International records / OpenAlex research

Electoral Cycles and Macroeconomic Instability in Nigeria (1999 2023): Evidence from Time Series Econometric Models

Macroeconomic instability remains a persistent challenge in emerging economies, particularly in politically active democracies where electoral incentives may influence economic policy decisions. In Nigeria, recurrent elections since the return to democratic rule in 1999 have raised concerns about the extent to which electoral cycles contribute to fluctuations in key macroeconomic indicators such as inflation, exchange rates, fiscal balance, interest rates, and real GDP growth. This study investigates the relationship between electoral cycles and macroeconomic instability in Nigeria over the pe…