The Nigerian economy has been repeatedly hit by macroeconomic shocks, primarily owing to its overreliance on crude oil and poor resource management. Given the limited resilience capacity of Nigeria's economic sectors, this study examined sensitivity these sectors shocks using Vector Autoregression (VAR) Error Correction (VEC) models in whose frameworks was carried out for period between 2010Q1 ...

A fundamental macroeconomic problem in Zimbabwe is that the sum of public-sector projects is greater than the resources available to finance them. The government’s difficulty in discerning the macroeconomic limitations on new initiatives was greatly increased by the unusual circumstances of the first two years: a commodity boom; promises of more aid than eventually arrived; expectations of a pe...