IDEAS home Printed from https://ideas.repec.org/a/icf/icfjae/v05y2006i1p53-68.html
   My bibliography  Save this article

An Economic Analysis Of Growth, Unemployment And Poverty In Nigeria

Author

Listed:
  • Tokunbo Simbowale Osinubi

Abstract

Nigeria is a nation that is endowed with multifarious and multitudinous resources-both human and material. However, due to gross mismanagement, profligate spending, kleptomania and adverse policies of various governments of Nigeria, these resources have not been optimally utilized; these resources have not been adequately channeled to profitable investments to bring about maximum economic benefits. As a result of the foregoing, Nigeria has been bedeviled with unemployment and poverty. Economic growth, which is supposed to be a solution to the problems of unemployment and poverty, appears not to be so in Nigeria. Nigeria s official statistics show that economic growth has not always been accompanied by decline in unemployment and poverty. It is in this respect that this study finds it worthwhile to address the following questions using time series data for a 31-year period, 1970-2000: (a) what is the nature of relationship between poverty, unemployment and growth in Nigeria? (b) what steps should be taken to ensure that growth is such that brings about decrease in unemployment and poverty in Nigeria?

Suggested Citation

  • Tokunbo Simbowale Osinubi, 2006. "An Economic Analysis Of Growth, Unemployment And Poverty In Nigeria," The IUP Journal of Applied Economics, IUP Publications, vol. 0(1), pages 53-68, January.
    • Handle: RePEc:icf:icfjae:v:05:y:2006:i:1:p:53-68
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nurudeen Abu, 2017. "Does Okun’s Law Exist in Nigeria? Evidence from the ARDL Bounds Testing Approach," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 11(2), June.
    2. Ademola Obafemi YOUNG, 2019. "Why Has Growth Not Trickled Down to the Poor? A Study of Nigeria," Review of European Studies, Canadian Center of Science and Education, vol. 11(1), pages 156-156, December.
    3. Sibusiso Clement Makaringe & Hlalefang Khobai, 2018. "The effect of unemployment on economic growth in South Africa (1994-2016)," Working Papers 1815, Department of Economics, Nelson Mandela University, revised Mar 2018.
    4. Emmanuel Okokondem Okon & Onoja Israel Monday, 2017. "Empirical and Evidence-Based Investigation: External Debt, Poverty and Economic Growth Nexus," International Journal of Applied Economics, Finance and Accounting, Online Academic Press, vol. 1(1), pages 37-47.
    5. Richardson Kojo Edeme & Evelyn Osaretin Ogbeide & A. Ifelunini Innocent & Sam Ugwu, 2017. "Exam nat on of the Dynam c Relationship Between Poverty and Inequal ty: Ev dence from N ger a M cro Data," International Journal of Economics and Financial Issues, Econjournals, vol. 7(2), pages 518-523.
    6. Mamoon, Dawood & Hyat, Fozia & Hassan, Shahid, 2018. "Lumping Together Democracy and Dictatorship: Has Macro Dynamics of Poverty Remained Steady in Pakistan," MPRA Paper 87672, University Library of Munich, Germany.

    More about this item

    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:icf:icfjae:v:05:y:2006:i:1:p:53-68. 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: G R K Murty (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.