Footnote:
In: Okafor, S. O., Ezeaku, L. C., Eyiuche, A. C. & Okeke, N. C. (2005). Economics of budgeting in Nigeria during civilian and military era: A comparative dynamic analysis. Journal of Economic Studies, 5(1): 13-20
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments March 2005 erstellt
Description:
The article re-examined Zik’s view on possible integration of the military into the Nigerian polity for sustainable democracy and economic growth. Designed essentially as a descriptive survey, the study adopted a comparative dynamic analysis. Data covering the period 1970-2002 were those of the Federal Office of Statistics, Abuja. Statistical techniques employed were the descriptive statistics of M, SD and per cent as well as the inferential statistics of t values, V, and time series of relatives. Results indicate that’s:1. Budgeting was more effectively employed during the civil rule for the provision of social goods and services.2. Exchange rates under the military were relatively more stable.3. Budgeting was used more effectively under military for the attainment of price stability.4. Inflation in Nigeria was neither purely a military nor civil phenomenon. Recommendation was proffered based on the conclusion that the military constituted a relevant factor in Nigeria’s economic development