THE DETERMINANTS OF INVESTMENT DEMAND IN A DEVELOPING ECONOMY
THE DETERMINANTS OF INVESTMENT DEMAND IN A DEVELOPING ECONOMY
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Date
2000-05
Authors
EDET, HELEN EFFIONG
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Abstract
With respect to existing theories of investment demand we hold the
view that some do not provide adequate explanation to aggregate
investment behaviour in a developing economy.
This is due to the fact that the co-operating factors such as Human
Capital, technology and raw materials needed to make a given
investment profitable are not given much attention . Whereas, in
developed economies, these cooperating factors are relatively
abundant and, therefore, do not affect investment decisions. In
developing economy the cooperating factors earlier mentioned places
as serious limitation to the amount and rate of investment possible
because of the relative scarcity.
Nigeria today would not have been dependent on oil revenue alone,
but adequately self sufficient if its material and natural resources
were provided with valuable transparent and appropriate investment
outlet, but due to political, social and security inconsistency, Nigeria
cannot boast of economic development.
The lack of sustainable communication net-work and poorly in
adequate information on area of investment have by and large
tendered Nigeria an unfriendly environment for investment for both
local and foreign investors.
It is therefore our position to find, evaluate and communicate
solution that will make Nigeria move forward in terms of economic
development.
Description
A PROJECT SUBMITTED TO THE POST GRADUATE SCHOOL,
AHMADU BELLO UNIVERSITY, ZARIA,
IN PARTIAL FULFILMENT OF THE REQUIREMENTS FOR THE
AWARD OF THE DEGREE OF MASTERS IN BUSINESS
ADMINISTRATION (MBA)
DEPARTMENT OF BUSINESS ADMINISTRATION FACULTY OF
ADMINISTRATION AHMADU BELLO UNIVERSITY
ZARIA
MAY 2000
Keywords
DETERMINANTS,, INVESTMENT,, DEMAND,, DEVELOPING ECONOMY