Showing all content in South Sudan

  • Event

    South Sudan, the EAC and the East African Monetary Union

    South Sudan became the sixth member of the East African Community (EAC) in April 2016. This decision to join the EAC is an important step as the world's newest country is developing its trade strategy. As a member of this regional bloc, South Sudan needs to accede to all the existing protocols and become actively involved in the ongoing negotiations for the future ones. For...

    16 June 2016

  • Blog post

    The perils of relying on oil as the only resource for development

    Lesson from their African neighbours suggest that a stronger and more productive South Sudanese economy will have to wean itself of its reliance on oil revenues. Developing off the back of one natural resource is risky for any country. It makes them reliant on external conditions beyond their control, such as global demand and supply. Since June 2014, global oil...

    4 Apr 2016 | Astrid Haas

  • Blog post

    What South Sudan will gain from joining the East African Community

    South Sudan's admittance to the East African Community last week, represents a tremendous opportunity to harness the growth potential that could result from transforming regional trade relationships and attracting greater investment in South Sudan's physical infrastructure. IGC Country Economist Astrid Haas outlines the challenges and opportunities that lie ahead...

    7 Mar 2016 | Astrid Haas

  • Publication - Policy note

    Recommendation for South Sudan to join the East African Community

    1 Mar 2016 | Charles Data Alemi, Jaime de Melo, Astrid Haas

  • Project

    Trade, EAC and WTO accession: Pro-growth options

    As the world's newest nation, South Sudan is currently considering various options for the trade strategy it would like to pursue and that would support economic growth for the country. Within the region, South Sudan has decided to actively engage in accession talks with the East African Community (EAC). These talks commenced in November 2014 and have been relatively...

    1 Mar 2016 | Charles Data Alemi, Astrid Haas, Jaime de Melo, Christopher Adam

  • Publication - Project Memo

    Fiscal decentralisation in South Sudan (Project Memo)

    9 Feb 2016 | Nada Eissa, Peter Biar Ajak

  • Project

    Exchange rate options for South Sudan

    The exchange rate has become an increasingly important economic issue in South Sudan in recent years, but particularly so during the current year. For many people, the South Sudanese Pound (SSP) has been increasingly weak and volatile, manifested in a sharply depreciating parallel exchange rate. This has been accompanied by an increasingly severe shortage of dollars,...

    11 Jan 2016 | Keith Jefferis

  • Blog post

    Moving from a fixed to a floating exchange rate: The case of the South Sudanese Pound

    The Government’s decision to peg its new currency, the South Sudan Pound (SSP) to the US dollar, was largely intended to protect against oil price volatility. Amidst falling oil prices and the outbreak of civil war, the Government rapidly depleted its USD reserves and spurred the emergence of a currency black market. This blog argues that the decision taken to float the...

    17 Dec 2015 | Keith Jefferis, Astrid Haas

  • Publication - Policy note

    Exchange rate reform in South Sudan

    The exchange rate has become an increasingly important economic issue in South Sudan in recent years, but particularly so during the current year. For many people, the South Sudanese Pound (SSP) has been increasingly weak and volatile, manifested in a sharply depreciating parallel exchange rate. This has been accompanied by an increasingly severe shortage of...

    15 Dec 2015 | Keith Jefferis