Central Bank of Nigeria.
Domestic economic growth, Trading partners, Income, Foreign Direct Investment (FDI), Gross Domestic Product (GDP)
The paper is a review of the paper "How much do trading partners matter for economic growth? by Vivek Arora and Athanasios Vamvakidis". The paper empirically examined the extent to which a country's long-term economic growth was influenced by the economic fortune of its trading partners. The study used panel data for over 100 countries to see if trading partners' growth had a strong effect on domestic growth. A strong relationship was found between the economic growth of a country and the economic conditions of its trading partners.
CBN Economic and Financial Review
Yilkudi, D. J. (2009). How much do trading partners matter for economic growth? by Vivek Arora and Athanasios Vamvakidis : a review. Economic and Financial Review, 47(3), 129-136.