+234 813 0686 500
+234 809 3423 853
info@grossarchive.com

THE IMPACT OF GOVERNMENT EXPENDITURE ON STANDARD OF LIVING IN NIGERIA (1982-2012)

  • Type:Project
  • Chapters:5
  • Pages:59
  • Format:Microsoft Word
(Economics Project Topics & Materials)

INTRODUCTION

Over the years, government expenditure also known as government spending has been identified as a major tool in improving the standard of living of citizens in a country. Various spending on recurrent and capital projects such as such as building of schools, provision of good and affordable health care, payment of salaries/casual wages, provision of good roads, electricity and clean water are determinants of standard of living (Morris, 1987). Increased spending on these infrastructures has the tendency of improving standard of living in a nation. For instance, policy interventions to reduce mortality may require increased public spending or, similarly, it may be necessary to spend more on educational programs that aim to increase primary completion rates. However, what matters is not only how much was spent but also how effectively this money was spent, there are a handful of countries that suggest an inconsistent relationship between changes in public spending and outcomes. For example, Thailand has increased public spending on primary schooling more than Peru did, yet primary school completion fell in Thailand and increased in Peru. Likewise, an analysis of Malaysia over the late l980s found little association between public spending on doctors and infant mortality, and the increased construction of public schools in Indonesia that occurred in the 1970s did not have a significant positive impact on school enrollments. The cross-country association between public spending and outcomes, after controlling for national income, is found to be statistically and substantively weak. The message is not that public funding cannot be successful; rather, it is commitment and appropriate policies, backed by effective public spending that can achieve these goals.

Public expenditure is not always effective in providing quality services and reaching the intended beneficiaries, who are often the poor, and this partly explains why spending has a weak relationship with outcomes. Another reason for such a weak relationship is the interaction between the private and public sectors

Increasing public provision may simply crowd out, in part or in whole, equally effective services offered by non-government providers. Unless resources supporting services that work for poor people, the public resources spent on these services will not get the optimal outcome. If more public money is spent on services and more of that money is spent on services utilized by the poor, the spending pattern will determine the efficacy of spending. For instance, wages and salaries of teacher on average account for 75% of recurrent public expenditure on education. There is no doubt that teachers' play a critical role in the schooling process and given; them adequate incentives is important; however, spending on other vital input(such as textbooks) is also important. Too much spending on one input will have a negative impact on the quality of learning. To address this, governments must tackle not only the technical or managerial questions of how much to spend on one input relative to another, but also the institutional and political contexts that generate these decisions ( Son, 2009).

PROBLEM STATEMENT 

Most poor Nigerians do not get their fair share of government spending an public services such as in health and education. Benefit incidence analysis on public expenditure provides a clearer picture of who benefits from government spending. Evidence largely suggests that the poorest fifth of the population receives less than a fifth of education and health expenditures, while the richest fifth gets more: 46% of education spending, and the poorest receive only 11% (Filmer 2003), Similarly, in other developing countries such as India the richest Eight receives three times the curative health care subsidy of the poorest Eight. One reason for this imbalance is that spending is biased toward services mainly utilized by richer people; another reason is that while channeling public spending toward services utilized by the poor helps, such services may not be reaching the targeted beneficiaries.

THE IMPACT OF GOVERNMENT EXPENDITURE ON STANDARD OF LIVING IN NIGERIA (1982-2012)

Share This

Details

Type Project
Department Economics
Project ID ECO0502
Price ₦3,000 ($9)
Chapters 5 Chapters
No of Pages 59 Pages
Format Microsoft Word

500
Leave a comment...

    Details

    Type Project
    Department Economics
    Project ID ECO0502
    Price ₦3,000 ($9)
    Chapters 5 Chapters
    No of Pages 59 Pages
    Format Microsoft Word

    Related Works

    INTRODUCTION Over the years, government expenditure also known as government spending has been identified as a major tool in improving the standard of living of citizens in a country. Various spending on recurrent and capital projects such as such as building of schools, provision of good and affordable health care, payment of salaries/casual... Continue Reading
    Inflation is an inevitable property of any economy in the world. It influences every country, negatively as well as positively, whether it is developed or developing country as well. Anyanwu  (2011) stated that inflation is an important factor leading to social and economic... Continue Reading
    CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Over the years, government expenditure also known as government spending has been identified as a major tool in improving the standard of living of citizens in a country. Various spending on recurrent and capital projects such as such as building of schools, provision of good and affordable... Continue Reading
    ABSTRACT This research work is on the impact of small and medium scale enterprises on economic growth in  Nigeria.  The main objective of this study is to empirically examine the impact of small and medium scale enterprises on economic growth in  Nigeria . This research work made use of secondary data which were obtained from the Central bank... Continue Reading
    THE IMPACT OF MILLENNIUM DEVELOPMENT GOALS (MDGS) ON THE STANDARD OF LIVING OF RURAL DWELLERS   ABSTRACT The research proffers a conceptual and theoretical appraisal of the impact of millennium development goals on the standard of living of rural dwellers. The nature, structure and objective of millennium development goals are analyzed is... Continue Reading
     (A STUDY OF VAT OFFICE, UYO) ABSTRACT The study highlighted to evaluate the effect of value added tax (VAT) on consumer’s standard of living, a study of Uyo VAT office. Based on the research problem, it is noted that Vat affect consumer’s standard of living in response to... Continue Reading
    ABSTRACT This study examines the effects of fuel subsidy removal on Nigerian’s standard of living in Lagos State in which 50 civil servants were randomly selected in Ikeja for the purpose of the study. Statistical data for about eight different periods where fuel hike occurred in Nigeria was revealed and the instrument used to collect the data... Continue Reading
                THE EFFECT OF THRIFT AND SOCIETY ON ENHANCING MEMBERS LIVING STANDARD (A CASE STUDY OF UYO MODERN THRIFT AND CREDIT SOCIETY) BACKGROUND OF THE STUDY This research work focuses on how cooperative thrift and credit societies influence or enhance member's living standard. Unlike... Continue Reading
    The Impact Of Oil Price Changes On Government Expenditure In Nigeria  ABSTRACT Change in oil prices has been occurring since the end of the Second World War. Nowadays, the rate of changes (up and down) in oil price is more pronounced. This has made serious impact on Nigeria as a country practicing a mono cultural economy. This work thus examines... Continue Reading
    ABSTRACT This study examined the impact of government expenditure on inflation in Nigeria. This research work made use of secondary data which were collected from the central bank Nigeria Statistical Bulletin (2017). The data were collected for a period of thirty two years (i.e. 1981-2017). The Study establishes the order of integration of... Continue Reading