Academic Journal of Economic Studies

25-41

Authors: Akepe Linus Enobi, Samuel F. Johnson-Rokosu

Various Scholars account for the actual date of the evolution of Boko Haram terrorist group. However, the sect came to prominence in 2009 following the death of its leader, Mohammed Yusuf in police custody. Aside from the police act and Mohammed Yusuf’s death, poverty, unemployment, lack of development, high level of illiterates, unkept electoral promises are identified as other reasons for the rise of Boko Haram insurgency. This study involves determination of socio-political and economic impact of Boko Haram insurgency on Lake Chad basin. To achieve this, mixed research method was employed in the study because both primary and secondary data are used. Many factors can be adduced as driving force that motivates Boko Haram activities in the region such as poverty, unemployment, illiteracy, under-development/education defiance region and neglects by government. Finding in the study shows that lack of government support for armed forces and low moral; lack of government political will to fight the insurgency; political interest all contribute in recent time to the rise of terrorist activities in Lake Chad.Finding revealed that the increase in Boko Haram activities in recent time in the region have negatively impact on the socio political/economic activities and these is due partly to increase in terrorist financing. The study suggests therefore that government ability in Lake Chad basin to cut the sources of terrorist finance will significantly affect Boko Haram activities and attacks.

58-70

Authors: Emmanuel Olusegun Stober

Subsidy has been defined as any government intervention, in cash or kind, to private sector producers or consumers for which the government receives no equivalent compensation in return. Fuel subsidy has been a growing liability to Nigeria’s budgets, in a systematic fashion for almost four decades, hence creating vested interest. The exponential growth of cost of fuel subsidy is due to the rising cost of crude oil in the international market, exchange rate volatility and the population growth of Nigeria which resulted in increased petroleum consumption; the combination of these three variables therefore made the cost of the fuel subsidy unsustainable. Understanding the current fuel subsidies magnitude is critical for advancing reform because it underscores the potential socio-economic benefits to be realized. In addition to the burden that fuel subsidy is placing on the national budget, keeping petroleum below the market value has discouraged additional investment in Nigeria’s oil sector, because the visibility of recovering the investment under the artificially low price structure is uncertain.

79-95

Authors: Baaeth Atallah Dalaien

This study aims to find out the impact of global financial crisis on banking sector in Jordan and India. the descriptive analytical methodology was used. The study population includes all banks in each country (Jordanian and Indian). The study sample consists of seven banks in Jordan and seven banks in India. The study use variables which includes (Bank Share Price, Bank Capital Adequacy, bank Deposit-lending Ratio, Interest Rates, Nonperforming Assets). The study indicated that global financial crisis have a negative effect on share price of Jordanian banks because share price decrease after global financial crisis. The study also indicated that global financial crisis have a negative effect on capital adequacy, Deposit - Lending Ratio, and Non-Performing Assets because all of these variables was increase after global financial crisis. The study reported that global financial crisis have a positive effect on share price of Indian banks because share price increase after global financial crisis. The study also indicated that global financial crisis have a positive effect on capital adequacy because it increase after global financial crisis, but other indicators which includes Deposit - Lending Ratio, and Non-Performing effect negatively by global financial crisis because all of these variables was increase after global financial crisis. The study reported that performance of Jordanian Banks Sector goes in negative trends after global financial crisis such as; Share prices declining and nonperforming assets increasing, also the study reported that performance of Indian Banks Sector goes in negative trends after global financial crisis such as; Non-performing assets increasing and in positive trends after global financial crisis such as share prices increasing. The study recommended that Central Banks have to issue instructions to raise the minimum capital funds of local banks and continue to oblige banks to apply risk management at the macroeconomic level and at the level of the banking system.

102-113

Authors: Nurlina, Edisyah Putra

This is a research which is conducted to observe the effects of the export prices, exchange rates, and the total production of the Gayo coffee export volume in Bener Meriah regency. The purpose of this research is to determine the effect of the export prices, exchange rates, and the total production of the Gayo coffee export volume in Bener Meriah regency, while it appliesthe documentary study for the data collection technique. The data analysis method used in this research is multiple linear regression analysis using the software and a computer program Eviews 5. Partially, the export prices and the production total have the significant effects on the Gayo coffee export volume in Bener Meriah regency. Simultaneously, the export prices, exchange rates, total production significantly influence Gayo coffee export volume in Bener Meriah, where the value of the effect (R squared) gained 0.91, or 91%.

121-128

Authors: Daniela Penu

Indirect taxes have a significant weight in the GDP. Statistical data reveals that the new states that joined the EU in its funding sources to the greatest extent through indirect taxes. They reveal, on the one hand, reducing the tax burden on the producer, and on the other hand, the difficulty faced by the country in direct tax collection, but also some problems of social nature. This article proposes an econometric analysis of the relationship between indirect taxes and household final consumption expenditure.