- The Complete Research Material is averagely 56 pages long and it is in Ms Word Format, it has 1-5 Chapters.
- Major Attributes are Abstract, All Chapters, Figures, Appendix, References.
- Study Level: BTech, BSc, BEng, BA, HND, ND or NCE.
- Full Access Fee: ₦6,000
Get the complete project »
1.1 Background to the Study
Fiscal policy generally implies basic duty of any government to manipulate the receipt and expenditure sides of its budget in order to achieve certain national objectives such as increase in per-capita income, low unemployment rate, positive balance of payments (BOP) position and price stability. The essence of fiscal policy anywhere in the world, is basically to stimulate economic and social development by pursuing a policy stance that ensures a sense of balance between taxation, expenditure and borrowing that is consistent with sustainable economic growth. However, in oil-exporting countries, government expenditures often depend on oil revenue, which in turn depends on movement of oil price in the international market. Hence government revenues tend to be highly volatile and this is due to the unpredictable nature of oil price thus making fiscal policy more challenging in such economies.
There has been up and down movements of oil prices ranging from the historical high and low oil prices until the recent plunge in oil market; that sees oil price dropping to its lowest record level for the first time since it reached its ultimate height of over $140 per barrel in 2008. In case of crude oil exporting nations such as Nigeria and the likes, oil price shocks affect their economies first and foremost through the fiscal channel, as a very large portion (if not all) of oil generated revenue accrue to government. In particular, fiscal policy in oil-exporting countries face a number of specific challenges stemming from the fact that oil revenues, which constitute the bulk of government revenues in oil-centered economies, are exhaustible, volatile and largely originated from external demand.
You either get what you want or your money back. T&C Apply
You can find more project topics easily, just search
-
SIMILAR BUSINESS MANAGEMENT FINAL YEAR PROJECT RESEARCH TOPICS
-
1. THE IMPACT OF INVENTORY MANAGEMENT AND CONTROL ON PERFORMANCE
» CHAPTER ONE INTRODUCTION 1.1 Background of the study Inventories constitute the most significant part of current events of a large majority of compani...Continue Reading »Item Type & Format: Project Material - Ms Word | 56 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
-
2. TRADE AND BUSINESS OPENNESS AND OUTPUT GROWTH IN NIGERIA
» CHAPTER ONE INTROUDCTION 1.1 BACKGROUND OF STUDY &nbs...Continue Reading »Item Type & Format: Project Material - Ms Word | 112 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
-
3. THE PROBLEMS OF INEFFECTIVE COMMUNICATION IN AN ORGANISATION
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Communication is indispensable in all sphere of human and business endeavours. It is the life wir...Continue Reading »Item Type & Format: Project Material - Ms Word | 56 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
-
4. ASSESSMENT OF THE ROLE OF COOPERATIVE SOCIETIES IN POVERTY ALLEVIATION. (A Study of FRCN Kaduna Multipurpose Cooperative Society)
» CHAPTER ONE INTRODUCTION From the beginning of mankind, man has been engaged in a continuous battle to liberate himself from the shackle condition of ...Continue Reading »Item Type & Format: Project Material - Ms Word | 61 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
-
5. IMPACT OF RISK MANAGEMENT IN FINANCIAL INSTITUTIONS A CASE STUDY OF UNITED BANK OF AFRICA
» ABSTRACT Customers of the banks expect their bankers to provide them with loans and advances to make up any short fall in their funds requirement for ...Continue Reading »Item Type & Format: Project Material - Ms Word | 67 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
-
6. SOURING DECISION AND ITS IMPACT ON MATERIAL AVAILIBILITY IN NIGERIA BREWERIES 2015
» CHAPTER ONE: Introduction 1.1 Background of the Study Material Sourcing is a set of tangible physical attributes assembly in an identifiable form. Tha...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
-
7. EFFECT OF INDUSTRIAL TRAINING SCHEME ON THE TRAINING OF OFFICE MANAGERS IN SELECTED TERTIARY INSTITUTIONS IN SOUTH EAST ZONE OF NIGERIA
» CHAPTER ONE INTRODUCTION 1.1 Background of the Study Industrial Training is the training given to the students in tertiary institution in order to kno...Continue Reading »Item Type & Format: Project Material - Ms Word | 79 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
-
8. CAUSE OF FAILURE OF SMALL-SCALE INDUSTRY IN NIGERIA ( A CASE STUDY OF PRESIDENTIAL HOTEL ENUGU)
» ABSTRACT The aim of this research work is to highlight the problems facing small scale industries in Nigeria. I have briefly in the introductions exam...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
-
9. THE IMPACT OF SOCIAL RESPONSIBILITY ON THE PERFORMANCE OF AN ORGANIZATION
» CHAPTER ONE INTRODUCTION 1.1. BACKGROUND OF THE STUDY Corporate social responsibility is one vital aspect of any business. However, this is one area w...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
-
10. EVALUATION OF CAPITAL BUDGETING AS A TOOL USED BY MANAGEMENT IN DECISION MAKING OF MANUFACTURING COMPANIES WITH REGARDS TO 7UP BOTTLING COMPANIES OF N...
» CHAPTER ONE INTRODUCTION 1.1 Background of the Study Capital budgeting is the process by which firms determine how to invest their capital. Included i...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT