An Assesment of Monetry Policy Transmission Mechanisms in Nigeria

Abstract

Monetary policy as an integral part of economic growth and development require eflective transmission channels to lubricate the flow of resources to different part of a country in order to achieve holistic development. Both monetary and fiscal policy are relevant in Nigeria. But, the transmission mechanism must be suitable for the type of economy that Nigeria operates. It is our flair in this work to demonstrate our erudition in an important area of modem economy such as the monetary issues that guides the behavior of both producers and consumers alike. Our chapter one is the general introduction of the concept of financial system, chapter two treats the transmission mechanism, chapter three examines monetary and fiscal policies and their relevance in the Nigerian economy. chapter four assesses the monetary policy transmission mechanism in a rapidly growing economy like Nigeria. While our conclusion from the last part of this write-up.