Central Bank of Nigeria
Finance, Economic Growth, Policy Options, Emerging Economies, Developing Economies, Nigeria
This paper attempts to address the issues of the major impediments to mobilising investment funds, and the appropriate policies for achieving and guaranteeing finance for growth, by assessing the performance of financial policies of selected EMEs in mobilising financial resources for economic growth, and identifying policy options necessary for achieving finance for growth. The rest of the paper is organised as follows. Section 2 discusses the basic characteristics of emerging economies (EMEs), and Section 3 positions Nigeria among the EMEs within the context of finance for growth. Section 4 deals with challenges and constraints of Nigeria in achieving finance for growth, and Section 5 provides possible policy options and conclusion.
CBN Economic and Financial Review
Olayiwola, Wumi; Okoduwa, Henry and Osubuohien, Evans (2011). Finance for Growth and Policy Options for Emerging and Developing Economies: Nigeria. CBN Economic and Financial Review. 49(4), 133-159.