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This study investigates the presence of currency substitution in eight African countries- Egypt, Morocco, Nigeria, Ghana, Kenya, South Africa, Tunisia and Zambia- for the period 1976 to 2005 using both regional and US dollar as anchor currencies. We find that currency substitution is prevalent in Ghana and Nigeria when CFA franc is used as an anchor currency. However, when US dollar is used as an anchor currency there is no evidence of currency substitution in Ghana but we still observe the presence of currency substitution in Nigeria. Also we find presence of currency substitution in South Africa but not in Egypt when the US dollar is the anchor currency. For Kenya, Tunisia and Zambia there is no evidence of currency substitution irrespective of the anchor currencies considered. In the case of Morocco, we observe no evidence of currency substitution when the Egyptian pound is used as anchor currency but there is weak evidence of currency substitution when the US dollar is considered.
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SIMILAR ACCOUNTING FINAL YEAR PROJECT RESEARCH TOPICS
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1. THE EFFECT OF INFORMATION TECHNOLOGY ON ACCOUNTING RECONCILIATION (A CASE STUDY OF THE BANKING INDUSTRY)
» CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY The introduction and usage of information and communication technology ideas, techniques, policies an...Continue Reading »Item Type & Format: Project Material - Ms Word | 70 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
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2. FINANCIAL MANAGEMENT AND SURVIVAL OF COOPERATIVE SOCIETIES IN NIGERIA
» ABSTRACT This research examines Financial Management and Survival of Cooperative Societies in Nigeria with special reference to Yaba College of Techno...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
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3. BUDGETING AND BUDGETARY CONTROL IN BUSINESS ORGANIZATION
» CHAPTER ONE INTRODUCTION 1.1 BACK GROUND OF THE STUDY A budget is a financial and a quantitative statement prepared prior to a defined period of time ...Continue Reading »Item Type & Format: Project Material - Ms Word | 94 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
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4. EFFECTIVE INTERNAL CONTROL SYSTEM AS A MEANS OF FRAUD PREVENTION AND DETECTION IN HOSPITAL MANAGEMENT (A STUDY OF ALUTA HOSPITAL, OLEH)
» CHAPTER ONE INTRODUCTION 1.1 Background of the Study No economic entity can progress when there is fraud in the operations of its management. Fraudule...Continue Reading »Item Type & Format: Project Material - Ms Word | 48 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
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5. IMPACT OF INFORMATION AND COMMUNICATION TECHNOLOGY ON ORGANIZATION PERFORMANCE. (A CASE STUDY OF ZENITH BANK PLC
» CHAPTER ONE 1.0 BACKGROUND TO THE STUDY The world today is shaped by the advancement in the field of information and communication technology (ICT). T...Continue Reading »Item Type & Format: Project Material - Ms Word | 73 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
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6. RISK MANAGEMENT IN FINANCIAL INSTITUTION IN NIGERIA (A CASE STUDY OF THE UNION BANK PLC )
» CHAPTER ONE INTRODUCTION 1.1 Background of the Study Financial industries, organisation both private a d public operation in the world of uncertainty....Continue Reading »Item Type & Format: Project Material - Ms Word | 47 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
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7. THE IMPORTANCE OF COST ACCOUNTING SYSTEM IN MANUFACTURING INDUSTRIES. [A CASE STUDY OF NORTHERN CABLE PROCESSING MANUFACTURING CORPORATION (NACACO)]
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8. E-PROCUREMENT IMPLEMENTATION AND SUPPLY CHAIN INTEGRATION AMONG LARGE SCALE MANUFACTURING FIRMS IN NAIROBI, KENYA
» ABSTRACT The purpose of this study was to establish the effect of e procurement implementation and business integration among large scale manufacturin...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
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9. ASSESSING BOOK KEEPING PRACTICES OF SMALL SCALE ENTERPRISE
» Abstract The economy of Nigeria cannot function properly or thrive without the micro, small and medium scale enterprises (SMEs). These small scale ent...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
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10. PROBLEMS AND PROSPECTS IN FINANCING LOCAL GOVERNMENT IN DELTA STATE
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