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Savings and balance of trade is a macro-economic variable used to attain economic growth and development. If trade deficit result from importing goods or technology that make the economy more productive and stronger, then perhaps trade deficit aren’t so bad. Second, this depends on what is causing what. It is well known that the large deficit of the1990s were the result of a massive inflow of capital from abroad. What causes this desire by foreigners to invest in Nigeria? Surely a number of things but economist believe it was a combination of poor investment project abroad and the thriving market in Nigeria. Why would this cause trade deficit-isn’t this all about the financial account? There are two parts to this answer. The first is the accounting identity between current account deficit and financial account surpluses. This is a good reason to pay attention to this problem. To ascertain the relationship between savings and trade deficit in Nigeria.
INTRODUCTION
According to Uremadu (2006), savings can be defined as “the amount left over when the cost of a person’s consumer expenditure is subtracted from the amount of disposable income that he or she earns in a given period of time”. Saving, therefore, is the decision to defer consumption and to store this deferred consumption in some form of asset (Aghevli, et al., 2005).
Savings is described as a financial assets accumulated by the public- both government and private agents in the organized financial system (Tochukwuet al., 2008).Saving naturally play an important role in the economic growth and development process. Savings determine the national capacity to invest and thus to produce, which in turn, affect economic growth potential. Low saving rates have been cited as one of the most series constraints to sustainable economic growth. Growth models developed by Romer (1986) and Lucas (1988) predict that higher savings and the related increase in capital accumulation can result in a permanent increase in growth rates.
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SIMILAR BUSINESS MANAGEMENT FINAL YEAR PROJECT RESEARCH TOPICS
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1. LEADERSHIP AND ITS EFFECTS ON PERFORMANCE, ACHIEVEMENT AND GOAL REALIZATION
» CHAPTER ONE 1.1 INTRODUCTION Out of the twenty three (23) local government councils in Kaduna State none has met the expectations and aspirations of t...Continue Reading »Item Type & Format: Project Material - Ms Word | 56 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
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2. THE EFFECT OF QUALITY CONTROL IN THE MANUFACTURING COMPANIES
» CHAPTER ONE 1.0 INTRODUCTION The ultimate aim of any manufacturing organization is the production of quality good and service and the satisfaction of ...Continue Reading »Item Type & Format: Project Material - Ms Word | 33 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
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3. THE IMPACT OF ORGANIZATION AND METHOD ON OFFICE MANAGEMENT: CASE STUDY OF YOUR OFFICE.
» CHAPTER ONE 1.1 INTRODUCTION Organization and methods was originated through the efforts of the pioneers of scientific management such as Taylor and G...Continue Reading »Item Type & Format: Project Material - Ms Word | 80 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
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4. ROLE OF SECRETARIES AS TOOL FOR ENHANCING THE QUALITY OF SERVICES RENDERED BY GOVERNMENT ESTABLISHMENT IN NIGERIA
» CHAPTER ONE INTRODUCTION Background of study Interest in service delivery is increasing in the corporate world and especially in both public and priva...Continue Reading »Item Type & Format: Project Material - Ms Word | 46 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
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5. THE IMPACT OF ELECTRONIC BUSINESS ON PERFORMANCE (A CASE STUDY OF A NIGERIA BANK)
» EXECUTIVE SUMMARY Electronic business has been widely adopted in different parts of the world. In Nigeria, the initial adoption of electronic business...Continue Reading »Item Type & Format: Project Material - Ms Word | 88 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
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6. UNEMPLOYMENT PROBLEMS AMONGST GRADUATES OF HIGHER INSTITUTIONS
» ABSTRACT In this research, it is assumed that unemployment is a factor inherent in the nation’s economic system, first because intentionally or unin...Continue Reading »Item Type & Format: Project Material - Ms Word | 53 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
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7. ELECTRONIC TECHNOLOGY AND ORGANIZATIONAL EFFECTIVENESS
» CHAPTER ONE INTRODUCTION 1.1 Background of the Study Since the early years of the 20th century, the world has been experiencing a revolution known as ...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
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8. Trade Unionism And It’s Impact On Workers Welfare In Nigeria Trade Unionism And Organisational Effectiveness (A Study Of Nestle Nigeria Plc, Lagos)
» ABSTRACT This study is motivated by the unseemly variety of problems faced by an average Nigerian worker and the fundamental question as the level and...Continue Reading »Item Type & Format: Project Material - Ms Word | 50 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
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9. IMPACT OF STRATEGIC MANAGEMENT ON ORGANIZATIONAL PERFORMANCE IN NIGERIA BREWERIES
» ABSTRACT The study is on the impact of strategic management on organizational productivity in the firming sector, with Nigeria Breweries as the case s...Continue Reading »Item Type & Format: Project Material - Ms Word | 109 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
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10. THE IMPACT OF MANPOWER TRAINING AND DEVELOPMENT AS A TOOL FOR ORGANIZATIONAL PRODUCTIVITY
» ABSTRACT This study was carried out on the impact of manpower training and development as a tool for organizational productivity. The study was limite...Continue Reading »Item Type & Format: Project Material - Ms Word | 58 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT