Study Of Financial Intermediation And Resource Mobilization Implication For Economic Development
Financial intermediation is the process by which financial institution accept saving from house hold and lend this saving to business organizations.
Since high level of financial intermediation has been associated with high degree of economic development e.g Nigeria has allegedly been said to experience low level of financial intermediation.
The objective of this study
3. To establish the extent of financial intermediation in Nigeria and the likely effect on economic development.
4. To reveal the economic development position (as measures by Gross National/Domestic Income) of countries that have comparatively the same level of financial intermediation are relatively high.
This proper will also look into the following problem. In Nigeria there has been a comparatively low level of financial intermediation demonstrated by the grossly inadequate habits to all nooks and corners of the country. Lack of actual practical indegenisation of bank industry.
The ultimate effect is that the existing financial intermediation find it impossible to effectively mobilize available resources and allocate them enhance the rate of economic development
After examining these problems, recommendation will be made. It will be aimed at increasing the level of financial intermediation in Nigeria. Then conclusion will be drawn.
Financial intermediation is the process by which financial institution accept saving from house hold and lend this saving to business organizations.
Since high level of financial intermediation has been associated with high degree of economic development e.g Nigeria has allegedly been said to experience low level of financial intermediation.
The objective of this study
1. To establish the extent of financial intermediation in Nigeria and the likely effect on economic development.
2. To reveal the economic development position (as measures by Gross National/Domestic Income) of countries that have comparatively the same level of financial intermediation are relatively high.
This proper will also look into the following problem. In Nigeria there has been a comparatively low level of financial intermediation demonstrated by the grossly inadequate habits to all nooks and corners of the country. Lack of actual practical indegenisation of bank industry.
The ultimate effect is that the existing financial intermediation find it impossible to effectively mobilize available resources and allocate them enhance the rate of economic development
After examining these problems, recommendation will be made. It will be aimed at increasing the level of financial intermediation in Nigeria. Then conclusion will be drawn.
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Title page ii
Approval page iii
Dedication iv
Acknowledgement v
Abstract vii
Proposal ix
Table of content. xi
CHAPTER ONE
INTRODUCTION 1
1.1 Background of the study 1
1.2 Statement of problem 3
1.3 Objectives of study 3
1.4 Significance of the study 4
1.5 Scope and Limitation of the study 5
1.6 Definition of terms 6
Reference: 12
CHAPTER TWO
REVIEW OF LITERATURE 13
2.1 Bank and Non-Bank financial Intermediaries 13
2.2 Financial Institutions and Economic Development. 14
2.3 Financial Intermediation and Economic Development in developed countries. 21
2.4 Financial intermediation and Economic Development in less Developed countries. 23
2.5 Financial Intermediaries and monetary control 26
2.6 Review in increasing the level of financial Intermediation in Nigeria and the LDC’S 28
2.7 The problems of financial Intermediation 29
Reference. 30
CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY 32
3.1 Research methods used 32
3.2 Description of Respondents 32
3.3 Sources of Data 33
3.4 Method of Investigation 34
References 36
CHAPTER FOUR
Presentation and analysis of data introduction. 37
Testing of Hypothesis. 42
CHAPTER FIVE
FINDINGS, RECOMMENDATION AND CONCLUSION 43
5.1 Findings 43
5.2 Recommendation 48
5.3 Conclusion 53
References. 56
Bibliography 57
Questionnaires 59
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