Effect Of Unemployment On Economic Growth And Development Of Nigeria Pdf

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effect of unemployment on economic growth and development of nigeria pdf

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View My Stats. The results of previous research on the relationship between economic growth and poverty have shown inconclusive results. This could be due to the fact that the relationship between these variables is indirect. Therefore, this study tries to introduce employment opportunity as a mediating variable.

Unemployment and its Effects on Economy. A Case Study

Entrepreneurs are a rare species. Yet entrepreneurs, particularly innovative entrepreneurs, are vital to the competitiveness of the economy. The gains of entrepreneurship are only realized, however, if the business environment is receptive to innovation. Entrepreneurs boost economic growth by introducing innovative technologies, products, and services. Increased competition from entrepreneurs challenges existing firms to become more competitive. Entrepreneurs provide new job opportunities in the short and long term. Entrepreneurial activity raises the productivity of firms and economies.

In this article, an attempt is made to identify the Effect of Unemployment on Economic Growth in Nigeria from At one per cent increase in unemployment lead to 0. This implies that when unemployment increase is bringing the falling down the level of GDP in the economy. Another policy implication of this study is that government should embark on labor intensive technique of production as against capital intensive and also close the border to some extent which is the likely measure to reduce unemployment and Inflation and increase domestic output level GDP. Downloads Download data is not yet available.

This site uses cookies to optimize functionality and give you the best possible experience. If you continue to navigate this website beyond this page, cookies will be placed on your browser. Nigeria is a multi-ethnic and culturally diverse federation which consists of 36 autonomous states and the Federal Capital Territory. The political landscape is partly dominated by the ruling All Progressives Congress party APC which holds out of seats at the National Assembly; 64 out of seats in the Senate; and 19 out of 36 State Governors. Since , the Nigerian security landscape has been consistently shaped by the war against Boko Haram terrorist group in the northern states. This adds to a lasting crisis in the oil-rich Niger Delta, where several non-state armed groups attack oil companies and state-owned pipelines. Nigeria is highly vulnerable to the global economic disruption caused by COVID, particularly due to the pronounced decline in oil prices and spikes in risk aversion in global capital markets.

Read this article to learn about bad effects of unemployment on Economic Growth! Unemployment is a big problem which effects the economic growth of the country. It has following bad effects:. Due to unemployment labourers are exploited. They have to accept low wages and work under un-favourable conditions. Industrial disputes arise because of unemployment.

The industrial sector has been identified as one of the means to address the issue of unemployment due to its role in ensuring sustainable development. However, evidence from the Central Bank of Nigeria Statistical Bulletin reveals that the sector lags behind the agricultural and services sector in terms of its contribution to the gross domestic product. In light of this, the purpose of this paper is to ascertain whether the industrial sector development is a veritable tool in addressing the issue of unemployment in the long run for the Nigerian economy. In order to determine whether industrial development is a veritable tool in addressing the issue of unemployment in the long run, the study makes use of the Autoregressive Distributed Lag model. The choice of this method over the commonly used Johansen co-integration approach is that it provides the mechanism to estimate the model in the presence of different order of integration among the macroeconomic variables; it allows us to combine and I 0 and I 1 series, while there is strict assumption of I 1 for all variables under the Johansen approach.

Чатрукьян заколебался. - Коммандер, мне действительно кажется, что нужно проверить… - Фил, - сказал Стратмор чуть более строго, - ТРАНСТЕКСТ в полном порядке. Если твоя проверка выявила нечто необычное, то лишь потому, что это сделали мы. А теперь, если не возражаешь… - Стратмор не договорил, но Чатрукьян понял его без слов.

Интуиция подсказывала ей спасаться бегством, но у нее не было пароля от двери лифта. Сердце говорило ей, что она должна помочь Стратмору, но. Повернувшись в полном отчаянии, она ожидала услышать шум смертельной борьбы на полу, но все было тихо. Все вдруг сразу же смолкло: как если бы Хейл, сбив коммандера с ног, снова растворился в темноте. Сьюзан ждала, вглядываясь во тьму и надеясь, что Стратмор если и пострадал, то не сильно.

Не в силах сдержать нетерпение, Беккер попытался позвонить снова, но по-прежнему безрезультатно. Больше ждать он не мог: глаза горели огнем, нужно было промыть их водой. Стратмор подождет минуту-другую.

 - Она встряхнула волосами и подмигнула. - Может быть, все-таки скажете что-нибудь. Что помогло бы мне? - сказал Беккер. Росио покачала головой: - Это .

2 Comments

  1. Yunca C. 22.04.2021 at 11:37

    The Granger causality test shows a unidirectional relationship between unemployment and Nigeria's economic growth. The linear relationship of the population growth signifies that government should encourage natality rate with robust quality education and human capital development.

  2. Daniel F. 23.04.2021 at 16:46

    This study was carried out to examine the causes of unemployment in Nigeria and its effects on the economy of the country.