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COMPARATIVE AND IMPACT ANALYSIS OF CURRENCY REDENOMINATION IN NIGERIA

 

Marketed By :  VDM Verlag Dr. Müller   Sold By :  Kamal Books International  
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This research investigated the conditions under which Nigeria as a nation should engage in currency redenomination. Comparative analysis was employed on some countries that have redenominated. There are obvious potential economic costs and benefits to the exercise as well as political risks and social challenges. What is clear is that, the implementation of this policy must go along side stabilization policy to make it more effective. In conclusion, if Nigeria finally decides to choose this policy course, the chances of success depends a lot on how it handles the socio-political and economic challenges attendant to the policy. For instance, in the case of the Turkish government, its redenomination program was well publicised and thus great cooperation was acheived in the implementation of the policy. This resulted in a huge success in the macroeconomy . So, whenever the Nigerian government intends to redenominate the Naira, it should be well publicised, and this will create trust between the public and the government and eventually bring economic stability.

Product Specifications
SKU :COC69252
AuthorJULIET ONUWABHAGBE ONONGHA
LanguageEnglish
BindingPaperback
Number of Pages108
Publishing Year2011-04-22T00:00:00.000
ISBN978-3639340679
Edition1 st
Book TypeEconomics
Country of ManufactureIndia
Product BrandVDM Verlag Dr. Müller
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-08 00:00:00
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