Sources of Economic Policy Uncertainty in Nigeria: Implications for Africa

Peterson Ozili

MPRA Paper from University Library of Munich, Germany

Abstract: This paper identifies the sources of economic policy uncertainty in Nigeria and draw implications for Africa. The paper finds that economic policy uncertainty in Nigeria has many sources which are interlinked such as: unexpected and sudden central bank intervention; change in government policy after elections; political interference in economic policy making; fall in global oil price, oil price shocks and uncertain government response; recession and unethical public policy and practices.

Keywords: Economic policy uncertainty; index; bankruptcy; investment; trade; financial institutions; systemic risk; government policy; fiscal policy; monetary policy; political interference; Nigeria. (search for similar items in EconPapers)
JEL-codes: E31 E32 E51 E52 E61 E65 (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-ene and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Chapter: Sources of Economic Policy Uncertainty in Nigeria: Implications for Africa (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:112075

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