Sudan - The Road Toward Sustainable and Broad-Based Growth

Sudan - The Road Toward Sustainable and Broad-Based Growth

This report proposes a growth strategy for Sudan that reduces its dependence on oil, while building an economic foundation for a diversified, inclusive and sustainable growth path. Specifically, Sudan's near term strategy should focus on: a) d...

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Bibliographic Details
Main Author:	World Bank
Format:	Country Economic Memorandum
Language:	English
Published:	World Bank 2012
Subjects:	ACCESSIBILITY ADVERSE IMPACT AGRICULTURAL BANK AGRICULTURAL CREDIT AGRICULTURE AUTOMOBILE BANK ASSETS BANK CREDIT BANKING SECTOR BANKING SECTORS BANKING SYSTEM BENCHMARK BOTTLENECKS BUSINESS CYCLE CENTRAL BANK COMMERCIAL BANK COMMODITY PRICE COMMODITY PRICES COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPETITIVENESS CONTRACTUAL OBLIGATIONS CONVENTIONAL BANKING CREDIT ASSOCIATION CREDIT MARKET CREDITORS CROWDING OUT CURRENCY CURRENT ACCOUNT DEFICITS DEBT DECENTRALIZATION DEPOSITS DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT BANK DEVELOPMENT PROJECTS DIVISION OF LABOR DOMESTIC ARREARS DOMESTIC BORROWING DOMESTIC CONSUMPTION DOMESTIC MARKET DRINKING WATER DRIVING ECONOMIC ACTIVITY ECONOMIC CHANGE ECONOMIC CONCENTRATION ECONOMIC CONSTRAINTS ECONOMIC FACTORS ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC OUTLOOK ECONOMIC PERFORMANCE ECONOMIC TRANSACTIONS ELECTRICITY GENERATION ENABLING ENVIRONMENT ENTRY BARRIER ENVIRONMENTAL ENVIRONMENTS EQUILIBRIUM EXCHANGE RATE EXCHANGE RATES EXPENDITURE EXPENDITURES EXPORT COMPETITIVENESS EXPORT GROWTH EXPORT PERFORMANCE EXPORTERS EXPORTS EXTERNAL DEBT FARMS FEDERAL BUDGET FINANCE CONSTRAINT FINANCIAL DEVELOPMENT FINANCIAL SECTOR FISCAL DEFICITS FISCAL POLICY FISHERIES FORECASTS FOREIGN CURRENCY FOREIGN DEBT FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES FOREIGN INVESTMENT FORESTRY FREE TRADE FREIGHT FREIGHT TRANSPORT FUEL GDP GDP PER CAPITA GLOBAL ECONOMY GOVERNANCE ISSUES GOVERNMENT EXPENDITURE GOVERNMENT INVESTMENT GOVERNMENT INVOLVEMENT GOVERNMENT REVENUE GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT GROWTH POTENTIAL GROWTH RATE HIGHWAY HIGHWAY AUTHORITY HOLDING HOST COUNTRIES IMBALANCE INCOME LEVELS INCREASING RETURNS INEFFICIENCY INFLATION INFLATION RATE INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PROJECTS INTERMEDIATE INPUTS INTERNATIONAL DEVELOPMENT INTERNATIONAL TRADE INVENTORY INVESTING INVESTMENT CLIMATE INVESTMENT PROJECTS ISLAMIC BANKING ISLAMIC BANKS ISSUANCE LAND POLICY LAND USE LDCS LEGAL FRAMEWORKS LEGISLATIVE FRAMEWORK LESS DEVELOPED COUNTRIES LEVEL PLAYING FIELD LIQUIDITY LIQUIDITY PROBLEMS LIVING STANDARD LOCAL CURRENCY LOCAL SECURITY LONG-TERM INVESTMENTS MACROECONOMIC ADJUSTMENT MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MACROECONOMIC VARIABLES MARKET INFORMATION MARKET INTEGRATION MICRO FINANCE MICRO FINANCE INSTITUTIONS MICROFINANCE MODE OF TRANSPORTATION MONETARY FUND MONOPOLIES NATIONAL ECONOMY NATURAL RESOURCE NATURAL RESOURCES NON-PERFORMING LOAN NON-PERFORMING LOANS NPL O&M OIL OIL BOOM OIL BOOMS OIL EXPORTERS OIL PRICE OIL PRICES OIL RESERVE OIL RESERVES OIL REVENUES OIL SECTOR PER CAPITA INCOME PERMANENT INCOME POLICY ENVIRONMENT POLICY INSTRUMENTS POLITICAL ECONOMY POLITICAL RISKS POLITICAL STABILITY POLITICAL UNCERTAINTY PORTFOLIO PORTFOLIO INFLOWS POVERTY REDUCTION PRIVATE CONSUMPTION PRIVATE CREDIT PRIVATE INVESTMENT PRIVATE SECTOR CREDIT PRODUCTIVITY PRODUCTIVITY GROWTH PSP PUBLIC INVESTMENT PUBLIC INVESTMENTS PUBLIC SPENDING RAIL RAILWAY RAPID GROWTH REAL EXCHANGE RATE REAL GDP REFERENDUM REMITTANCES RESOURCE MANAGEMENT RETURN RISK PREMIUM ROAD ROAD NETWORK RURAL FINANCE RURAL ROADS SANITATION SUSTAINABLE GROWTH TAX TAXATION TELECOMMUNICATIONS TERMS OF TRADE TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TRADING TRAFFIC TRAFFIC VOLUMES TRANSACTION TRANSACTION COSTS TRANSIT TRANSPARENCY TRANSPORT TRANSPORT COSTS TRANSPORT INFRASTRUCTURE TRANSPORT RATES TRANSPORT SERVICES TRUST FUND URBAN ROADS VALUE ADDED WAGES WEALTH WEALTH EFFECT WORLD ECONOMY
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000334955_20100527064142 http://hdl.handle.net/10986/3183

Description
Summary:	This report proposes a growth strategy for Sudan that reduces its dependence on oil, while building an economic foundation for a diversified, inclusive and sustainable growth path. Specifically, Sudan's near term strategy should focus on: a) developing and maintaining the necessary enabling environment for growth, specifically macroeconomic stability and effective fiscal management (chapter one); b) implementing policies aimed at improving the investment climate and broadening private sector- led growth (chapters two and five); c) increasing returns to the agriculture sector as the highest potential engine of growth and poverty reduction over the medium-term (chapter four); d) developing a comprehensive reconstruction plan for the South (chapter six); and e) complementing technocratic reforms with good governance.