LOGIN
BEST PAPER AWARDS
AJMS Will give best paper award in every issue in the from of money along with certificate to promote research .
Best Article of current issue
Download Article : Click here
ABSTRACT
Nigerian Economic and Financial Crises: Negligence of Stress Testing and the Correlations that exists between Anticipated Revenues, Budgets, Forex Exchange Rates and Other Fundamental Macroeconomic Indicators: An Open Letter to the President
Muhammadu Buhari, GCFR
Jamilu Auwalu Adamu
ABSTRACT
‘The paper presents the conduct of Stress ‘lesting before Passing Anticipated Budgets and Revenues; Introduction of Simple Arithmetic and Geometric Means when Making Major Government Policies and Informed Decisions that involve Numbers; Introduction of Contractional, Normal and Expansional Projected Revenues and Budgets Proposals; Introduction of Advanced Investment, Diversification and Hedging Strategies to Dramatically Boost National Revenues and to Drastically Reduces National Risks Exposure; Creation of Millions of Jobs vis — a — vis Money and Capital Markets using Modified Liquidity Enhancement Strategies; and Extraction and Training of Young Entrepreneurs and Local Innovators regardless of their ITigher Academic Certificates thereby Creating Government and Private Owned Companies, Discouraging Importation and Encouraging Locally Made Products. If these proposals applied using all the available and advanced risk mitigations tools, experts and professionals, the current Nigerian Economic and Financial Crisis will soon be over. Also, the Nigerian unforeseen foreseeable future Economic and Financial Crises would be mitigated, transferred, or avoided with the stated modern risk management shock absorbers and Cushions.
[Full Text Article]