TAILIEUCHUNG - Impact of deficit financing on economic stability in Nigeria: Analysis of economic growth

Nigeria has been financing budget deficit overtime but their implications on economic stability have not been fully ascertained. This study sought to investigate the implications of deficit financing on economic stability in Nigeria between 1970-2013. The study adopted regression analysis. The study revealed that External Source of Deficit Financing (EXF), Non-banking Public Source of Deficit Financing (NBPF) and Exchange Rate has significant and positive implications on Economic Stability proxy for Gross Domestic Product (GDP), while Ways and Means Source of Deficit Financing (WM), Banking System Source of Deficit Financing (BSF) and Interest Rate (INTR) has negative implications on economic stability in Nigeria. The implication is that government deficit financing through External Source of Deficit Financing (EXF) and Non-banking Public Source of Deficit Financing (NBPF) will maintain economic stability while government deficit financing through Banking System Source of Deficit Financing (BSF) and Ways and Means Source of Deficit Financing (WM) will reduce economic growth thereby causing instability in the economy. We, therefore, recommend that deficit financing in Nigeria should be focused on the productive sectors of the economy. This is because deficit financing has merely resulted in economic instability indicating that sound policies are needed to achieve economic stability in Nigeria. | Impact of deficit financing on economic stability in Nigeria: Analysis of economic growth

• Kinh tế học
• Deficit financing
• Economic stability
• Economic growth
• Ways and means
• Banking system
• Fiscal deficit
• Money supply
• Monetary policy formulation
• Fiscal deficits financing
• Short run are found
• Lecture Macroeconomics
• Kinh tế vĩ mô
• Macroeconomic problems
• International macroeconomic policy issues
• Financing the deficit
• Cyclical deficit
• Lecture Economics
• Economic policy
• Kinh tế học
• International economic
• Cyclical deficits
• Merchant banking
• Retail banking
• Lecture Retail and merchant banking
• History of Banking
• Banking system in Pakistan
• Summary of Ph D thesis
• Finance Banking
• Firms’ investment – cash flow relationship
• Context of state ownership
• Banking system reform in Vietnam
• Banking system reform
• Pakistan Banking
• History of Pakistan Banking
• Branch banking
• Unit banking
• Group Banking
• Universal banking
• International journal of computer science & communication networks
• Role of expert system in banking sector
• Expert system in banking sector
• The large scale industries
• The role of expert system in Banking Sector
• Financial inclusion and growth of Indian banking system
• Financial inclusion of Indian banking system
• Growth of Indian banking system
• Challenges for financial inclusion
• Financial inclusion plays
• bank loans
• commercial banking
• lending
• banking
• banks in Vietnam
• the banking system
• credit forms
• Asset management banking
• Basic lending principles
• Public issue management
• Banking supervision
• Banking operations
• Banking practices globally
• Role of the supervisor
• Banking companies ordinance
• Bank regulation
• Foreign exchange markets financial markets
• Foreign banking services
• Banking Financial Services
• Research banks The banking system
• Banking International Economics
• Venture capital
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• Project cost
• Profitability management
• Safety Issues
• Classification of loans