February 2009

Export diversification as a promotion strategy for intra-ECOWAS trade expansion

  This paper discusses how ECOWAS members could adopt export diversification strategies in fostering export-led economic growth. Since ECOWAS members are heavily dependent on commodity export and are therefore vulnerable to external shocks, export diversification is one of the strategies for trade expansion, stability in export earnings and increased per capita income. However, studies have revealed that export...

Author(s): G. O. Odularu

February 2009

Modeling the impact of financial innovation on the demand for money in Nigeria

The demand for money is a very crucial in the conduct and determination of the effectiveness of monetary policy. This study attempts to analyse whether financial innovations that occurred in Nigeria after the Structural Adjustment Programme of 1986 has affected the demand for money in Nigeria using the Engle and Granger Two-Step Cointegration technique. Though the study revealed that demand for money conforms to the...

Author(s): Gbadebo Olusegun Odularu and Oladapo Adewale Okunrinboye

February 2009

Internationalization of Cameroonian small and middle enterprises (SMEs): Myth or reality?

  This article comes within the framework of the management challenges thematic associated with the internationalization of Small and Middle Enterprises (SMEs) in developing countries. The objective that we continue in this work is to identify -on the basis of an empirical study- the strategies developed by SMEs in Cameroon in order to ensure their success abroad and the factors explaining the choice of these...

Author(s): Bello. P