1.2 Problem statement
The problem statement of this research work is majorly based
on the following argument; «In the current situation, an increased oil
export revenue made a positive impact on the economic growth and consumer
wellbeing in Chad.» This problem statement is informative and challenging
in front of the current study because it based on the positive impact of the
oil related export rate in the underprivileged state of the world. This
statement based research will drive productive ways for the development of the
Chad economy. The related research question of this research work is given
below, on which the whole dissertation is established; «How the enhanced
oil export revenue made a positive impact on the economic growth and consumer
wellbeing in Chad?»
1.3 Justification/
Rationale
Researches and studies about the different aspects are related
to the different field of life that helps a lot in daily life activities,
either they are related to the business world or the other one. In history, the
majority of the researches is made on the lower economic situation of the
different African countries, but nobody majorly worked onChad and its bad
economic situation. There is a research gap in the previous researches
regarding how its oil export rate and related revenue made a major impact on
its consumer wellbeing and also its economic growth. It's true that many
researchers worked on its suffering condition, but nobody worked on exploring
different ways to overcome their drought and upgrade their living standards.
This research is important since it is totally based on
exploring the positive impact of their oil export's growth on their
sustainability factor. It is also more authentic regarding highlighting the
natural resources of this state, if majorly considered by the developed states
and foreign investors like China, India, the United States and other ones, then
there will be a win to win situation for everyone. This research is a positive
sign to overcome the economic problem of the third world country by majorly
work on the case study of Chad.
1.4 Research objectives
In this research, there are following major objectives that
give a direction to this work in order to evaluate and analyse the hypothesis
and derive a constructive outcome;
ï To analyse the impact of oil export revenue on the
economic growth of Chad.
ï To analyse the impact of oil export revenue on
consumers wellbeing in Chad.
ï To check the impact of oil export revenue on
agricultural and manufacturing sector growth in Chad
ï To determine the influence of oil export revenue on the
unemployment rate and per capita income in Chad
1.5 Research questions and
hypothesis
The research question of this dissertation is given below that
directly hit the major objectives.
ï How an oil export revenue improved the economic growth
of Chad?
ï How an oil export revenue directly effect on the
consumer's wellbeing in Chad?
ï How the growth rate of the agricultural and
manufacturing sector of Chad is majorly affected by the export revenue from
oil?
ï Either the enhancement of an oil export revenue upgrade
the per capita income and reduces the unemployment rate in Chad or not?
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