The Impact of Monetary and Fiscal Policies On the Performance of the Industrial Sector in Nigeria: A Bounds Test Approach (Published)
This study explicitly digs into the separated impact of fiscal and monetary policies as government stabilization policies on the Nigerian industrial sector performance as a real sector, from 1986-2021, using the ARDL Bounds Testing Approach. The data were filtered with use of Augmented Dickey Fuller unit root test while Johansen cointegration test was used to justify the long-run relationship among all included variables. Annual data were gathered from the Central Bank of Nigeria (CBN) Statistical Bulletin and World Bank Indicators (various issues). It was discovered that government stabilization policies are potent determinants on the industrial sector output in Nigeria both in the short-run and long-run. An appropriate monetary and fiscal policies mix and adjustments to match the dynamic nature of the economy would not only develop and sustain the Nigerian industrial sector but also enhance the living standard of the people.
Citation: Emmanuel Oghenekome Akpoghelie (2022) The Impact of Monetary and Fiscal Policies On the Performance of the Industrial Sector in Nigeria: A Bounds Test Approach, Global Journal of Arts, Humanities and Social Sciences, Vol.10, No.4, pp.1-22
Keywords: COVID-19, Fiscal Policy, Monetary Policy, bounds test approach, industrial output, stabilization policy
Covid-19and Education: A Case for Experiential Learning Theory (Published)
Education is a key player in addressing any social problem; it provides individuals with the necessary skills and knowledge to cope with any eventuality. Conceiving the fact that the school is a veritable tool to fixing the society in all spheres of life, including outbreak of diseases such as COVID-19, this study makes a case for Experiential Learning Theory (ELT) as an appropriate pedagogical approach so that information and facts about the disease can be brought to real life situations. Opinions and ideas on COVID-19 were obtained from secondary sources and analysed qualitatively leading to the suggestion that schools should reopen for students to leverage the opportunities which COVID-19 has presented to education.
Keywords: : Experiment, COVID-19, Disease, Learning, Teachers, distancing