AN EVALUATION OF THE IMPACT OF BANKING SECTOR REFORMS ON ECONOMIC GROWTH IN NIGERIA (1986 – 2009)
AN EVALUATION OF THE IMPACT OF BANKING SECTOR REFORMS ON ECONOMIC GROWTH IN NIGERIA (1986 – 2009)
No Thumbnail Available
Date
2012-11
Authors
DARAMOLA, RITA YEMISI
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
This thesis work examines the effects of banking sector reforms
on economic growth in Nigeria from 1986 – 2009. The choice of
this period is to enable us focus strictly on the era of liberalization
and consolidation of the banking sector. The study employed
ordinary least squares (OLS) to estimate a set of disaggregated
growth equations in order to properly locate the impact of the
banking sector reforms on economic growth, for the four sectors
of the economy and GDP. The model is disaggregated into five –
equation regression models. The result of the study revealed a
positive relationship between banking sector reforms and
economic growth. Specifically the findings showed that banking
consolidation reform (2004) impacts more positively on economic
growth than the banking liberalization (1986) reform. Based on
the findings of the study and in recognisition of the key role the
banking sector plays in economic growth, the study recommends
that, for government to stimulate growth, there should be proper
channeling of resources to the real sectors. Government should
also ensure strict regulatory measures to regulate the banking
sector to improve private sector performance in Nigeria.
Description
A THESIS SUBMITTED TO THE POST –
GRADUATE SCHOOL,AHMADU BELLO
UNIVERSITY, ZARIA
IN PARTIAL FULFILMENT OF THE
REQUIREMENTS FOR THE AWARD OF DEGREE
OF MASTERS OF SCIENCE (ECONOMICS).
NOVEMBER, 2012.
DECLARATION
Keywords
EVALUATION,, IMPACT,, BANKING,, SECTOR REFORMS,, ECONOMIC GROWTH,, NIGERIA (1986 – 2009).