An Appraisal of Foreign Exchange Resources Generation and Management

Olorunfemi, Oluwasogo David

doi:10.3844/jssp.2011.579.585

Cited by 2 publications

(2 citation statements)

References 6 publications

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“…In presenting the relevant data, we made use of table and their percentage of dry weight and also their concentration. It help in analyzing the study and result very well so that we would have clear understanding of the research and also it made the usage of these tables and figure to explained in a clear way Sola and Fatukasi (2011) …”

Section: Methodsmentioning

confidence: 99%

Sungai Mas and OC-EO Glass Beads: A Comparative Study

Zuliskandar¹

2012

Journal of Social Sciences

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Problem statement: Sungai Mas, Kedah, Malaysia and OC-EO, Vietnam, was two of the Indo-Pacific beads making centre's in Southeast Asia. The drawn monochrome glass beads or IndoPacific beads industry begun in Arikamedu, India since 200BC was identified by Ptolemy as Poduca Emporium, with the presence of a small colony of Roman merchants. Arikamedu was abandoned by the 3rd century and before it was abandoned, the bead making centre was transferred to three other sites by the 2nd century CE which are Sri Lanka, Klong Thom, Thailand and OC-EO, Vietnam. Sungai Mas served as Indo-Pacific beads making centre by the 6th century CE until 13th century CE. Therefore the objective of this research is to determine from the beads compositional aspect whether beads from Sungai Mas originated from OC-EO or not. This is to prove that Sungai Mas and OC-EO produce their own beads. Approach: The study approach is base on compositional aspect of the beads. Compositional aspects of the beads involve their major and trace elements. Secondary data involved major and trace elements of the beads from Sungai Mas and OC-EO were analyzed based on their percentage of total and concentration. Results: Based on major and trace elements content showed that Sungai Mas beads are differ from OC-EO beads. This can be seen from the high percentage of silica, silver and fluks in Sungai Mas beads compare to lower percentage of those elements in OC-EO beads. Conclusion:The results showed that Sungai Mas and OC-EO produced their own glass beads and they were two of the Indo-Pacific beads-making centre in Southeast Asia beginning from 2nd century CE to 13th century CE.

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Section: Methodsmentioning

confidence: 99%

Sungai Mas and OC-EO Glass Beads: A Comparative Study

Zuliskandar¹

2012

Journal of Social Sciences

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“…It is quite startling that the Nigerian economy continues to depend on a single commodity for the greater proportion of its foreign exchange earnings while the output of agriculture, which used to be the mainstay of the economy prior to the discovery of oil, continues to dwindle (Yaqub, 2010). Further, the continuing disappearance of the traditional exports and absolute reliance on oil for foreign exchange earnings expose the country to the uncertainties of world oil market which have become progressively unpredictable (Olorunfemi & Fatukasi, 2011).…”

Section: Statement Of Problem and Objectives Of The Studymentioning

confidence: 99%

Excange Rate Fluctuation and Real Sector Performance in Nigeria: A Disaggregated Analysis

Falana¹

2019

ESJ

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The Nigerian real sector is facing serious challenges due to exchange rate volatility. All the past efforts of the Central Bank of Nigeria to make naira have high international competitiveness had not yielded much result. In view of this, this study investigates the relationship between exchange rate fluctuation and the performance of the real sector in Nigeria while looking at disaggregated components of agricultural, industrial, building and construction, wholesale and retail trade, and services with a scope spanning thirty-two years, covering the period from the commencement of SAP in 1986 up to 2017. The study adopts the modified Mundell-Fleming IS-LM framework using Autoregressive Distributed Lag (ARDL) technique. The bounds tests suggest that the variables of interest are bound together in the long run with the aggregate real output (the dependent variable). This same pattern exists between the sectoral outputs and their independent variables, with the exception of Agriculture Output. The study also reveals a long-term inverse and significant relationship between exchange rate and both aggregate output and the outputs of each of the five sectors of the Nigeria real economy. The study further establishes that the sectors of the economy responded heterogeneously to exchange rate change. However, the pattern of each sector's response to exchange rate change is far from pure homogeneity, affirming the disparity in terms of size, magnitude. The major implication of the findings is that exchange rate strategies adopted by government could not spur the desired improvement in the performance of real sector in Nigeria. The study, therefore, recommends that the monetary authorities should reassess , monitor, and enforce the existing exchange rate policies in Nigeria with a view to stimulating increased performance of the real sector of the economy. The government should also develop an extensive programme of development of domestic industries to stimulate exports, cut non-productive imports, and create employment. There is also the need to put in place and implement

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An Appraisal of Foreign Exchange Resources Generation and Management

Cited by 2 publications

References 6 publications

Sungai Mas and OC-EO Glass Beads: A Comparative Study

Sungai Mas and OC-EO Glass Beads: A Comparative Study

Excange Rate Fluctuation and Real Sector Performance in Nigeria: A Disaggregated Analysis

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