Monthly Archives: July 2012
The Structure of Nigeria’s economy
Recently I got into banter with someone over the composition of Nigeria’s GDP and the result is this blog post. Just to be clear, GDP is the market value of final goods and services produced within the boundaries of a country. Often, this is a composite of several sectors grouped for statistical purposes into Agriculture […]
Nigeria: Growth Rates
Nigeria is one of the world’s fastest growing countries and since 2008 we have grown faster than the US, UK, the EU and many advanced countries. Surely that cannot be right! Well it is not only right but as factual as 1+1=2. Growth rates are similar in idea to the percentage increase in sales or […]
I had a discussion recently with the head of research at an investment bank and somewhere along the line we gravitated towards DSGE models. He personally didn’t like them but he agreed that’s where much of economic analysis is headed. Thus, I decided to write my first post here on them. Economics is evolving. In […]
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