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Author: Benaiah Yongo-Bure Publisher: University Press of America ISBN: 9780761835882 Category : Business & Economics Languages : en Pages : 246
Book Description
Economic Development of Southern Sudan provides an overview of the Southern Sudanese economy, and the main causes for the lack of development in the territory. The book suggests strategies and policies for greatly reducing poverty and initiating sustainable development in the territory. Yongo-Bure outlines the significance of the resource base of Southern Sudan, as well as the development programs of the first peace period (1972-1983). The prominent sectors analyzed include agriculture, industry, transport, education, health, energy, power, and trade. The exploration and exploitation of petroleum is highlighted.
Author: Benaiah Yongo-Bure Publisher: University Press of America ISBN: 9780761835882 Category : Business & Economics Languages : en Pages : 246
Book Description
Economic Development of Southern Sudan provides an overview of the Southern Sudanese economy, and the main causes for the lack of development in the territory. The book suggests strategies and policies for greatly reducing poverty and initiating sustainable development in the territory. Yongo-Bure outlines the significance of the resource base of Southern Sudan, as well as the development programs of the first peace period (1972-1983). The prominent sectors analyzed include agriculture, industry, transport, education, health, energy, power, and trade. The exploration and exploitation of petroleum is highlighted.
Author: Simon Mollan Publisher: Palgrave Macmillan ISBN: 9783030276386 Category : Business & Economics Languages : en Pages : 306
Book Description
This book examines the economic and business history of Sudan, placing Sudan into the wider context of the impact of imperialism on economic development in sub-Saharan Africa. From the 1870s onwards British interest(s) in Sudan began to intensify, a consequence of the opening of the Suez Canal in 1869 and the overseas expansion of British business activities associated with the Scramble for Africa and the renewal of imperial impulses in the second half of the nineteenth century. Mollan shows the gradual economic embrace of imperialism in the years before 1899; the impact of imperialism on the economic development of colonial Sudan to 1956; and then the post-colonial economic legacy of imperialism into the 1970s. This text highlights how state-centred economic activity was developed in cooperation with British international business. Founded on an economic model that was debt-driven, capital intensive, and cash-crop oriented–the colonial economy of Sudan was centred on cotton growing. This model locked Sudan into a particular developmental path that, in turn, contributed to the nature and timing of decolonization, and the consequent structures of dependency in the post-colonial era.
Author: Hilde F. Johnson Publisher: Bloomsbury Publishing ISBN: 1786730057 Category : History Languages : en Pages : 401
Book Description
In July 2011, South Sudan was granted independence and became the world's newest country. Yet just two-and-a-half years after this momentous decision, the country was in the grips of renewed civil war and political strife. Hilde F. Johnson served as Special Representative of the Secretary-General and Head of the United Nations Mission in the Republic of South Sudan from July 2011 until July 2014 and, as such, she was witness to the many challenges which the country faced as it struggled to adjust to its new autonomous state. In this book, she provides an unparalleled insider's account of South Sudan's descent from the ecstatic celebrations of July 2011 to the outbreak of the disastrous conflict in December 2013 and the early, bloody phase of the fighting. Johnson's frequent personal and private contacts at the highest levels of government, accompanied by her deep knowledge of the country and its history, make this a unique eyewitness account of the turbulent first three years of the world's newest - and yet most fragile - country.
Author: Addis Ababa Othow Akongdit Publisher: Christian Faith Publishing, Inc. ISBN: 1645692477 Category : Business & Economics Languages : en Pages : 154
Book Description
The main theme of this study is chosen in response to the general consensus on the importance of conducting a comprehensive study that may shape the economic policies and promote the business sector as well as the government and other organizations. However, the key question posed by this study is whether the theory that political stability fosters economic development is simply the wishful thinking of people who value both stability and growth or whether it is a delusion of those who believe that most developing countries may enjoy rapid growth if they are stable. The importance of this study is clear: South Sudan is confronted with enormous challenges of administrative, ethnic, political, and economic development. In light of this, the current study addresses the following issues: "What is the impact of the political system in South Sudan on economic development? What is the impact of oil resources on sustainable development? What is the impact of the oil shutdown on political and economic stability, and what is the possibility of deficit financing? Is there any possibility for cooperation between Sudan and South Sudan?" In this context, the major objective of this study is to analyze the political development of the country to verify that political stability fosters the achievement of economic and social development. It also seeks to analyse the political history of Sudan in general and South Sudan in particular, emphasising the importance of political stability, among other considerations, as a precondition for socioeconomic development. Furthermore, other objectives of the study include suggestions on how political stability could be ensured in South Sudan and how good governance may promote political and economic stability. In light of the above, this study focuses on the issues of the political transition and policies that will improve the economic, political, and social well-being of the people of South Sudan. It seeks ways of setting up policies that will raise the standard of living of people with sustained growth and move from a simple, low-income economy to a modern, high-income economy. It also attempts to develop a framework for cooperation between Sudan and South Sudan. The methodology that is adopted to address these issues is collecting, sorting, and analysing