Matches in SemOpenAlex for { <https://semopenalex.org/work/W1569289046> ?p ?o ?g. }
- W1569289046 endingPage "136" @default.
- W1569289046 startingPage "130" @default.
- W1569289046 abstract "The intellectual platform for financial liberalization in developing countries was provided by the seminar works of Mckinnon (1973) and Shaw (1973). They were of the view that interest rate liberalization causes interest rate to rise, thereby increasing savings and investment. This study took a careful look at the impact of interest rate liberalization on savings and investment in Nigeria. It covers the period 1976 to 1999. Simple linear regression technique was adopted using SPSS statistical software. The study reveals that interest rate liberalization had negative non significant impact on savings and negative significant impact on investment in Nigeria. Thus, interest rate liberalization, though a good policy, was counterproductive in Nigeria. This might probably be as a result of improper pace and sequencing. In determining the appropriate sequencing of interest rate liberalization, we recommend that the authorities need to distinguish not only between loan and deposit transactions but also between wholesale and retail transactions. Interest rates on wholesale transactions between sophisticated entities should be liberalized first, followed by lending rates and then deposit rates. This gradual approach safeguards the profitability of banks while allowing time for people and firms to adjust to liberalization. Keywords: Interest Rate Liberalization, Savings, Investment, Nigeria" @default.
- W1569289046 created "2016-06-24" @default.
- W1569289046 creator A5031551796 @default.
- W1569289046 creator A5056470889 @default.
- W1569289046 creator A5089572544 @default.
- W1569289046 date "2012-01-01" @default.
- W1569289046 modified "2023-09-24" @default.
- W1569289046 title "The Impact of Interest Rate Liberalization on Savings and Investment: Evidence from Nigeria" @default.
- W1569289046 cites W1536727256 @default.
- W1569289046 cites W1538444255 @default.
- W1569289046 cites W1566789041 @default.
- W1569289046 cites W1573318473 @default.
- W1569289046 cites W1579873786 @default.
- W1569289046 cites W1977122876 @default.
- W1569289046 cites W2012271189 @default.
- W1569289046 cites W2020254195 @default.
- W1569289046 cites W2042754514 @default.
- W1569289046 cites W2051438039 @default.
- W1569289046 cites W2062348429 @default.
- W1569289046 cites W2093030468 @default.
- W1569289046 cites W2157350334 @default.
- W1569289046 cites W2586484929 @default.
- W1569289046 cites W2724430844 @default.
- W1569289046 cites W3122981110 @default.
- W1569289046 cites W3124844310 @default.
- W1569289046 cites W620426710 @default.
- W1569289046 cites W2182249413 @default.
- W1569289046 hasPublicationYear "2012" @default.
- W1569289046 type Work @default.
- W1569289046 sameAs 1569289046 @default.
- W1569289046 citedByCount "5" @default.
- W1569289046 countsByYear W15692890462013 @default.
- W1569289046 countsByYear W15692890462015 @default.
- W1569289046 countsByYear W15692890462018 @default.
- W1569289046 countsByYear W15692890462020 @default.
- W1569289046 crossrefType "journal-article" @default.
- W1569289046 hasAuthorship W1569289046A5031551796 @default.
- W1569289046 hasAuthorship W1569289046A5056470889 @default.
- W1569289046 hasAuthorship W1569289046A5089572544 @default.
- W1569289046 hasConcept C10138342 @default.
- W1569289046 hasConcept C129361004 @default.
- W1569289046 hasConcept C13280743 @default.
- W1569289046 hasConcept C139719470 @default.
- W1569289046 hasConcept C144133560 @default.
- W1569289046 hasConcept C154815372 @default.
- W1569289046 hasConcept C162324750 @default.
- W1569289046 hasConcept C175025494 @default.
- W1569289046 hasConcept C17744445 @default.
- W1569289046 hasConcept C18547055 @default.
- W1569289046 hasConcept C199539241 @default.
- W1569289046 hasConcept C205649164 @default.
- W1569289046 hasConcept C27548731 @default.
- W1569289046 hasConcept C2777526511 @default.
- W1569289046 hasConcept C2777764128 @default.
- W1569289046 hasConcept C34447519 @default.
- W1569289046 hasConcept C537338633 @default.
- W1569289046 hasConcept C556758197 @default.
- W1569289046 hasConcept C58823610 @default.
- W1569289046 hasConcept C94625758 @default.
- W1569289046 hasConceptScore W1569289046C10138342 @default.
- W1569289046 hasConceptScore W1569289046C129361004 @default.
- W1569289046 hasConceptScore W1569289046C13280743 @default.
- W1569289046 hasConceptScore W1569289046C139719470 @default.
- W1569289046 hasConceptScore W1569289046C144133560 @default.
- W1569289046 hasConceptScore W1569289046C154815372 @default.
- W1569289046 hasConceptScore W1569289046C162324750 @default.
- W1569289046 hasConceptScore W1569289046C175025494 @default.
- W1569289046 hasConceptScore W1569289046C17744445 @default.
- W1569289046 hasConceptScore W1569289046C18547055 @default.
- W1569289046 hasConceptScore W1569289046C199539241 @default.
- W1569289046 hasConceptScore W1569289046C205649164 @default.
- W1569289046 hasConceptScore W1569289046C27548731 @default.
- W1569289046 hasConceptScore W1569289046C2777526511 @default.
- W1569289046 hasConceptScore W1569289046C2777764128 @default.
- W1569289046 hasConceptScore W1569289046C34447519 @default.
- W1569289046 hasConceptScore W1569289046C537338633 @default.
- W1569289046 hasConceptScore W1569289046C556758197 @default.
- W1569289046 hasConceptScore W1569289046C58823610 @default.
- W1569289046 hasConceptScore W1569289046C94625758 @default.
- W1569289046 hasIssue "10" @default.
- W1569289046 hasLocation W15692890461 @default.
- W1569289046 hasOpenAccess W1569289046 @default.
- W1569289046 hasPrimaryLocation W15692890461 @default.
- W1569289046 hasRelatedWork W1484043958 @default.
- W1569289046 hasRelatedWork W1520448415 @default.
- W1569289046 hasRelatedWork W1549864421 @default.
- W1569289046 hasRelatedWork W1998686299 @default.
- W1569289046 hasRelatedWork W2085459350 @default.
- W1569289046 hasRelatedWork W2096015434 @default.
- W1569289046 hasRelatedWork W2106130375 @default.
- W1569289046 hasRelatedWork W2119372322 @default.
- W1569289046 hasRelatedWork W2267427539 @default.
- W1569289046 hasRelatedWork W2351768606 @default.
- W1569289046 hasRelatedWork W2368270294 @default.
- W1569289046 hasRelatedWork W2476789219 @default.
- W1569289046 hasRelatedWork W2598250323 @default.
- W1569289046 hasRelatedWork W2900844602 @default.
- W1569289046 hasRelatedWork W3092429877 @default.