"Understanding economic recession, the role and limitations of monetary" by Mustapha Adewale Adigun

Bullion

Title

Understanding economic recession, the role and limitations of monetary policy in recovery

Authors

Mustapha Adewale Adigun, Central Bank of NigeriaFollow

Keywords

Economic recession, Economic recovery, Monetary policy

Abstract

This article examines the causes and effect of economic recession, highlights the role of monetary policy in economic recovery from a recession and proposes appropriate policy options to address the menace of recession with a view to promote economic recovery. Following the introduction, section 2 addresses the definition, causes, features and brief history, section 3 discuss recent economic recession in Nigeria, section 4 highlights the role of monetary policy and section 5 concludes the paper.

Author Bio

The author is a staff of the Research Department, Central Bank of Nigeria.

Publication Title

CBN Bullion

Issue

Volume

Recommended Citation

Adigun, Mustapha Adewale (2018) "Understanding economic recession, the role and limitations of monetary policy in recovery," Bullion: Vol. 42: No. 1, Article 5.
Available at: https://dc.cbn.gov.ng/bullion/vol42/iss1/5

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