The Impact of Macroeconomic Policies and Programs on Poverty Problems

Abstract

This study ventilated some necessary impact of the macroeconomic policies in Nigeria on poverty in the aggregate for the period 1980 -2002.

We identified the core determinants of poverty in the country in spite of the resources and lead way measures put into place by the government to checkmate incidence of poverty.

Two regression equation models of poverty and GDP were specified in the study and SPSS software was also used for the analysis of the data.

We concluded that the Nigerian policies and programs have not addressed the upward trend of poverty in the country based on the economic variables considered.

Keywords: Poverty, Macroeconomic-policies, Inflation, Unemployment, Exchange Rates.