Effect of inflation on saving and economic growth of Nigeria

CHAPTER ONE

1. INTRODUCTION

One of the constant face by rural women economic advancement in Nigeria has been  blamed by a school of thought on the inability of Nigeria women’s to embrace co-operative way of doing business Helm (2011), this is because co-operatives are of the most effective vehicles for organizing rural production.

The
paper aims to analyze the effectiveness on the contribution of women
co-operative to women access to credit as a method of advancing the development
of women in Nigeria gender analysis it unitized to explain the disadvantage and
marginalization of women in the co-operative. It is noted that Nigeria women
access to credit receptive  to
co-operatives, which are made attractive to them by engaging in topics
pertinent to women’s development such as access to credit, training economic,
health and  education activity and
advancement of women’s participation  in
the co-operative movement. Cooperatives are 
not only the most suitable organization and frame work for accelerated
rural development but they are veritable instruments for assisting women in
the  achievement of increase output of
farm products for  instance, in the
procurement of farms inputs like fertilizers, improved seeds and seedling ,
credit as well as in the product storage and marketing, continently measured as
the percentage rate of increase in real gross domestic produce and it is
usually calculated in real terms, i. e inflation adjusted terms in order to net
out the effect of inflation on price of goods and services produced.

 Barro and Grilli (1994), posit that mainstream economists believe that high rates of inflation are caused by high rates of growth of the money supply. They are of the view that changes in inflation are sometimes attributed to fluctuations in real demand for good and services or in available supplies (i.e. changes in scarcity), and sometimes to change in the supply and demand for money.

EFFECT OF INFLATION ON SAVING AND ECONOMIC GROWTH OF NIGERIA