Impacts of global economic crisis on the consumption of psychiatric nursing services in Nigeria
European Journal of Economics, Finance and Administrative Sciences
Department of Marketing, University of Calabar, PMB 1115, Calabar, Nigeria; Department of Business Management, University of Calabar, PMB 1115, Calabar, Nigeria
Psychiatric doctors and nurses are two groups of professionals whose responsibility it is to offer mental health services; advice on issues related to mental health, treatment of cases of mental disorders and rehabilitation of individuals with mental health problems in the community. The demand and supply of these services are influenced extensively by the prevailing business environment, specially, the economic factors. The current global economic melt-down is an uncontrollable variable facing all economies of the world. Nigeria is no exception. What differentiates one economy from the other is the degree of impacts on the well being of the citizenry. In this paper, the authors x-ray the challenges of psychiatric nursing services in Nigeria and the impacts of the current global economic meltdown on consumption. The elementary laws of demand and supply were significant in this analysis. Suggestions that would help cushion the effect of the global economic crisis on the consumption of psychiatric nursing services were considered in the paper. © EuroJournals, Inc. 2011.