Financial Structure and Economic Development in Nigieria  Cover Image

Financial Structure and Economic Development in Nigieria
Financial Structure and Economic Development in Nigieria

Author(s): Olusegun Olowe
Subject(s): Economy
Published by: Editura Universităţii din Bucureşti
Keywords: economic development; Nigeria; emerging market

Summary/Abstract: In this study , the measurement of the Nigerian financial interrelation ratio was considered in line with the structure and development of financial system between 1999 and 2008 with a view to examining the incidences of the financial liberalization . The financial intermediation role for Nigeria on current basic prices was computed to determining the extent of stability and /or positive cum negative changes. This is to ensure the involvement of government as well as the degree of financial institutions’ involvement in the economic growth and development of the country. In essence, the results of this study will be of relevance to formulate and execute policy formulation in its entirety. The result of the study revealed a pure neglect in the country with emphasis on financial intermediation. The earlier we put an enhanced financial structure in place, , the better for the economy.

  • Issue Year: 2012
  • Issue No: 15
  • Page Range: 83-91
  • Page Count: 9
  • Language: English