Global Financial Crisis and Nigeria Economy

Arinze Ngwube

Global Financial Crisis and Nigeria Economy

Arinze Ngwube * §

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§ Federal University Oye-Ekiti

Global Financial Crisis and Nigeria Economy

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Abstract

This paper discusses the global financial crisis and Nigeria Economy. The crisis started with the US mortgage default cumulated to the system wide credit collapse and finally to the collapse of the global economy. The causes of the crisis are discussed in point. The New classical framework for the explanation of the current economic crisis is given. The ordinary least square Technique of analysis will be adopted; dummies will be used to capture qualitative variables. Also highlighted are the effects of the crisis on the Nigerian economy. Measures for overcoming the problems are advanced. The paper concludes that the crisis provide an opportunity and rationale to move more quickly to address overdue reforms in areas as diverse as financial regulation and inclusion, trade competition and public sector improvement in the Nigerian economy.

References

9 Cites in Article

Reference Format

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Arinze Ngwube. 2014. "Global Financial Crisis and Nigeria Economy". Global Journal of Management and Business Research, Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 14 (GJMBR Volume 14 Issue B4).

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GJMBR Volume 14 Issue B4

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords

Economy financial inclusion global financial crisis Nigeria

Classification

GJMBR-B Classification JEL Code: F63

F69

G10

Submission ReceivedDecember 11, 2013
Peer Review Double Blind
Handling Editor
Accepted January 3, 2014
Published January 15, 2014

Version of record

v1.2

Issue date

July 3, 2014

Language

English

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Article Matrices

Total Score: 149

Country: Nigeria

Subject: Global Journal of Management and Business Research

Authors: Arinze Ngwube, Mattew Ogbuagu (PhD/Dr. count: 0)

View Count (all-time): 292

Total Views (Real + Logic): 1558

Total Downloads (simulated): 121

Publish Date: 2014 01, Wed

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Total Views: 1.6K

Total Downloads: 121

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