The impact of monetary policy on the banking industry in Nigeria Department: Accountancy By: Arinze1 Project ID: 5100 Rating: (3.3) votes: 6Rate this project12345 Price:₦3000 Get the Complete MaterialAbstractMonetary policy is the process by which the monetary authority of a country, like the central bank or central currency board, controls the supply of money, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency. This paper assesses how fiscal and monetary policies influence economic growth and development in Nigeria. The paper argues that curbing the fiscal indiscipline of government will take more than enshrining fiscal policy rules in our statute book. This is because the statute books are replete with dormant rules and regulations. It notes that there exists a mild long-run equilibrium relationship between economic growth and fiscal policy in Nigeria. That for any meaningful progress towards fiscal prudence on the part of the government to occur, some powerful pro-stabling stakeholder strong enough to challenge government fiscal recklessness will need to emerge....Preview Download Preview +Other Accountancy project topics and materials you might be interested in»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu) »The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )»Internal control as a tool for improving profitability»The role of financial institutions in the development of Nigeria economy»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )»The Impact of product development on banks performance ( A Case study of first bank plc )»Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state) »The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )»Auditing in Nigeria companies, problems and prospects»The effects of computerized accounting system on the performance of banking industry in Nigeria»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»Effect of misrepresentation of information in a financial statement»The impact of development finance institutions (DFIS) in economic development of Nigeria»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )