The Impact of External Debt on the Growth and Development of the Nigerian Economy 19802010

The Impact of External Debt on the Growth and Development of the Nigerian Economy (1980-2010)

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Reference ID: PS-5593-TM

DEDICATION

This research material titled “The Impact of External Debt on the Growth and Development of the Nigerian Economy (1980-2010)” is dedicated to God for his enabling grace, and to all computer enthusiasts who contributed to make life a pleasant experience during my research documentation.

ACKNOWLEDGEMENT

I extend my sincere gratitude to all those who contributed to the completion of this project. Special thanks to my Supervisor (Name of your Supervisor), the Head of Department (Name of your HOD), the Lecturers in the department of Computer Science Education, Book Authors and Profound Scholars of existing or related project material on “The Impact of External Debt on the Growth and Development of the Nigerian Economy (1980-2010)” for their invaluable guidance, support, and expertise throughout the journey.

I am also grateful to your study area (mention any funding organizations, if applicable) for their financial assistance. This research would not have been possible without the encouragement and assistance of some stakeholders (mention any mentors, teachers, or colleagues). Additionally, I would like to acknowledge the understanding and patience of my family and friends during this endeavor. Your unwavering support has been a constant source of motivation. Thank you all for being part of this meaningful endeavor.

TABLE OF CONTENTS

PRELIMINARY PAGES


CHAPTER ONE

INTRODUCTION


    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • 2.4 Empirical Studies

    CHAPTER THREE

    RESEARCH METHODOLOGY

    • 3.1 Introduction
    • 3.2 Research Design
    • 3.3 Population of Study
    • 3.4 Sampling and Sampling Technique
    • 3.5 Validation of Research Instrument
    • 3.6 Method of Data Collection
    • 3.7 Method of Data Analysis
    • 3.8 Questionnaire Administration
    • 3.9 Ethical Consideration
    • 3.10 Statistical Analysis

    CHAPTER FOUR

    DATA ANALYSIS, RESULT AND DISCUSSION

    • 4.1 Introduction
    • 4.2 Presentation and Analysis of Data
    • 4.3 Re-statement of Research Questions
    • 4.4 Test of Hypotheses
    • 4.5 Discussion of Findings

    CHAPTER FIVE

    SUMMARY, CONCLUSION AND RECOMMENDATION

    • 5.1 Introduction
    • 5.2 Summary of Findings
    • 5.3 Conclusion
    • 5.4 Recommendation
    • 5.5 Suggestion for Further Study

    REFERENCES

    APPENDIX A - “QUESTIONNAIRE”

    ABSTRACT

    The study empirically investigate the relationship between external debt, growth and development of the Nigerian Economy. The study covered a period of 31years from 1980 to 2010. Data on external debts for example Paris Club debts, London Club debts, Multilateral creditors, promissory notes and External debt service payment of Nigeria were used in establishing the relationship and the degree of significance. Multiple Regression analysis was used in order to establish the nature and Degree of the relationship between the independent variables and the dependent variable i.e. The Gross Domestic Product of Nigeria (GDP).

    The study found out that external debts and external debt service payment significantly influence the Gross Domestic Product of Nigeria. The study, therefore, inferred that external debts in Nigeria have made Positive and Negative contributions to the growth and development of Nigeria Economy during the period covered by this study. However, the Nigerian government should investigate the reasons behind the negative contribution of external debt to the Gross Domestic Products of the country with a view to unveiling the bottlenecks and correct them. Efforts should be made to borrow with caution in order to avoid the negative side of external debts


    The Impact of External Debt on the Growth and Development of the Nigerian Economy (1980-2010)

    CHAPTER ONE

    1.1 Introduction

    … As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the Aim and Objectives of the study. Others are Significance of the study, Scope of work, Research hypothesis and questions, Limitation of the study and Definition of technical terms.

    CHAPTER TWO

    2.0 Literature Review

    2.1 Introduction

    This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the …

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