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Contents Preface vii 1. Introduction 1 2. An Overview of the Nigerian Economy and the Relevant Concepts 5 3. The Intertemporal Model of the Current Account: An Introduction 21 4. The Present Va lue Models of the Current Account 31 5. Econometric Estimation of the PVMCA for Nigeria 61 6. The Traditional Models of the Current Account and External Imbalances Sustainability in Nigeria 87 7. An Overview of the Ghanaian Economy 117 8. Econometric Analysis of Ghana's Current Account 141 9. Summary and Conclusions 159 References 165 Index 171
Library of Congress Subject Headings for this publication:
Balance of payments -- Nigeria.
Balance of payments -- Ghana.
Nigeria -- Economic policy.
Ghana -- Economic policy.