Order ◽  
Economic Calculation ◽  
Economic Growth And Development ◽  
Austrian Tradition ◽  
Monetary Order ◽  
Sustainable Economic Growth

The overarching goal of this paper is to provide an answer to the following question from the perspective of economists working within the Mengerian or Austrian tradition: What are the essential pre-requisites and pre-conditions for a process of economic growth and development to take place? In course of our discussion, we focus on three important pre-requisites. First, we look at the implications of the presence of time preference, especially for the importance that savings have for adopting longer and more productive production processes and boosting productivity. Second, we analyze the problem of economic calculation and isolate the important institutional pre-conditions that are necessary for the allocation of higher order goods: private property in higher order goods and the use of money. These institutional pre-conditions, as we discuss, are thus also essential for the process of economic growth. And finally, we discuss the importance of a sound monetary order for generating sustainable economic growth.

scholarly journals Principles of Sustainable Economic Growth and Development: A Call to Action in a Post-COVID-19 World

2021 ◽  
Vol 13 (23) ◽  
pp. 13126
Author(s):  
Victor I. Espinosa ◽  
Miguel A. Alonso Neira ◽  
Jesús Huerta de Soto
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Growth And Development ◽  
State Intervention ◽  
Sustainable Growth ◽  
Market Process ◽  
Economic Growth And Development ◽  
Genuine Savings ◽  
Coercive State ◽  
Sustainable Economic Growth

The analysis of sustainable economic growth and development often focuses on how to control the market process through coercive state intervention. While state interventionism may play a significant role in countries’ progress, entrepreneurship is the driving force behind sustainable growth and development. Entrepreneurship is the people’s judgment on ideas, plans, and projects, which promises profit in uncertain times. Its effects are the creation and transmission of information and social coordination as a dynamic process of identifying and solving human problems. Sustainable development is the widening range of entrepreneurial alternatives open to people, and sustainable growth is a phase of sustainable development that depends on genuine savings to finance increasingly capital-intensive production structures. The degree to which people are entrepreneurs and the direction genuine savings take depend on institutional arrangements. Some institutions are more conducive to sustainable growth and development than others. After reviewing principles of growth and development sustainability, how coercive state intervention influences economic performance is discussed, proposing novel policy conclusions and research avenues to cultivate entrepreneurship and genuine savings in a post-COVID-19 world.

Nexus Between Money Laundering and Sustainable Development Goals

2022 ◽  
pp. 686-703
Author(s):  
Laeeq Razzak Janjua ◽  
Syed Abdul Rehman Khan
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Money Laundering ◽  
Growth And Development ◽  
Growth Process ◽  
Economic Activities ◽  
Industrial Growth ◽  
Economic Growth And Development ◽  
Development Goals ◽  
Sustainable Economic Growth

Money laundering is a hot debate discussion among policymakers, as money laundering usually arises due to theft of money or other illegal activity. Such criminal activities damage every stakeholder of the economic cycle, whether it is trade, productivity, or contribution of the financial sector itself. Due to the fact money laundering makes the industrial growth process very slow and undercuts economic activities, which are essential for the development. This chapter explores the nexus between money laundering as a threat to a sustainable development goal from different angles. The discussion reveals that money laundering negatively impacts economic growth, and the fundamental pillar of sustainable development is economic growth. So can we achieve sustainable economic growth and development without controlling money laundering? The authors conclude it is not possible.

scholarly journals Public Spending on Transport Infrastructure and Economic Growth in Nigeria, 1981-2010

2013 ◽  
Vol 4 (2) ◽  
pp. 438 ◽  
Author(s):  
Amadi Chukwuemeka ◽  
Amadi, Nyekachi Nyewe ◽  
Nyenke, Christian Ugondah
Keyword(s):  
Economic Growth ◽  
Growth And Development ◽  
Public Spending ◽  
Least Square ◽  
Transport Infrastructure ◽  
Transport Sector ◽  
Fiscal Responsibility ◽  
Economic Growth And Development ◽  
Adequate Funding ◽  
Sustainable Economic Growth

<p><em>Transport remains one of the major infrastructural facilities critical for sustainable economic growth and development of any nation including Nigeria. This paper examined public spending on transport infrastructure and economic growth in Nigeria. The study employed the Ordinary Least Square (OLS) regression method to analyze the data collected. The data analyzed show that public spending on transport infrastructure is negatively related to growth and insignificant. The study recommended that government must ensure adequate funding of  transport sector. And that fiscal responsibility laws be properly implemented to ensure greater accountability and prudence in the funds allocated to transport sector. This would go a long way to boost employment, sustainable economic growth and development in Nigeria.</em></p>

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