Evaluation of the dynamic effects of iole cash holding in a developing economy

Thesis Abstract

With the multifarious (many / various ) increase in the economic system money become the most acceptable means of transaction and payment of debt. The proportion of money which is not used in normal recurring transaction or is held in excess of the normal need is called “idle cash” The excess of the normal need is called “Idle cash” The continuos with drawl of money from the circular flow of income between the household individual s, firms and industries becenies so alarming and devastating; it deprive the users the great opportunity of making any meaningful and judicious use of idle cash.

In the area of research methodology primary and secondary source of data collecting will be adopted. The primary data source includes oral interview administration on questionnaire observation and literature review. While the secondary sources of data collection to be adopted are the use of text books, financial standards etc.

There are some constraint towards this project     which I include money –which is inadequate time to combine my lectures, personal chores and project research work, protocols to be observed will surely delay this project. Inadequate libraries and materials to lay hands on.

The researcher therefore wish to embark on this work to remedy some of these problems and their effects on the economy. The project work intend to highlight the pros and cons of the negative use of idle cash , constant flow of money in circulation , light interest rate and poor cross Domestic product (GDP) the research work will not only be in document for the accounts department

ACKNOWLEGEMENT

With he heart full of joy and happiness I wish to express my sincere gratitude and deep appreciation to God Almighty who saw me through in the course of carrying out this research work.

My sincere appreciation goes to my project supervisor Dava Osuagwu who guided me in all this project work. . I equally indebted to the numerous libraries that I used in the course of work. I hereby putting on record the courteous assistance I received from the staffs of library.

My warm and sincere gratitude goes to my beloved darling Mr Ben Collins Nweke, My children favour and valentine Ben –Nweke, my parents brothers and sisters my in-laws.

It is impossible to mention by name all who have contributed to this research work but the researcher would specially mention Agwunedu Martina I. ,My head of department Mr Ani Wilson. U. and all my Friends and well wishes To the Almighty God the research gives the glory for any success recorded in this research work.

Ben –Nweke Ifeoma M.