primary and secondary information relating to the history of political and economic development in South Sudan, using empirical approaches such as SWOT analysis, information sources, references, and books. However, this study is organized as follows: chapter 1 discusses political stability and economic development in a theoretical framework through which we explore the empirical analysis; it is divided into four sections. Section 1 focuses on definition, causes, and measurement of political stability with an aim to assess the effect of political stability on growth-related variables. In section 2, we define the concept of political instability and measure it by using indicators like the number of coups d'état, the number of major government crises, the number of cabinet changes, and the number of political revolutions as well as political assassinations. Section 3 discusses the concept and definition of economic development and summarizes the major theories of economic development in five fundamental elements. The last section explores the implications of financing economic development by discussing domestic resources (including deficit financing) and foreign financial resources and the role of each of them in achieving economic development. Chapter 2 presents the political and social background of South Sudan is divided into three sections. Section 1 discusses South Sudan's ability to function and successfully implement its policies and strategic vision for the year 2040. Section 2 focuses on the demographic structure of South Sudan in terms of population, education, languages, and culture. Section 3 discusses the social indicators such as infrastructure, poverty, and corruption which affect improving social welfare as well as the political stability and economic development of the Republic of South Sudan. Chapter 3 focuses on the South Sudan economy and the challenges. Here we discuss the political and development challenges facing South Sudan as well as the investment opportunities. This chapter discusses the major challenges which face South Sudan, especially issues such as border demarcation, political reform, and oil shutdown as well as investment opportunities in oil and agriculture. In chapter 4, we discuss South Sudan's oil and economic development. It focuses on oil resources and their impact on sustainable development, the impact of oil shutdown on political and economic development and the possibility of deficit financing. In chapter 5, we discuss the future of stability and prosperity in South Sudan. It discusses how good governance and cooperation can be enormously beneficial to South Sudan in the process of building sustainable political and economic stability and what South Sudan can learn from other countries. The major findings of this study are as follows: - Political stability plays an important role in determining economic growth and economic development in many economies. - The degree of political stability is high if there is a high degree of democracy or autocracy. - Strong democracies or strong autocracies are best equipped to provide political stability that may lead to economic development. It is then the level of political stability within a given country, regardless of regime type, that results in economic growth. - Long-term sustainable economic growth depends on the ability to raise the rates of accumulation of physical and human capital by securing necessary sources (domestic, foreign, or deficit finance) to use efficiently for financing economic development. - Most economists view corruption as a major obstacle to development. It is seen as one of the causes of low income and is believed to play a critical role in generating poverty traps (e.g., Blackburn et al. 2006). Thus, corruption, according to this view, "sands" the wheels of development and it makes economic and political transitions difficult. - Not only is good governance critical to development, but it is also the most important factor in determining whether a country has the capacity to use resources effectively to promote economic growth and reduce poverty.
Author: Amir Idris Publisher: Routledge ISBN: 135166879X Category : Political Science Languages : en Pages : 171
Book Description
South Sudan: Post-Independence Dilemmas is an interdisciplinary collection of essays which engages with the failure of the newest African State to transition itself successfully to a state and nation after its independence in July 2011. The contributors explore the prospects for new modes of politics capable of simultaneously healing and reconciling the divided communities while moving the country beyond divisive ethnic identities. As they focus on the political, historical, legal, or cultural challenges presented in the process of state formation, the chapters situate South Sudan’s dilemma in its history of political elitism and gender violence, and the role of international actors in order to examine the effects of these factors and the national mechanisms which have attempted to address them. By foregrounding the relationship between the crises of the state and the politics of ethnicity in South Sudan, the book explores new potentialities in finding an alternative pathway redirect and unleash the creative energies and capacities of the peoples in South Sudan for meaningful social and economic development. As such, it will be of interest to scholars of African Politics and State Building.
Author: Gilad James, PhD Publisher: Gilad James Mystery School ISBN: 4599867527 Category : Languages : en Pages : 121
Book Description
South Sudan is a country located in East-Central Africa. It is the newest country in the world, gaining its independence from Sudan in 2011. The country has a population of about 11 million people, with over 60 tribes, the largest of which are the Dinka, Nuer, and Shilluk. The official languages are English and Arabic, but there are over 60 indigenous languages spoken throughout the country. South Sudan faces significant challenges, including civil war, poverty, and underdevelopment. The country has experienced conflict and instability since gaining independence, with ongoing ethnic tensions and disputes over resources. The majority of the population lives in poverty, with limited access to basic services such as healthcare and education. Despite these challenges, South Sudan has a rich cultural heritage and is home to diverse ethnic groups, languages, and traditional customs. Efforts are being made to develop the country's infrastructure and economy, but progress has been slow due to ongoing conflict and political instability.
