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Open Access
Article
Publication date: 26 September 2022

Richard C. Osadume and Israel O. Imide

The purpose of this study is to examine whether external debt procurements during the military and civilian regimes had a correlation with infrastructural developments using…

Abstract

Purpose

The purpose of this study is to examine whether external debt procurements during the military and civilian regimes had a correlation with infrastructural developments using available data from Nigeria.

Design/methodology/approach

The sample period covering 41 years, was divided into two periods representing the military and civilian regimes with respective secondary data secured from the World Bank Group online database. The study employed robust least square regression, autoregressive distributed lag and the error correction term to test the variables at the 0.05 significance level.

Findings

The results affirmed that external debts shows positive and significant relationship with infrastructural developments proxy for capital investments during the short-run for both military and civilian regimes in Nigeria, while the outcome was only significant and negatively signed for the civilian regime in the long-run with 52.28% speed of convergence to long-run. This study concludes that external debt showed significant correlation with infrastructural development during the civilian regime better than the military regime in Nigeria and this conclusion applies globally.

Research limitations/implications

Research period covered only 41 years, between 1979 and 2020 and focused on sub-Saharan African country – Nigeria.

Practical implications

The research encourages civilian administration in governments and urged them to carefully appraise and contract external debts to finance self-liquidating priority projects.

Social implications

The national economy and the masses suffer during military regime but are better off during civilian regime.

Originality/value

Apart from adding to current literature, the work focused on a coverage period that comprehensively compares two different regimes of government – military and civilian administrations.

Details

Journal of Money and Business, vol. 2 no. 2
Type: Research Article
ISSN: 2634-2596

Keywords

Article
Publication date: 1 April 1984

Americus

The degradation of coatings is, of course, a major area of interest for paint chemists. One of the coatings that degrades, much to the consumer's despair, is automotive coatings…

Abstract

The degradation of coatings is, of course, a major area of interest for paint chemists. One of the coatings that degrades, much to the consumer's despair, is automotive coatings. The degradation of an acrylic‐melamine, cross‐linked coating containing finely dispersed pigment, metallic flake, and other additives was studied by English and Spinelli (Organic Coatings and Applied Polymer Science Proceedings, preprints of papers presented by the Division of Organic Coatings and Plastics Chemistry at the American Chemical Society, 185th National Meeting, Seattle, Washington, March 20–25, 1983, p. 733) using diffuse reflectance infra‐red spectroscopy. They found that the degradation is facilitated near the surface by ultra‐violet light and that there is a cleavage of the nitrogen‐carbon bond on the methoxymethylamino moities. Much of the degradation appears to take place at the surface level and degradation of bonds does not lead to significant self‐condensation of the degraded materials. The authors indicate that they are currently using MMR techniques to identify the products of degradation.

Details

Pigment & Resin Technology, vol. 13 no. 4
Type: Research Article
ISSN: 0369-9420

Article
Publication date: 9 November 2012

George K. Stylios

Examines the seventeenth published year of the ITCRR. Runs the whole gamut of textile innovation, research and testing, some of which investigates hitherto untouched aspects…

1113

Abstract

Examines the seventeenth published year of the ITCRR. Runs the whole gamut of textile innovation, research and testing, some of which investigates hitherto untouched aspects. Subjects discussed include cotton fabric processing, asbestos substitutes, textile adjuncts to cardiovascular surgery, wet textile processes, hand evaluation, nanotechnology, thermoplastic composites, robotic ironing, protective clothing (agricultural and industrial), ecological aspects of fibre properties – to name but a few! There would appear to be no limit to the future potential for textile applications.

Details

International Journal of Clothing Science and Technology, vol. 24 no. 6
Type: Research Article
ISSN: 0955-6222

Keywords

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