June 2011
Reforms and terms of trade volatility in an agriculture dependent economy
The issue of food crisis and agricultural price volatility were of critical importance in times of globalization. The present paper examined the potential benefits of trade in agricultural products and analyses the macroeconomic implications of commodity price volatility in the context of agricultural trade liberalization. The reference frame was an emerging market economy with a strong presence of...
June 2011
Declining use of univariate analysis in managerial decisions (causes, resorts and effects on corporate governance)
This paper examines the diminishing use of univariate analysis in investment and other managerial decisions in Nigeria. It aims at determining the extent new generation managers use financial ratios for corporate decisions, reasons for declining use of ratios, understand the current resorts and effects of these diminishing use on corporate well-being over the last five years. Twenty corporate bodies were...
June 2011
Financial development and economic growth in Cameroon, 1970-2005
In this work we investigated the relationship between financial development and economic growth in Cameroon using time series data for the period 1970-2005. Using the Johansen method of cointegration analysis and various measures of financial development, we find that financial development has a positive effect on economic growth in the long run through efficient collection and allocation of financial...
June 2011
Hypothetical impacts of Mercoeuro on the Brazilian sugar exports
This study suggests a hypothetical formation of a free trade area between Mercosur and the European Union (EU) with the intention of studying the trade between Brazil and European Union in relation to sugar. Sugar is an important product for the human consumption and Brazil has a great potential for the production and export of the product, due to the abundance of natural and human resources. The question of...
June 2011
A model for a sustainable energy supply strategy for the social-economic development of Togo
Sustainable energy supply is necessary for the economic development of a country. Over 80% of the populations of African countries lack an access to sufficient and sustainable energy. Moreover, 3.5 billion people are without electricity, hence a significant number depends on biomass fuels such as charcoal, wood, dung and crop residues for lighting and cooking. This high dependency on fuelwood and lack of...
June 2011
Training, manpower development and job performance: Perception and relevance among civil servants in Ebonyi State, Nigeria
The paper examined perception and relevance of influence of training and manpower development on employee performance, using civil servants in Ebonyi State, Nigeria as reference. A pre-coded questionnaire was administered on 300 civil servants stratified into three categories: GL 04-06; GL 07-12 and GL 13+. The purpose was to ensure equitable representation of civil servants in the study area and to elicit...
June 2011
Fiscal policy: Its impact on economic growth in Nigeria 1970 to 2006
This study involves comparative analysis of the impact of fiscal policy on economic growth in Nigeria during regulation and deregulation periods. Econometric analysis of time series data from Central Bank of Nigeria was conducted. Results obtained showed that there is a difference in the effectiveness of fiscal policy in stimulating economic growth during and after regulation periods. The impact was...
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