Pictures, tables and figures are allowed here. Civil engineering pertains to the development of our natural and physical environment. It deals with things including designs and construction of dams, bridges, buildings, etc. So from this wide range of possibilities, you should have more than enough to base your thesis on. Are you interested in developing your own research project? Discover the PhD projects we currently have available for Why Loughborough?
Loughborough community Teaching excellence In some cases you may already have developed a Research Proposal, for example as part of the process of securing funding. Our Signature Approach to Undergraduate Education. Graduate research proposals are formal documents and should be written as though they were to be submitted to a funding agency. Civil engineering deals with structural segments such as dams and bridges and buildings. You are commenting using your WordPress. You are commenting using your Google account.
You are commenting using your Twitter account. You are commenting using your Facebook account. The methodology in this paper employs heavily the ARDL co-integration approach for investigating the relationship between the inflation and its determinants. ARDL was used because it has several advantages over other models of co-integration. ARDL can be used with time series data, can also be employed in a general-to-specific modeling by including insufficient numbers to lags for the data generating and error correction model ECM can be derived using ARDL co-integration model.
Lagged change in the inflation and money supply growth are insignificant in the ARDL framework. Moreover, the ever-increasing prices are not unsustainable in the long-run; hence using the concept of long-run relations could give incorrect results.
Zimbabwe had almost all her prices listed in foreign currencies which fully wrote off inflation inertia. In this case, an exchange rate is a useful tool for curbing inflation rates thereby making stabilization of hyperinflation less costly in comparison to moderate methods of dealing with hyperinflation.
Through Ordinary Least Squares method, hyperinflation in Zimbabwe is said o have been caused by the rapid growth of paper money.
The money demand model will seek to find out if this result is consistent. Additionally, a unit increase in the parallel market premium will result in an equivalent change in inflation. High rates of interest will deter borrowing and foster saving, slowing the economy and hence disinflationary effects. The Treasury bill by the Zimbabwe government had turned the interest rates negative and this manipulation discouraged savings by the households.
As per the Quantity Theory of money, hyperinflation in Zimbabwe could have been a monetary phenomenon and the only way to curb it would be to constrain the unnecessary money supply growth.
Hyperinflation in Zimbabwe had severe adverse effects on the economy in regard to wealth, savings and deposits. Prices of essential goods and services became unreachable, especially to those on inflexible incomes. Countermeasures including price controls and foreign currencies ban to control the then escalating levels of inflation and the devaluation of the Zimbabwean currency were taken.
The Zimbabwean dollar value diminished at a faster rate and the RBZ could not keep up with the printing. This study aimed at finding the causes of hyperinflation in Zimbabwe by using the right econometric models. Its main aim is to find out if the growth of money has a positive effect on inflation. Additionally, it will be aimed at finding out whether the parallel market premium is directly proportional to the growth of inflation.
Whether money supply is the primary driver of hyperinflation in Zimbabwe, the findings of the research will provide the answer.
BBC News,. Cato Institute,. Larochelle, C. Alwang, and N. Journal of African Economies McIndoe Calder, Tara. SSRN Journal n. Makochekanwa, A. The University of Pretoria, Department of Economics : n.
Sokic, Alexandre. German Economic Review Works, Anchor. So check it out! You can also find out more helpful examples of research proposals if you contact us. Spend just 5 minutes and get perfect PHD paper! Order now. The Dynamics of Hyperinflation and Stabilization Policies — the Case of Zimbabwe The dynamics of hyperinflation and stabilization policies The running of the country can be viewed commercially as a business enterprise by the economists.
Rationale This proposal will dig into inflation and find out how inflation has affected economies of a country, in particular, Zimbabwe and the ways to stabilize this condition. Introduction Hyperinflation can be defined as a situation where the prices of goods and services escalate beyond control that the concept of inflation is an understatement. Literature review In this section, the Cagan hyperinflation model will be examined, where he assessed the statistical connection between cash and changes in price by conducting instances of hyperinflation in six different countries across Europe.
Methodology This proposal will seek to clarify the mechanisms through which money, the setting of price behavior and the requirements of government revenue collaborate in Zimbabwe, to examine the explanations put forth by the authorities about the hyperinflation in Zimbabwe. Granger causality test In general, it is obvious that money engenders the rate of inflation, but the reverse could also be claimed to be true.
Theoretical model This model provides the classical quantity theory of money which believes that institutional factors determine the rate of money circulation. Research plan Hyperinflation in Zimbabwe had severe adverse effects on the economy in regard to wealth, savings and deposits. Works cited BBC News,. Ready to accelerate your dissertation creation? From topic selection to proofreading the final draft.
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