Phd Thesis On Inflation Targeting

Phd Thesis On Inflation Targeting-64
You do not need to contact us to get a copy of this thesis.Please use the 'Download' link(s) above to get a copy. If you need to make a general enquiry, please see the Contact us page.Essentially, it is a systematic study of the implications of monetary policy in Nigeria, while paying attention to the peculiarities of the Nigerian economy and using a rigorous up-to-date framework.

You do not need to contact us to get a copy of this thesis.Please use the 'Download' link(s) above to get a copy. If you need to make a general enquiry, please see the Contact us page.Essentially, it is a systematic study of the implications of monetary policy in Nigeria, while paying attention to the peculiarities of the Nigerian economy and using a rigorous up-to-date framework.

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This is congruous with the propositions of the New consensus macroeconomics (NCM) and synonymous with the somewhat widespread practice of inflation targeting.Since the formal adoption of IT, a one percentage point drop in average inflation to 14% was recorded.Overall, a consistent decline in average inflation has been witnessed across the different policy frameworks.The first essay reviews Ghana’s inflationary history from pre-independence to the current era and assesses the myriad of historical monetary policy frameworks and inflation management tools employed by successive political regimes.Average inflation of 31% was recorded during the monetary targeting regime up to 1991 where credit controls were instituted.Decadal and 5-year analyses of Ghana’s inflation since 1960 also confirm the overall downward trend of Ghana’s inflation to the present day.Since 2012, a burgeoning of a creeping inflationary spiral is evident.They generally suggest that the use of interest rate policies tended to create more problems than it can solve.Hence, to avert the associated problems, there is a need for other instruments which the central bank can control effectively.We use cookies to offer you a better experience, personalize content, tailor advertising, provide social media features, and better understand the use of our services.To learn more or modify/prevent the use of cookies, see our Cookie Policy and Privacy Policy.

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