Author: Addis Ababa Othow Akongdit Publisher: Christian Faith Publishing, Inc. ISBN: 1645693686 Category : Business & Economics Languages : en Pages : 190
Book Description
South Sudan is currently facing a serious economic crisis occasioned by: i. the oil shutdown which began at the beginning of 2012; ii. the civil conflict which erupted in December 2013; iii. declining international crude oil prices which went down by almost 62% (from USD 104 per barrel in 2013 to USD 40 in 2016); iv. drastic decline in the daily oil production as a result of partial closure of Upper Nile oil fields and; v. total shutdown of Unity State oil fields as a result of the war. All these factors have a significant negative impact on the South Sudan's economy. On the other hand, South Sudan has abundant and mostly untapped natural resources. It has great agricultural potential given that the country is very fertile and blessed with land, water and mineral resource which are substantial in relation to the relatively small population of 10 million plus. Effective management and development of these resources will therefore offer the prospect of sustained strong economic growth. Hence, the key research questions for this study are: Why some countries experience sustained levels of steady economic growth much faster while others stagnate? What can to improve the role of economic and political institutions in economic performance? There is extensive evidence that institutions matter a great deal in determining the level of economic development of a country. They strongly affect the economic performance of countries and act in society at all levels by determining the frameworks in which economic exchange occurs. Many Economists have shown that differences in institutions, as deep determinants of economic growth, account for much of the differences in income and productivity per head observed between countries (Acemoglu et al., 2005 ). Institutions shape the policy and governance setting in a given country, which in turn characterize the rule of law, risk of expropriation, political stability and ease of doing business. This study ends by suggesting the most importing mechanisms to strengthen the political and economic institutions that will create public trust in the government and its institutions and lead to sustainable development and prosperity. With that in mind, the institutions should support the public and private sector, capability, social infrastructure, good governance, rules of laws in order to achieve sustainable economic growth and financial stability. In this context, the main objectives of this study is to analyze the economic and political structure in South Sudan to ensure its role in achieving sustainable Economic Development and to analyze the effectiveness of macroeconomic policies in responding to economic shocks. It is also opted to examine the structural soundness of the South Sudan economy and the efficiency of its key institutions in addressing the challenges. In particular, the role of a strong and healthy financial sector in weathering shocks and sustaining growth. In light of the above, this study focuses on the greater role institutions have played in the economic development of several East Asian countries as well as Africa. Though, it is argued that the institutions can be weaker and ineffective simply because of administrative, institutional, ethnic, social and political challenges including poor enforcement of the rule of law, corruption, mismanagement, lack of strong civil society and political interference. However, the strength of an institution determines whether a country will be poor or wealthy, whether or not its people are free or oppressed and if its people will suffer from poverty or benefit from prosperity. Therefore, the main recommendations of this study can be summarized as follows: - developing effective, accountable and transparent institutions at all levels; - building a variety of healthy institutions that can accelerate and spearhead growth; - building strong political and governmental institutions that enhance the governance - reforming the institutions with an aim to move from situations of stagnation to rapid growth or a better development paths; The study embraces a multi-pronged methodology, pursuing a combination of relevant methods and approaches of data collection, including both primary and secondary information sources. This study is organized as follows: Chapter 1 discusses the institutions, financial stability and sustainable Economic Development, theoretical framework in which we explore in the empirical analysis. Chapter 2 presents the historical background of institutions in South Sudan Chapter 3 focuses on institutions and financial stability where we discuss the institutional policies and approach for financial stability as well as issues of globalization, transparency, accountability and its impact on financial stability. In chapter 4, I discuss institutions and sustainable economic growth. It focuses on fundamentals and strategies of sustainable economic development and the role of good governance and institutions in long-term economic growth. In chapter 5, we discuss the prospects of strong institutions, financial stability and sustainable Economic Development in South Sudan. It discusses how efficiency and soundness of South Sudan's key institutions can be extremely valuable in process of building a sustainable economic growth and what can South Sudan learn from others countries. The last chapter is the conclusions and recommendations of research. The major findings of this study are as follows: - Conflicts affect economic outcomes mainly through the destruction of human and physical capital, shifts in public spending and private investment, as well as the disruption of economic activities and social life. - Building effective, efficient and accountable institutions in fragile state like South Sudan can be problematic and challenging. Most importantly, good political and economic governance, based on transparency and accountability, should be the key for building a politically and economically viable state capable of articulating a common vision for national unity, and providing stability and dividends of peace to its aspiring citizens. - Strictly, from economic point of view, a political resolution of the current crisis is urgently needed in order for South Sudan to restore the confident of investors, put socio-economic development as one of its priorities and regain its place as the world's newest investment destination. - Social, political and economic stability in South Sudan will depend on core institutions performing their functions sufficiently well to manage public resources effectively and distribute them equitably
Author: Benaiah Yongo-Bure
Author: Benaiah Yongo-Bure
Author: Simon Mollan
Author: Hilde F. Johnson
Author: Alden Young
Author: Addis Ababa Othow Akongdit
Author: Amir Idris
Author: Farah Hassan Adam
Author: Benaiah Yongo-Bure
Author: Gilad James, PhD
Author: Addis Ababa Othow Akongdit