cover
Contact Name
-
Contact Email
-
Phone
-
Journal Mail Official
-
Editorial Address
-
Location
Kota bandung,
Jawa barat
INDONESIA
AFEBI Economic and Finance Review
ISSN : 25485261     EISSN : 2548527X     DOI : -
Core Subject : Economy,
AFEBI Economic and Finance Review (AEFR) is an academic journal which is published twice a year (June and December) by The Association of The Faculty of Economics and Business Indonesia. AEFR is aimed as an outlet for theoretical and empirical research in the field of economics and to disseminate the information of the economics research was conducted by members of AFEBI in particular and researchers in general to the academics, practitioners, students, and others who interested in economics research.
Arjuna Subject : -
Articles 172 Documents
Analyzing the Equilibrium State of Government Budget Function: Reviewing the Data of Egypt Eltahir, Yassin; Badr, Abdallah; M. Alobaid, Hussain.; Yousif Mousa, Elsiddig; Omer Osman, Hussien
AFEBI Economic and Finance Review Vol. 9 No. 2 (2024): December
Publisher : Asosiasi Fakultas Ekonomi dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The study aims to analyze the budget surplus function using differential equations to evaluate equilibrium values, sensitivity, and stability. To achieve this objective, the study employed various variables representing fiscal and monetary policy tools, as well as mixed policy instruments. Time series data were collected for two distinct periods: the first spanning from 2004 to 2011, and the second covering 2012 to 2021.The results indicate that equilibrium values increased for all variables in the second period compared to the first, with the exception of the exchange rate. Most variables became more influential on the budget surplus in the second period, except for the exchange rate and investment. The stability analysis revealed that the budget surplus function was unstable in both periods, with a slight preference for the first period based on the indicators observed. The study concludes that fiscal policy tools had a relatively stronger impact compared to monetary policy tools in addressing the Egyptian budget surplus during the period from 2004 to 2021.
Effect of Naira Devaluation on Nigeria’s Trade Balance With China Gbadebo, Adedeji
AFEBI Economic and Finance Review Vol. 9 No. 2 (2024): December
Publisher : Asosiasi Fakultas Ekonomi dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study investigates the influence of the Naira devaluation on Nigeria's trade balance with China, with an emphasis on export-import dynamics and bilateral trade imbalances. The goal is to examine how currency depreciation affects trade volumes, structural vulnerabilities, and economic imbalances between the two countries. The study used an exploratory research approach, using secondary data from trade statistics, Central Bank of Nigeria publications, and foreign databases to identify patterns and causal relationships. Nigeria's trade imbalance with China has increased to $18 billion in 2023, owing to inelastic demand for Chinese commodities and reliance on USD-priced crude oil exports. While devaluation raised import costs and inflationary pressures (33% by early 2024), it did not considerably increase non-oil exports or reduce import reliance. Structural issues, such as insufficient industrial capacity and informal trading networks, exacerbated consequences. Furthermore, China's Belt and Road Initiative (BRI) initiatives exacerbated economic imbalances by emphasizing Chinese inputs and labor. The paper suggests expanding Nigeria's export base through agro-processing and light manufacturing, adopting import substitution programs, stabilizing foreign exchange regimes, renegotiating Chinese loan conditions, and negotiating advantageous trade agreements to reduce deficits. These steps seek to strengthen Nigeria's trade resilience and minimize reliance on China.