IDEAS home Printed from https://ideas.repec.org/h/eme/csefzz/s1569-37592022000108a031.html
   My bibliography  Save this book chapter

Sources of Economic Policy Uncertainty in Nigeria: Implications for Africa

In: Managing Risk and Decision Making in Times of Economic Distress, Part A

Author

Listed:
  • Peterson K. Ozili

Abstract

Purpose:This chapter looks specifically at the sources of economic policy uncertainty in Nigeria, and discusses their impact on the Nigerian economy while drawing implications for Africa. It identifies factors that transmit uncertainty in economic policy in Nigeria and draw implications for other African countries. Methodology:This chapter uses a literature survey methodology to identify the sources of economic policy uncertainty in Nigeria. Findings:The identified sources of economic policy uncertainty in Nigeria are: the frequent changes in central bank policy, unexpected changes in government policy, political interference, unexpected fall in global oil price, recession, and unethical practices. Implications:The implication of the study is that rising economic policy uncertainty in Nigeria can have a significant effect on the Nigerian economy and for connected African countries. Originality:Previous studies have not examined the sources of economic policy uncertainty in Nigeria.

Suggested Citation

  • Peterson K. Ozili, 2022. "Sources of Economic Policy Uncertainty in Nigeria: Implications for Africa," Contemporary Studies in Economic and Financial Analysis, in: Managing Risk and Decision Making in Times of Economic Distress, Part A, volume 108, pages 37-50, Emerald Group Publishing Limited.
  • Handle: RePEc:eme:csefzz:s1569-37592022000108a031
    DOI: 10.1108/S1569-37592022000108A031
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/S1569-37592022000108A031/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers

    File URL: https://www.emerald.com/insight/content/doi/10.1108/S1569-37592022000108A031/full/epub?utm_source=repec&utm_medium=feed&utm_campaign=repec&title=10.1108/S1569-37592022000108A031
    Download Restriction: Access to full text is restricted to subscribers

    File URL: https://www.emerald.com/insight/content/doi/10.1108/S1569-37592022000108A031/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers

    File URL: https://libkey.io/10.1108/S1569-37592022000108A031?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Economic policy uncertainty index; bankruptcy; investment; trade; financial institutions; systemic risk; government policy; fiscal policy; monetary policy; political interference; Nigeria; D81; E02; F31;
    All these keywords.

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • F31 - International Economics - - International Finance - - - Foreign Exchange

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:csefzz:s1569-37592022000108a031. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.