IOSR-JHSS   Volume-7 ~ Issue-4 ~ Jan-Feb-2013

Paper Type	:	Research Paper
Title	:	Distortions in the Nigerian Economy and the Roadmap to Vision 2020: Lessons from Past Development Strategies
Country	:	Nigeria
Authors	:	Enobong C. Umobong, Usenobong F. Akpan
	:	10.9790/0837-0740103

Abstract:It is generally agreed that the existence of government in an economy is to promote societal welfare. In order to properly organize and manage the use of resources to achieve desired goals and objectives, governments normally initiate economic frameworks, blueprints, roadmaps or plans which guide and coordinate economic activities within the economy. Thus, between 1960 to date, Nigeria has initiated several plans, frameworks, policies and strategies which, though well intended, have not significantly met the aspirations of her citizens. Presently, the desire of the country is to be among the top 20 economies in the world by the year 2020. The major concern of this paper is that since the present distortions in the Nigerian economy which the Vision 20:2020 seeks to address do not exist in historical vacuum, a re-assessment of the forces that held back Nigeria in the past is essential.
Key Words: Nigeria, Development, Roadmap, Vision 20:2020

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Abstract: Women and Human Rights at a glance' is a much debated topic in the contemporary society. Today the world has gone far ahead in its material progress. Inventions have become popularized, communities have become stabilized and people have become sophisticated. We, the citizen of the new millennium are destined to tune with the new wave of developments happening in the entire world now. It is the apt time to analyze the world from different angles. One of the chief dimensions or angles is to study women and human rights in its true perspective. This study is hypothesized that human rights are the basic and inalienable rights equally provided to all and in special it relates with women in their spheres of life. The study signifies the human rights and its influences on women. The idea of human rights is as old as the history of man kind. By virtue of being born as a human being, man is entitled to enjoy these rights. Human rights are moral claims which are inseparable and inherent in all human individuals. As these rights have become an integral part of every culture, civilization, religion and philosophical traditions, it is equally important that we should take steps to safe guard them. This article intends to familiarize us with the different areas of concern regarding human rights and to keep us aware of the danger in violating them especially with regard to women in all scenario of life.

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Abstract:In this paper the authors will try to identify, and measure where possible, social and economic impacts attributable to increase in the number of mobile phone subscribers. While different aspects of growth e.g. GDP and mobile penetration for a country can be correlated; measuring exact contribution of it, is not the scope of this work. Apart from economic aspects the sociological changes being brought about by increased use of mobile is also going to be discussed. A more qualitative analysis is done in this regard due to difficulty in obtaining primary or secondary data
Key words:Mobile phones, socio-economic effects of mobile phones.

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Abstract: The study revisits the doctrine of purchasing power parity (PPP) for four major bilateral exchange rates against Indian rupee namely; rupee-dollar, rupee-pound, rupee-yen and rupee-euro exchange rates. First, the long run validity of the hypothesis is tested using Granger-Engle cointegration along with Johansen multivariate cointegration technique. Both the tests provide support for the PPP hypothesis at the long run. Further, the issue is examined under time domain framework using recently advanced Wavelet-based regression analysis that provide decisive support for the PPP over 4~8 months horizon for rupee-dollar exchange rate and over 4~8 months as well as over more than 32 months horizon for the rupee-Yen exchange rate.
Keywords: Cointegration, Foreign exchange rate, Purchasing power parity, Wavelet.

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