In recent years off-balance sheet activities (OBS) of commercial banks have increased. Bank regulators have proposed that some OBS items be included in calculating a risk-based capital requirement. Given the growing role of OBS activities and the attendent problems for bank regu…
Nigeria's economy experienced stunted growth in 1973-84 period in spite of the huge inflow of oil revenues. The dissertation addresses the issue of optimal utilization of oil revenues to promote Nigeria's economic growth. The study begins by reviewing the behavior of the oil mar…
Profit-sharing banking is a relatively new financial institution. Today, it is found mostly in Islamic countries or in countries where OPEC oil revenues have been invested. Most of the research thus far has been oriented towards macro-economic issues. This dissertation is micro-…
This dissertation investigates the effects of trade policy regimes on employment by skill levels and income distribution among three socio-economic groups in Nigeria. The study presents a model that provides a unified treatment of the determinants of both employment and income d…
Internationally traded commodities may vary in quality and they are, therefore, imperfect substitutes. Assuming that the higher technology reflects higher production efficiency, higher product quality, and, subsequently, relatively lower unit cost of production, the internationa…
Over the past decade econometricians have developed methods for estimating models of market in disequilibrium, but the methods are for one market. However, the presence of unsatisfied demand or supply in one market could affect conditions in related markets. The paucity of empir…
A theory of the structural leverage of private investors is developed through a case study of changing business-government relations in Indonesia during the twenty-five-year period spanning 1965-1990. Emphasizing the political power manifested in the rapidly expanding ability of…
The objective of this dissertation is to evaluate the effect of import substitution and export expansion industrialization policies on the channels of distribution of cocoa, cotton and groundnut--the three major non-oil export commodities in Nigeria. The study was divided into t…
In reading the literature on the world oil market, one is struck by two very important facts with respect to the 1972-83 period. Firstly, the period was marked by political instability particularly during the last half of the period (the Iranian Revolution, the Iran-Iraq War). W…
The adoption of import oriented policies introduced distortions into the economy which caused Nigeria to ignore resource-based industry in agriculture, petroleum and metal production. The resulted in the transfer of technology into industries with a continual reliance on importe…
This work is an econometric study of the determinants of demand for international travel in the Mediterranean. The study concentrates on the interdependencies which may exist among the neighboring and distant countries of the region with particular emphasis on the role of relati…
The purpose of this study is to examine the spatial structure of the West African market. This examination sheds light on the extent to which the member countries of the Economic Community of West African States (ECOWAS) and the Economic Community of West Africa (CEAO) constitut…
Over the last two decades a number of Less Developed Countries have emerged as Newly Industrializing Countries (NICs). Their economic development has been characterized by export-led growth that exceeded the norm for Less Developed Countries (LDCs). This phenomenon has given ris…
In 1974 Egypt adopted an open door policy in its relations to the rest of the world. The cornerstone of that policy is Law 43 for Arab and foreign investment and Free Zones in Egypt. Since then, twelve years have passed and the general feeling is one of frustration due to the we…
This research explores the employment effects of technology transfer from industrialized to developing nations using Turkey as a case study. The basic research question asks whether technology drives the choice of industrial relations practices providing similar or different fir…
Construction firms, like most other organizations and individuals have compelling instincts and motivations to survive and grow. Growth of firms is achieved by increasing the firm size, increasing the profit, increasing market share, beating competitors, or building up equity an…
This study investigates the dynamic response patterns of prices and real output to monetary disturbances across seven major industrial countries (Canada, U.S.A., Japan, France, Germany, Italy, and U.K.) for the sample period from April 1973, when flexible foreign exchange rates …
The Saudi Arabian natural gas industry and its downstream activity, particularly petrochemicals, is characterized by its dependence on the country's crude oil production. This is because the main input into these industries is associated natural gas. Most of the Saudi gas-based …
The objective of this thesis has been to study and investigate the role of cheap energy and its impact on the productivity and capital accumulation in the cement industry in Saudi Arabia. The study aims to answer various questions regarding various issues such as the overall imp…