Chinedu F. Egbunike
Nnamdi Azikiwe University, Nigeria

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Monetary policies and economic management: Evidence from Sub-Saharan Africa Kanayo Chike Nwosu; Ekwunife Gabriel Okafor; Chinedu F. Egbunike
Journal of Governance and Accountability Studies Vol. 3 No. 2 (2023): July
Publisher : Goodwood Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/jgas.v3i2.1911

Abstract

Purpose: The objective of this paper is to empirically analyze the application of monetary policies for economic management in Sub-Saharan African countries. The study used time series data from two African countries, specifically Kenya and Rwanda to examine the effect of broad money on the Gross Domestic Product growth rate. Research methodology: The study relied on secondary data; obtained from the World Bank Development Indicators database. The study analyzed the data using both descriptive and inferential statistical techniques. The hypothesis was tested using the Ordinary Least Squares (OLS) technique. The data were checked for normality and subjected to Unit Root tests using the Dickey-Fuller, Augmented Dickey-Fuller and Phillips-Perron text prior to further analysis. Results: The results confirmed the stationarity of the data. The descriptive statistics showed that all variables were normally distributed. The OLS result showed that broad money growth had a positive statistically significant effect on the GDP growth rate of both countries. Limitations: The study focused on two sub-Saharan African countries. Contribution: This study explicates the fact that in order to have a robust financial system, which eventually results in sustainable economic development, solid monetary policies must be maintained. Practical Implication: The implication of this study is the identification of how responsible, long-term fiscal and budgetary stance encourages economic growth. Novelty: The study focuses on the application of monetary policies in the economic management of Sub-Saharan African countries; with a particular emphasis on Kenya and Rwanda. These two countries have recorded remarkable growth in Sub-Saharan Africa compared to other countries.
Sustainable supply chain management and organisational performance: Perception of academics and practitioners Euphemia Ifunanya Mbamalu; Nwosu Kanayo Chike; Chimezie Alex Oguanobi; Chinedu F. Egbunike
Annals of Management and Organization Research Vol. 5 No. 1 (2023): August
Publisher : goodwood publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/amor.v5i1.1758

Abstract

Purpose: The primary objective of this study is to examine the nexus of sustainable supply chain management and organisational performance perceptions of academics and practitioners in Awka, Anambra State, Nigeria. Research Methodology: Data were collected using questionnaires from 122 respondents in the Awka region. The data were analysed using descriptive, correlation and regression analysis for the test of hypotheses. Results: The linear regression showed that DC components of collaboration and resilience are positively related to OP; with the latter non-significant. Limitations: This study was limited by its sample size of 122 academics and practitioners and restrictions on the SSCM and OP nexus. The sample may have affected the generalizability of our results. The study does not address the other dimensions of TBL such as organisational social and environmental concerns. Contribution: The analytical results of the research contribute to the body of knowledge, enabling practitioners to organise and implement sustainable supply chain efforts as well as monitor and evaluate how these initiatives impact the operations of Nigerian enterprises in the long run.