Impact of Foreign Exchange Policies on Investments & Financings: The Nigerian Experience

15 Pages Posted: 27 Feb 2017

See all articles by Folake Alabi

Folake Alabi

New York University (NYU), School of Law, Student

Date Written: December 16, 2016

Abstract

The volatility of foreign exchange policies of developing countries has been identified as one of the major hindrances impeding the growth of investments and developments in these parts of the world, with the resultant effect of stultifying the achievement of the Sustainable Development Goals.

This paper therefore seeks to examine the impact of the recent changes in the Nigerian foreign exchange policies and how these changes can, and have actually influenced corresponding decrease in investments and financings within the Nigerian polity; as a depiction of the effects of such volatile foreign exchange policies (as recently witnessed in Nigeria and as prevalent in other Africa countries) on achievement of growths in the developing and underdeveloped countries.

Suggested Citation

Alabi, Folake, Impact of Foreign Exchange Policies on Investments & Financings: The Nigerian Experience (December 16, 2016). Available at SSRN: https://ssrn.com/abstract=2924257 or http://dx.doi.org/10.2139/ssrn.2924257

Folake Alabi (Contact Author)

New York University (NYU), School of Law, Student ( email )

New York, NY
United States

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