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ALL ROADS LEAD TO JUBA: AN INQUIRY INTO THE ECONOMIC VIABILITY OF SOUTH SUDAN

Christian Nasulea, Beatrice Nicolle Cretu and Ramona Madalina Moroianu
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Christian Nasulea: University of Bucharest, Romania
Beatrice Nicolle Cretu: University of Bucharest, Romania
Ramona Madalina Moroianu: Academy of Economic Studies, Bucharest, Romania

Revista Economica, 2016, vol. 68, issue 6, 104-117

Abstract: When South Sudan proclaimed independence from Sudan in 2011, projections were optimistic in that the country's considerable oil resources would secure its viability as the world's newest state. Fast forward five years and South Sudan is grappling with a crippling civil war and facing a dire humanitarian crisis, situation which begs the question: from an economic perspective, is South Sudan a failed experiment in statehood? This paper attempts to tackle the question by analysing South Sudan's main sources of revenue, its current structural deficiencies and the cost of war on its economic development.

Keywords: economic viability; oil; Sudan; South Sudan (search for similar items in EconPapers)
JEL-codes: F51 (search for similar items in EconPapers)
Date: 2016
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