Godwin Akpokodje

Exchange rates have been highly volatile in Africa, especially since the move to a floating exchange rate system beginning in the 1980s. Generally, the pattern of exchange rate changes differs between Africa's two main sub-groups (CFA and non-CFA groups) due to the different monetary/exchange rate systems they adopted. This article therefore examin...

This study examines the impact of trade liberalization on Nigeria's trade flow. It covers the period from 1973 to 2006 and employs the Ordinary Least Squares (OLS) and Generalized Method of Moment (GMM) techniques. Results reveal among other findings that all categories of export except oil perform better during the trade liberalization period than...

Exchange rates have been highly volatile in Africa especially since the move to a floating exchange rate system with negative repercussions for trade, investment and growth. The paper empirically compares the effect of exchange rate volatility on the exports of the panel of Communaute Financiere Africaine (CFA) countries with that of the non-CFA co...

Exchange rate reform (combined with trade policy reforms) under Nigeria’s economic reform programme was anticipated to diversify the export base of the economy from oil to non-oil exports through competitiveness in the relative price of non-oil exports in addition to reducing imports, especially of consumer goods. This study investigates the effect...

The volatile nature of exchange rates especially since the demise of the Bretton Woods system of exchange rates and the consequent adoption of a flexible one was a major source of concern to developing countries. The anxiety principally was that exchange rates are more volatile in a floating regime, thereby constituting a source of risk to trade an...

This study examines the effect of macroeconomic factors on private investment in the ECOWAS sub-region during the period 1986-2004. Descriptive analysis revealed that private investment is low in most ECOWAS countries and this has affected their output in terns of low growth and Gross Domestic Product (GDP). Suggesting that the low living standard...

The present study was jointly implemented by WARDA and NISER within the context of the USAIDfunded project “The Nigerian Rice Economy In A Competitive World: Constraints, Opportunities And Strategic Choices”. The implementation of the survey benefited from the assistance of Yussuf Rotimi Rabiu, Zakariyah Olayiwola Amoo, Gbadebo Odularu, Michael Til...

The effect of export earnings fluctuations on capital formation in Nigeria