Journals Information
Universal Journal of Accounting and Finance Vol. 10(2), pp. 566 - 573
DOI: 10.13189/ujaf.2022.100221
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Global Financialisation, Trade Facilitation and International Flows
Ifeoma M. Ihegboro 1, Chika Anastesia Anisiuba 2, Aernan Johnson Emberga 2, Ofogbe Nyore Sandra 2,*, Love Ogochukwu Ude 3, Anthony Obiora Ude 3
1 Department of Banking and Finance, Faculty of Business Administration, University of Nigeria Nsukka, Nigeria
2 Department of Accounting, Faculty of Business Administration, University of Nigeria, Nsukka, Nigeria
3 Department of Management, Faculty of Business Administration, University of Nigeria, Nsukka, Nigeria
ABSTRACT
This study evaluated global financialisation, trade facilitation and international flows. The study specifically examined the effect of tariffs imposed on export and import, information and communications technology (ICT) development and usage in business, documents to import and documents to export (Numbers) and labour force in the economy on the net national income of Nigeria. Data collected were analysed using the ARDL model. The result of the analysis shows that the tariff imposed on export and import is negative and insignificantly impacted the net national income of Nigeria. It was also observed that ICT development and usage in business has a positive and insignificant effect on the cash flow rate in Nigeria. The study further shows a positive but insignificant impact of documents to import and documents to export (Numbers) on the net national income of Nigeria. It was also observed that the labour force in an economy has a positive but insignificant effect on the net national income of Nigeria. The study clarifies that trade flow is continuously increasing in Asian countries. It benefits all those countries that are actively performing well in international trade. It helps them with economic development and rising living standards. But some trade facilitation determinants need to be improved for a better advantage. Improvement in these determinants will result in an increase in trade volume with faster and cheaper trade flow.
KEYWORDS
Financialisation, Facilitation, International Flows
Cite This Paper in IEEE or APA Citation Styles
(a). IEEE Format:
[1] Ifeoma M. Ihegboro , Chika Anastesia Anisiuba , Aernan Johnson Emberga , Ofogbe Nyore Sandra , Love Ogochukwu Ude , Anthony Obiora Ude , "Global Financialisation, Trade Facilitation and International Flows," Universal Journal of Accounting and Finance, Vol. 10, No. 2, pp. 566 - 573, 2022. DOI: 10.13189/ujaf.2022.100221.
(b). APA Format:
Ifeoma M. Ihegboro , Chika Anastesia Anisiuba , Aernan Johnson Emberga , Ofogbe Nyore Sandra , Love Ogochukwu Ude , Anthony Obiora Ude (2022). Global Financialisation, Trade Facilitation and International Flows. Universal Journal of Accounting and Finance, 10(2), 566 - 573. DOI: 10.13189/ujaf.2022.100221.