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Predicting The Expected Rate Of Inflation Using A Numerical Simulation With A Political Instability-induced Random Noise: Issues For Control And Implication For A Geo-political Sustainable
We concur with Claude Ake (1996): “by all indications, political conditions in Africa are the greatest impediment to development”. According to this reputable seasoned scholar, he considered how African politics has been constituted to prevent the pursuit of development and the emergence of relevant and effective development paradigms and programs. Inflation being one of the economic maladies inflicting social losses in Nigeria can be controlled using the mathematical reasoning of a random noise characterization of a few intensities. Political instability which is driven by numerous factors and its impact on the stabilization of the expected rate of inflation can be studied mathematicall
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