Infrastructure Investment: The Pathway for Sustainable and Economic Transformation in Nigeria

Released on by Michael Mitchell Omoruyi Ehizuelen
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  • Infrastructure Investment: The Pathway for Sustainable and Economic Transformation in Nigeria Book Detail

  • Author : Michael Mitchell Omoruyi Ehizuelen
  • Release Date : 2013-10-09
  • Publisher : GRIN Verlag
  • Genre : Business & Economics
  • Pages : 18
  • ISBN 13 : 3656514348
  • File Size : 24,24 MB
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Infrastructure Investment: The Pathway for Sustainable and Economic Transformation in Nigeria by Michael Mitchell Omoruyi Ehizuelen PDF Summary

Book Description: Scientific Essay from the year 2013 in the subject Economics - Case Scenarios, , language: English, abstract: This work X-rays the multidimensional relationship that occurs between infrastructure and economic development, evidence from Nigeria. The work develops an intuitive theory with a framework which examines this relationship by recognizing various channels through which infrastructure possibly affects development: as a factor of production, as a complementary significant factor of production, a stimulus to factor buildup, a stimulus to aggregate demand and an instrument to industrial policy. A framework is developed for evaluating and analyzing the theory of this relationship, which explores the implications of diverse definitions and measures of infrastructure on economic development. Empirical literature is then evaluated against this framework.

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